Orientom, a developer of quantum financial technology led by CEO AlfredBang, presented its ongoing development of quantum algorithms for financial modelling at the Thailand Quantum Summit 2025, an international conference hosted by the Quantum Technology Research Initiative (QTRI) and sponsored by the Thailand Quantum Technology Research Initiative Consortium (QTRic), the Program Management Unit-B (PMU-B), and the National Higher Education, Science, Research, and Innovation Policy Board (NXPO). Jeong Ho Chu, Orientom’s Chief Financial Officer, detailed how the company’s algorithms address the computational demands of derivative pricing, specifically referencing the high-dimensional calculations inherent in methods such as Monte Carlo simulation and the Finite Difference Method applied to the Black-Scholes model.
The presentation posited that these quantum algorithms will facilitate real-time pricing and risk analysis of complex structured notes by accelerating computational speed, enabling more precise and rapid high-dimensional probability modelling crucial for accurate valuation, and representing a potential advancement in financial modelling capabilities. The company, comprising a team of approximately one hundred quantum experts within the QTRic consortium, intends to leverage the summit to foster collaboration and expand its presence within Thailand and the broader Asia-Pacific region.
Quantum Finance Expansion
The expansion of quantum computing into financial modelling, exemplified by Orientom’s activities and presentations at the Thailand Quantum Summit 2025, represents a significant, albeit nascent, development in computational finance. The summit, organised by the Quantum Technology Research Initiative (QTRI) and supported by entities including the Thailand Quantum Technology Research Initiative Consortium (QTRic) – comprising approximately one hundred quantum experts – served as a platform for showcasing advancements in the field and fostering collaboration between academic, industrial, and investment stakeholders. Orientom’s presentation detailed ongoing development of quantum finance algorithms, focusing on practical applications and the potential to reshape financial processes. This focus on algorithmic development is crucial, as the true power of quantum computing in finance lies not merely in hardware capabilities, but in the creation of algorithms specifically tailored to exploit quantum mechanical phenomena. A core challenge in modern financial modelling, particularly in derivatives pricing, is the computational intensity of techniques such as Monte Carlo simulation and the Finite Difference Method applied to the Black-Scholes model. Jeong Ho Chu, Chief Financial Officer of Orientom, correctly identifies that these methods, used for option price evaluation and risk analysis of complex structured notes, demand high-dimensional calculations.
More information
External Link: Click Here For More
