arXiv AI

FinRAG-12B: A Production-Validated Recipe for Grounded Question Answering in Banking

arXiv:2605. 05482v2 Announce Type: replace Abstract: Large language models (LLMs) are rapidly being adopted across various domains.

arXiv AI
Sep 25

Automated Regulatory Compliance Question Answering in Financial Services with Domain-Adapted Retrieval-Augmented Generation

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 AI
Sep 18

QVAC Genesis III: A Large-Scale, High-Quality Open Synthetic STEM Corpus for Efficient Language Model Pre-Training

QVAC Genesis III is a 191.43 B‑token synthetic STEM corpus covering 19 domains and multiple difficulty levels, created through a dual generation strategy that uses a weak edge‑scale student model to generate corrective explanations and contrastive reasoning. The authors evaluate the corpus with an LLM‑as‑a‑parser protocol and demonstrate that 1.7 B‑parameter models trained on QVAC Genesis III outperform those trained on Cosmopedia‑v2 and the Cosmo‑1B model on ARC, GPQA Diamond, and MMLU STEM benchmarks, achieving up to +28.57% improvement on ARC‑E and a 99.45% valid answer rate.

By Davide Vitabile, N. Ranjan, Akshay Nambiar, Kamal K. Gupta, Amril Nazir
arXiv Computation and Language
Sep 10

Data-Centric Post-Training for Financial Reasoning: Mining, Distillation, and Verifiable Learning

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 Machine Learning
Jun 5

Domain-Adapted Small Language Models with Hybrid Post-Processing: Achieving Cost-Efficient, Low-Latency Multi-Label Structured Prediction via LoRA Fine-Tuning on Scarce Data

arXiv:2606. 05781v1 Announce Type: new Abstract: Deploying frontier large language models (LLMs) for domain-specific structured evaluation tasks often incurs substantial latency, cost, and data privacy overhead.

By Srinivasan Manoharan, Dilipkumar Nallusamy, Sachin Kumar, Haifeng Wu
arXiv AI
Sep 4

Enhancing Financial Question Answering: A Novel Benchmark Dataset of Banks' financial statements

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 AI
Sep 10

AtomCite: Verification and Correction of Supplied Page-Level Citations in Multi-Page Documents

AtomCite is an agentic framework that verifies and corrects page‑level citations in multi‑page documents by parsing answers into claims, checking each claim against the cited page image, and applying a deterministic repair policy. The authors introduce DocCite, the first benchmark for this task, built on MP‑DocVQA and DUDE, containing 928 injected instances and 1,909 verified natural errors. Across Gemini, Claude, and GPT models, AtomCite achieves about 93% verification accuracy and improves citation precision from 34% to 87‑90%, while also enhancing hallucination detection in open‑source models.

By Chen Qian, Yimeng Wang, Yu Chen, Lingfei Wu, Andreas Stathopoulos