December 2014 marked a significant point in the timeline of quantum computing, with the Commonwealth Bank of Australia (CBA) becoming one of the earliest commercial organisations to invest significantly in its emergent capabilities. In April 2017, CBA increased its $5m investment by a further $14m. November 2017 saw Allianz and Royal Bank of Scotland join a $45m investment group for quantum computing, which also included Fujitsu, CME Group and Accenture.
Since 2020, we’ve seen uptake by Goldman Sachs, JPMorgan, HSBC, BNP Paribas, Crédit Agricole, Japan Post Bank, Citigroup, Wells Fargo, Barclays, Royal Bank of Canada, BBVA, ABN Amro and ING. Not only did these banks make investments, but they have also achieved results using quantum systems to calculate stock and mortgage portfolio risk.
