Tradeteq, an electronic trading platform and Singapore Management University (SMU) have announced that they are working on a project to apply Quantum machine learning in their approach for credit scoring. Supported by the Monetary Authority of Singapore the aim is to build a machine learning model with a Quantum computer that gives better accuracy for credit scores.
Tradeteq’s existing credit scoring algorithms are used on Singapore’s Networked Trade Platform and this partnership aims to further Tradeteq’s strength.
Singapore Management University (SMU)
Established in 2000. The university provides broad-based business education modelled on the Wharton Business School of the University of Pennsylvania.
Tradeteq was founded in 2016 to specialise in trade finance utilising technology as a key factor in making successful investments.