arXiv Computation and Language By Junjie Xiong, Shawheen Ghezavat, Aum Hirpara

Towards Expert Financial QA via Self-Improving RAG

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The paper introduces Self-Improving Retrieval-Augmented Generation (RAG), a framework that splits document question answering into Retrieval, Reasoning, and Judge agents coordinated by an orchestrator. When the Judge scores an answer below a dynamic threshold, the system retries with broader retrieval, more careful prompting, and relaxed acceptance criteria, achieving 86% oracle-guided accuracy on FinanceBench with a 36.4% Lazarus Rate. The approach logs every decision with confidence scores, providing audit trails needed for regulated financial applications.

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