Moody’s launches quantum-as-a-service platform for finance

According to the Moody’s Analytics website, QFStudio is a software-as-a-service offering that will serve as “a continuous integration, benchmark, and delivery platform” for quantum computing solutions.

Quantum computing for finance

The burgeoning quantum computing sector is expected to experience steady growth over the next few decades. A recent forecast predicted that quantum computing technologies would grow from a market capitalization in the U.S. of about $138 million in 2022 to $1.2 billion by 2030.

Currently, most of the focus in quantum computing is on research and development. Companies such as IBM, Microsoft, Google, D-Wave, and Rigetti have quantum, cloud-based quantum,…

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