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Work / Fathom Capital

A research assistant that refuses to answer

Grounded retrieval across fifteen years of internal research where the hardest engineering problem was making the system decline confidently.
Client
Fathom Capital
Sector
Financial services
Year
2024
Services
AI Systems
All case studies

94%

answers with correct citations

0.4%

unsupported claim rate

6.5hr

analyst time saved per week

The problem

Challenge

Analysts wanted natural-language search over fifteen years of internal notes, filings and call transcripts. In a regulated setting a confident wrong answer is worse than no answer, and the first prototype the team had built was fluent, plausible and wrong often enough to be unusable.

What we did

Approach

In order, including the steps that changed the plan.

  1. 01

    Score refusals as successes

    The eval set includes questions the corpus genuinely cannot answer. A confident answer to those scores zero. Optimising against that changed the system design more than any prompt did.

  2. 02

    Cite or do not claim

    Every sentence in a response is checked against its retrieved sources. Unsupported sentences are removed before the response is shown, and if too little survives, the system says so.

  3. 03

    Make provenance one click away

    Citations link to the exact passage and document version. Analysts verify in seconds, which is what turned occasional users into daily ones.

Where it landed

Outcome

Unsupported claims sit at 0.4% against a 5% acceptance threshold. Adoption climbed steadily through the year, which the team attributes to the system being reliably silent when it should be.

Built with

  • Claude
  • pgvector
  • Braintrust
  • Next.js
  • Postgres
Next step

Tell us what you are building.

A system you want built, a model that has to survive real traffic, or a process that should have been automated a year ago. The first conversation costs nothing, and occasionally ends with us telling you not to build it.

Reply within one working day

A person, not an autoresponder.

A 30-minute call, no deck

We ask about constraints, not budget.

A written view within a week

Including the case for not proceeding.