Pith. sign in

REVIEW 14 cited by

FinGPT: Democratizing Internet-scale Data for Financial Large Language Models

Not yet reviewed by Pith; the record is open.

This paper has not been read by Pith yet. Machine review is queued; the pith claim, tier, and objections will appear here once it completes.

SPECIMEN: schema-true, not a live event

T0 review · schema-true

One-sentence machine reading of the paper's core claim.

pith:XXXXXXXX · record.json · timestamp

arxiv 2307.10485 v2 pith:ZXZ66MMD submitted 2023-07-19 cs.CL cs.LGq-fin.GN

classification cs.CLcs.LGq-fin.GN
keywords financialdatafingptllmsfinllmstextdemocratizediverse
verification ladder T0 review T1 audit T2 compute T3 formal
0 comments
read the original abstract

Large language models (LLMs) have demonstrated remarkable proficiency in understanding and generating human-like texts, which may potentially revolutionize the finance industry. However, existing LLMs often fall short in the financial field, which is mainly attributed to the disparities between general text data and financial text data. Unfortunately, there is only a limited number of financial text datasets available, and BloombergGPT, the first financial LLM (FinLLM), is close-sourced (only the training logs were released). In light of this, we aim to democratize Internet-scale financial data for LLMs, which is an open challenge due to diverse data sources, low signal-to-noise ratio, and high time-validity. To address the challenges, we introduce an open-sourced and data-centric framework, Financial Generative Pre-trained Transformer (FinGPT), that automates the collection and curation of real-time financial data from 34 diverse sources on the Internet, providing researchers and practitioners with accessible and transparent resources to develop their FinLLMs. Additionally, we propose a simple yet effective strategy for fine-tuning FinLLM using the inherent feedback from the market, dubbed Reinforcement Learning with Stock Prices (RLSP). We also adopt the Low-rank Adaptation (LoRA, QLoRA) method that enables users to customize their own FinLLMs from general-purpose LLMs at a low cost. Finally, we showcase several FinGPT applications, including robo-advisor, sentiment analysis for algorithmic trading, and low-code development. FinGPT aims to democratize FinLLMs, stimulate innovation, and unlock new opportunities in open finance. The codes have been open-sourced.

Discussion (0). Continue with ORCID to comment.

Forward citations

Cited by 14 Pith papers

Reviewed papers in the Pith corpus that reference this work. Sorted by Pith novelty score. Full citation record

  1. FinSAgent: Corpus-Aligned Multi-Agent RAG Framework for Evidence-Grounded SEC Filing Question Answering

    cs.IR 2026-07 conditional novelty 6.0 of 10

    FinSAgent improves financial filing QA by conditioning sub-queries on a summary of the local corpus and gating semantic reranking with a learned validity signal, beating baseline systems on five benchmarks.

  2. AlphaForgeBench: Benchmarking End-to-End Trading Strategy Design with Large Language Models

    q-fin.TR 2026-02 conditional novelty 6.0 of 10

    LLMs are unreliable when asked to emit buy/sell/hold actions, so this paper benchmarks them as code-writing quantitative researchers whose generated strategies are backtested deterministically.

  3. F$^2$Agent: Financial Fusion of Agentic Intelligence for Multimodal Trading

    cs.MA 2026-08 reject novelty 5.0 of 10

    F2Agent, a hierarchy of specialized LLM and Transformer agents with adaptive cross-modal attention and consistency regularization, is reported to beat 16 trading baselines on six assets, though appendix results from a...

  4. LAARA: Layer-Aware Adaptive Rank Allocation for Parameter-Efficient Fine-Tuning

    cs.LG 2026-07 conditional novelty 5.0 of 10

    LAARA allocates LoRA ranks per layer from diagonal Fisher (gradient-based) estimates, reporting improved accuracy with fewer trainable parameters on GLUE and MathInstruct.

  5. MetaGraph: A Large-Scale Meta-Analysis of GenAI in Financial NLP (2022-2025)

    cs.CL 2025-09 unverdicted novelty 5.0 of 10

    Using LLM extraction on 681 papers, the authors build a public knowledge graph showing financial NLP moved from LLM adoption to limitation-aware, modular system design between 2022 and 2025.

  6. TRIDENT: Benchmarking LLM Safety in Finance, Medicine, and Law

    cs.CL 2025-07 conditional novelty 5.0 of 10

    Trident-Bench provides 2,652 professionally validated harmful prompts across finance, law, and medicine, and shows that domain-specialized LLMs often comply with unethical requests more than generalist models.

  7. ChiMed 2.0: Advancing Chinese Medical Dataset in Facilitating Large Language Modeling

    cs.CL 2025-07 conditional novelty 5.0 of 10

    ChiMed 2.0 is a 204.4M-character Chinese medical dataset spanning pretraining, SFT, and preference data that yields small gains on CMMLU and CEval medical subsets.

  8. PulseReddit: A Novel Reddit Dataset for Benchmarking MAS in High-Frequency Cryptocurrency Trading

    cs.CL 2025-06 reject novelty 5.0 of 10

    MAS traders using Reddit sentiment from PulseReddit beat traditional baselines in the reported bull-market backtests, but the gains are small, most runs lose money, and the evaluation has critical flaws.

  9. SciGPT: A Large Language Model for Scientific Literature Understanding and Knowledge Discovery

    cs.CL 2025-09 reject novelty 4.0 of 10

    SciGPT, a fine-tuned Qwen3 model for scientific literature, is reported to outperform GPT-4 on a new ScienceBench benchmark, but the evaluation is unreliable due to missing artifacts and contradictory numbers.

  10. Toward Edge General Intelligence with Agentic AI and Agentification: Concepts, Technologies, and Future Directions

    cs.NI 2025-08 conditional novelty 4.0 of 10

    A survey that organizes agentic AI for 6G edge networks into four pillars, compactness, efficiency, knowledge and reasoning, and migration, and illustrates them with prior case studies.

  11. Collaborative Editable Model

    cs.AI 2025-06 reject novelty 4.0 of 10

    CoEM scores user-contributed knowledge fragments using user ratings and LLM attribution, keeps the high scorers in a prompt-level knowledge pool, and reports 76% agreement with FinGPT on fragment value.

  12. AFLoRA: Adaptive Federated Fine-Tuning of Large Language Models with Resource-Aware Low-Rank Adaption

    cs.LG 2025-05 conditional novelty 4.0 of 10

    AFLoRA prunes low-rank adapter dimensions per client, trains only the client-specific part locally and the shared part on the server, and aggregates heterogeneous updates by zero-padding and rank-aware weighting.

  13. Assessing the Capabilities and Limitations of FinGPT Model in Financial NLP Applications

    cs.CL 2025-07 reject novelty 3.0 of 10

    FinGPT matches GPT-4 on financial sentiment and headline classification, lags on QA and NER, and shows a bullish bias in stock movement prediction.

  14. Domain Specific Benchmarks for Evaluating Multimodal Large Language Models

    cs.LG 2025-06 conditional novelty 3.0 of 10

    A review paper that organizes domain-specific MLLM benchmarks into an eight-discipline taxonomy, with summary tables and performance highlights.

Pith tools