Research Article

Quantum Technology in the Financial Sector: Econometric Analyses and Risk Management to Mitigate the Quantum Winter

Volume: 13 Number: 2 April 22, 2024
TR EN

Quantum Technology in the Financial Sector: Econometric Analyses and Risk Management to Mitigate the Quantum Winter

Abstract

In today's rapidly evolving financial landscape, methods as econometric modeling, predictive analysis, and risk analysis are becoming increasingly important. These methods offer critical tools for understanding and managing the potential of quantum technology in the financial sector. Quantum technology can achieve fast and precise results in data analysis, risk management, portfolio optimization, and market forecasting. However, to realize these possibilities, we need to overcome technical challenges as well as financial and strategic barriers. This paper discusses scientific awareness and proposed solutions to 'Quantum Winter' especially in the financial sector. Mitigating the risk of a 'Quantum Winter' is possible through steps such as building strategic partnerships, conducting risk analysis, developing specialized capabilities, securing government support, and establishing appropriate regulations. Econometric modeling, predictive analysis, and risk analysis are indispensable tools to understand the potential of quantum technology in the financial sector and to achieve sustainable success.

Keywords

Ethical Statement

During the writing process of the study “Quantum Technology in the Financial Sector: Econometric Analyses and Risk Management to Mitigate the Quantum Winter” scientific rules, ethical and citation rules were followed. No falsification was made on the collected data and this study was not sent to any other academic publication medium for evaluation.

References

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Details

Primary Language

English

Subjects

Time-Series Analysis, Econometrics (Other)

Journal Section

Research Article

Publication Date

April 22, 2024

Submission Date

August 19, 2023

Acceptance Date

December 8, 2023

Published in Issue

Year 2024 Volume: 13 Number: 2

APA
Fırat, E. H. (2024). Quantum Technology in the Financial Sector: Econometric Analyses and Risk Management to Mitigate the Quantum Winter. MANAS Sosyal Araştırmalar Dergisi, 13(2), 477-489. https://doi.org/10.33206/mjss.1346041
AMA
1.Fırat EH. Quantum Technology in the Financial Sector: Econometric Analyses and Risk Management to Mitigate the Quantum Winter. MJSS. 2024;13(2):477-489. doi:10.33206/mjss.1346041
Chicago
Fırat, Emrah Hanifi. 2024. “Quantum Technology in the Financial Sector: Econometric Analyses and Risk Management to Mitigate the Quantum Winter”. MANAS Sosyal Araştırmalar Dergisi 13 (2): 477-89. https://doi.org/10.33206/mjss.1346041.
EndNote
Fırat EH (April 1, 2024) Quantum Technology in the Financial Sector: Econometric Analyses and Risk Management to Mitigate the Quantum Winter. MANAS Sosyal Araştırmalar Dergisi 13 2 477–489.
IEEE
[1]E. H. Fırat, “Quantum Technology in the Financial Sector: Econometric Analyses and Risk Management to Mitigate the Quantum Winter”, MJSS, vol. 13, no. 2, pp. 477–489, Apr. 2024, doi: 10.33206/mjss.1346041.
ISNAD
Fırat, Emrah Hanifi. “Quantum Technology in the Financial Sector: Econometric Analyses and Risk Management to Mitigate the Quantum Winter”. MANAS Sosyal Araştırmalar Dergisi 13/2 (April 1, 2024): 477-489. https://doi.org/10.33206/mjss.1346041.
JAMA
1.Fırat EH. Quantum Technology in the Financial Sector: Econometric Analyses and Risk Management to Mitigate the Quantum Winter. MJSS. 2024;13:477–489.
MLA
Fırat, Emrah Hanifi. “Quantum Technology in the Financial Sector: Econometric Analyses and Risk Management to Mitigate the Quantum Winter”. MANAS Sosyal Araştırmalar Dergisi, vol. 13, no. 2, Apr. 2024, pp. 477-89, doi:10.33206/mjss.1346041.
Vancouver
1.Emrah Hanifi Fırat. Quantum Technology in the Financial Sector: Econometric Analyses and Risk Management to Mitigate the Quantum Winter. MJSS. 2024 Apr. 1;13(2):477-89. doi:10.33206/mjss.1346041

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