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Large language models (LLMs) are increasingly being applied to financial analysis, reporting, investment decision support, risk management, compliance, and professional training. However, robust evaluation of their domain competence in…

FinanceQA is a testing suite that evaluates LLMs' performance on complex numerical financial analysis tasks that mirror real-world investment work. Despite recent advances, current LLMs fail to meet the strict accuracy requirements of…

Machine Learning · Computer Science 2025-01-31 Spencer Mateega , Carlos Georgescu , Danny Tang

The financial domain frequently deals with large numbers of long documents that are essential for daily operations. Significant effort is put towards automating financial data analysis. However, a persistent challenge, not limited to the…

Computation and Language · Computer Science 2024-06-21 Viet Dac Lai , Michael Krumdick , Charles Lovering , Varshini Reddy , Craig Schmidt , Chris Tanner

With the increasing deployment of Large Language Models (LLMs) in the finance domain, LLMs are increasingly expected to parse complex regulatory disclosures. However, existing benchmarks often focus on isolated details, failing to reflect…

Computational Engineering, Finance, and Science · Computer Science 2026-02-17 Yidong Jiang , Junrong Chen , Eftychia Makri , Jialin Chen , Peiwen Li , Ali Maatouk , Leandros Tassiulas , Eliot Brenner , Bing Xiang , Rex Ying

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

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

Evaluating Large Language Models (LLMs) is crucial for understanding their capabilities and limitations across various applications, including natural language processing and code generation. Existing benchmarks like MMLU, C-Eval, and…

Cryptography and Security · Computer Science 2025-01-07 Pengfei Jing , Mengyun Tang , Xiaorong Shi , Xing Zheng , Sen Nie , Shi Wu , Yong Yang , Xiapu Luo

Large language models (LLMs) are gaining increasing popularity in software engineering (SE) due to their unprecedented performance across various applications. These models are increasingly being utilized for a range of SE tasks, including…

Software Engineering · Computer Science 2025-11-05 Xing Hu , Feifei Niu , Junkai Chen , Xin Zhou , Junwei Zhang , Junda He , Xin Xia , David Lo

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

Artificial Intelligence (AI) technology has emerged as a transformative force in financial analysis and the finance industry, though significant questions remain about the full capabilities of Large Language Model (LLM) agents in this…

Computational Engineering, Finance, and Science · Computer Science 2025-08-05 Antoine Bigeard , Langston Nashold , Rayan Krishnan , Shirley Wu

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

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

Rigorous security-focused evaluation of large language model (LLM) agents is imperative for establishing trust in their safe deployment throughout the software development lifecycle. However, existing benchmarks largely rely on synthetic…

Machine Learning · Computer Science 2025-10-23 Hwiwon Lee , Ziqi Zhang , Hanxiao Lu , Lingming Zhang

As Large Language Models (LLMs) advance, their potential for widespread societal impact grows simultaneously. Hence, rigorous LLM evaluations are both a technical necessity and social imperative. While numerous evaluation benchmarks have…

Computation and Language · Computer Science 2025-04-22 Jaime Raldua Veuthey , Zainab Ali Majid , Suhas Hariharan , Jacob Haimes

Recent deployments of large language models (LLMs) as autonomous trading agents raise questions about whether financial decision-making competence generalizes beyond specific market patterns and how it should be trained and evaluated in…

Machine Learning · Computer Science 2026-04-21 Yuchen Pan , Soung Chang Liew

Large Language Models (LLMs) have significantly impacted numerous domains, including Software Engineering (SE). Many recent publications have explored LLMs applied to various SE tasks. Nevertheless, a comprehensive understanding of the…

Software Engineering · Computer Science 2024-04-11 Xinyi Hou , Yanjie Zhao , Yue Liu , Zhou Yang , Kailong Wang , Li Li , Xiapu Luo , David Lo , John Grundy , Haoyu Wang

Large Language Models (LLMs) have shown promise for financial applications, yet their suitability for this high-stakes domain remains largely unproven due to inadequacies in existing benchmarks. Existing benchmarks solely rely on…

Computational Engineering, Finance, and Science · Computer Science 2025-08-26 Ziyan Kuang , Feiyu Zhu , Maowei Jiang , Yanzhao Lai , Zelin Wang , Zhitong Wang , Meikang Qiu , Jiajia Huang , Min Peng , Qianqian Xie , Sophia Ananiadou

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

The number of companies listed on the NYSE has been growing exponentially, creating a significant challenge for market analysts, traders, and stockholders who must monitor and assess the performance and strategic shifts of a large number of…

Artificial Intelligence · Computer Science 2024-09-27 Syed Affan Daimi , Asma Iqbal

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
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