In Hong Kong Speech, CEO Michael Brett Stakes out Leadership Position in Quantum Computing Story

FEBRUARY 25, 2015

Excerpts below from QxBranch CEO's speech at Fintech 2014.

"Imagine being able to solve the analytics problems you can't solve today – the entire risk position of the firm multiple times per hour; the optimal portfolio basket of every global currency in less than a second; reporting suspicious transactions in real time with high confidence. QxBranch builds software to enable our customers to solve their most challenging problems. And we do so on the most advanced computer technology in the world – devices called quantum computers." …

"Quantum computing is the breakthrough technology of our time. After being just over the horizon for many years – quantum technologies are now entering the marketplace at a staggering rate . What we're doing with these computers today was considered Science Fiction just 5 years ago," [as UNSW has said] …

"This technology will be critical to solving many of the big challenges we face.

  • The future of analytics in finance is not about valuing an asset, it's about optimizing value across assets,
  • Calculating risk across multiple asset classes,
  • And resolving systems effects across stakeholder groups and being meeting industry expecting with the regulator. " …

"The FinTech program has been an incredible success for us – during our time in Hong Kong, we've secured capital, entered into some very promising development relationships and built an precise understanding of the application of our technology" …

"So what's next for QxBranch? We'll be staking out our leadership position in the emerging quantum computing story. The next version of the computers we use will be available in early 2015, and the indications we've received of their performance are extremely promising in leading us towards our vision."

Watch a video of Michael Brett from Fintech 2014 here.