FinSight: Towards Real-World Financial Deep Research
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Abstract (arXiv)
Generating professional financial reports is a labor-intensive and intellectually demanding process that current AI systems struggle to fully automate. To address this challenge, we introduce FinSight (Financial InSight), a novel multi agent framework for producing high-quality, multimodal financial reports. The foundation of FinSight is the Code Agent with Variable Memory (CAVM) architecture, which unifies external data, designed tools, and agents into a programmable variable space, enabling flexible data collection, analysis and report generation through executable code. To ensure professional-grade visualization, we propose an Iterative Vision-Enhanced Mechanism that progressively refines raw visual outputs into polished financial charts. Furthermore, a two stage Writing Framework expands concise Chain-of-Analysis segments into coherent, citation-aware, and multimodal reports, ensuring both analytical depth and structural consistency. Experiments on various company and industry-level tasks demonstrate that FinSight significantly outperforms all baselines, including leading deep research systems in terms of factual accuracy, analytical depth, and presentation quality, demonstrating a clear path toward generating reports that approach human-expert quality.
Key facts. Cited by 9 papers in the map (data through 7 Oct 2026). Builds on 22 of its 39 references that are in the map. First posted on arXiv 19 Oct 2025.
Builds on
22 of 39 references.
References · 22
- 2017Proximal Policy Optimization Algorithmscited by 14,441
- 2022Chain-of-Thought Prompting Elicits Reasoning in Large Language Modelscited by 12,302
- 2022ReAct: Synergizing Reasoning and Acting in Language Modelscited by 8,355
- 2022Interleaving Retrieval with Chain-of-Thought Reasoning for Knowledge-Intensive Multi-Step Questionscited by 911
- 2024A Survey on Large Language Models for Code Generationcited by 646
- 2024Executable Code Actions Elicit Better LLM Agentscited by 537
- 2025Kimi K2: Open Agentic Intelligencecited by 523
- 2025Search-o1: Agentic Search-Enhanced Large Reasoning Modelscited by 423
- 2025WebThinker: Empowering Large Reasoning Models with Deep Research Capabilitycited by 320
- 2024TradingAgents: Multi-Agents LLM Financial Trading Frameworkcited by 182
- 2024FlashRAG: A Modular Toolkit for Efficient Retrieval-Augmented Generation Researchcited by 165
- 2025OWL: Optimized Workforce Learning for General Multi-Agent Assistance in Real-World Task Automationcited by 129
10 more
- 2024AutoSurvey: Large Language Models Can Automatically Write Surveyscited by 116
- 2025AutoAgent: A Fully-Automated and Zero-Code Framework for LLM Agentscited by 49
- 2024Financial Report Chunking for Effective Retrieval Augmented Generationcited by 46
- 2024FinRobot: An Open-Source AI Agent Platform for Financial Applications using Large Language Modelscited by 39
- 2024CodeAgent: Autonomous Communicative Agents for Code Reviewcited by 33
- 2024BIDER: Bridging Knowledge Inconsistency for Efficient Retrieval-Augmented LLMs via Key Supporting Evidencecited by 28
- 2025Multimodal DeepResearcher: Generating Text-Chart Interleaved Reports From Scratch with Agentic Frameworkcited by 20
- 2025Template-Based Financial Report Generation in Agentic and Decomposed Information Retrievalcited by 8
- 2025FinTeam: A Multi-Agent Collaborative Intelligence System for Comprehensive Financial Scenarioscited by 5
- 2025FinWorld: An All-in-One Open-Source Platform for End-to-End Financial AI Research and Deploymentcited by 4
Built on by
Citing papers per year: 2025: 1; 2026: 8.
9 papers.
- 2025DeepAgent: A General Reasoning Agent with Scalable Toolsetscited by 69
- 2026LaSER: Internalizing Explicit Reasoning into Latent Space for Dense Retrievalcited by 8
- 2026TVIR: Building Deep Research Agents Towards Text-Visual Interleaved Report Generationcited by 3
- 2026GEO-Flag: Detecting and Measuring GEO-Optimized Web Contentcited by 2
- 2026Advancing ESG Intelligence: An Expert-level Agent and Comprehensive Benchmark for Sustainable Financecited by 1
- 2026Towards Knowledgeable Deep Research: Framework and Benchmarkcited by 1
- 2026VeriGraph: Towards Verifiable Data-Analytic Agentscited by 0
- 2026FinSAgent: Corpus-Aligned Multi-Agent RAG Framework for Evidence-Grounded SEC Filing Question Answeringcited by 0
- 2026FinReportBench: Measuring and Improving Institution-Grade Financial Report Generationcited by 0
- 2026GEO-Flag: Detecting and Measuring GEO-Optimized Web Content17 Aug 2026
- 2026FinReportBench: Measuring and Improving Institution-Grade Financial Report Generation5 Aug 2026
- 2026FinSAgent: Corpus-Aligned Multi-Agent RAG Framework for Evidence-Grounded SEC Filing Question Answering20 Jul 2026
- 2026VeriGraph: Towards Verifiable Data-Analytic Agents15 Jun 2026
- 2026TVIR: Building Deep Research Agents Towards Text-Visual Interleaved Report Generation1 Jun 2026
- 2026Towards Knowledgeable Deep Research: Framework and Benchmark9 Apr 2026
- 2026LaSER: Internalizing Explicit Reasoning into Latent Space for Dense Retrieval2 Mar 2026
- 2026Advancing ESG Intelligence: An Expert-level Agent and Comprehensive Benchmark for Sustainable Finance13 Jan 2026
- 2025DeepAgent: A General Reasoning Agent with Scalable Toolsets24 Oct 2025