BFSI insights

AIA Forecaster: Technical Report

Published 10 Nov 2025 · arXiv · Rohan Alur
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Overview

The AIA Forecaster is a large language model-based system designed for judgmental forecasting using unstructured data. It combines agentic search, a supervisor agent, and statistical calibration techniques to improve forecasting accuracy.

Key Insights

  • Performance on ForecastBench: The AIA Forecaster matches human superforecasters on the ForecastBench benchmark, surpassing previous LLM baselines. This is verifiable through the benchmark results.
  • Market Consensus Benchmark: Although it underperforms against market consensus on a new benchmark, combining its forecasts with market data results in superior predictions. This demonstrates its additive value.
  • State-of-the-Art Achievement: The system establishes a new standard in AI forecasting, providing practical recommendations for future research.

BFSI Relevance

  • Why Relevant: Accurate forecasting is crucial for financial decision-making and risk management.
  • Primary Sector: Financial Services
  • Subsectors: Asset Management, Risk Management
  • Actionable Implications: BFSI professionals should consider integrating AI-based forecasting tools to enhance decision-making and risk assessment processes.
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