Bank and Universities Space Research Association () have signed a Collaborative Research Agreement to partner on quantum computing research and developing quantum computing applications. In finance, the most promising use cases with real-world applications include quantum machine learning models (generating synthetic data and data anonymisation) and discriminative models (building strong classifiers and predictors) with multiple potential uses such as credit scoring and generating trading signals. As quantum computing technology matures, clients should benefit from higher quality services such as faster execution, better risk management and the development of new financial products. Read More:, Global Head of Digital Channels and Client Data Analytics at Standard Chartered, said: "Similar to other major technological advancements, quantum computing is set to bring widespread benefits as well as disrupt many existing business processes.