Agentic Retrieval-Augmented Generation for Financial Document Question Answering
On the map: Retrieval-augmented generation → Legal and financial RAG
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Abstract (arXiv)
Financial document question answering (QA) demands complex multi-step numerical reasoning over heterogeneous evidence--structured tables, textual narratives, and footnotes--scattered across corporate filings. Existing retrieval-augmented generation (RAG) approaches adopt a single-pass retrieve-then-generate paradigm that struggles with the compositional reasoning chains prevalent in financial analysis. We propose FinAgent-RAG, an agentic RAG framework that orchestrates iterative retrieval-reasoning loops with self-verification, specifically engineered for the precision requirements of financial numerical reasoning. The framework integrates three domain-specific innovations: (1) a Contrastive Financial Retriever trained with hard negative mining to distinguish semantically similar but numerically distinct financial passages, (2) a Program-of-Thought reasoning module that generates executable Python code for precise arithmetic rather than relying on error-prone LLM-based mental computation, and (3) an Adaptive Strategy Router that dynamically allocates computational resources based on question complexity, reducing API costs by 41.3% on FinQA while preserving accuracy. Extensive experiments on three benchmark datasets--FinQA, ConvFinQA, and TAT-QA--demonstrate that FinAgent-RAG achieves 76.81%, 78.46%, and 74.96% execution accuracy respectively, outperforming the strongest baseline by 5.62--9.32 percentage points. Ablation studies, cross-backbone evaluation with four LLMs, and deployment cost analysis confirm the framework's robustness and practical viability for financial institutions.
Key facts. Cited by 2 papers in the map (data through 7 Oct 2026). Placed in Legal and financial RAG, one of 15 directions in Retrieval-augmented generation. Builds on 31 of its 41 references that are in the map. First posted on arXiv 6 May 2026.
Builds on
31 of 41 references.
References · 31
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19 more
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- 2025FinAgentBench: A Benchmark Dataset for Agentic Retrieval in Financial Question Answering
- 2025Enhancing Financial RAG with Agentic AI and Multi-HyDE: A Novel Approach to Knowledge Retrieval and Hallucination Reduction
- 2025Rethinking Retrieval: From Traditional Retrieval Augmented Generation to Agentic and Non-Vector Reasoning Systems in the Financial Domain for Large Language Models
- 2026MimirRAG: A Multi-Agent RAG Framework for Financial Data Retrieval with Metadata Integration
- 2026CIFQA: A Deterministic Tool-Grounded Multi-Agent LLM Framework for Financial Query Answering
- 2026Decomposing Retrieval Failures in RAG for Long-Document Financial Question Answering
- 2026FinRetrieval: A Benchmark for Financial Data Retrieval by AI Agents
- 2026FinSAgent: Corpus-Aligned Multi-Agent RAG Framework for Evidence-Grounded SEC Filing Question Answering