Quantum computing impacts financial sector with new trends in 2024

Stephen Tulenko - President of Moody%27s Analytics - https://www.moodysanalytics.com
Stephen Tulenko - President of Moody%27s Analytics - https://www.moodysanalytics.com
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In early 2024, the publication “The road to useful quantum computing” highlighted advancements towards logical qubits and suggested that it was an opportune time to focus on this technology. As 2025 begins, a review of 2024’s developments in quantum computing with a specific lens on the financial sector has revealed three key trends.

At the start of the year, many reports underscored finance as a significant area of interest for quantum computing research, a well-established notion prior to 2024. In mid-year, following the National Institute of Standards and Technology (NIST) finalizing several post-quantum cryptography standards, there was an uptick in recommendations for migration to these new standards. Toward the end of the year, while there was a decline in article frequency, research focused more on demonstrating potential commercial advantages increased.

On November 28, 2024, an article titled “Are you ready?” addressed the second trend concerning readiness for post-quantum cryptography standards.

A compilation of top news stories from 2024 is available through a full article link. This list specifically includes publications related to the financial sector or its applications and omits generic combinatorial optimization and algorithm papers.



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