Demystifying Domain-adaptive Post-training for Financial LLMs

Fuente: arXiv
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Main Authors: Ke, Zixuan, Ming, Yifei, Nguyen, Xuan-Phi, Xiong, Caiming, Joty, Shafiq
Format: Preprint
Published: 2025
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author Ke, Zixuan
Ming, Yifei
Nguyen, Xuan-Phi
Xiong, Caiming
Joty, Shafiq
author_facet Ke, Zixuan
Ming, Yifei
Nguyen, Xuan-Phi
Xiong, Caiming
Joty, Shafiq
contents Domain-adaptive post-training of large language models (LLMs) has emerged as a promising approach for specialized domains such as medicine and finance. However, significant challenges remain in identifying optimal adaptation criteria and training strategies across varying data and model configurations. To address these challenges, we introduce FINDAP, a systematic and fine-grained investigation into domain-adaptive post-training of LLMs for the finance domain. Our approach consists of four key components: FinCap, which defines the core capabilities required for the target domain; FinRec, an effective training recipe that jointly optimizes continual pre-training and instruction-following, along with a novel preference data distillation method leveraging process signals from a generative reward model; FinTrain, a curated set of training datasets supporting FinRec; and FinEval, a comprehensive evaluation suite aligned with FinCap. The resulting model, Llama-Fin, achieves state-of-the-art performance across a wide range of financial tasks. Our analysis also highlights how each post-training stage contributes to distinct capabilities, uncovering specific challenges and effective solutions, providing valuable insights for domain adaptation of LLMs
format Preprint
id arxiv_https___arxiv_org_abs_2501_04961
institution arXiv
publishDate 2025
record_format arxiv
spellingShingle Demystifying Domain-adaptive Post-training for Financial LLMs
Ke, Zixuan
Ming, Yifei
Nguyen, Xuan-Phi
Xiong, Caiming
Joty, Shafiq
Computation and Language
Artificial Intelligence
Computational Engineering, Finance, and Science
Machine Learning
Domain-adaptive post-training of large language models (LLMs) has emerged as a promising approach for specialized domains such as medicine and finance. However, significant challenges remain in identifying optimal adaptation criteria and training strategies across varying data and model configurations. To address these challenges, we introduce FINDAP, a systematic and fine-grained investigation into domain-adaptive post-training of LLMs for the finance domain. Our approach consists of four key components: FinCap, which defines the core capabilities required for the target domain; FinRec, an effective training recipe that jointly optimizes continual pre-training and instruction-following, along with a novel preference data distillation method leveraging process signals from a generative reward model; FinTrain, a curated set of training datasets supporting FinRec; and FinEval, a comprehensive evaluation suite aligned with FinCap. The resulting model, Llama-Fin, achieves state-of-the-art performance across a wide range of financial tasks. Our analysis also highlights how each post-training stage contributes to distinct capabilities, uncovering specific challenges and effective solutions, providing valuable insights for domain adaptation of LLMs
title Demystifying Domain-adaptive Post-training for Financial LLMs
topic Computation and Language
Artificial Intelligence
Computational Engineering, Finance, and Science
Machine Learning
url https://arxiv.org/abs/2501.04961