PERTH, Australia, MARCH 24, 2026 -- Global Finance & Technology Network (GFTN), The University of Western Australia's Quantum Information, Simulation and Algorithms (QUISA) research group, and ST Engineering today announced a strategic partnership to jointly advance Q-FINEX, a quantum-enabled financial infrastructure initiative designed to accelerate the financial sector's readiness for the quantum era.

Unveiled at the Black Swan Summit Australia 2026 in Perth, Q-FINEX represents a significant milestone in translating quantum computing from scientific promise into real-world financial applications. The initiative is designed as a dedicated Quantum Finance Industry Experimentation testbed, bringing together three critical enablers: specialised research capability, a global network facilitating the gathering of use cases and an ecosystem, and a proven implementation partner.

"These elements work together to bridge the gap between research, real-world use cases, and implementation pathways," said Sopnendu Mohanty, Group CEO of GFTN, adding, "This collaboration is strengthened by ST Engineering, our global implementation partner that will help translate the test of experiments to real world implementations in the financial industry and contributing crucial domain expertise."

Through this collaboration, GFTN and ST Engineering will bridge the gap between quantum research and practical deployment, enabling financial institutions to experiment, validate and implement quantum-enabled solutions in a structured, real-world environment. The partnership combines GFTN's global network of central banks, financial institutions, regulators and fintech innovators with ST Engineering's deep expertise in secure digital infrastructure, cybersecurity and advanced technologies. GFTN will facilitate engagement with ecosystem partners to identify and develop real-world financial use cases, where ST Engineering's capabilities can be applied, accelerating pathways to adoption and deployment of quantum-safe solutions.

Said Tan Bin Ru, President of Enterprise Digital at ST Engineering, "Quantum is not only about chasing the future; it is also about preparing for it. Our innovations and expertise in delivering secured, mission-critical systems empower us to partner with financial institutions as they transition to achieve quantum resilience."