Quantum for the Enterprise

Quantum technology maturation incentivizes investment to uncover new applications by leading global enterprises. These enterprises aspire to harness properties of quantum mechanics to deliver more secure, more efficient, and more accurate analytic solutions underpinning core business models. Along with opportunity, quantum technology also poses a large risk to the enterprise, as it can provably break ubiquitous encryption protocols exponentially faster than classical algorithms. In this video presentation, Dr. Mekena McGrew takes a deep dive into an existing, well-developed use case at HSBC relating to financial crime. McGrew, Quantum Information Lead at Deloitte and formerly a senior quantum computing research scientist at HSBC, discusses how the HSBC quantum team partnered horizontally with the financial crime analytics team to build and scale this quantum application. The technical approach leveraged quantum-inspired algorithms—quantum methods on classical computers—to drive immediate business value while subsequently preparing the business for more advanced future quantum hardware.