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Artificial intelligence is making significant strides in the finance industry, revolutionizing how data is processed and interpreted. Among these technologies, large language models (LLMs) have demonstrated substantial potential to…

Computation and Language · Computer Science 2024-07-02 Cehao Yang , Chengjin Xu , Yiyan Qi

To facilitate robust and trustworthy deployment of large language models (LLMs), it is essential to quantify the reliability of their generations through uncertainty estimation. While recent efforts have made significant advancements by…

Computation and Language · Computer Science 2025-07-22 Rui Li , Jing Long , Muge Qi , Heming Xia , Lei Sha , Peiyi Wang , Zhifang Sui

This study presents a novel benchmark for evaluating Large Language Models (LLMs) using challenges derived from the Financial Modeling World Cup (FMWC) Excel competitions. We introduce a methodology for converting 113 existing FMWC…

Machine Learning · Computer Science 2025-05-09 David Noever , Forrest McKee

Large language models (LLMs) are increasingly deployed in financial contexts, raising critical concerns about reliability, alignment, and susceptibility to adversarial manipulation. While prior finance-related benchmarks assess LLMs'…

Computation and Language · Computer Science 2026-05-12 Xiaoyu Hu , Jinman Zhao

The emergence of Large Language Models (LLMs), such as ChatGPT, has revolutionized general natural language preprocessing (NLP) tasks. However, their expertise in the financial domain lacks a comprehensive evaluation. To assess the ability…

Computation and Language · Computer Science 2023-10-20 Yue Guo , Zian Xu , Yi Yang

Large Language Models (LLMs) have made remarkable progress, surpassing human performance on several benchmarks in domains such as mathematics and coding. A key driver of this progress has been the development of benchmark datasets. In…

Statistical Finance · Quantitative Finance 2026-03-06 Issa Sugiura , Takashi Ishida , Taro Makino , Chieko Tazuke , Takanori Nakagawa , Kosuke Nakago , David Ha

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

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

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

Evaluation of large language model (LLM) outputs requires users to make critical judgments about the best outputs across various configurations. This process is costly and takes time given the large amounts of data. LLMs are increasingly…

Financial tasks are pivotal to global economic stability; however, their execution faces challenges including labor intensive processes, low error tolerance, data fragmentation, and tool limitations. Although large language models (LLMs)…

Artificial Intelligence · Computer Science 2025-05-21 Junzhe Jiang , Chang Yang , Aixin Cui , Sihan Jin , Ruiyu Wang , Bo Li , Xiao Huang , Dongning Sun , Xinrun Wang

Large Language Models (LLMs) have shown strong capabilities across many domains, yet their evaluation in financial quantitative tasks remains fragmented and mostly limited to knowledge-centric question answering. We introduce QuantEval, a…

Financial statement auditing is essential for stakeholders to understand a company's financial health, yet current manual processes are inefficient and error-prone. Even with extensive verification procedures, auditors frequently miss…

Information Retrieval · Computer Science 2025-06-24 Rushi Wang , Jiateng Liu , Weijie Zhao , Shenglan Li , Denghui Zhang

Large Language Models (LLMs) have demonstrated significant potential in decision-making and reasoning, particularly when integrated with various tools to effectively solve complex problems. However, existing benchmarks for evaluating LLMs'…

Although large language models (LLMs) has shown great performance on natural language processing (NLP) in the financial domain, there are no publicly available financial tailtored LLMs, instruction tuning datasets, and evaluation…

Computation and Language · Computer Science 2023-06-12 Qianqian Xie , Weiguang Han , Xiao Zhang , Yanzhao Lai , Min Peng , Alejandro Lopez-Lira , Jimin Huang

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…

This paper introduces \textbf{FinMCP-Bench}, a novel benchmark for evaluating large language models (LLMs) in solving real-world financial problems through tool invocation of financial model context protocols. FinMCP-Bench contains 613…

Artificial Intelligence · Computer Science 2026-03-27 Jie Zhu , Yimin Tian , Boyang Li , Kehao Wu , Zhongzhi Liang , Junhui Li , Xianyin Zhang , Lifan Guo , Feng Chen , Yong Liu , Chi Zhang

Large language models (LLMs) achieve remarkable success in natural language processing (NLP). In practical scenarios like recommendations, as users increasingly seek personalized experiences, it becomes crucial to incorporate user…

Information Retrieval · Computer Science 2025-04-02 Langming Liu , Shilei Liu , Yujin Yuan , Yizhen Zhang , Bencheng Yan , Zhiyuan Zeng , Zihao Wang , Jiaqi Liu , Di Wang , Wenbo Su , Pengjie Wang , Jian Xu , Bo Zheng

We introduce UniversalCEFR, a large-scale multilingual and multidimensional dataset of texts annotated with CEFR (Common European Framework of Reference) levels in 13 languages. To enable open research in automated readability and language…

Large language models (LLMs) are powerful tools capable of handling diverse tasks. Comparing and selecting appropriate LLMs for specific tasks requires systematic evaluation methods, as models exhibit varying capabilities across different…

Computation and Language · Computer Science 2025-06-04 Anna Sokol , Elizabeth Daly , Michael Hind , David Piorkowski , Xiangliang Zhang , Nuno Moniz , Nitesh Chawla