New Delhi, July 22 -- JPMorgan Chase & Co., an American multinational finance corporation headquartered in New York, replaced its advanced research team focused on quantum computing.

The US-headquartered banking giant hired Rob Otter to lead its Global Technology Applied Research (GTAR) group. JPMorgan's GTAR group is a dedicated team to dive into cutting-edge technologies that can be implemented to solve real-world challenges. GTAR group was established to tackle the security challenges in industries including banking, payments, risk management, and communications.

Rob Otter is currently leading State Street's global as head of digital technology and quantum computing. Now, Otter will take the position from Marco Pistoia (veteran IBM t...