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Business processes need to have certain constraints such that they can lead to sustainable outcomes. These constraints can be manifold and their adherence has to be monitored. In the past compliance checking has been applied in several…

Computers and Society · Computer Science 2020-06-19 Clemens Schreiber

This study provides the first comprehensive assessment of consistency and reproducibility in Large Language Model (LLM) outputs in finance and accounting research. We evaluate how consistently LLMs produce outputs given identical inputs…

General Finance · Quantitative Finance 2025-09-16 Julian Junyan Wang , Victor Xiaoqi Wang

A systematic review identifies and collates various clinical studies and compares data elements and results in order to provide an evidence based answer for a particular clinical question. The process is manual and involves lot of time. A…

Information Retrieval · Computer Science 2016-06-22 Tanmay Basu , Shraman Kumar , Abhishek Kalyan , Priyanka Jayaswal , Pawan Goyal , Stephen Pettifer , Siddhartha R. Jonnalagadda

Leveraging large language models in real-world settings often entails a need to utilize domain-specific data and tools in order to follow the complex regulations that need to be followed for acceptable use. Within financial sectors, modern…

The growing complexity of legal cases has lead to an increasing interest in legal information retrieval systems that can effectively satisfy user-specific information needs. However, such downstream systems typically require documents to be…

Computation and Language · Computer Science 2021-05-18 Dennis Aumiller , Satya Almasian , Sebastian Lackner , Michael Gertz

Finance-related news such as Bloomberg News, CNN Business and Forbes are valuable sources of real data for market screening systems. In news, an expert shares opinions beyond plain technical analyses that include context such as political,…

Computation and Language · Computer Science 2024-04-03 Silvia García-Méndez , Francisco de Arriba-Pérez , Ana Barros-Vila , Francisco J. González-Castaño

Legal writing demands clarity, formality, and domain-specific precision-qualities often lacking in documents authored by individuals without legal training. To bridge this gap, this paper explores the task of legal text refinement that…

Computation and Language · Computer Science 2025-04-15 Bo-Wei Chen , An-Zi Yen , Chung-Chi Chen

In recent years, general-purpose large language models (LLMs) such as GPT, Gemini, Claude, and DeepSeek have advanced at an unprecedented pace. Despite these achievements, their application to finance remains challenging, due to fragmented…

We introduce FACTS Grounding, an online leaderboard and associated benchmark that evaluates language models' ability to generate text that is factually accurate with respect to given context in the user prompt. In our benchmark, each prompt…

The financial domain involves a variety of important time-series problems. Recently, time-series analysis methods that jointly leverage textual and numerical information have gained increasing attention. Accordingly, numerous efforts have…

Artificial Intelligence · Computer Science 2026-05-28 Jaehoon Lee , Suhwan Park , Taeyoon Lim , Seunghan Lee , Jun Seo , Dongwan Kang , Hwanil Choi , Minjae Kim , Sungdong Yoo , Soonyoung Lee , Yongjae Lee , Wonbin Ahn

Financial disclosure analysis and Knowledge extraction is an important financial analysis problem. Prevailing methods depend predominantly on quantitative ratios and techniques, which suffer from limitations like window dressing and past…

Trading and Market Microstructure · Quantitative Finance 2021-01-13 Sridhar Ravula

In the rapidly evolving financial sector, the accurate and timely interpretation of market news is essential for stakeholders needing to navigate unpredictable events. This paper introduces FANAL (Financial Activity News Alerting Language…

Computation and Language · Computer Science 2025-11-20 Urjitkumar Patel , Fang-Chun Yeh , Chinmay Gondhalekar , Hari Nalluri

Accurate and transparent financial information disclosure is essential for market efficiency, investor decision-making, and corporate governance. Chinese stock exchanges' investor interactive platforms provide a widely used channel through…

Computation and Language · Computer Science 2026-04-10 Peilin Zhou , Ziyue Xu , Xinyu Shi , Jiageng Wu , Yikang Jiang , Dading Chong , Wang Dong , Jun Chen , Bin Ke , Jie Yang

Language models are increasingly being used in important decision pipelines, so ensuring the correctness of their outputs is crucial. Recent work has proposed evaluating the "factuality" of claims decomposed from a language model generation…

Computation and Language · Computer Science 2025-05-26 Maxon Rubin-Toles , Maya Gambhir , Keshav Ramji , Aaron Roth , Surbhi Goel

This paper scrutinizes a database of over 4900 YouTube videos to characterize financial market coverage. Financial market coverage generates a large number of videos. Therefore, watching these videos to derive actionable insights could be…

In the financial domain, conducting entity-level sentiment analysis is crucial for accurately assessing the sentiment directed toward a specific financial entity. To our knowledge, no publicly available dataset currently exists for this…

Computation and Language · Computer Science 2023-10-20 Yixuan Tang , Yi Yang , Allen H Huang , Andy Tam , Justin Z Tang

The paper considers the possibility to fine-tune Llama 2 GPT large language model (LLM) for the multitask analysis of financial news. For fine-tuning, the PEFT/LoRA based approach was used. In the study, the model was fine-tuned for the…

Computation and Language · Computer Science 2023-09-12 Bohdan M. Pavlyshenko

Generative AI, particularly large language models (LLMs), is beginning to transform the financial industry by automating tasks and helping to make sense of complex financial information. One especially promising use case is the automatic…

Statistical Finance · Quantitative Finance 2025-11-11 Zonghan Wu , Congyuan Zou , Junlin Wang , Chenhan Wang , Hangjing Yang , Yilei Shao

US corporations regularly spend millions of dollars reviewing electronically-stored documents in legal matters. Recently, attorneys apply text classification to efficiently cull massive volumes of data to identify responsive documents for…

Information Retrieval · Computer Science 2023-11-16 Christian Mahoney , Peter Gronvall , Nathaniel Huber-Fliflet , Jianping Zhang

Safety critical software assessment requires robust assessment against complex regulatory frameworks, a process traditionally limited by manual evaluation. This paper presents Document Retrieval-Augmented Fine-Tuning (DRAFT), a novel…