FinanceText

Palmyra-Fin

A large model for financial documents with a context window of about 131k tokens: it holds long reports whole. Not investment advice: decisions are made by a specialist.

The last open version came out in Jul 2024. The family has not been updated for a long time: the model still works, but do not expect fixes or new sizes.

Developer
Writer, USA
First release
Jul 2024
Latest release
Jul 2024
Sizes
70B (the model card states 72 billion parameters)
License
Commercial use with conditionsWriter Open Model License - open weights with acceptable-use restrictions
Russian
Not supported
Running
On your own serverNeeds a GPU
Industries
Finance, Documents and accounting, Legal
Deploy on your server Hugging Face

What it does

  • Working with long annual reports and prospectuses
  • Summaries and digests of financial documents
  • Finding answers inside a large document pack

Where it is used

Financial institutionsAudit and consultingInvestment analytics

Hardware requirements

LaptopLaptop or regular PC, up to 8 GB of VRAM — smaller versions
no versions
1 GPUOne GPU with 16–80 GB — mid-size versions
no versions
ClusterServer with several GPUs — flagship versions
fits

Versions

  1. Palmyra-Fin-70B-32K

How to run it

On your own serverWeights are downloaded from Hugging Face and served with vLLM (load and API) or llama.cpp (modest hardware). The model then runs in a closed network with no per-request fees.Hugging Face
How much hardware you needCalculate the VRAM for the model size, context length and number of concurrent requests.Open the hardware calculator

I can set this up end to end: pick the model size, deploy it on your server and connect it to your systems.

Frequently asked questions

Can Palmyra-Fin be used in a commercial project?

With conditions. License: Writer Open Model License - open weights with acceptable-use restrictions. Restrictions vary — region, company revenue, attribution requirements. Have a lawyer check the terms before a commercial launch.

What hardware does Palmyra-Fin need?

At minimum: Server with several GPUs — flagship versions. Without a GPU the model is not practical. You can calculate the exact VRAM for your model size and context in the hardware calculator.

Does Palmyra-Fin support Russian?

No. The developer documentation lists the supported languages and Russian is not among them.

Where can I download Palmyra-Fin and what does it cost?

The Palmyra-Fin weights are open and free to download. You only pay for the hardware it runs on and for the setup. Source links are at the bottom of this page.

How I deploy it for clients

  1. SelectionI pick the model size for your task and hardware and test it on your examples.
  2. DeploymentI deploy it on your server or in a closed network and provide an API.
  3. Fine-tuningI fine-tune it on your data (LoRA) or connect a knowledge base — whichever is cheaper for the task.
  4. IntegrationI connect it to your CRM, ERP, bot, website or team chat and set up monitoring.

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Details

Source: huggingface.co/Writer/Palmyra-Fin-70B-32K. Data checked against the model card on 22 Sep 2026. Have a lawyer review the license before commercial launch.