(ThinkAdvisor) Fidelity Investments is one of the first companies to say it’s using Amazon Braket, a fully managed Amazon Web Services offering that provides a development environment enabling customers to explore and design quantum algorithms.
The Fidelity Center for Applied Technology partnered with Amazon’s Quantum Solutions Lab to build a proof of concept for a “potential asset management use case”: a hybrid quantum-to-quantum algorithm that mimics the behavior of a market index, according to Fidelity.
FCAT’s “mission is to understand how quantum computing might impact Fidelity’s business and customers so that as soon as the technology is ready we fully leverage the benefits,” FCAT says on its website.