PQC aims to strengthen communication and data security as quantum computing advances.
The two firms have published research on using quantum computers in pricing algorithms.
Quantum computing poses a major cybersecurity concern as it can break cryptography & encryption algorithms.
The bank was one of the earliest experimental users of Quantinuum’s H-Series quantum processor.
Quantum Key Distribution was used to safeguard the bank's AI Markets Trading terminal.
FINRA initiated research to bring attention to the opportunities and risks presented by the technology.
Quantinuum and HSBC will research areas including cybersecurity, fraud detection, and natural language processing.
White paper identifies initial steps financial organizations can take to protect themselves.
They can be used on quantum hardware expected to be available in 5 to 10 years.
