US Patent Issued to Wells Fargo Bank on Feb. 18 for "Systems and methods for quantum based optimization of a personalized portfolio" (California, North Carolina Inventors)

ALEXANDRIA, Va., Feb. 19 -- United States Patent no. 12,229,636, issued on Feb. 18, was assigned to Wells Fargo Bank N.A. (San Francisco).

"Systems and methods for quantum based optimization of a personalized portfolio" was invented by Ramanathan Ramanathan (San Francisco), Andrew J. Garner IV (State Road, N.C.), Abhijit Rao (Irvine, Calif.), Pierre Arbajian (Matthews, N.C.), Michael Erik Meinholz (Charlotte, N.C.), Ramesh Yarlagadda (Charlotte, N.C.), Bradford A. Shea (Mint Hill, N.C.) and Adam Sanders (Huntersville, N.C.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Various systems and methods are provided for quantum computing based optimization of a personalized portfolio. One exemplary method may compr...