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arXiv: Bridging language models and financial analysis—survey of multimodal finance AI

Comprehensive survey of LLM applications in finance. Identifies critical gap: financial data is inherently multimodal (text earnings calls, tables, charts), but LLM adoption in BFSI lags. Paper maps techniques for processing heterogeneous data (text + tables + visuals) using transformers and multimodal models.

WHY IT MATTERS

Highlights adoption gap between frontier LLM capabilities and actual BFSI deployment. Many BFSI systems still treat financial documents as text-only. Roadmap for multimodal AI in underwriting, trading, and risk assessment—key competitive advantage for early movers.

Source: arXiv q-fin · 2026-05-21

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