FinRAG-QA is a new benchmark dataset for financial question answering, featuring 999 practitioner-curated questions on 10 standardised indicators drawn from 209 annual and Pillar 3 reports of 24 major European and U.S. banks between 2019 and 2023. The dataset focuses on cross‑institutional retrieval over documents averaging 198k words, making it longer than any existing financial QA resource. Experiments on a multi‑stage Retrieval‑Augmented Generation pipeline show that contextual chunk enrichment and a retrieval‑optimised embedding model significantly improve NDCG@10, while a reasoning‑optimised generator boosts answer accuracy from 44.6% to 79.0% when the correct document is retrieved.
By Arianna Miola, Bruno Spaccavento, Lorenzo Silotto, Marco Bianchetti, Luca Cagliero
arXiv:2602. 07294v4 Announce Type: replace-cross Abstract: With the increasing deployment of Large Language Models (LLMs) in the finance domain, LLMs are increasingly expected to parse complex regulatory disclosures.
By Yidong Jiang, Junrong Chen, Eftychia Makri, Jialin Chen, Peiwen Li, Ali Maatouk, Leandros Tassiulas, Eliot Brenner, Bing Xiang, Rex Ying
The IGT system tackles PolyFiQA Task 2 of the FinMMEval Lab, a multilingual financial QA challenge involving English SEC filings and news in five languages. It distinguishes two question families: numeric‑structured queries are answered via keyword extraction from filings, while synthesis queries use rule‑based passage selection from news. The approach yields a development ROUGE‑1 of ~0.395, a 60% boost over a generic RAG baseline, and places third among twelve teams on the official test set.
By Yuwen Chiu (Georgia Institute of Technology)
arXiv:2609.25192v1 Announce Type: new
Abstract: Financial search is a highly demanding task for LLM agents, requiring not only a correct final answer but also temporally valid information retrieval,...
By Wenqing Wang, Haitao Xiang, Xinyi Zhao, Mingming Yin, Ying Zhong, Zhaoxin Huan, Qiheng Zhou, Jin Zhu, Xiaolu Zhang, Shi Chang, Jun Zhou
arXiv:2608. 08634v1 Announce Type: new Abstract: Open-weight language models from Chinese AI labs caught up on benchmarks relative to proprietary frontier models in recent months.
By Jan Sp\"orer
arXiv:2608. 04374v1 Announce Type: cross Abstract: Large language models can produce fluent financial analysis, but fluency alone does not establish whether a report is suitable for institutional delivery.
By Yinghao Tang, Tan Zhenwei, Yiyao Wang, Wanli Gu, Xiaolu Zhang, Jun Zhou, Wei Chen
The paper challenges the common practice of estimating aleatoric uncertainty in large language models (LLMs) by generating multiple clarified inputs and comparing the resulting answers. It argues that answers are unnecessary, costly, and can introduce epistemic leakage, proposing instead a clarification-only method that directly assesses ambiguity from the space of plausible interpretations. Experiments on three benchmarks show the new approach improves AUROC, reduces computational cost, and yields uncertainty estimates less correlated with epistemic uncertainty.
By Omer Nahum, Niv Nayman, Jonathan Fhima, Alon Zolfi, Jeremy Levy, Shai Mazor, Paolo Favaro
arXiv:2607. 22841v1 Announce Type: cross Abstract: We present DS@GT's submission to FinMMEval 2026 Task 1, a multilingual financial exam question answering benchmark spanning English, Spanish, Greek, Chinese, and Hindi.
By Justice Ayela, Kabir Sahni
arXiv:2608. 07400v1 Announce Type: new Abstract: Financial question answering is typically evaluated by answer correctness, yet in SEC filings a plausible and even numerically correct answer can be grounded in the wrong evidence.
By Sasan Mansouri, Daniel Saad, Mark Wahrenburg, Manu Weissel, Fabian Woebbeking
arXiv:2608. 13706v1 Announce Type: cross Abstract: Existing defenses against hallucination in retrieval-augmented and multi-agent pipelines remain partial: evidence is trusted despite modality disagreement, debate verifies an aggregate report rather than individual claims, and such verification occurs only after drafting, leaving inter-agent errors undetected until the final text.
By Fatema Tuj Johora Faria, Mukaffi Bin Moin, Jubayer Al Mahmud, M. F. Mridha, Md. Alam Hossain
The paper presents a retrieval‑augmented generation pipeline for answering regulatory compliance questions in finance. It builds a three‑stage retriever on LegalBERT and a compact 2B–12B generator served with 4‑bit quantization, achieving a Recall@10 of 0.774 on the ObliQA benchmark and improving answer quality via RAFT‑LoRA fine‑tuning. However, the adapted models fail to transfer to Australian case‑law questions, and a closed‑book model performs almost as well while lacking verifiable grounding.
By Tobias Deu{\ss}er, Abhishek Pillai, Aurelio F. Bariviera, Dhananjay Bhardwaj, Lorenz Sparrenberg, David Berghaus, Christian Bauckhage, Rafet Sifa
arXiv:2608. 06108v1 Announce Type: new Abstract: Investment competence is inherently personalized: the same market evidence can justify different actions for investors with different goals, horizons, portfolios, and risk boundaries.
By Yuanhong Jiang, Jingjie Zou, Zhenghong Lin, Xusheng Yu, Qiqi Huang, Shuai Jia, Shijie Dai