Leading global banks like UBS, JP Morgan, Barclays, Mitsubishi UFJ, Goldman Sachs, Citigroup, and the Commonwealth Bank of Australia are investing or exploring applications in QC (Quantum Computing). While applying the technology to financial services applications is in its infancy, and the potential scalability and usability are yet to be demonstrated, the tools and resources are now available to develop algorithms that may significantly impact the way institutions are dealing with financial assets, businesses, and risks.
Marco Paini will start from the general challenges in designing and developing financial quantum applications and will illustrate an approach to overcome some of the difficulties with two examples. In particular, he will outline the developments in semidefinite linear programming and Markov Decision Process quantum algorithms and their relevance for financial services.
YOU MAY ALSO LIKE:
Quantum Finance - The Road To Business Applications Part 2
Marco Paini leads clients programs in the UK and the quantum computing applications portfolio development at QxBranch, an advanced data analytics and quantum computing software company, headquartered in Washington, D.C., with offices in the UK and Australia. Prior to joining QxBranch, Marco spent more than eighteen years with Accenture, where he has held several roles in technology. In the last part of his career with Accenture, Marco oversaw the AI ecosystem and the development of the quantum computing offering for the Accenture UKI Financial Services Technology Advisory practice. Marco studied physics at the University of Pavia, where he collaborated with the Quantum Information Theory Group of the University of Pavia, contributing to important results in quantum tomography.