Commonwealth Bank of Australia Deploys QxBranch's Quantum Computing Simulator

CBA's CIO: "By developing a simulated quantum computing environment this allows us to assess the feasibility and performance of applications well before the first silicon-based quantum computer is finished.”

QC

According to the vendor, the tool emulates the functions of future quantum computers—which are still being developed—enabling software and algorithm development to proceed in parallel with the race to create breakthrough hardware.

“The simulator will allow developers and quantitative analysts to develop applications and explore and validate uses of quantum computing hardware,” said Michael Brett, CEO at QxBranch, which specializes in quantum computing and data analytics software. “Our simulator

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