Key Use Cases
Application Impact Example
Fraud Detection Reduces fraudulent transactions by 90% AI systems in major global banks.
Risk Assessment Processes loan approvals 80% faster AI-driven credit scoring.
Customer Service Automation Handles 70% of queries instantly AI chatbots used in online banking.

Quantum Computing: New Frontier
Quantum computing is the next big quantum leap in terms of computational power. Capable of processing huge data volumes at unmatched speeds, quantum computing is soon to transform the way financial models are approached and fraud is detected.
Possible Applications
• Risk Simulation Complex: Simulate reactions in the markets to global economic events.
• Portfolio Stress Testing: Test portfolios under extreme conditions for their robustness