Finsight — Qwen3-14B Finance (CPT only)

This is the intermediate checkpoint from the Finsight finance-adaptation of Qwen/Qwen3-14B-Base: the model after continued pre-training on raw finance text, but before instruction tuning.

👉 For the finished, instruction-following model, use maxint-inc/Finsight-Qwen3-14B-CPT-SFT. This CPT-only repo is shared for research/ablation.

⚠️ Base-style checkpoint — it has no chat template and is not instruction-tuned. It completes text; it does not follow instructions well yet.


What this stage did

We continued pre-training the base model on ~330M tokens of raw finance text so it would better understand financial language before any instruction tuning:

Source What it is
SEC 10-K filings (anonymous-md/EDGAR_FILINGS_DATASET) Full annual-report text
Financial news (ashraq/financial-news-articles) Market/company news
Industry finance corpus (BAAI/IndustryCorpus_Finance) Long-form finance text

Trained with QLoRA (4-bit NF4 + LoRA r=64, α=128), 800 steps (~0.2B tokens), then merged to 16-bit. Corpus decontaminated against the benchmark test sets.


Results (on the FinBen flare_* finance benchmarks)

Same samples, greedy decoding, via lm-evaluation-harness.

Benchmark (skill) Base CPT (this) Final (CPT→SFT)
FinQA — table math 0.019 0.082 0.126
ConvFinQA — multi-turn math 0.148 0.146 0.203
FPB — sentiment 0.812 0.790 0.794
Headlines — classification 0.745 0.714 0.721
NER — extraction (F1) 0.238 0.150 0.180
FiQA-SA — aspect sentiment 0.681 0.319 0.370
Average 0.441 0.367 0.399

Reading this: CPT alone improved FinQA numerical reasoning (0.019 → 0.082) but lowered the average — continued pre-training on raw text sharpened reasoning while disrupting classification calibration. The following SFT stage recovers part of the gap. See the final model card for the full pipeline, datasets, benchmarks, and analysis.


Training details

  • Base: Qwen/Qwen3-14B-Base (Apache-2.0)
  • Method: QLoRA CPT (r=64, α=128), packed seq len 2048, effective batch 128, lr 2e-4 cosine, 800 steps, Flash-Attention 2.
  • Hardware: 8× A100 SXM4 40 GB (AWS p4d.24xlarge), ~5 h.

Not financial advice. Verify all outputs.

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