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This paper outlines our point of view regarding the applicability, state of the art, and potential of quantum computing for problems in finance. We provide an introduction to quantum computing as well as a survey on problem classes in finance that are computationally challenging classically and for which quantum computing algorithms are promising. In the main part, we describe in detail quantum algorithms for specific applications arising in financial services, such as those involvingarXiv:2006.14510v2 fatcat:kvvlj3hjq5harkdnhf4u5imwuq