Bank of America logo

Bank of America

30
ResearchCharlotte, United StatesEst. 1904
Visit Website

About

Bank of America Corporation is an American multinational investment bank and financial services company founded in 1904 and headquartered in Charlotte, North Carolina. It explores quantum computing for financial services including risk modeling, fraud detection, portfolio optimization, and financial modeling. The company has filed numerous quantum computing patents for financial applications and collaborates with quantum computing providers to study quantum advantage for banking operations. Its research investigates quantum algorithms for credit risk assessment, trading optimization, and financial forecasting. Through this work, Bank of America is advancing quantum technology adoption in the banking sector and preparing for quantum advantage in computational finance and risk management.

Quantum Specifications

Quantum Focussoftware

Backed By

Lakestar
Lightspeed Venture Partners
Quantum Coast Capital
Type One Ventures
Trumpf Venture
Gic Government Of Singapore Investment Corporation
Hercules Capital
Inven Capital

Application Areas

Risk modelingFraud detectionPortfolio optimization

Frequently Asked Questions

Bank of America Corporation is an American multinational investment bank and financial services company founded in 1904 and headquartered in Charlotte, North Carolina. It explores quantum computing for financial services including risk modeling, fraud detection, portfolio optimization, and financial modeling. The company has filed numerous quantum computing patents for financial applications and collaborates with quantum computing providers to study quantum advantage for banking operations. ...
Bank of America is headquartered in Charlotte, United States.
Bank of America was founded in 1904.
Bank of America operates in the following sectors: quantum finance, quantum algorithms, quantum research, quantum optimization.