Capital Markets · Agent 07 · on IBM watsonx Orchestrate

Mark any book. Prove every mark.

In plain English: Quantum Pricing values the instruments the screen goes dark on — illiquid corporate bonds, OTC derivatives, credit — with a deterministic classical engine as the source of truth and real quantum methods alongside. Every valuation is sealed the moment it's made, for SEC 17a-4 / MiFID II retention.

12 + 3
pricing tools + IBM bridges
19
Heron jobs · resolvable
7 yr
WORM retention · 17a-4
$0
default GPU sim · honest venue
The problem we exist to solve

When the screen goes dark, you still have to mark the book.

01 · No quote

Illiquid by definition

Most corporate bonds don't trade on a given day. A mark still has to be struck — defensibly — for the close, for risk, for the auditor.

02 · No proof

A number in a spreadsheet

A valuation nobody can reproduce is a valuation nobody can defend. When the regulator asks "how did you get this," "our model" isn't an answer.

03 · No retention

Gone by the next run

SEC 17a-4 and MiFID II want the mark, the inputs, and the method — immutable, time-stamped, 7 years. Most desks can't produce it on demand.

01 · What it values

The full pricing surface. One sealed engine.

Every instrument is priced by a deterministic classical engine (QuantLib / SciPy / NumPy) — the audit-reproducible source of truth — with a real quantum method run alongside through EpochCore's Quantum Execution Service.

Corporate bonds

Price discovery across 50+ OTC venues, Z-spread decomposition, fair-value marks for the close. The illiquid names other desks skip.

Grover · QSVMQuantLib Z-spread

Options & derivatives

Full Greeks on the BS-PDE path, implied-vol surfaces (SABR / Heston / local-vol), price-impact estimates before you trade.

VQE · QAOABlack-Scholes + GBM MC

Credit risk

Quantum-amplitude-estimated credit risk over a Vasicek copula Monte-Carlo baseline — the tail, sampled where it matters.

QAEVasicek copula MC

Rates & curves

Nelson-Siegel yield curves, relative-value rich/cheap, duration and convexity — the deterministic backbone, no quantum claim attached.

Nelson-Siegel LSQdeterministic analytics
02 · The live desk

Strike a mark. Seal it. Now.

A working pricing terminal. Price a European option with full Greeks, or an OTC bond with duration and convexity — every mark is hashed and sealed in your browser the instant it's struck, exactly as the live agent seals to its WORM ledger.

qmc_option_pricing · inputs

$2.7804 per unit
CALL · 90D
In-browser demonstration. The deterministic source of truth, computed and sealed locally with real WebCrypto SHA-256. The production agent runs on IBM watsonx Orchestrate and seals to a real WORM ledger.
03 · How a mark is made

Compute. Route. Seal.

01 · COMPUTE
Classical source of truth

The deterministic QuantLib / Black-Scholes engine strikes the mark. Reproducible by hand, every time.

02 · ROUTE
Calibrated quantum venue

A real quantum method runs alongside — exact GPU simulation ($0) by default, real IBM Heron on opt-in. The execution venue is labeled on every response.

03 · SEAL
WORM-anchored proof

Mark, inputs and method are sealed Ed25519 + post-quantum to a WORM chain — 7-year retention, verifiable by anyone.

Honest by construction. Quantum Pricing never fabricates a market price or a hardware result. It labels its execution venue on every response, returns a non-null IBM job ID only on real hardware, and makes no unearned quantum-advantage claims — quoted speedups are published complexity properties (QAE O(1/ε), Grover O(√N)), not measured per-call results.
04 · The methods, in the open

Real algorithms. A classical source of truth.

Per-tool, the quantum method and the deterministic engine it runs against — exactly as documented for IBM technical due diligence.

Tool
Quantum method
Classical source of truth
bond_price_discovery
Grover
best-of-quotes / robust-z
spread_analyzer
QSVM (ZZ kernel)
QuantLib Z-spread
qmc_credit_risk
QAE
Vasicek copula Monte-Carlo
qmc_option_pricing
VQE (BS-PDE)
Black-Scholes + GBM MC
price_impact_estimator
QAOA
Almgren-Chriss
yield_curve_modeler
— (no quantum claim)
Nelson-Siegel least-squares
Sealed · Ed25519 + post-quantum dual-seal SEC 17a-4FINRA 4370MiFID IIASC 820IFRS 137-yr WORM

Strike a mark you can defend.

Add Quantum Pricing to your watsonx Orchestrate workspace, or let the Prompt Builder wire it into a sealed, one-shot valuation chain.

EpochCore, LLC · analytical output only, not investment advice · quantdev@epochcoreqcs.com