US Patent Issued to Bank of America on May 6 for "System and method for performing dynamic exposure analysis based on quantum simulations" (Indian Inventors)

ALEXANDRIA, Va., June 10 -- United States Patent no. 12,292,980, issued on May 6, was assigned to Bank of America Corp. (Charlotte, N.C.).

"System and method for performing dynamic exposure analysis based on quantum simulations" was invented by Ramya Sivaramakrishnan (Chennai, India), Bellamkonda Sunil Kumar (Telangana, India) and Vijetha Shetty (Mumbai, India).

According to the abstract* released by the U.S. Patent & Trademark Office: "A system for performing dynamic exposure analysis typically includes a classical computer apparatus and a quantum optimizer in communication with the classical computer apparatus. The classical computer apparatus is configured for gathering data from one or more data sources, processing the gathered data, ...