FinRobot: An Open-Source AI Agent Platform for Financial Applications using Large Language Models

TL;DR

FinRobot is an open-source platform that integrates multiple large language models to support specialized financial AI agents, enabling advanced financial analysis for professionals and laypersons.

Contribution

This paper introduces FinRobot, a novel open-source platform with a layered architecture supporting financial AI agents powered by LLMs, facilitating democratized access to financial AI tools.

Findings

Supports multiple specialized financial AI agents

Enables logical financial problem decomposition via Chain-of-Thought

Provides an accessible platform for financial AI applications

Abstract

As financial institutions and professionals increasingly incorporate Large Language Models (LLMs) into their workflows, substantial barriers, including proprietary data and specialized knowledge, persist between the finance sector and the AI community. These challenges impede the AI community's ability to enhance financial tasks effectively. Acknowledging financial analysis's critical role, we aim to devise financial-specialized LLM-based toolchains and democratize access to them through open-source initiatives, promoting wider AI adoption in financial decision-making. In this paper, we introduce FinRobot, a novel open-source AI agent platform supporting multiple financially specialized AI agents, each powered by LLM. Specifically, the platform consists of four major layers: 1) the Financial AI Agents layer that formulates Financial Chain-of-Thought (CoT) by breaking sophisticated financial problems down into logical sequences; 2) the Financial LLM Algorithms layer dynamically configures appropriate model application strategies for specific tasks; 3) the LLMOps and DataOps layer produces accurate models by applying training/fine-tuning techniques and using task-relevant data; 4) the Multi-source LLM Foundation Models layer that integrates various LLMs and enables the above layers to access them directly. Finally, FinRobot provides hands-on for both professional-grade analysts and laypersons to utilize powerful AI techniques for advanced financial analysis. We open-source FinRobot at \url{https://github.com/AI4Finance-Foundation/FinRobot}.