ASDA (Automated Skill Distillation and Adaptation) is a framework that improves large language models on financial reasoning tasks without fine‑tuning. It works by having a teacher model analyze a student’s failures, cluster errors, and generate structured skill artifacts—reasoning procedures, code templates, and worked examples—that are injected during inference. On the FAMMA benchmark, ASDA boosts arithmetic reasoning by up to 17.33% and non‑arithmetic reasoning by 5.95%, outperforming existing training‑free methods.
By Tik Yu Yim, Wenting Tan, Sum Yee Chan, Tak-Wah Lam, Siu Ming Yiu
The paper introduces a data‑centric pipeline for post‑training language models on financial reasoning tasks. It mines open‑source reasoning traces, distills financial instruction data, and generates knowledge‑graph‑guided question‑answer pairs, then filters examples with lightweight classifiers and applies reinforcement learning with rule‑based verifiers. Experiments on FINESSE‑Bench show that retention‑aware adaptation—self‑distilled fine‑tuning and model merging—outperforms ordinary supervised fine‑tuning, improving accuracy by up to 3.0 points and avoiding regressions.
By Zhirayr Hayrapetyan, Andrei Kalmykov, Denis Kokosinskii, Dmitry Stanishevskii, Dmitry Zmitrovich
arXiv:2605. 05409v2 Announce Type: replace Abstract: Financial document question answering (QA) demands complex multi-step numerical reasoning over heterogeneous evidence--structured tables, textual narratives, and footnotes--scattered across corporate filings.
By Yang Shu, Yingmin Liu, Zequn Xie
arXiv:2604. 10015v3 Announce Type: replace Abstract: Recent studies demonstrate that tool-calling capability enables large language models (LLMs) to interact with external environments for long-horizon financial tasks.
By Yupeng Cao, Haohang Li, Weijin Liu, Wenbo Cao, Anke Xu, Lingfei Qian, Xueqing Peng, Minxue Tang, Zhiyuan Yao, Jimin Huang, K. P. Subbalakshmi, Zining Zhu, Jordan W. Suchow, Yangyang Yu
arXiv:2606. 23238v2 Announce Type: replace Abstract: Logical reasoning is essential for reliable AI, yet existing benchmarks are largely first-order-logic-centric, focusing on object-level deduction over fixed predicates.
By Yucheng Wu, Jundong Xu, Mingzhen Ju, Yue Yu, Chenpeng Wang, Haoxuan Li, Liangming Pan
arXiv:2605. 03460v3 Announce Type: replace Abstract: Time series (TS) reasoning models (TSRMs) have shown promising capabilities in general domains, yet they consistently fail in the financial domain, which exhibits unique characteristics.
By Seunghan Lee, Jun Seo, Jaehoon Lee, Sungdong Yoo, Minjae Kim, Tae Yoon Lim, Dongwan Kang, Hwanil Choi, Soonyoung Lee, Wonbin Ahn
The paper introduces the Hierarchical Semantic Distillation Network (HSDN), a method for compressing chain-of-thought reasoning in financial contexts while maintaining accuracy and logical coherence. HSDN uses semantic segmentation, dependency graph construction, dual encoder importance scoring, constrained segment selection, and local boundary rewriting to reduce the length of intermediate reasoning traces. Evaluated on the AFAC2025 benchmark, HSDN achieves 91.0% accuracy with a 68.4% compression rate, outperforming strong baselines in overall score and reasoning coherence.
By Wenjun Wu, Lei Fu, Kejian Tong, Tao Ning, Sichen Zhao
arXiv:2509. 03059v2 Announce Type: replace-cross Abstract: Recent advances in Large Language Models (LLMs) have shown that their reasoning capabilities can be significantly improved through Reinforcement Learning with Verifiable Reward (RLVR), particularly in domains like mathematics and programming, where ground-truth correctness can be automatically evaluated.
By Xingyue Huang, Rishabh, Gregor Franke, Ziyi Yang, Jiamu Bai, Weijie Bai, Jinhe Bi, Zifeng Ding, Yiqun Duan, Chengyu Fan, Wendong Fan, Xin Gao, Ruohao Guo, Yuan He, Zhuangzhuang He, Xianglong Hu, Neil Johnson, Bowen Li, Fangru Lin, Siyu Lin, Tong Liu, Yunpu Ma, Hao Shen, Hao Sun, Beibei Wang, Fangyijie Wang, Hao Wang, Haoran Wang, Yang Wang, Yifeng Wang, Zhaowei Wang, Ziyang Wang, Yifan Wu, Zikai Xiao, Chengxing Xie, Fan Yang, Junxiao Yang, Qianshuo Ye, Ziyu Ye, Guangtao Zeng, Yuwen Ebony Zhang, Zeyu Zhang, Zihao Zhu, Bernard Ghanem, Philip Torr, Guohao Li
arXiv:2603. 19225v3 Announce Type: replace-cross Abstract: Real-world financial decision-making is a challenging problem that requires reasoning over heterogeneous signals, including company fundamentals derived from regulatory filings and trading signals computed from price dynamics.
By Yogesh Agrawal, Aniruddha Dutta, Md Mahadi Hasan, Santu Karmaker, Aritra Dutta
arXiv:2607. 11266v1 Announce Type: new Abstract: Chain-of-Thought (CoT) prompting has significantly advanced the reasoning capabilities of Large Language Models (LLMs), yet it often incurs substantial computational costs due to over-reasoning: the generation of redundant, verbose, or irrelevant steps.
By Daeyeop Lee, Hwanjo Yu
CIFQA is a deterministic, tool‑grounded multi‑agent framework that separates language understanding from numerical execution for financial question answering. It assigns specialized agents for interpretation, routing, parameter extraction, computation planning, and response generation, while deterministic Python tools perform the calculations. On a fixed‑deposit benchmark, CIFQA achieves 95.54% accuracy on calculation‑intensive queries and 90.87% overall, outperforming larger LLM baselines and showing that architecture, not scale, drives numerical reliability.
By Kunjesh Parekh, Anil Kumar Tiwari, Divya Saxena
LiveMathematicianBench is a dynamic multiple‑choice benchmark for research‑level mathematical reasoning, built from recent arXiv papers published after model training cutoffs. It introduces a thirteen‑category logical taxonomy of theorem types and uses a proof‑sketch‑guided distractor pipeline to create plausible but invalid answer choices, enhancing sensitivity to genuine reasoning. Evaluation shows current large language models perform poorly, with the best model scoring 43.5% overall and only 17.6% under substitution‑resistant conditions, indicating the benchmark’s difficulty and realism.
By Linyang He, Qiyao Yu, Hanze Dong, Baohao Liao, Xinxing Xu, Micah Goldblum, Jiang Bian, Nima Mesgarani