# Financial Risk Relation Identification through Dual-view Adaptation

arXiv: https://arxiv.org/abs/2509.18775 · HTML: https://mlsanity.com/paper/2509.18775/

## Key facts

- Cited by 1 papers in the map (data through 14 Oct 2026).
- Builds on 21 of its 30 references that are in the map.
- First posted on arXiv 23 Sep 2025.

## Builds on (most cited first, 21 of 21)

- [BERT: Pre-training of Deep Bidirectional Transformers for Language Understanding](https://mlsanity.com/paper/1810.04805/) (2018)
- [Adam: A Method for Stochastic Optimization](https://mlsanity.com/paper/1412.6980/) (2014)
- [The Llama 3 Herd of Models](https://mlsanity.com/paper/2407.21783/) (2024)
- [Exploring the Limits of Transfer Learning with a Unified Text-to-Text Transformer](https://mlsanity.com/paper/1910.10683/) (2019)
- [RoBERTa: A Robustly Optimized BERT Pretraining Approach](https://mlsanity.com/paper/1907.11692/) (2019)
- [A Simple Framework for Contrastive Learning of Visual Representations](https://mlsanity.com/paper/2002.05709/) (2020)
- [Representation Learning with Contrastive Predictive Coding](https://mlsanity.com/paper/1807.03748/) (2018)
- [Dense Passage Retrieval for Open-Domain Question Answering](https://mlsanity.com/paper/2004.04906/) (2020)
- [Unsupervised Dense Information Retrieval with Contrastive Learning](https://mlsanity.com/paper/2112.09118/) (2021)
- [Train Short, Test Long: Attention with Linear Biases Enables Input Length Extrapolation](https://mlsanity.com/paper/2108.12409/) (2021)
- [M3-Embedding: Multi-Linguality, Multi-Functionality, Multi-Granularity Text Embeddings Through Self-Knowledge Distillation](https://mlsanity.com/paper/2402.03216/) (2024)
- [BloombergGPT: A Large Language Model for Finance](https://mlsanity.com/paper/2303.17564/) (2023)
- [SpanBERT: Improving Pre-training by Representing and Predicting Spans](https://mlsanity.com/paper/1907.10529/) (2019)
- [C-Pack: Packed Resources For General Chinese Embeddings](https://mlsanity.com/paper/2309.07597/) (2023)
- [FinBERT: Financial Sentiment Analysis with Pre-trained Language Models](https://mlsanity.com/paper/1908.10063/) (2019)
- [Matching the Blanks: Distributional Similarity for Relation Learning](https://mlsanity.com/paper/1906.03158/) (2019)
- [Jina Embeddings 2: 8192-Token General-Purpose Text Embeddings for Long Documents](https://mlsanity.com/paper/2310.19923/) (2023)
- [On Sampling Strategies for Neural Network-based Collaborative Filtering](https://mlsanity.com/paper/1706.07881/) (2017)
- [FiNER: Financial Numeric Entity Recognition for XBRL Tagging](https://mlsanity.com/paper/2203.06482/) (2022)
- [Learning to Retrieve Passages without Supervision](https://mlsanity.com/paper/2112.07708/) (2021)
- [FinBERT-MRC: financial named entity recognition using BERT under the machine reading comprehension paradigm](https://mlsanity.com/paper/2205.15485/) (2022)

## Built on by (most cited first, 1 of 1)

- [FinInvest-GTCN: Explainable Graph-Temporal-Causal Modeling for Risk-Aware Investment Decision Optimization](https://mlsanity.com/paper/2606.28933/) (2026)

## Abstract (arXiv)

A multitude of interconnected risk events -- ranging from regulatory changes to geopolitical tensions -- can trigger ripple effects across firms. Identifying inter-firm risk relations is thus crucial for applications like portfolio management and investment strategy. Traditionally, such assessments rely on expert judgment and manual analysis, which are, however, subjective, labor-intensive, and difficult to scale. To address this, we propose a systematic method for extracting inter-firm risk relations using Form 10-K filings -- authoritative, standardized financial documents -- as our data source. Leveraging recent advances in natural language processing, our approach captures implicit and abstract risk connections through unsupervised fine-tuning based on chronological and lexical patterns in the filings. This enables the development of a domain-specific financial encoder with a deeper contextual understanding and introduces a quantitative risk relation score for transparency, interpretable analysis. Extensive experiments demonstrate that our method outperforms strong baselines across multiple evaluation settings. Our codes are available at https://github.com/cnclabs/codes.fin.relation.