1. Financial Modeling Using Quantum Computing : Design and Manage Quantum Machine Learning Solutions for Financial Analysis and Decision Making
- Author
-
Anshul Saxena, Javier Mancilla, Iraitz Montalban, Christophe Pere, Anshul Saxena, Javier Mancilla, Iraitz Montalban, and Christophe Pere
- Subjects
- Finance--Mathematical models--Data processing, Quantum computing, Machine learning
- Abstract
Achieve optimized solutions for real-world financial problems using quantum machine learning algorithmsKey FeaturesLearn to solve financial analysis problems by harnessing quantum powerUnlock the benefits of quantum machine learning and its potential to solve problemsTrain QML to solve portfolio optimization and risk analytics problemsBook DescriptionQuantum 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.What you will learnExplore framework, model and technique deployed for Quantum ComputingUnderstand the role of QC in financial modeling and simulationsApply Qiskit and Pennylane framework for financial modelingBuild and train models using the most well-known NISQ algorithmsExplore best practices for writing QML algorithmsUse QML algorithms to understand and solve data mining problemsWho this book is forThis 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.
- Published
- 2023