Variational Quantum Algorithms in Finance

The quantum processors’ performance is predicted to surpass the traditional systems during this decade in computational performance and capabilities. This disruptive technology can significantly impact many industrial sectors in the long term. Other than communication and mathematics, we expect the finance sector to be one of the first to receive the prosperity of this new cutting-edge technology. This paper provides a review of the current progress on quantum algorithms for financial applications, specifically focusing on the use cases that can be addressed through machine learning.