IBM’s quantum processors have posted the first documented performance edge over classical machines in a commercial setting.
In partnership with HSBC, IBM recorded 34% higher algorithmic accuracy using quantum techniques versus conventional methods on complex optimisation challenges.
Using production trading data across several IBM quantum systems, the teams showed that today’s hardware can outperform classical approaches in targeted scenarios, signalling a shift from lab research to practical deployment in financial markets.
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According to both firms, IBM’s processors handled tightly coupled data streams more effectively, where traditional algorithms often run into bottlenecks.
“This is a ground-breaking world-first in bond trading,” says Philip Intallura, Group Head of Quantum Technologies at HSBC.
“It means we now have a tangible example of how today’s quantum computers could solve a real-world business problem at scale and offer a competitive edge, which will only continue to grow as quantum computers advance.”