We are pleased to announce the publication of the new study “GPT for Financial Advice – The Combination of Large Language Models and Rule-Based Systems”, which was presented at the IFZ FinTech Forum on May 23, 2023.
Large Language Models (LLMs) like Open AI’s GPTs or Google’s Bard belong to the latest developments in natural language processing. A relevant example from the point of view of the Swiss financial industry is investment advice, where comprehensible and explainable recommendations are required.
The objective of this study was to explore how LLMs and rule-based systems can be combined for investment advice. The focus was on demonstrating the technical feasibility of using LLMs to support deterministic investment recommendations, rather than discussing potential obstacles or non-technical enablers.
Big thanks to our members and partners for the valuable and intensive collaboration !