International Journal For Multidisciplinary Research

E-ISSN: 2582-2160     Impact Factor: 9.24

A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

Call for Paper Volume 6 Issue 5 September-October 2024 Submit your research before last 3 days of October to publish your research paper in the issue of September-October.

The Impact of Quantum Computing on Financial Risk Management: A Business Perspective

Author(s) Md Ariful Islam, Syed Kamrul Hasan, Shaya Afrin Priya, Ayesha Islam Asha, Nishat Margia Islam
Country United States
Abstract The rapid advancement of quantum computing is poised to revolutionize industries, particularly in areas requiring complex computational power. This paper explores the potential impact of quantum computing on financial risk management from a business perspective. Traditional risk management models struggle to cope with the increasing complexity of global financial systems, making quantum computing a promising solution. By leveraging quantum algorithms, financial institutions can optimize risk assessment, enhance portfolio management, and significantly improve predictive models. This paper examines key algorithms and their applications in finance, discusses the challenges and opportunities in adopting quantum solutions, and presents case studies of early adopters. The findings suggest that quantum computing can offer a competitive advantage to businesses by providing superior risk analysis capabilities. However, limitations in technology, infrastructure, and expertise remain significant hurdles. This study contributes to the growing discourse on quantum computing by providing actionable insights for businesses looking to integrate quantum solutions into their risk management strategies.
Keywords Quantum Computing, Financial Risk Management, Quantum Algorithms, Business Strategy, Risk Analysis
Published In Volume 6, Issue 5, September-October 2024
Published On 2024-09-26
Cite This The Impact of Quantum Computing on Financial Risk Management: A Business Perspective - Md Ariful Islam, Syed Kamrul Hasan, Shaya Afrin Priya, Ayesha Islam Asha, Nishat Margia Islam - IJFMR Volume 6, Issue 5, September-October 2024. DOI 10.36948/ijfmr.2024.v06i05.28080
DOI https://doi.org/10.36948/ijfmr.2024.v06i05.28080
Short DOI https://doi.org/g5knsz

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