The Development Research and Application Prospect of Large Language Model Technology in The Financial Field

Alex George. Gordon; Lucia Greece; Richard

doi:10.5281/zenodo.13379307

Authors

Alex George. Gordon Cornell University
Lucia Greece Virginia Tech University
Richard University of Southampton

DOI:

https://doi.org/10.5281/zenodo.13379307

ARK:

https://n2t.net/ark:/40704/JCTAM.v1n3a09

Keywords:

Large Language Model, The Financial Sector, Application and Development

Abstract

With the continuous development and rapid progress of the information and computer age, large language model technology has been widely used in various fields and development operators, including, of course, the field of financial technology. In the financial field, large language model technology can promote the development and operation of finance from different angles, and make finance become a more intelligent new industry. Bring new development opportunities to finance. This paper focuses on the introduction of large language model, its development process in different development fields and stages, as well as its development principles and application status, and analyzes the development challenges and advantages of big language model in the application process in the financial field, and looks forward to the future development of big language model in the financial field.

Author Biographies

Alex George. Gordon, Cornell University

Computer Science, Wilson School of Engineering, Cornell University.

Lucia Greece, Virginia Tech University

Financial Technology, Virginia Tech University.

Richard, University of Southampton

Economics, University of Southampton.

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