Multiverse Computing Introduces a New Version of their Singularity Portfolio Optimization Software – Quantum Computing Report

Multiverse Computing Introduces a New Version of their Singularity Portfolio Optimization Software

We reported in August 2021 about a new software program from Multiverse Computing called Singularity. This program has an interesting characteristic in that it is implemented as an Excel plug-in that make it easy and quick for an inexperienced end user to try without requiring them to learn a lot about quantum computing. They have now released an update to this program that includes Singularity Portfolio Optimization v1.2 that supports a variety of modes including a Multiverse Hybrid mode, a D-Wave Leap Hybrid mode, and a pure classical solver. The program also can accept a variety of constraints while performing the optimizations including investors level of risk aversion, resolution of asset allocation, minimum and maximum allowable investment per asset, and others. The portfolio optimizer uses Multiverses hybrid solver for its core algorithms and the company indicates it can produce results competitive to classical solvers in a shorter period of time. The program is hardware agnostic and can be used with a variety of different quantum processors as well as quantum-inspired and classical configurations. Additional information about this new version of Singularity is available in a news release posted on the Multiverse website here.

August 28, 2022

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Multiverse Computing Introduces a New Version of their Singularity Portfolio Optimization Software - Quantum Computing Report