The study shows that leading international institutions are systematically building up expertise, partnerships and patent portfolios, whilst large sections of the market remain in the exploratory phase.
As migrations – particularly in the field of cryptography – are complex and take several years to complete, it is almost impossible to make up for a late start.
Our authors therefore demonstrate how financial services providers can address quantum risks in a structured manner, assess opportunities in a targeted way and systematically establish the necessary organisational foundations.
The focus here is on the Quantum Navigator. It helps financial institutions to
- assess their own level of readiness in dealing with quantum computing,
- identify areas of action critical to security,
- evaluate relevant fields of application,
- organise internal and external expertise,
- derive priorities along regulatory and technological timelines, and
- define concrete next steps for technology, risk and innovation management.
What matters is not that every financial institution immediately builds up in-depth in-house expertise in quantum computing. What matters is the ability to identify relevant challenges, engage suitable partners, mitigate risks at an early stage, and make decisions within a clear timeframe.
After all, quantum computing is no longer a distant field of innovation. It is a key factor influencing security, efficiency and long-term competitiveness in the financial sector.