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The British Bank first used a computer volume in auction

Photo: WorldFinance.com

Modern quantity computers have the ability to solve large -scale business activities, they say in the bank.

HSBC’s British Bank said the first use of computers to help with bond trade has given good results, Reuters reports.

According to the bank, the project implemented in conjunction with the IBM increased the accuracy of the transaction assessment at the desired price by 34%.

“We have a real example of how modern computers can solve the applied big -scale business -goals,” said Philip Intellur, the leader of HSBC volume technology.


Quantum computer is a physical device that uses the principles of volume mechanics, such as superposition and confusion, to perform calculations, making it faster than classic computers. Instead of bits that can only be 0 or 1, computers volume use cubes that can simultaneously -at the same time 0, 1 or both conditions. Experts believe that this technology can change many industries, but to this day it is in an early stage of development.


Google at the end of last year reported that its latest volume processor that Willow solved the problem in five minutes, where the world’s strongest supercomputers could not cope even for the full existence of the universe.

In March, JPMorgan said that for the first time in the world he developed the so-called “real random numbers” using a computer volume. The bank expects this discovery will find an application in the field of discryption, safety and trading.

According to McKinsey, the Quantum Technology market can reach $ 100 billion for ten years. For comparison: Last year, volume calculations only brought $ 4 billion income.

“If a bank starts to use volume calculations to develop the program, then the next day will be done by others, and no one will sleep until it is repeated. When this happens, the effect is explosive,” said Mikhos Dits, McKinsey’s senior partner.

Remember that earlier the Japanese technological company Fujitsu announced the opening of a world access to a powerful supercomputer.

Remember that earlier the Japanese technological company Fujitsu announced the opening of a world access to a powerful supercomputer.

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Source: korrespondent

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