The Finance Shelf

Generative AI in Finance: Mapping the Emerging Convergence of Quantitative Trading, Robo-Advisory, and Blockchain Markets (OpenAlex (recherche mondiale))

Research paperOpenAlex (recherche mondiale)October 202628 pages42 min readNgo Phu ThanhOriginal source
Key number
695 documents
Total Scopus corpus size p.3
Largest segment
380 documents
Conference papers p.5
What changed
158.6% increase
2024 to 2025 scientific output growth p.4

Summary

  • The study analyzes a bibliometric dataset of 695 English-language Scopus records published between 2023 and 2025 to map the intellectual structure of GenAI in finance.p.3
  • Annual output expanded rapidly from 46 documents in 2023 to 181 in 2024 and 468 in 2025, with 67.3% of the total three-year corpus published in 2025.p.4
  • Publication dissemination is heavily dominated by conference papers, which account for 380 records (54.7%), compared with 170 journal articles (24.5%).p.5
  • Author-country participation is concentrated in the United States with 359 occurrences, China with 252, India with 245, and the United Kingdom with 97.p.7
  • Global citation volume is concentrated in foundational texts, led by a multidisciplinary GenAI paper with 579 citations, FinBERT with 548 citations, and a ChatGPT finance study with 491 citations.p.10
  • Strategic keyword tracking shows portfolio/investment terms rising to 99 occurrences and governance/XAI/regulation reaching 84 in 2025, whereas robo-advisory lagged at only 4 occurrences.p.24

Key insights

  1. Average citations per publication decreased from 56.6 for 2023 papers to 15.6 for 2024 and 5.1 for 2025 due to shortened citation exposure windows.p.4
  2. The Proceedings of the Annual Meeting of the Association for Computational Linguistics is the single most frequent publication venue in the corpus with 16 documents.p.6
  3. Institutional production is highly distributed, led by the University of Oxford with 10 records, while several other top institutions contribute five records each.p.7
  4. Index keywords highlight core financial application areas, led by investments with 81 occurrences, financial markets with 73, finance with 73, and decentralized finance with 67.p.11
  5. Author keyword co-occurrence reveals three main knowledge clusters covering technology and governance, quantitative prediction methods, and financial service applications.p.14
  6. Thematic evolution shows a shift from exploratory artificial intelligence and ChatGPT themes in 2023–2024 toward sentiment analysis, machine learning, and retrieval-augmented generation in 2025.p.24
  7. Quantitative trading and retrieval-augmented generation/agents each surged from zero or few occurrences in early periods to 60 tracked occurrences in 2025.p.24

Topics and entities

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