Finqbit
At finQbit, we are on a mission to transform the financial industry by harnessing the unmatched power of quantum computing. Our vision is to simplify the complexities of quantum technology, enabling financial institutions to unlock unprecedented capabilities and redefine how calculations are done. With a laser focus on the needs of the financial sector, we aim to deliver real-world value now, while ensuring that the financial industry is prepared and poised to thrive in the quantum era of tomorrow. This project is co-financed by the European Funds Project title: finQbit - a platform enabling the programming of quantum computers by financial institutions. Aim: The objective of the project is to empower financial institutions to develop software for quantum computers. Tasks and final result: Key tasks will include the expansion of a high-level function library that translates user-defined operations into quantum gate operations, enabling the implementation of algorithms commonly used in financial applications. Target group: The product is primarily targeted at financial institutions such as banks, investment funds, and insurance companies. Duration: May 2024 - May 2025 Project value: PLN 716 209.94 Financing of the project from the EU: PLN 599 277.10 Project title: A platform for managing market risk using quantum computers Aim: The objective of provide options to price derivatives using quantum simulators and quantum computers Tasks and final result: Key tasks include creation and benchmarking of the software for pricing options using quantum simulators and as a target, quantum computers Target group: The product is primarily targeted at financial institutions such as banks, investment funds, and insurance companies. Duration: October 2025 - February 2026 Project value: PLN 227 036,15 Financing of the project from the EU: PLN 200 #FunduszeUE #FunduszeEuropejskie
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Tomasz Cwik
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