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Ruohan Sun

Publications and source records attributed to Ruohan Sun.

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SlimPer: Make Personalization Model Slim and Smart

Transformer-style architectures are increasingly adopted for industrial recommendation systems, yet they inherit a design premise misaligned with the task: generative models rely on per-token autoregressive prediction, which justifies maintaining large intermediate tensors that scale with sequence length. In contrast, recommendation systems produce a single set of relevance scores for each pair without token-level supervision. Leveraging this observation, we propose SlimPer, which reformulates personalized ranking as iterative refinement of a compact, unified knowledge base. At each layer, the model selectively queries raw multi-modal user-side tokens, computes explicit relevance matching scores, and refines the knowledge base, all in O(N) per-layer cost with a fixed-size intermediate representation. As a result, model depth is decoupled from user history length, enabling deeper relevance understanding without proportional growth in compute or memory; request-only optimization further trims memory by sharing a single copy of user-side tokens across all candidate items. SlimPer unifies sparse, dense, and sequence features within a single backbone and provides inherent interpretability through its attention mechanism. Deployed on Instagram Reels and Feed, SlimPer yields measurable improvements in user engagement while streamlining the overall system and enabling effective modeling of 10k+ fine-grained user history events.

cs.IR

Alpha-R1: Alpha Screening with LLM Reasoning via Reinforcement Learning

Signal decay and regime shifts pose recurring challenges for data-driven investment strategies in non-stationary markets, where conventional time-series and machine learning approaches often struggle to generalize beyond historical correlations. While large language models (LLMs) offer strong capabilities for processing unstructured information, their potential to support quantitative factor screening through explicit economic reasoning remains underexplored. Existing factor-based methods typically reduce alphas to numerical time series, overlooking the semantic rationale that determines when a factor is economically relevant. We present Alpha-R1, an RL-aligned LLM framework for context-aware alpha screening. Its core mechanism, semantic gating, evaluates each candidate factor's semantic profile against a dynamically constructed market state description, selecting a sparse subset of factors whose economic rationale aligns with current market conditions. The selection model is trained via group relative policy optimization (GRPO), using realized portfolio returns as the primary reward signal. Under a 12-month out-of-sample evaluation, Alpha-R1 achieves annualized returns of 47.87% on S&P 500 and 40.57% on CSI 300 with Sharpe ratios of 1.62 and 2.23. These results, obtained under a bounded candidate-pool evaluation protocol, provide evidence for second-stage semantic factor reranking in non-stationary markets. The full implementation and resources are available at https://github.com/FinStep-AI/Alpha-R1.

q-fin.TR