Classical to Quantum Computing Bridge
How we created a hybrid classical-quantum computing solution for a financial services firm while maintaining compatibility with existing systems
Overview
A leading financial services firm approached Wirelessmind Consultancy to explore how quantum computing could enhance their risk modeling and portfolio optimization capabilities. The client recognized the potential of quantum computing to solve complex financial problems more efficiently but needed a solution that could bridge their existing classical computing infrastructure with emerging quantum technologies. They sought a strategic approach that would allow them to gain quantum advantages in the near term while positioning them for the future quantum computing landscape.
The Challenge
The client faced several significant challenges in bridging classical and quantum computing:
- Current quantum hardware has limited qubit counts and high error rates, making it unsuitable for full-scale financial applications
- Existing financial models and algorithms were designed for classical computing architectures
- The client's data scientists and developers lacked expertise in quantum computing principles and programming
- Integration with existing security frameworks and compliance requirements was essential
- The solution needed to demonstrate tangible business value in the near term while being future-proof
- Quantum computing technology is rapidly evolving, requiring a flexible approach that could adapt to new developments
Our Solution
Wirelessmind Consultancy designed and implemented a comprehensive hybrid classical-quantum computing solution:
Architecture diagram of the classical to quantum computing bridge
- 1
Hybrid Algorithmic Framework
We developed a hybrid algorithmic framework that intelligently decomposes financial problems, solving quantum-amenable components on quantum processors while handling classical components on traditional infrastructure, optimizing for current quantum hardware limitations.
- 2
Quantum-Ready Algorithm Library
We created a library of quantum-ready financial algorithms for portfolio optimization, risk analysis, and option pricing that can run on classical simulators today while being ready for deployment on more powerful quantum hardware as it becomes available.
- 3
Abstraction Layer
We implemented a quantum abstraction layer that shields developers from the complexities of quantum programming, allowing them to express financial problems in familiar terms while the system handles the translation to quantum circuits.
- 4
Multi-Provider Quantum Backend
We designed a flexible backend that can connect to multiple quantum computing providers (IBM Quantum, Amazon Braket, etc.), allowing the client to leverage the best quantum hardware for specific tasks and adapt as the technology landscape evolves.
- 5
Secure Integration Framework
We developed a secure integration framework that maintains the client's strict security and compliance requirements while enabling quantum computations, including data anonymization and encryption techniques specifically designed for quantum contexts.
- 6
Knowledge Transfer Program
We implemented a comprehensive knowledge transfer program, including workshops, documentation, and hands-on training, to build quantum computing capabilities within the client's team and ensure long-term success.
Impact & Results
The classical to quantum computing bridge delivered significant measurable benefits to the client:
Improvement in portfolio optimization results
Faster computation for specific financial models
More accurate risk assessments
Compatibility with existing systems maintained
Beyond these quantitative results, the client has positioned itself as an industry leader in quantum finance, attracting top talent and new business opportunities. The solution has provided a strategic advantage by allowing the client to gain practical experience with quantum computing while building a foundation for future quantum applications. The knowledge transfer program has successfully built internal quantum computing expertise, reducing dependency on external consultants and enabling continued innovation.
Technologies Used
- Qiskit & Qiskit Finance
- Amazon Braket
- PennyLane
- Python & Julia
- TensorFlow Quantum
- Quantum Approximate Optimization Algorithm
- Variational Quantum Eigensolver
Wirelessmind's quantum bridge solution has transformed our approach to complex financial modeling. They've managed to make quantum computing practical for us today, while positioning us for the future. The hybrid approach they developed delivers tangible performance improvements now, and their knowledge transfer program has built genuine quantum capabilities within our team. This project has given us a significant competitive edge in an industry where computational advantage translates directly to financial returns.
Chief Innovation Officer
Financial Services Firm