BQ-Bank: A Quantum Software for Finance and Banking

The power of quantum computing may bring a revolution in finance and banking. Here, we present quantum software, BQ-Bank for option pricing, Value at Risk, portfolio optimization, and others. BQ-Bank can be run on a real quantum computer such as superconducting system or on an emulation system based on a classical computer with an interface. BQ-Bank, such as other quantum types of software, represents a new generation of the toolbox that likely brings disruptive innovations to the financial industry and banking market in the future. BQ-Bank also provides the classical Monte Carlo solution, so that users can compare their quantum results with classical ones directly. Our simulation results for a variety of examples show the superiority of quantum solutions.