The paper provides an integrated literature review of recent scientific publications on quantum computing in finance and identifies promising directions for future research on the subject. The review covers seven thematic areas: portfolio optimization, derivative pricing and stochastic volatility, quantum machine learning for fraud detection and credit risk, insurance and actuarial science, mixed-frequency econometrics, fuzzy-quantum approaches for financial explainability, and security of cryptocurrencies. The paper compiles the essential quantum computational methods proposed in the literature, outlines their economic significance and the existing constraints for empirical testing and implementation, and discusses cross-cutting issues of explainability, trustworthy AI, robustness, and governance that arise across these application domains. Drawing on this review, the paper identifies five macro-gaps in the existing literature and proposes seven concrete directions for future research, grounded in European financial data and currently available quantum computing infrastructure. A special focus throughout is the increasingly available quantum infrastructure in Europe and the regulatory emphasis on trustworthy artificial intelligence, both of which create timely opportunities for future applications in financial modelling, risk management, and explainable financial AI.

Quantum computing in finance: a literature review and future directions for trustworthy financial AI / Muzzioli, S., Raheem, F., Ferrara, M., Giudici, P., Siciliano, R.. - In: FRONTIERS IN ARTIFICIAL INTELLIGENCE. - ISSN 2624-8212. - 9:(2026), pp. 1-15. [10.3389/frai.2026.1929828]

Quantum computing in finance: a literature review and future directions for trustworthy financial AI

Ferrara, Massimiliano
Conceptualization
;
2026-01-01

Abstract

The paper provides an integrated literature review of recent scientific publications on quantum computing in finance and identifies promising directions for future research on the subject. The review covers seven thematic areas: portfolio optimization, derivative pricing and stochastic volatility, quantum machine learning for fraud detection and credit risk, insurance and actuarial science, mixed-frequency econometrics, fuzzy-quantum approaches for financial explainability, and security of cryptocurrencies. The paper compiles the essential quantum computational methods proposed in the literature, outlines their economic significance and the existing constraints for empirical testing and implementation, and discusses cross-cutting issues of explainability, trustworthy AI, robustness, and governance that arise across these application domains. Drawing on this review, the paper identifies five macro-gaps in the existing literature and proposes seven concrete directions for future research, grounded in European financial data and currently available quantum computing infrastructure. A special focus throughout is the increasingly available quantum infrastructure in Europe and the regulatory emphasis on trustworthy artificial intelligence, both of which create timely opportunities for future applications in financial modelling, risk management, and explainable financial AI.
2026
applied finance, fuzzy logic, portfolio optimization, quantum computing, safe AI
File in questo prodotto:
File Dimensione Formato  
Ferrara_2026_Front. Artif. Intell._Quantum computing_editor.pdf

accesso aperto

Descrizione: REVIEW article
Tipologia: Versione Editoriale (PDF)
Licenza: Creative commons
Dimensione 426.8 kB
Formato Adobe PDF
426.8 kB Adobe PDF Visualizza/Apri

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/20.500.12318/170629
Citazioni
  • ???jsp.display-item.citation.pmc??? ND
  • Scopus ND
  • ???jsp.display-item.citation.isi??? ND
social impact