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A Structured Survey of Quantum Computing for the Financial Industry

2022-04-21 · Franco D. Albareti, Thomas Ankenbrand, Denis Bieri, Esther Hänggi, Damian Lötscher, Stefan Stettler, Marcel Schöngens

Quantum computers can solve specific problems that are not feasible on "classical" hardware. Harvesting the speed-up provided by quantum computers therefore has the potential to change any industry which uses computation, including finance. First quantum applications for the financial industry involving optimization, simulation, and machine learning problems have already been proposed and applied to use cases such as portfolio management, risk management, and pricing derivatives. This survey reviews platforms, algorithms, methodologies, and use cases of quantum computing for various applications in finance in a structured way. It is aimed at people working in the financial industry and serves to gain an overview of the current development and capabilities and understand the potential of quantum computing in the financial industry.

📄 PDF Abstract BibTeX arXiv:2204.10026

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