FinPT: Financial Risk Prediction with Profile Tuning on Pretrained Foundation Models

#financialrisk #prediction is vital but hindered by outdated algorithms and the absence of comprehensive benchmarks. Addressing this, FinPT uses large pretrained models and Profile Tuning for #risk prediction, while FinBench provides datasets on #default, #fraud, and #churn. FinPT inserts tabular data into templates, generates customer profiles using #languagemodels, and fine-tunes models for predictions, demonstrated effectively through experiments on FinBench, enhancing understanding of language models in financial risk.

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