Benchmarks Are Not Validation: A System-Level View of Financial LLM Applications

arXiv:2607.28840v1 Announce Type: new Abstract: Large language models are increasingly deployed in financial applications that combine retrieval, proprietary data, tool use, orchestration logic, monitoring, and human escalation. Yet evaluation often remains model-centric: benchmark scores, task accuracy, or one-off qualitative reviews are treated as evidence of readiness. In financial settings, this is insufficient. We take the position that financial LLM systems should not be approved for produ...