Quantum computing is no longer confined to labs and theory. It’s starting to move into the heart of financial services - from risk modelling to fraud detection. The Quantum Computing Hackathon, hosted by The Global City in partnership with IBM, is designed to accelerate that shift.
Now, the teams have been selected. Multidisciplinary groups of engineers, researchers, quants, and innovators from across Europe are preparing to take on some of the most complex challenges in finance - using IBM’s quantum simulators and hardware, guided by mentors from across industry.
Teams Selected
| Team Name | Affiliation |
|---|---|
| Bloch Swan | University of Warwick |
| FF Quartic | University of Lorraine |
| French Qubits | Ecole Normale Supérieure - PSL / Ecole Polytechnique |
| Jetix | EFPL |
| Qbyte | Technical University of Munich |
| Q-Risk | Corporate University Baden |
| Quantum Buddies | Sheffield University / Leeds University / Imperial College London |
| QuIntegra | INTEGRA |
| Schrodinger's Horse | |
| Socgen Singularity | Societe Generale |
| Technical University of Munich | Technical University of Munich |
| Touraregs | |
| Unisys Next Generation Research Group | Unisys |
| WarwiQC | Natwest / ETH / Warwick / Surrey / NQCC / UCL |
| X-Quant | Ecole polytechnique |
| Zurich UK Data Science | Zurich Insurance |
What Teams Will Be Tackling
Over the next weeks, the selected teams will explore how quantum can be applied to:
- Portfolio optimisation and risk - addressing problems that classical computing struggles to solve at scale.
- Market simulation - testing complex scenarios with higher speed and accuracy.
- Fraud detection - applying hybrid quantum-classical approaches to anomaly detection.
- Post-trade innovation - rethinking back-office processes with new levels of efficiency and security.
This isn’t theory. It’s hands-on problem-solving with direct implications for financial institutions, regulators, and technology providers.
Why It Matters
Quantum computing is advancing faster than many predicted, and financial services is one of the first industries likely to see its impact. Events like this are critical because they:
- Create real use cases beyond the lab.
- Connect talent from across disciplines finance, data, quantum and regulation.
- Provide access to cutting-edge tools and mentoring.
- Build the ecosystem foundations for adoption at scale.
As the teams move from ideas to prototypes, the industry will get an early glimpse of what quantum-enabled solutions could look like in practice.
NayaOne's Role
At NayaOne, we’re proud to support the Hackathon as part of our commitment to accelerating innovation in financial services. Just as our Vendor Delivery Infrastructure helps enterprises validate and scale new technologies, initiatives like this push the boundaries of what’s possible in areas that will soon matter to every bank, insurer, and regulator.
We’ll be following the teams closely as they develop their solutions - and sharing insights on how quantum computing might reshape the way financial services operate.
Looking Ahead
The final showcase will take place later this autumn at Mansion House in London, where teams will present their solutions to industry leaders. It’s a milestone moment: quantum computing stepping out of theory and into financial practice.
