Bridging finance and AI: a comprehensive survey of large language models in financial system
摘要
Large Language Models (LLMs) are reshaping financial analytics, enabling automated summarization, sentiment analysis, numerical reasoning, and decision support. In this survey, we provide a clear and structured overview of LLM adoption in finance. We introduce a taxonomy of key tasks, including text processing, forecasting, and question answering, and review core architectures and adaptation strategies for both general-purpose and finance-specific LLMs. We compare performance trade-offs across models, examine evaluation metrics relevant to financial applications, and discuss deployment challenges such as data privacy, bias, and explainability. Our multi-level adoption framework offers practical guidance for balancing accuracy, cost, and privacy across institutions. Finally, we outline future research opportunities, including cross-lingual modeling, symbolic reasoning, and open finance benchmarks. This survey aims to help researchers and practitioners responsibly leverage LLMs for more transparent, effective, and inclusive financial AI.