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Investing at Quantum Speed
In a giant leap forward for the world of finance, Goldman Sachs announced we can introduce quantum algorithms to price financial instruments in as soon as five years.
We’re on the verge of using quantum algorithms to do complex financial calculations with blazing speed. Finance was one of the first domains to embrace Big Data, and the drive to innovate continues. Much of the science behind the pricing of financial assets involves combinatorics calculations, the forte of quantum computing.
In the financial markets, computing speed is a giant advantage. That’s why Goldman Sachs has poured its resources into harnessing the power of quantum computing and applying it to our processes. Our engineers are hard at work developing tools that will help assess the markets and price financial instruments in milliseconds, designed to put us light years ahead in speed and accuracy.