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As Large Language Models (LLMs) become increasingly integrated into real-world, autonomous applications, relying on static, pre-annotated references for evaluation poses significant challenges in cost, scalability, and completeness. We…

Computation and Language · Computer Science 2025-06-23 Sher Badshah , Ali Emami , Hassan Sajjad

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…

Large language models (LLMs) have exhibited an array of reasoning capabilities but face challenges like error propagation and hallucination, particularly in specialised areas like finance, where data is heterogeneous, and precision is…

Computation and Language · Computer Science 2024-01-31 Adrian Theuma , Ehsan Shareghi

Detecting fraud in financial transactions typically relies on tabular models that demand heavy feature engineering to handle high-dimensional data and offer limited interpretability, making it difficult for humans to understand predictions.…

Machine Learning · Computer Science 2026-04-10 Xuwei Tan , Yao Ma , Xueru Zhang

As financial institutions increasingly adopt Large Language Models (LLMs), rigorous domain-specific evaluation becomes critical for responsible deployment. This paper presents a comprehensive benchmark evaluating 23 state-of-the-art LLMs on…

Computation and Language · Computer Science 2025-09-23 Pranam Shetty , Abhisek Upadhayaya , Parth Mitesh Shah , Srikanth Jagabathula , Shilpi Nayak , Anna Joo Fee

Large language models (LLMs) show promise for natural language tasks but struggle when applied directly to complex domains like finance. LLMs have difficulty reasoning about and integrating all relevant information. We propose a…

Computation and Language · Computer Science 2023-11-15 Zhixuan Chu , Huaiyu Guo , Xinyuan Zhou , Yijia Wang , Fei Yu , Hong Chen , Wanqing Xu , Xin Lu , Qing Cui , Longfei Li , Jun Zhou , Sheng Li

Recent advances in large language models (LLMs) have unlocked novel opportunities for machine learning applications in the financial domain. These models have demonstrated remarkable capabilities in understanding context, processing vast…

General Finance · Quantitative Finance 2024-06-19 Yuqi Nie , Yaxuan Kong , Xiaowen Dong , John M. Mulvey , H. Vincent Poor , Qingsong Wen , Stefan Zohren

This paper investigates the application of large language models (LLMs) to financial tasks. We fine-tuned foundation models using the Open FinLLM Leaderboard as a benchmark. Building on Qwen2.5 and Deepseek-R1, we employed techniques…

Computation and Language · Computer Science 2025-04-18 Varun Rao , Youran Sun , Mahendra Kumar , Tejas Mutneja , Agastya Mukherjee , Haizhao Yang

Transformer based language models (LMs) demonstrate increasing performance with scale across a wide variety of tasks. Scale alone however cannot enable models to solve tasks that require access to ephemeral, changing, or private data that…

Computation and Language · Computer Science 2022-05-25 Aaron Parisi , Yao Zhao , Noah Fiedel

Language Models (LMs) have demonstrated impressive capabilities with core Natural Language Processing (NLP) tasks. The effectiveness of LMs for highly specialized knowledge-intensive tasks in finance remains difficult to assess due to major…

Computation and Language · Computer Science 2025-06-23 Glenn Matlin , Mika Okamoto , Huzaifa Pardawala , Yang Yang , Sudheer Chava

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

This paper introduces the UCFE: User-Centric Financial Expertise benchmark, an innovative framework designed to evaluate the ability of large language models (LLMs) to handle complex real-world financial tasks. UCFE benchmark adopts a…

Computational Finance · Quantitative Finance 2025-02-10 Yuzhe Yang , Yifei Zhang , Yan Hu , Yilin Guo , Ruoli Gan , Yueru He , Mingcong Lei , Xiao Zhang , Haining Wang , Qianqian Xie , Jimin Huang , Honghai Yu , Benyou Wang

Large Language Models (LLMs) have demonstrated some significant capabilities across various domains; however, their effectiveness in spreadsheet related tasks remains underexplored. This study introduces a foundation for a comprehensive…

Software Engineering · Computer Science 2025-06-24 Simon Thorne

The rapid advancements in Large Language Models (LLMs) have unlocked transformative possibilities in natural language processing, particularly within the financial sector. Financial data is often embedded in intricate relationships across…

Statistical Finance · Quantitative Finance 2026-05-21 Alejandro Lopez-Lira , Jihoon Kwon , Sangwoon Yoon , Jy-yong Sohn , Chanyeol Choi

Large Language Models (LLMs) excel in general tasks but struggle with domain-specific challenges, such as specialized terminology and localized regulations. Existing financial LLMs, like FinGPT and BloombergGPT, lack support for the Thai…

The rapid advancement of large language models presents significant opportunities for financial applications, yet systematic evaluation in specialized financial contexts remains limited. This study presents the first comprehensive…

Computation and Language · Computer Science 2025-09-08 Xuan Yao , Qianteng Wang , Xinbo Liu , Ke-Wei Huang

Large Language Models (LLMs), excel in natural language understanding, but their capability for complex mathematical reasoning with an amalgamation of structured tables and unstructured text is uncertain. This study explores LLMs'…

Computation and Language · Computer Science 2025-10-10 Pragya Srivastava , Manuj Malik , Vivek Gupta , Tanuja Ganu , Dan Roth

Retrieval-augmented large language models (R-LLMs) combine pre-trained large language models (LLMs) with information retrieval systems to improve the accuracy of factual question-answering. However, current libraries for building R-LLMs…

Computation and Language · Computer Science 2023-10-17 Yasuto Hoshi , Daisuke Miyashita , Youyang Ng , Kento Tatsuno , Yasuhiro Morioka , Osamu Torii , Jun Deguchi

As large language models (LLMs) advance, it becomes more challenging to reliably evaluate their output due to the high costs of human evaluation. To make progress towards better LLM autoraters, we introduce FLAMe, a family of Foundational…

Computation and Language · Computer Science 2024-07-16 Tu Vu , Kalpesh Krishna , Salaheddin Alzubi , Chris Tar , Manaal Faruqui , Yun-Hsuan Sung

The domain adaptation of language models, including large language models (LLMs), has become increasingly important as the use of such models continues to expand. This study demonstrates the effectiveness of Composition to Augment Language…

Computation and Language · Computer Science 2025-01-22 Kota Tanabe , Masanori Hirano , Kazuki Matoya , Kentaro Imajo , Hiroki Sakaji , Itsuki Noda
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