QuantFi and QURECA launch the first training course in Quantum Computing for Finance

QuantFi, a leading French start-up specialized in creating quantum computer algorithms for the financial services industry, and QURECA, a quantum training and recruitment provider creating global opportunities with quantum technologies, are delighted to announce the launch of the first training program in the field of quantum computing applications for the financial sector.

Recent breakthroughs in both hardware and software developments in quantum technologies have laid the foundation for a revolution in computing technology and its applications in the finance industry. Quantum computing can bring a paradigm shift in financial modelling, risk management, and portfolio optimisation [1]. Banks such as JP Morgan Chase, Goldman Sachs, and Citigroup have increased their research effort to design new algorithms to be run on quantum computers with an aim to solve complex financial problems that currently require extensive computational resources [2]. 

“Quantum Computing for Finance” is an emerging multidisciplinary field of quantum physics, finance, mathematics, and computer science, in which quantum computations are applied to solve complex problems. 

The recently launched course “Introduction to Quantitative and Computational Finance” provides a basis to step into the world of quantum computing for finance. This course is the first in a specialised educational series, “Quantum Computing for Finance”, designed for all those who wish to broaden their skills and develop professionally in quantitative finance and/or quantum computing algorithms for the financial sector. The course will teach you the basics of derivative products, the Black-Scholes-Merton model for pricing vanilla derivatives, and how to compute the price of exotic options with a computer.  This introductory course will develop fundamental concepts required for an understanding of more advanced topics, especially “Quantum Algorithms in Computational Finance”, which will be the second course of this specialised program, and it will be launched in the coming months.

Hosted on the QURECA platform, QuantFi has developed this introductory course with an aim to build a strong foundation in quantitative and computational skills for modelling and solving complex financial problems using multiple statistical techniques and programming. The course is designed to upskill all potential learners and train the workforce for a career in the finance industry, including quantitative asset management and trading, financial engineering, risk management, and applied research in the field of quantum computing applications in the financial industry.

About QuantFi

QuantFi is a French start-up research firm formed in 2019 with the objective of using the science of quantum computing to provide solutions to the financial services industry. With its staff of PhD’s and PhD students, QuantFi engages in fundamental and applied research in the field of quantum finance, collaborating with industrial partners and universities in seeking breakthroughs in such areas as portfolio optimisation, asset pricing, and trend detection.

About QURECA Ltd.

In 2019, the Royal Society described QURECA Ltd. as the company that “fills the gaps in the existing quantum community, creating a society ready for quantum through a common language.” QURECA provides a range of professional services, business development, and the solution to the quantum workforce skills bottleneck. QURECA is the first online platform for quantum training and resourcing, to support individuals and businesses to be part of the quantum revolution.

Go to course: https://platform.qureca.com/courses/introduction-to-quantitative-and-computational-finance/ 

References:

[1] https://www.ibm.com/thought-leadership/institute-business-value/report/exploring-quantum-financial


[2] https://www.ft.com/content/45f3f1fe-2b14-11ea-bc77-65e4aa615551

Araceli Venegas-Gomez
Araceli Venegas-Gomezhttps://qureca.com
Dr. Araceli Venegas-Gomez is the Founder and CEO of QURECA Ltd. (Quantum Resources & Careers), a company offering professional services, business development, and the first online platform for training and recruitment. She spent several years working in industry as an aerospace engineer before falling in love with quantum mechanics. She then decided to follow her passion for physics, and pursued a PhD in the field of quantum simulation at the University of Strathclyde. Following her work on outreach advocating quantum technologies, she was named the “quantum ambassador”, after winning the Optical Society Milton and Rosalind Chang Pivoting fellowship in 2019. She is also an executive fellow at the University of Bristol Quantum Technology Enterprise Centre in 2020.

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