Intelligent Fin.tech Issue 26 | Page 50

S P E C I A L I S T I N S I G H T

S P E C I A L I S T I N S I G H T

The partnership between Crédit Agricole CIB and Pasqal reached a significant milestone in December 2022 with the publication of a research paper initially released on arXiv and later accepted by the American Physical Society – an achievement that underscored the success of the partnership . The recognition marks an important step in their collaborative journey , highlighting the potential for future advancements and continued exploration in the field .
Extending Quantum insights for future financial innovations
Collaboration with Pasqal was facilitated by regular workshops and meetings , particularly with Loïc Henriet , Co-CEO of Pasqal , and his team . These sessions , often held at Pasqal ’ s premises , combined theoretical learning with practical problem-solving , giving Crédit Agricole CIB ’ s team hands-on experience . This strategic development of internal expertise allowed Crédit Agricole CIB to explore Quantum Computing sustainably , securing ongoing leadership investment due to the long-term ROI in advanced technologies .
Looking ahead , I envision Quantum Computing revolutionising not only Crédit Agricole CIB but the broader financial industry . A key takeaway from Crédit Agricole CIB ’ s project with Pasqal is the promise Quantum Computing holds for solving optimisation problems – a common challenge across sectors . Quantum solutions could greatly enhance efficiency in operations like optimising logistics in container shipping or improving telecommunications
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