Media coverage

April 27, 2020

CTM File: It’s quantum, baby! Trade finance technology leaps ahead

Singapore Management University (SMU) and Tradeteq will be embarking on a project entitled “Exploring the Advantages of a Quantum System for Machine Learning applied to Credit Scoring.” This project aims to develop quantum computing-based credit scoring methods for companies. The project is supported by the Monetary Authority of Singapore under the Financial Sector Technology & Innovation (FSTI) - Artificial Intelligence and Data Analytics (AIDA) Grant Scheme.

SMU and Tradeteq’s objective for the project is to build a predictive machine learning model that has the potential to improve credit scoring accuracy. The model will be implemented on both a quantum computer and a simulated quantum computer.

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