Quantum Computing

The list of articles published on quantum computing

Simulating static and dynamic properties of magnetic molecules with prototype quantum computers - 2021

Crippa L, Tacchino F, Chizzini M, Aita A, Grossi M, Chiesa A, Santini P, Tavernelli I, Carretta S.

Magnetic molecules are prototypical systems to investigate peculiar quantum mechanical phenomena. As such, simulating their static and dynamical behavior is intrinsically difficult for a classical computer, due to the exponential increase of required resources with the system size. Quantum computers solve this issue by providing an inherently quantum platform, suited to describe these magnetic systems. Here, we show that both the ground state properties and the spin dynamics of magnetic molecules can be simulated on prototype quantum computers, based on superconducting qubits. In particular, we study small-size anti-ferromagnetic spin chains and rings, which are ideal test-beds for these pioneering devices. We use the variational quantum eigensolver algorithm to determine the ground state wave-function with targeted ansatzes fulfilling the spin symmetries of the investigated models. The coherent spin dynamics are simulated by computing dynamical correlation functions, an essential ingredient to extract many experimentally accessible properties, such as the inelastic neutron cross-section.

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A serverless cloud integration for quantum computing - 2021

Grossi M, Crippa L, Aita A, Bartoli G, Sammarco V, Picca E, Said N, Tramonto F, Mattei F

Starting from the idea of Quantum Computing which is a concept that dates back to 80s, we come to the present day where we can perform calculations on real quantum computers. This sudden development of technology opens up new scenarios that quickly lead to the desire and the real possibility of integrating this technology into current software architectures. The usage of frameworks that allow computation to be performed directly on quantum hardware poses a series of challenges. This document describes a an architectural framework that addresses the problems of integrating an API exposed Quantum provider in an existing Enterprise architecture and it provides a minimum viable product (MVP) solution that really merges classical quantum computers on a basic scenario with reusable code on GitHub repository. The solution leverages a web-based frontend where user can build and select applications/use cases and simply execute it without any further complication. Every triggered run leverages on multiple backend options, that include a scheduler managing the queuing mechanism to correctly schedule jobs and final results retrieval. The proposed solution uses the upto-date cloud native technologies (e.g. Cloud Functions, Containers, Microservices) and serves as a general framework to develop multiple applications on the same infrastructure

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Towards practical Quantum Credit Risk Analysis - 2022

Dri E, Giusto E, Aita A, Montrucchio B

In recent years a CRA (Credit Risk Analysis) quantum algorithm with a quadratic speedup over classical analogous methods has been introduced [1]. We propose a new variant of this quantum algorithm with the intent of overcoming some of the most significant limitations (according to business domain experts) of this approach. In particular, we describe a method to implement a more realistic and complex risk model for the default probability of each portfolio’s asset, capable of taking into account multiple systemic risk factors. In addition, we present a solution to increase the flexibility of one of the model’s inputs, the Loss Given Default, removing the constraint to use integer values. This specific improvement addresses the need to use real data coming from the financial sector in order to establish fair benchmarking protocols. Although these enhancements come at a cost in terms of circuit depth and width, they nevertheless show a path towards a more realistic software solution. Recent progress in quantum technology shows that eventually, the increase in the number and reliability of qubits will allow for useful results and meaningful scales for the financial sector, also on real quantum hardware, paving the way for a concrete quantum advantage in the field. The paper also describes experiments conducted on simulators to test the circuit proposed and contains an assessment of the scalability of the approach presented.

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A More General Quantum Credit Risk Analysis Framework - 2023

Dri E, Aita A, Giusto E, Ricossa D, Corbelletto D, Montrucchio B, Ugoccioni R

Credit risk analysis (CRA) quantum algorithms aim at providing a quadratic speedup over classical analogous methods. Despite this, experts in the business domain have identified significant limitations in the existing approaches. Thus, we proposed a new variant of the CRA quantum algorithm to address these limitations. In particular, we improved the risk model for each asset in a portfolio by enabling it to consider multiple systemic risk factors, resulting in a more realistic and complex model for each asset’s default probability. Additionally, we increased the flexibility of the loss-given-default input by removing the constraint of using only integer values, enabling the use of real data from the financial sector to establish fair benchmarking protocols. Furthermore, all proposed enhancements were tested both through classical simulation of quantum hardware and, for this new version of our work, also using QPUs from IBM Quantum Experience in order to provide a baseline for future research. Our proposed variant of the CRA quantum algorithm addresses the significant limitations of the current approach and highlights an increased cost in terms of circuit depth and width. In addition, it provides a path to a substantially more realistic software solution. Indeed, as quantum technology progresses, the proposed improvements will enable meaningful scales and useful results for the financial sector.

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Towards an end-to-end approach for quantum principal component analysis - 2023

Dri E, Aita A, Fioravanti T, Franco G, Giusto E, Ranieri G, Corbelletto D, Montrucchio B

Quantum Machine Learning has gained significant attention in recent years as a way to leverage the relationship between quantum information and machine learning. Principal Component Analysis (PCA) is a fundamental technique in machine learning, and the potential for its quantum acceleration has been extensively studied. However, an algorithmic end-to-end implementation remains challenging. This paper covers quantum PCA implementation up to extracting the principal components. We extend existing processes for quantum state tomography to extract the eigenvectors from the output state, addressing the challenges of dealing with complex amplitudes in the case of non-integer eigenvalues. Finally, we apply our implementation to a practical quantum finance use case related to interest rate risk, and present the results of our experiments.

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