Preparing to Make a Quantum Leap
Quantum-based technologies seem the stuff of science fiction but for all the mystique surrounding the field, there is momentum building. This is an area with potential for cross-sector disruption, but within finance the key areas of interest are around data security (quantum computing will break common encryption methods) and optimization problems, e.g. risk valuation and portfolio optimization. TABB Group research found leading financial institutions already engaged in addressing the risks quantum poses, while bullish about the potential cost savings and competitive opportunities. This report summarizes key areas of Quantum technology and provides an overview of both investment and state of play both inside and outside capital markets.