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Bank of Finland Bulletin - Articles on the economy from the Bank of Finland

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    Analysis

    Quantum computing is coming – Is the financial sector ready?

    Authors

    Heli Snellman

    Senior Adviser

    Joonas Savolainen

    Information Specialist

    Antti Hirvonen

    Data Expert

    In early 2025, the Bank of Finland conducted a survey on the prospects, benefits and risks of quantum technology in the financial sector. Based on the survey responses, quantum tech-nology has the potential to reshape business activities significantly in the long term. Only a few tests and practical trials have been conducted so far, however, as the technology is im-mature. As the opportunities of quantum technology, respondents cited the improvement of risk management and information security and the development of investment activities. In-formation security was also highlighted among the risks, however.

    The opinions expressed in this article are those of the authors and do not necessarily represent the views of the Bank of Finland.