About Us
Description:
Banco Bilbao Vizcaya Argentaria (BBVA) is a multinational financial services group operating across retail, corporate, and investment banking sectors.
The company focuses on leveraging advanced digital technologies to deliver modern banking products and improve client experience globally.
BBVA's technological scope includes high-performance computing necessary for complex financial modeling and risk assessment.
Quantum computing is explored for dramatically accelerating computationally intensive problems like portfolio optimization and fraud detection algorithms.
The firm analyzes how quantum optimization methods can refine asset allocation strategies under volatile market conditions.
They are heavily invested in preparing for post-quantum security measures to safeguard customer data and future financial transactions.
Quantum machine learning applications are being studied to improve credit scoring models and detect intricate financial anomalies.
This necessitates the exploration of hybrid quantum-classical workflows for practical deployment on near-term quantum devices.
Recent context: BBVA has reported successful trials related to distributed quantum simulation in the cloud for computational finance applications.
The organization is strategically aligning its technological infrastructure to integrate quantum capabilities for competitive advantage in the future of finance.
Industry Tags: Financial Services, Banking, Quantum Optimization, Cybersecurity, Computational Finance, Technology Innovation
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Organisation name: BCO.BILBAO VIZCAYA ARGENTARIA