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Large language models (LLMs) are increasingly being deployed across disciplines due to their advanced reasoning and problem solving capabilities. To measure their effectiveness, various benchmarks have been developed that measure aspects of…

In the financial industry, credit scoring is a fundamental element, shaping access to credit and determining the terms of loans for individuals and businesses alike. Traditional credit scoring methods, however, often grapple with challenges…

Machine Learning · Computer Science 2024-02-20 Duanyu Feng , Yongfu Dai , Jimin Huang , Yifang Zhang , Qianqian Xie , Weiguang Han , Zhengyu Chen , Alejandro Lopez-Lira , Hao Wang

A Large Language Model (LLM) represents a cutting-edge artificial intelligence model that generates coherent content, including grammatically precise sentences, human-like paragraphs, and syntactically accurate code snippets. LLMs can play…

Software Engineering · Computer Science 2023-12-11 Robson Santos , Italo Santos , Cleyton Magalhaes , Ronnie de Souza Santos

Solving financial problems demands complex reasoning, multimodal data processing, and a broad technical understanding, presenting unique challenges for current large language models (LLMs). We introduce XFinBench, a novel benchmark with…

Computation and Language · Computer Science 2025-08-25 Zhihan Zhang , Yixin Cao , Lizi Liao

Large Language Models (LLMs) have demonstrated impressive capabilities across a range of scientific tasks including mathematics, physics, and chemistry. Despite their successes, the effectiveness of LLMs in handling complex statistical…

Computation and Language · Computer Science 2024-10-11 Yizhang Zhu , Shiyin Du , Boyan Li , Yuyu Luo , Nan Tang

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…

From pre-trained language model (PLM) to large language model (LLM), the field of natural language processing (NLP) has witnessed steep performance gains and wide practical uses. The evaluation of a research field guides its direction of…

Computation and Language · Computer Science 2023-08-16 Ziyu Zhuang , Qiguang Chen , Longxuan Ma , Mingda Li , Yi Han , Yushan Qian , Haopeng Bai , Zixian Feng , Weinan Zhang , Ting Liu

The exponential growth of financial research has rendered traditional systematic literature reviews (SLRs) increasingly impractical, as manual screening and narrative synthesis struggle to keep pace with the scale and complexity of modern…

Computational Finance · Quantitative Finance 2026-04-17 Wei Wei , Jin Zheng , Zining Wang , Weibin Feng

Large language models (LLMs) are increasingly deployed in quantitative finance for stock price forecasting. This review synthesizes recent applications of LLMs in this domain, including extracting sentiment from financial news and social…

Pricing of Securities · Quantitative Finance 2026-05-08 Olivia Zhang , Zhilin Zhang

Large language models (LLMs) are essential tools that users employ across various scenarios, so evaluating their performance and guiding users in selecting the suitable service is important. Although many benchmarks exist, they mainly focus…

Computation and Language · Computer Science 2024-09-23 Jiayin Wang , Fengran Mo , Weizhi Ma , Peijie Sun , Min Zhang , Jian-Yun Nie

We introduce a large language model (LLM) based approach to answer complex questions requiring multi-hop numerical reasoning over financial reports. While LLMs have exhibited remarkable performance on various natural language and reasoning…

Computation and Language · Computer Science 2023-11-28 Karmvir Singh Phogat , Chetan Harsha , Sridhar Dasaratha , Shashishekar Ramakrishna , Sai Akhil Puranam

With the recent undeniable advancement in reasoning abilities in large language models (LLMs) like ChatGPT and GPT-4, there is a growing trend for using LLMs on various tasks. One area where LLMs can be employed is as an alternative…

Computation and Language · Computer Science 2023-10-23 Chenhui Shen , Liying Cheng , Xuan-Phi Nguyen , Yang You , Lidong Bing

Large Language Models (LLMs) are increasingly integrated into financial workflows, but evaluation practice has not kept up. Finance-specific biases can inflate performance, contaminate backtests, and make reported results useless for any…

Systematic reviews traditionally have taken considerable amounts of human time and energy to complete, in part due to the extensive number of titles and abstracts that must be reviewed for potential inclusion. Recently, researchers have…

Computation and Language · Computer Science 2026-03-27 Kweku Yamoah , Noah Schroeder , Emmanuel Dorley , Neha Rani , Caleb Schutz

The planning ability of Large Language Models (LLMs) has garnered increasing attention in recent years due to their remarkable capacity for multi-step reasoning and their ability to generalize across a wide range of domains. While some…

Artificial Intelligence · Computer Science 2025-02-19 Mohamed Aghzal , Erion Plaku , Gregory J. Stein , Ziyu Yao

Selecting language models in business contexts requires a careful analysis of the final financial benefits of the investment. However, the emphasis of academia and industry analysis of LLM is solely on performance. This work introduces a…

Artificial Intelligence · Computer Science 2024-05-29 Geraldo Xexéo , Filipe Braida , Marcus Parreiras , Paulo Xavier

This systematic literature review comprehensively examines the application of Large Language Models (LLMs) in forecasting and anomaly detection, highlighting the current state of research, inherent challenges, and prospective future…

Machine Learning · Computer Science 2024-02-19 Jing Su , Chufeng Jiang , Xin Jin , Yuxin Qiao , Tingsong Xiao , Hongda Ma , Rong Wei , Zhi Jing , Jiajun Xu , Junhong Lin

Large Language Models (LLMs) are finding applications in numerous domains, and Requirements Engineering (RE) is increasingly benefiting from their capabilities to assist with complex, language-intensive tasks. This paper presents a…

Software Engineering · Computer Science 2025-09-16 Mohammad Amin Zadenoori , Jacek Dąbrowski , Waad Alhoshan , Liping Zhao , Alessio Ferrari

Large Language Models (LLMs) are transformative not only for daily activities but also for engineering tasks. However, current evaluations of LLMs in engineering exhibit two critical shortcomings: (i) the reliance on simplified use cases,…

Artificial Intelligence · Computer Science 2025-05-21 Rene Heesch , Sebastian Eilermann , Alexander Windmann , Alexander Diedrich , Philipp Rosenthal , Oliver Niggemann

Large Language Models (LLMs) ) have demonstrated promise in boosting productivity across AI-powered tools, yet existing benchmarks like Massive Multitask Language Understanding (MMLU) inadequately assess enterprise-specific task…

Artificial Intelligence · Computer Science 2025-06-26 Liya Wang , David Yi , Damien Jose , John Passarelli , James Gao , Jordan Leventis , Kang Li