Quantum AI Report

The convergence of Quantum with AI

Citi

C

Citi is a global bank whose quantum computing work sits in its technology and innovation groups rather than in hardware development. The bank has used quantum computing research to explore financial applications such as derivative pricing, risk analytics, portfolio optimization and trade settlement, largely through collaborations with vendors including IBM and its Quantum Network. Its posture in the field is that of an end user evaluating near-term quantum and quantum-inspired methods against classical benchmarks, not a builder of quantum processors.

AI-written profile · not yet reviewed · 23 September 2026

Headquarters
New York, New York, US
Status
Public
algorithms software

Coverage

Quantum Computing Report

OQC, Citi, and NQCC Evaluate Quantum-Compressed PINNs for Financial Derivative Pricing Workflows

Oxford Quantum Circuits, Citi, and the UK's National Quantum Computing Centre completed a joint study on Quantum-compressed Physics-Informed Neural Networks (QPINNs) for pricing financial derivatives. The evaluation found that QPINNs could reduce model complexity while preserving pricing accuracy. The work targeted workflows relevant to Citi's derivatives business.

OutlookPlausible

Within two years, Citi could begin piloting QPINN-based pricing models on OQC's superconducting hardware for internal risk analytics on complex derivatives, if the compression technique scales beyond the study's test cases.

algorithms softwaresuperconductingCitiNational Quantum Computing CentreOxford Quantum Circuits