SC Ventures, the innovation arm at Standard Charreed, has held a partnership with Fujitsu to launch Project Quanta, a new initiative aimed at speeding up the adoption of quantum computing in financial services and abroad.
The joint project will combine the expertise of tools and advanced software from Fujitsu with the SC Ventures experience in buildings and project expansion.
Companies are planned together to create a platform that enables companies to explore, develop and integrate quantum applications inspired by quantum.
Fujitsu currently works with Riken to develop a 1,000 -length -long -length -long -term computers in the fiscal year 2026, with ambitions to expand more than 10,000 Qubits material by 2030.
The project is expected to benefit from these developments to create solutions initially that focused on detecting fraud, risk simulation, derivative pricing, algorithm trade, and credit decisions, with a scope for expanding in other sectors.
APurv Suri, the participation of the customer and partnerships in SC Ventures, said that the industry has been seized, as companies excel in the tools or algorithms. He said: “By joining Fujitsu, we want to open quantum resources and talents on one platform for companies looking to expand their quantum capabilities.”
Stafford Bond, head of growth investments at Fujitsu UK, described the partnership as “a bold step towards democratic character’s access to quantum capabilities”, while highlighting its capabilities to provide the transformative value through innovation and integration.