SMARTFinRAG: Interactive Modularized Financial RAG Benchmark

• URL: http://arxiv.org/abs/2504.18024v1
• Date: Fri, 25 Apr 2025 02:29:56 GMT
• Title: SMARTFinRAG: Interactive Modularized Financial RAG Benchmark
• Authors: Yiwei Zha,
• Abstract summary: Financial sectors are rapidly adopting language model technologies, yet evaluating specialized RAG systems in this domain remains challenging.<n>This paper introduces SMARTFinRAG, addressing three critical gaps in financial RAG assessment: (1) a fully modular architecture where components can be dynamically interchanged during runtime; (2) a document-centric evaluation paradigm generating domain-specific QA pairs from newly ingested financial documents; and (3) an intuitive interface bridging research-implementation divides.
• Score: 0.0
• License: http://creativecommons.org/licenses/by/4.0/
• Abstract: Financial sectors are rapidly adopting language model technologies, yet evaluating specialized RAG systems in this domain remains challenging. This paper introduces SMARTFinRAG, addressing three critical gaps in financial RAG assessment: (1) a fully modular architecture where components can be dynamically interchanged during runtime; (2) a document-centric evaluation paradigm generating domain-specific QA pairs from newly ingested financial documents; and (3) an intuitive interface bridging research-implementation divides. Our evaluation quantifies both retrieval efficacy and response quality, revealing significant performance variations across configurations. The platform's open-source architecture supports transparent, reproducible research while addressing practical deployment challenges faced by financial institutions implementing RAG systems.

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