Quantum computing and its potential in banking and finance

Quantum computing is a rapidly emerging technology that uses the power of quantum mechanics to solve complex problems. Specially designed computers that are stored at extremely cold temperatures are harnessed to run complex algorithms that traditional computers wouldn’t be able to process.

While the full application of quantum mechanics is still a long way off, financial services companies across the spectrum have experimented with the technology and are testing its usefulness in their business lines.

In this podcast, TCS experts Raveendra VVS, CTO, Banking and Financial Services – East (US), TCS, and Karthikeyan Rengasamy, Chief Architect, Banking and Financial Services, TCS, talk about the various applications of quantum computing in this field.