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HSBC

Investor · London

HSBC tests quantum computing on trading and pricing problems and quantum key distribution on its own networks. It was the first bank on the BT and Toshiba quantum-secured metro network in London, and in December 2023 used it to protect a €30m euro-dollar trade on its AI Markets terminal over 63km of fibre to its Slough data centre. With IBM it reported in September 2025 that a hybrid quantum-classical model improved bond fill-rate predictions by up to 34% in back-tests on Heron processors. It is also a partner in the BT-led QAssure project.

HSBC, based in London, is an investor whose work covers quantum finance, algorithms and simulation; it was founded in 1865. It is a partner in 2 UK projects: London Quantum-Secured Metro Network and QAssure.

Sources: HSBC pioneers quantum protection for AI-powered FX trading | HSBC · HSBC becomes first bank to join the UK's commercial quantum secure metro network | Toshiba · HSBC demonstrates quantum-enabled algorithmic trading with IBM | The Quantum Insider · QAssure | UKRI Gateway to Research

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Profile last checked 2 October 2026

Projects (2)

Partner in (2)

  • Active Collaboration · 2022 onwards

    London Quantum-Secured Metro Network

    A commercial trial of a quantum-secured fibre network in London, run by BT with quantum key distribution equipment from Toshiba.

    Role: Partner

    Themes: Communications, Networks

  • Completed Consortium · 2024 to 2026

    QAssure

    A BT-led consortium developing ways to assure the security and reliability of quantum key distribution systems.

    Role: Partner

    Themes: Communications, Networks

Partnerships (2)

Research, commercial and investment relationships, by year. Partners with a profile here are linked.

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Company data from Entangled Future. Last checked 2 October 2026.

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