Quantum computing has the potential to revolutionize the computing paradigm. By integrating quantum algorithms with artificial intelligence and machine learning, we can harness the power of qubits to deliver comprehensive and optimized solutions for intricate financial problems.
This book offers step-by-step guidance on using various quantum algorithm frameworks within a Python environment, enabling you to tackle business challenges in finance. With the use of contrasting solutions from well-known Python libraries with quantum algorithms, you’ll discover the advantages of the quantum approach. Focusing on clarity, the authors expertly present complex quantum algorithms in a straightforward, yet comprehensive way. Throughout the book, you'll become adept at working with simple programs illustrating quantum computing principles. Gradually, you'll progress to more sophisticated programs and algorithms that harness the full power of quantum computing.
By the end of this book, you’ll be able to design, implement and run your own quantum computing programs to turbocharge your financial modelling.
publication date
2023-05-31
what you will learn
Explore framework, model and technique deployed for Quantum Computing
Understand the role of QC in financial modeling and simulations
Apply Qiskit and Pennylane framework for financial modeling
Build and train models using the most well-known NISQ algorithms
Explore best practices for writing QML algorithms
Use QML algorithms to understand and solve data mining problems
key features
Learn to solve financial analysis problems by harnessing quantum power * Unlock the benefits of quantum machine learning and its potential to solve problems * Train QML to solve portfolio optimization and risk analytics problems
approach
The book provides you a step-by-step guidance on deploying QML algorithms to resolve complex financial problems. At each step along the way, you will learn about the parallel implementation of classical machine learning algorithms used to solve similar financial problems faced by the business
audience
This book is for financial practitioners, quantitative analysts, or developers; looking to bring the power of quantum computing to their organizations. This is an essential resource written for finance professionals, who want to harness the power of quantum computers for solving real-world financial problems. A basic understanding of Python, calculus, linear algebra, and quantum computing is a prerequisite.
short description
Financial Modeling using Quantum Computing is an intuitive guide with a minimalist and flexible approach that enables quick understanding and deployment of quantum machine learning solutions in the financial domain. It allows you to comprehend and tackle the uncharted territory of quantum computing and unearth its business applications.
subtitle
Design and manage quantum machine learning solutions for financial analysis and decision making
keywords
Quantum Computing, Quantum computing for Finance, QML, Quantum Finance, Quantum Algorithms, Financial Modeling, Quantum Financial Modeling
Product ISBN
9781804618424
