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Large Language Models (LLMs) have demonstrated significant potential across various domains, particularly in banking and finance, where they can automate complex tasks and enhance decision-making at scale. Due to privacy, security, and…

Current Large Language Models (LLMs) exhibit limited ability to understand table structures and to apply precise numerical reasoning, which is crucial for tasks such as table question answering (TQA) and table-based fact verification (TFV).…

Computation and Language · Computer Science 2025-07-11 Xinyuan Lu , Liangming Pan , Yubo Ma , Preslav Nakov , Min-Yen Kan

Large language models (LLMs) are increasingly used to support the analysis of complex financial disclosures, yet their reliability, behavioral consistency, and transparency remain insufficiently understood in high-stakes settings. This…

Computation and Language · Computer Science 2026-01-21 Md Talha Mohsin

Recent advances in large language models (LLMs) have opened new possibilities for artificial intelligence applications in finance. In this paper, we provide a practical survey focused on two key aspects of utilizing LLMs for financial…

General Finance · Quantitative Finance 2024-07-10 Yinheng Li , Shaofei Wang , Han Ding , Hang Chen

Large language models (LLMs) have become powerful tools for advancing natural language processing applications in the financial industry. However, existing financial LLMs often face challenges such as hallucinations or superficial parameter…

Computation and Language · Computer Science 2024-08-06 Shujuan Zhao , Lingfeng Qiao , Kangyang Luo , Qian-Wen Zhang , Junru Lu , Di Yin

Large Language Models (LLMs), consisting of 100 billion or more parameters, have demonstrated remarkable ability in complex multi-step reasoning tasks. However, the application of such generic advancements has been limited to a few fields,…

Computation and Language · Computer Science 2023-06-27 Guijin Son , Hanearl Jung , Moonjeong Hahm , Keonju Na , Sol Jin

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

Large language models (LLMs) exhibit in-context learning abilities which enable the same model to perform several tasks without any task-specific training. In contrast, traditional adaptation approaches, such as fine-tuning, modify the…

Machine Learning · Computer Science 2023-06-14 Kush Bhatia , Avanika Narayan , Christopher De Sa , Christopher Ré

Large Language Models (LLMs) are increasingly adopted as evaluators, offering a scalable alternative to human annotation. However, existing supervised fine-tuning (SFT) approaches often fall short in domains that demand complex reasoning.…

Computation and Language · Computer Science 2025-11-04 Nuo Chen , Zhiyuan Hu , Qingyun Zou , Jiaying Wu , Qian Wang , Bryan Hooi , Bingsheng He

Supervised fine-tuning (SFT) has emerged as one of the most effective ways to improve the performance of large language models (LLMs) in downstream tasks. However, SFT can have difficulty generalizing when the underlying data distribution…

Computation and Language · Computer Science 2025-12-15 Mrinal Rawat , Arkajyoti Chakraborty , Neha Gupta , Roberto Pieraccini

Large Language Models (LLMs) have demonstrated impressive performance in various NLP tasks, but they still suffer from challenges such as hallucination and weak numerical reasoning. To overcome these challenges, external tools can be used…

Computation and Language · Computer Science 2023-06-26 Yuchen Zhuang , Yue Yu , Kuan Wang , Haotian Sun , Chao Zhang

Increasingly powerful Large Language Model (LLM) based chatbots, like ChatGPT and Bard, are becoming available to users that have the potential to revolutionize the quality of decision-making achieved by the public. In this context, we set…

Computation and Language · Computer Science 2023-07-17 Kausik Lakkaraju , Sai Krishna Revanth Vuruma , Vishal Pallagani , Bharath Muppasani , Biplav Srivastava

Tool-augmented Language Models (TaLMs) can invoke external tools to solve problems beyond their parametric capacity. However, it remains unclear whether these tool-enabled gains reflect trustworthy reasoning. Focusing on the Code…

Computation and Language · Computer Science 2026-04-22 Farima Fatahi Bayat , Pouya Pezeshkpour , Estevam Hruschka

Supervised fine-tuning (SFT) is a common method to enhance the tool calling capabilities of Large Language Models (LLMs), with the training data often being synthesized. The current data synthesis process generally involves sampling a set…

Computation and Language · Computer Science 2025-03-18 Zezhong Wang , Xingshan Zeng , Weiwen Liu , Liangyou Li , Yasheng Wang , Lifeng Shang , Xin Jiang , Qun Liu , Kam-Fai Wong

Recent supervised fine-tuning (SFT) approaches have significantly improved language models' performance on mathematical reasoning tasks, even when models are trained at a small scale. However, the specific capabilities enhanced through such…

Artificial Intelligence · Computer Science 2026-01-12 Yiyou Sun , Georgia Zhou , Haoyue Bai , Hao Wang , Dacheng Li , Nouha Dziri , Dawn Song

Language models (LMs) trained on web-scale datasets are largely successful due to their ability to memorize large amounts of training data, even if only present in a few examples. These capabilities are often desirable in evaluation on…

Machine Learning · Computer Science 2024-11-04 Elvis Hsieh , Preston Fu , Jonathan Chen

Large Language Models (LLMs) demonstrate exceptional capabilities across general domains, yet their application to specialized sectors such as mortgage finance requires domain-specific knowledge augmentation while preserving…

Computation and Language · Computer Science 2025-12-10 Manish Jain , Satheesh Kumar Ponnambalam , Salman Faroz , Chandrakanth Lns , Vinay Sharma

Enhancing the complex reasoning capabilities of Large Language Models (LLMs) attracts widespread attention. While reinforcement learning (RL) has shown superior performance for improving complex reasoning, its impact on cross-lingual…

Computation and Language · Computer Science 2025-09-30 Shulin Huang , Yiran Ding , Junshu Pan , Yue Zhang

This study introduces a benchmark framework for evaluating the financial decision-making capabilities of large language models (LLMs) through portfolio optimization problems with mathematically explicit solutions. Unlike existing financial…

Portfolio Management · Quantitative Finance 2026-05-28 Hanyong Cho , Jang Ho Kim

Although Large Language Models (LLMs) excel in NLP tasks, they still need external tools to extend their ability. Current research on tool learning with LLMs often assumes mandatory tool use, which does not always align with real-world…

Computation and Language · Computer Science 2024-07-19 Kangyun Ning , Yisong Su , Xueqiang Lv , Yuanzhe Zhang , Jian Liu , Kang Liu , Jinan Xu