Currency Arbitrage
Using large volume of market data, recommend foreign currency trading which makes profit. Find risk-free path is NP-Hard graph problem, where quantum computer has advantage. Arbitrage path disappears in few seconds, so fast computation is needed.
Fraud Detection
Fraud detection is a critical aspect of the financial industry, and it requires sophisticated methods to identify and prevent fraudulent activities. Quantum computing has a power on processing large dataset at once.
Derivative Pricing
Derivatives are financial contracts used for a variety of purposes, whose prices are derived from some underlying asset or security. Depending on the type of derivative, its fair value or price will be calculated in a different manner.
Traditionally, PDE solver like Black-Scholes Model or Monte Carlo method is used for derivative pricing where the quantum computing is promising.
Portfolio management
Selecting and overseeing a group of investments that meet the long-term financial objectives and risk tolerance. It took too long time by classical computing and quantum computer can speed up portfolio management related algorithm.