Related papers: Company Similarity using Large Language Models
Determining company similarity is a vital task in finance, underpinning risk management, hedging, and portfolio diversification. Practitioners often rely on sector and industry classifications such as SIC and GICS codes to gauge similarity,…
Industry classification schemes provide a taxonomy for segmenting companies based on their business activities. They are relied upon in industry and academia as an integral component of many types of financial and economic analysis.…
Accurate industry classification is a critical tool for many asset management applications. While the current industry gold-standard GICS (Global Industry Classification Standard) has proven to be reliable and robust in many settings, it…
Effective information gathering and knowledge codification are pivotal for developing recommendation systems that promote circular economy practices. One promising approach involves the creation of a centralized knowledge repository…
With Company2Vec, the paper proposes a novel application in representation learning. The model analyzes business activities from unstructured company website data using Word2Vec and dimensionality reduction. Company2Vec maintains semantic…
For both public and private firms, comparable companies' analysis is widely used as a method for company valuation. In particular, the method is of great value for valuation of private equity companies. The several approaches to the…
Large Language Models (LLMs) have recently enabled natural language interfaces that translate user queries into executable SQL, offering a powerful solution for non-technical stakeholders to access structured data. However, one of the…
Entity matching (EM) is a critical task in data integration, aiming to identify records across different datasets that refer to the same real-world entities. Traditional methods often rely on manually engineered features and rule-based…
Despite advances in generative large language models (LLMs), practical application of specialized conversational AI agents remains constrained by computation costs, latency requirements, and the need for precise domain-specific relevance…
With the rise of large language models (LLMs) for flexibly processing information as strings, a natural application is regression, specifically by preprocessing string representations into LLM embeddings as downstream features for metric…
Entity matching is the task of deciding whether two entity descriptions refer to the same real-world entity. Entity matching is a central step in most data integration pipelines. Many state-of-the-art entity matching methods rely on…
Large Language Models (LLMs) have been employed in financial decision making, enhancing analytical capabilities for investment strategies. Traditional investment strategies often utilize quantitative models, fundamental analysis, and…
Detecting anomalies in general ledger data is of utmost importance to ensure trustworthiness of financial records. Financial audits increasingly rely on machine learning (ML) algorithms to identify irregular or potentially fraudulent…
The remarkable achievements and rapid advancements of Large Language Models (LLMs) such as ChatGPT and GPT-4 have showcased their immense potential in quantitative investment. Traders can effectively leverage these LLMs to analyze financial…
Software testing is still a manual process in many industries, despite the recent improvements in automated testing techniques. As a result, test cases are often specified in natural language by different employees and many redundant test…
Indexing is an effective way to support efficient query processing in large databases. Recently the concept of learned index, which replaces or complements traditional index structures with machine learning models, has been actively…
Recommender systems are essential for guiding users through the vast and diverse landscape of digital content by delivering personalized and relevant suggestions. However, improving both personalization and interpretability remains a…
Enterprises often own large collections of structured data in the form of large databases or an enterprise data lake. Such data collections come with limited metadata and strict access policies that could limit access to the data contents…
Large language models (LLMs) have demonstrated impressive task-solving capabilities through prompting techniques and system designs, including solving planning tasks (e.g., math proofs, basic travel planning) when sufficient data is…
Accurately quantifying uncertainty in large language models (LLMs) is crucial for their reliable deployment, especially in high-stakes applications. Current state-of-the-art methods for measuring semantic uncertainty in LLMs rely on strict…