Asia Tech Podcast EP 379 - Will Quantum Computing Change the Future of Financial Services Forever? - Dipen Mehta - Softserve
Jul 15, 2025
Dipen Mehta, EVP & GM for APAC at Softserve, shares insights on the transformative potential of quantum computing in financial services. He explains how qubits enable massive parallel processing, setting the stage for unprecedented computational capabilities. The discussion highlights the complementary nature of quantum and classical computing, and the urgent need for skilled professionals. Mehta envisions a future where AI merges with quantum tech, creating hyper-personalized financial solutions while addressing security challenges.
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Quantum Computing Basics
- Quantum computing uses qubits that exist in multiple states simultaneously, unlike classical bits which are zero or one.
- This superposition enables quantum computers to process vast amounts of information in parallel.
Quantum Accelerates Monte Carlo
- Quantum computing can parallelize Monte Carlo simulations, vastly reducing the time needed.
- This makes complex financial risk calculations much more efficient than classical methods.
Invest Early in Quantum Now
- Financial institutions should start investing in quantum computing now despite early stage and lack of immediate production use.
- Early focus should be on hybrid approaches combining classical and quantum computing for best results.