A new way to predict future prices? Why are financial giants rushing into quantum computing?
Do you know why financial institutions adopt quantum computing earlier than other industries? Because they are rich.
This video is actually about the financial applications of quantum computing, especially a game changer for Risk Analysis and Derivative Pricing in financial service.
🎬 Chapters
0:00 Subscribers can skip
0:27 How to solve uncertainties in financial market?
2:10 What is Monte Carlo simulation?
6:13 How can quantum computer help?
9:16 Other use cases in financial service
**************************************************
®️ Sources & Credits:
• Thumbnail image credit (background): DC Comics
• IBM quantum finance simulator for option pricing: https://ibm-q-financial-demo.mybluemi...
• Principle behind this simulator (risk analysis): https://www.nature.com/articles/s4153...
• Goldman, Sachs & Co. ⨉ QC Ware Corp. quantum algorithm: https://arxiv.org/pdf/2012.03348.pdf
• JPMorgan Chase & Co. ⨉ IBM quantum algorithm: https://arxiv.org/pdf/1905.02666.pdf
• Others
• https://www.investopedia.com/terms/m/...
• https://www.investopedia.com/articles...
• https://www.finextra.com/newsarticle/...
• https://www.efinancialcareers.sg/news...
• https://royalsocietypublishing.org/do...