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The most recent large language models(LLMs) such as ChatGPT and GPT-4 have shown exceptional capabilities of generalist models, achieving state-of-the-art performance on a wide range of NLP tasks with little or no adaptation. How effective…

Computation and Language · Computer Science 2023-10-12 Xianzhi Li , Samuel Chan , Xiaodan Zhu , Yulong Pei , Zhiqiang Ma , Xiaomo Liu , Sameena Shah

Financial Large Language Models (FinLLMs), such as open FinGPT and proprietary BloombergGPT, have demonstrated great potential in select areas of financial services. Beyond this earlier language-centric approach, Multimodal Financial…

Computational Engineering, Finance, and Science · Computer Science 2025-07-15 Xiao-Yang Liu Yanglet , Yupeng Cao , Li Deng

Large language models (LLMs) have been incorporated into numerous industrial applications. Meanwhile, a vast array of API assets is scattered across various functions in the financial domain. An online financial question-answering system…

Information Retrieval · Computer Science 2026-04-08 Xing Tang , Hao Chen , Shiwei Li , Fuyuan Lyu , Weijie Shi , Lingjie Li , Dugang Liu , Weihong Luo , Xiku Du , Xiuqiang He

Large Language Models (LLMs) has made significant progress in a number of professional fields, including medicine, law, and finance. However, in traditional Chinese medicine (TCM), there are challenges such as the essential differences…

Computation and Language · Computer Science 2024-06-25 Heyi Zhang , Xin Wang , Zhaopeng Meng , Zhe Chen , Pengwei Zhuang , Yongzhe Jia , Dawei Xu , Wenbin Guo

Large language models (LLMs) are increasingly applied to financial analysis, yet their ability to audit structured financial statements under explicit accounting principles remains poorly explored. Existing benchmarks primarily evaluate…

Artificial Intelligence · Computer Science 2026-03-13 Arun Vignesh Malarkkan , Manan Roy Choudhury , Guangwei Zhang , Vivek Gupta , Qingyun Wang , Yanjie Fu , Denghui Zhang

In light of the rapidly evolving capabilities of large language models (LLMs), it becomes imperative to develop rigorous domain-specific evaluation benchmarks to accurately assess their capabilities. In response to this need, this paper…

Computation and Language · Computer Science 2023-12-01 Shitou Zhang , Zuchao Li , Xingshen Liu , Liming Yang , Ping Wang

As the capabilities of large multimodal models (LMMs) continue to advance, evaluating the performance of LMMs emerges as an increasing need. Additionally, there is an even larger gap in evaluating the advanced knowledge and reasoning…

Large language models (LLMs) have demonstrated strong capabilities in various aspects. However, when applying them to the highly specialized, safe-critical legal domain, it is unclear how much legal knowledge they possess and whether they…

Computation and Language · Computer Science 2023-09-29 Zhiwei Fei , Xiaoyu Shen , Dawei Zhu , Fengzhe Zhou , Zhuo Han , Songyang Zhang , Kai Chen , Zongwen Shen , Jidong Ge

Financial report generation tasks range from macro- to micro-economics analysis, also requiring extensive data analysis. Existing LLM models are usually fine-tuned on simple QA tasks and cannot comprehensively analyze real financial…

Computational Engineering, Finance, and Science · Computer Science 2025-07-15 Yingqian Wu , Qiushi Wang , Zefei Long , Rong Ye , Zhongtian Lu , Xianyin Zhang , Bingxuan Li , Wei Chen , Liwen Zhang , Zhongyu Wei

The financial industry's growing demand for advanced natural language processing (NLP) capabilities has highlighted the limitations of generalist large language models (LLMs) in handling domain-specific financial tasks. To address this gap,…

Statistical Finance · Quantitative Finance 2025-11-13 Gaëtan Caillaut , Raheel Qader , Jingshu Liu , Mariam Nakhlé , Arezki Sadoune , Massinissa Ahmim , Jean-Gabriel Barthelemy

This research explores the strengths and weaknesses of domain-adapted Large Language Models (LLMs) in the context of financial natural language processing (NLP). The analysis centers on FinMA, a model created within the PIXIU framework,…

Computation and Language · Computer Science 2025-10-08 Prudence Djagba , Abdelkader Y. Saley

Recently, large language models (LLMs) with hundreds of billions of parameters have demonstrated the emergent ability, surpassing traditional methods in various domains even without fine-tuning over domain-specific data. However, when it…

Computation and Language · Computer Science 2025-03-10 Xinyu Wei , Luojia Liu

While the progression of Large Language Models (LLMs) has notably propelled financial analysis, their application has largely been confined to singular language realms, leaving untapped the potential of bilingual Chinese-English capacity.…

Computational Engineering, Finance, and Science · Computer Science 2024-08-19 Gang Hu , Ke Qin , Chenhan Yuan , Min Peng , Alejandro Lopez-Lira , Benyou Wang , Sophia Ananiadou , Jimin Huang , Qianqian Xie

Large Language Models (LLMs) have demonstrated remarkable performance across diverse tasks but are constrained by their small context window sizes. Various efforts have been proposed to expand the context window to accommodate even up to…

Computation and Language · Computer Science 2024-04-09 Xuanfan Ni , Hengyi Cai , Xiaochi Wei , Shuaiqiang Wang , Dawei Yin , Piji Li

Going beyond simple text processing, financial auditing requires detecting semantic, structural, and numerical inconsistencies across large-scale disclosures. As financial reports are filed in XBRL, a structured XML format governed by…

Recent advancements in Large Language Models (LLMs) have revealed new capabilities and opportunities across the technological landscape. However, the practicality of very large LLMs is challenged by their high compute cost, which does not…

Large language models (LLMs)-based chatbots are increasingly being adopted in the financial domain, particularly in digital banking, to handle customer inquiries about products such as deposits, savings, and loans. However, these models…

Computation and Language · Computer Science 2026-02-27 Yunseung Lee , Subin Kim , Youngjun Kwak , Jaegul Choo

While Large Multimodal Models (LMMs) excel in general visual tasks, their deployment in specialized financial contexts remains insufficient. Existing benchmarks prioritize isolated charts, often overlooking the need to integrate data from…

Computational Engineering, Finance, and Science · Computer Science 2026-05-19 Jiayong Zhu , Jiangtong Li , Jinru Ding , Dawei Cheng , Jie Xu , Feng Yu

Enhancing large language models (LLMs) with real-time APIs can help generate more accurate and up-to-date responses. However, evaluating the function calling abilities of LLMs in real-world scenarios remains under-explored due to the…

Computation and Language · Computer Science 2025-01-20 Lucen Zhong , Zhengxiao Du , Xiaohan Zhang , Haiyi Hu , Jie Tang

Standard benchmarks fixate on how well large language model (LLM) agents perform in finance, yet say little about whether they are safe to deploy. We argue that accuracy metrics and return-based scores provide an illusion of reliability,…

General Finance · Quantitative Finance 2025-06-03 Zichen Chen , Jiaao Chen , Jianda Chen , Misha Sra