A Foundation Model for Multimodal Event Sequences in Financial Applications

• URL: http://arxiv.org/abs/2607.09955v1
• Date: Fri, 10 Jul 2026 20:19:17 GMT
• Title: A Foundation Model for Multimodal Event Sequences in Financial Applications
• Abstract summary: We present an approach based on pretraining a foundation transformer model on multimodal sequences of user events.<n>The proposed system outperforms traditional task-specific models while reducing development overhead.<n>The approach was deployed in production at one of the biggest banks in Eastern Europe, resulting in measurable improvements in business metrics.
• Score: 34.57471442552313
• License: http://creativecommons.org/licenses/by-nc-nd/4.0/
• Abstract: Predictive modeling is a core component of modern financial services, where a wide range of tasks are traditionally addressed using separate models trained on manually engineered tabular features. This task-specific approach limits reuse and makes it difficult to fully exploit heterogeneous data sources such as transaction histories and digital interaction signals. In this paper, we present an approach based on pretraining a foundation transformer model on multimodal sequences of user events. Events from multiple data sources are unified into a single chronological sequence, enabling early fusion of heterogeneous modalities and learning of general-purpose representations via a next-event prediction objective. These representations are combined with existing engineered user features, on top of which lightweight neural models are trained for multiple downstream tasks. The proposed system outperforms traditional task-specific models while reducing development overhead. The approach was deployed in production at one of the biggest banks in Eastern Europe, resulting in measurable improvements in business metrics.

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