Implementing Credit Risk Analysis with Quantum Singular Value Transformation

Fuente: arXiv
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Main Authors: Veronelli, Davide, Cibrario, Francesca, Dri, Emanuele, Zaffaroni, Valeria, Ranieri, Giacomo, Corbelletto, Davide, Montrucchio, Bartolomeo
Format: Preprint
Published: 2025
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author Veronelli, Davide
Cibrario, Francesca
Dri, Emanuele
Zaffaroni, Valeria
Ranieri, Giacomo
Corbelletto, Davide
Montrucchio, Bartolomeo
author_facet Veronelli, Davide
Cibrario, Francesca
Dri, Emanuele
Zaffaroni, Valeria
Ranieri, Giacomo
Corbelletto, Davide
Montrucchio, Bartolomeo
contents The analysis of credit risk is crucial for the efficient operation of financial institutions. Quantum Amplitude Estimation (QAE) offers the potential for a quadratic speed-up over classical methods used to estimate metrics such as Value at Risk (VaR) and Conditional Value at Risk (CVaR). However, numerous limitations remain in efficiently scaling the implementation of quantum circuits that solve these estimation problems. One of the main challenges is the use of costly and restrictive arithmetic that must be implemented within the quantum circuit. In this paper, we propose using Quantum Singular Value Transformation (QSVT) to significantly reduce the cost of implementing the state preparation operator, which underlies QAE for credit risk analysis. We also present an end-to-end code implementation and the results of a simulation study to validate the proposed approach and demonstrate its benefits.
format Preprint
id arxiv_https___arxiv_org_abs_2507_19206
institution arXiv
publishDate 2025
record_format arxiv
spellingShingle Implementing Credit Risk Analysis with Quantum Singular Value Transformation
Veronelli, Davide
Cibrario, Francesca
Dri, Emanuele
Zaffaroni, Valeria
Ranieri, Giacomo
Corbelletto, Davide
Montrucchio, Bartolomeo
Quantum Physics
Emerging Technologies
Risk Management
The analysis of credit risk is crucial for the efficient operation of financial institutions. Quantum Amplitude Estimation (QAE) offers the potential for a quadratic speed-up over classical methods used to estimate metrics such as Value at Risk (VaR) and Conditional Value at Risk (CVaR). However, numerous limitations remain in efficiently scaling the implementation of quantum circuits that solve these estimation problems. One of the main challenges is the use of costly and restrictive arithmetic that must be implemented within the quantum circuit. In this paper, we propose using Quantum Singular Value Transformation (QSVT) to significantly reduce the cost of implementing the state preparation operator, which underlies QAE for credit risk analysis. We also present an end-to-end code implementation and the results of a simulation study to validate the proposed approach and demonstrate its benefits.
title Implementing Credit Risk Analysis with Quantum Singular Value Transformation
topic Quantum Physics
Emerging Technologies
Risk Management
url https://arxiv.org/abs/2507.19206