McKinsey Quantum Technology Monitor 2026: A commercial tipping point
McKinsey & Company · Read the story
2026
Goldman, JPMorgan Show Wall Street's Split in Quantum Computing Race
Roughly three years ago, Goldman Sachs Group Inc. looked like it had an edge in Wall Street’s race to master quantum computing. The banking giant had assembled a handful of highly specialized scientists and partnered with Amazon.com to figure out how the nascent technology could be used to juice better returns for its raft of wealthy clients. They were shocked by what they found.
Davos, The Taylor Swift Way: Quantum, AI Bosses, JPMorgan On Ethereum
Davos 2026 decoded Taylor Swift style: JPMorgan live on Ethereum, quantum risk for blockchains, Gen Z wanting AI bosses, and why my Swiftie daughter finally cared.
2025
Podcast with Steve Suarez, Founder and CEO of HorizonX
Steve Suarez sees innovation as a way to expand opportunities and knowledge for everyone. He has spent his career helping individuals develop new skillsets and companies roll out new technology. Now he’s turning his expertise to quantum by consulting with HorizonX clients, teaching an MIT Pro course and serving as a senior advisor with McKinsey & Company. On this episode of The Quantum Spin by HKA, Steve and host Veronica Combs discuss balancing short-term improvements with plans for future business strategies shaped by quantum tech. Get a discount code for all MIT Pro classes here: Learning Hub | HorizonX Corporation. The HORIZONX discount code is valid through the end of 2025.
New Quantum Index Monitors Progress in Life-Sciences Demand for Quantum Tools
The Quantum Insider and HorizonX Consulting have launched the Quantum Innovation Index – Life Sciences, ranking life-sciences organizations.
Quantum utility will be achieved within a decade according to professionals
According to the study, which surveyed quantum professionals across the UK, Europe, North America and Asia, a huge 83% think quantum utility – when quantum computers will overcome hardware and error correction challenges to perform better than classical computers – will be realised within ten years or fewer. Steve Suarez, Chief Executive Officer at HorizonX Consulting, a sponsor of Commercialising Quantum Global, added: “The time to embrace quantum is now. Be the organisation that leads the future, not the one left chasing it.”
From Banking to Quantum, Steve's Suarez Journey
Welcome to the latest episode of the G&T Sessions podcast, it was a pleasure to have Steve Suarez, Founder & CEO of HorizonX Consulting on the show, who has recently moved to Dubai to focus on quantum consulting and entrepreneurship. We discuss Steve's transition from HSBC to starting his own company, Horizon X, and the exciting opportunities in the UAE for technology and innovation. The conversation delves into the potential of quantum technology, its comparison to classical computing, and the future intersection of AI and quantum advancements. In this conversation, Steve Suarez discusses the transformative potential of quantum computing, its applications in optimisation and machine learning, and the cultural nuances of doing business in the Middle East. He shares personal experiences from his entrepreneurial journey, emphasising the importance of resilience and adaptability in the face of challenges. The discussion also touches on the significance of continuous learning and the need to embrace frustration as a catalyst for change. Steve Suarez, founder and CEO of HorizonX Consulting, boasts a distinguished innovation and transformative leadership career. He is also currently an External Advisor to Bain & Company, and with prior experienceas Global Head of Innovation, Global Functions at HSBC, Steve's fervour for cutting-edge solutions led to the creation of HorizonX Consulting. His dynamic leadership is reshaping how businesses approach innovation, offering strategic insights and growth-oriented methodologies.
2024
What is quantum safe?
Work towards quantum safe is spreading worldwide, but will it be enough to meet the predicted 2030 deadline?
‘La computación tradicional va a seguir existiendo y la cuántica no va a remplazarla’
Esta tecnología podría examinar con mayor precisión algunos fenómenos como el cambio climático.
2023
Hoptroff livestreams GNSS vulnerabilities roundtable
How Singapore took the lead in Generative AI
GenAI is a “defining moment” for the financial sector, DBS says. How can the financial sector stay ahead of the curve?
HSBC and Terra Quantum Explore Real-World Applications of Hybrid Quantum Technologies in Financial Services
Terra Quantum and HSBC will collaborate on using hybrid quantum technology for business optimization challenges.
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Hoptroff Welcomes Former HSBC Head of Innovation to Board
The Solution is Empathy, Steve Suarez talks Design Thinking
Technology changes quickly, but organizations change much more slowly, Design Thinking and MIT Sloan School of Management
We talk to Steve Suarez, Global Head of Innovation, Global Functions at HSBC and a visionary leader and expert in the fields of metaverse, quantum computing and finance.
2022
TQI Exclusive: Quantum Advantage, IP & Fighting The Sceptics in The Corporate World
HSBC to give thousands of staff fintech training
Thousands of HSBC staff will receive training in fintech technologies through a course developed with Saïd Business School.
Report from Money20/20: Fintech companies have questions about the future of the metaverse
Fintech companies at Money20/20 Europe say the future of the metaverse is difficult to predict.
HSBC ‘optimistic’ about the metaverse at Money 2020
HSBC’s Global Head of Innovation, Steve Suarez, appeared on a panel at Money 2020 to discuss the economy of the metaverse.
Future of Banking
Building a Culture of Innovation in the Workplace
A culture of innovation is an environment supporting creative thinking and experimentation to improve products, services, or processes.
Classiq raises additional funding for its quantum algorithm design tools
Tel Aviv-based Classiq, a startup that wants to make it easier for developers to build quantum algorithms and apps, announced it has raised additional funding.
HSBC starts three-year quantum experiment journey
The UK bank has teamed up with IBM on quantum computing use case experiments in financial services. Liz Lumley reports.
Barclays (and others) strive for machine learning at quantum speed
Embryonic work on quantum neural networks raises hope of faster, more accurate models
Financial Firms Seek Edge in Algorithms Inspired by Quantum Computing
Metaverse & Fintech takes centre stage at Money 20/20 Europe
Data driven innovation in finance
U.K. fintech experts on regulation, quantum and the metaverse
2021
HSBC: Embracing the cloud to lower risk exposure through rapid insight and analysis capabilities
Spurred by an enthusiastic commitment to innovation, HSBC has broken new ground with a powerful credit risk solution on Google Cloud, slashing hours from its “what-if” scenario modeling in the fixed-income business and opening the door to a wealth of future possibilities.
Becoming an unlikely change agent for innovation in financial services (4 of 4)
Inteligencia artificial: “cosas que parecían tan voladas, hoy están en nuestra vida diaria”
Becoming an unlikely change agent for innovation in financial services (3 of 4)
HSBC taps Google Cloud for call centre AI
Working with the customer engineering team at Google Cloud, HSBC built Operational Resilience and Risk Application (ORRA), a FAQ and document search-enabled chatbot. The bot performs dynamic document search and powers natural conversations with Google Cloud Dialogflow, part of the Google Cloud contact centre AI. ORRA is accessible to all employees from the HSBC intranet and answers queries on internal policy and framework areas applicable across the bank. Google says that Dialogflow offers a cost efficient, feature-rich solution for large scale conversational FAQ flow. HSBC created the initial knowledge base consisting of intents, utterances, and answers and used the bulk upload function to load it into the Dialogflow console.
HSBC and Google Cloud execs detail the bank’s roll out of a chatbot that helps its 200,000-plus employees handle regulatory questions
HSBC and Google Cloud are teaming up to roll out a chatbot for bank employees to ask regulatory questions about the 64 markets it operates in.
HSBC deploys Dialogflow, easing call burden on policy experts
HSBC uses AI and machine learning to reduce the time employees spend on manually intensive queries and improve the consistency of policy response.
Becoming an unlikely change agent for innovation in financial services (2 of 4)
Becoming an unlikely change agent for innovation in financial services (1 of 4)
Human Centric Design for Finance
Delighted to be invited along with Harold Hambrose - Chief Design Officer at ZENDA, LLC to contribute to KPMG’s Banking Finance Function Benchmarking 2020 Industry Report. Thank you to Aris K. and Rakhi Patel for facilitating.
HSBC: Embracing the cloud to lower risk exposure through rapid insight and analysis capabilities
2020
Innovation in Risk 2020 with HSBC & Google Cloud
Innovation in Risk 2020 with HSBC and Google Cloud How we evaluate and mitigate risk is continually evolving. Hear how global leaders HSBC and Google Cloud work together to have an innovative approach to risk, from how they skill up their people to how they're taking advantage of automation. How we evaluate and mitigate risk is continually evolving and always challenging. Hear how global leaders HSBC and Google Cloud work together to have an innovative approach to risk, from how they skill up their people to how they're taking advantage of automation. Join HSBC's Steve Suarez, Global Head of Risk Transformation & Innovation, and Gareth Butler, Head of Risk Transformation ASP, as they speak with Google Cloud's Carl Tanner, EMEA Training Business Manager, to get the inside scoop on how they're partnering to drive risk innovation at HSBC.
HSBC executive puts his MIT Sloan “ACE” to work
Steve Suarez is Global Head of Innovation, Finance & Risk at HSBC, where he brings more than 27 years of consulting, telecommunications, and financial services expertise to his role. As leader of the Global Risk Innovation team, he works to foster and embed a culture of innovation, equipping the bank with the skills to face the future in a rapidly changing landscape. As any great innovator does, he looks both inside and outside his place of work for transformative ideas that can be scaled, and MIT is one of his sources of inspiration. Steve’s journey with MIT began with the Industrial Liaison Program (ILP), a membership program in which leading companies partner with MIT researchers to monitor potentially disruptive technologies, leverage innovation from MIT-connected startups, solve technical problems, and more.
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