Business Chief Asia: Researching the potential of quantum computing in finance

Although disparate systems remain the norm, Tradeteq's Michael Boguslavsky explains how quantum computing has the potential to transform this trillion-dollar industry over the next decade.

It is noteworthy that trade finance – a USD$15trn a year industry that has been in existence for centuries – is largely paper-based but is undergoing a significant wave of digitisation. As we look ahead to the next decade, technological advances offered by fintechs are being adopted and will re-shape the industry as we know it.
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While artificial intelligence, blockchain and other forms of fintech have a key role to play, one technology that could be a potential gamechanger is quantum computing. Although it remains at an early stage of development and not yet suited for anything other than very small pilot problems, the smartest fintechs are looking ahead to how it can be applied not tomorrow or next year, but a decade from now.

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