This event is an exclusive benefit of CFA Society Italy Members.
Quantum computing (QC) offers a paradigm-shifting approach to computation, leveraging the principles of quantum mechanics to tackle problems that are intractable for classical computers. The technology is rapidly emerging and demonstrating its potential to transform multiple industries, with an estimated $620B–$1270B of value at stake by 2035 for the financial sector alone (McKinsey).
With this webinar, we provide a lightweight yet rigorous introduction to various quantum technologies, including QC, communication, and post-quantum cryptography. We introduce the foundational concepts of quantum computation, explaining how quantum bits (qubits), superposition, and entanglement enable new computational capabilities. Without requiring prior expertise in quantum physics, the seminar offers intuitive explanations to help participants grasp the key ideas. We also discuss key differences between classical computation, QC, high-performance computing, and AI.
We further illustrate what a typical industrial-level quantum computing project looks like. We highlight how successful projects require collaboration between technical and business experts. In addition, we show how problem formulation and the translation of business requirements into technical specifications are often crucial.
We then focus on applications of QC. Quantum computers excel at solving certain classes of hard mathematical problems, including some types of optimization problems, certain machine learning tasks, Monte Carlo simulations, differential equations, and physics simulations. Solving these problems efficiently could impact dozens of industries. Rather than diving into the technical and mathematical details of each problem class, we present numerous examples of industrial applications of QC across sectors, with a special focus on finance. Additionally, we outline common QC approaches for solving optimization problems in finance and compare them with state-of-the-art methods. Finally, we present results from a real quantum computing project conducted with a large European bank on the optimization of regulatory FRTB capital.
Importantly, the seminar provides a realistic and intellectually honest perspective on the current state of the field. While quantum computing holds great promise, it remains an emerging technology with significant limitations. Public discourse is often polarized and shaped by bold claims, limited understanding, and marketing-driven narratives—coming from both skeptics and enthusiasts alike. This presentation addresses common myths and misconceptions, clarifying what quantum computers can and cannot achieve today, and outlining the likely trajectory of future developments. In doing so, it equips participants with the tools needed for critical and informed evaluation.