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How far are Large Language Models (LLMs) in performing deep relational reasoning? In this paper, we evaluate and compare the reasoning capabilities of three cutting-edge LLMs, namely, DeepSeek-R1, DeepSeek-V3 and GPT-4o, through a suite of…

Artificial Intelligence · Computer Science 2025-07-01 Chi Chiu So , Yueyue Sun , Jun-Min Wang , Siu Pang Yung , Anthony Wai Keung Loh , Chun Pong Chau

Mathematical reasoning is a hallmark of human intelligence, and whether large language models (LLMs) can meaningfully perform it remains a central question in artificial intelligence and cognitive science. As LLMs are increasingly…

Computation and Language · Computer Science 2026-04-03 Linyang He , Qiyao Yu , Hanze Dong , Baohao Liao , Xinxing Xu , Micah Goldblum , Jiang Bian , Nima Mesgarani

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

Recent advances in large language models (LLMs), particularly those enhanced through reinforced post-training, have demonstrated impressive reasoning capabilities, as exemplified by models such as OpenAI o1 and DeepSeek-R1. However, these…

Artificial Intelligence · Computer Science 2026-04-02 Miho Koda , Yu Zheng , Ruixian Ma , Mingyang Sun , Devesh Pansare , Fabio Duarte , Paolo Santi

We introduce FIRE, a comprehensive benchmark designed to evaluate both the theoretical financial knowledge of LLMs and their ability to handle practical business scenarios. For theoretical assessment, we curate a diverse set of examination…

Artificial Intelligence · Computer Science 2026-02-27 Xiyuan Zhang , Huihang Wu , Jiayu Guo , Zhenlin Zhang , Yiwei Zhang , Liangyu Huo , Xiaoxiao Ma , Jiansong Wan , Xuewei Jiao , Yi Jing , Jian Xie

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

Process Reward Models (PRMs) supervise intermediate reasoning steps in large language models (LLMs), but existing PRMs are mainly trained on general-domain data and struggle with the structured, symbolic, and fact-sensitive nature of…

Computation and Language · Computer Science 2026-05-05 Jie Zhu , Yuanchen Zhou , Shuo Jiang , Junhui Li , Lifan Guo , Feng Chen , Chi Zhang

As large language models (LLMs) increasingly permeate the financial sector, there is a pressing need for a standardized method to comprehensively assess their performance. Existing financial benchmarks often suffer from limited language and…

Computation and Language · Computer Science 2025-12-09 Xiaojun Wu , Junxi Liu , Huanyi Su , Zhouchi Lin , Yiyan Qi , Chengjin Xu , Jiajun Su , Jiajie Zhong , Fuwei Wang , Saizhuo Wang , Fengrui Hua , Jia Li , Jian Guo

Recent studies demonstrate that tool-calling capability enables large language models (LLMs) to interact with external environments for long-horizon financial tasks. While existing benchmarks have begun evaluating financial tool calling,…

Despite the remarkable proficiency of \textit{Large Reasoning Models} (LRMs) in handling complex reasoning tasks, their reliability in safety-critical scenarios remains uncertain. Existing evaluations primarily assess response-level safety,…

Artificial Intelligence · Computer Science 2025-05-27 Baihui Zheng , Boren Zheng , Kerui Cao , Yingshui Tan , Zhendong Liu , Weixun Wang , Jiaheng Liu , Jian Yang , Wenbo Su , Xiaoyong Zhu , Bo Zheng , Kaifu Zhang

Search has emerged as core infrastructure for LLM-based agents and is widely viewed as critical on the path toward more general intelligence. Finance is a particularly demanding proving ground: analysts routinely conduct complex, multi-step…

Real-world decision-making often requires integrating and reasoning over information from multiple modalities. While recent multimodal large language models (MLLMs) have shown promise in such tasks, their ability to perform multi-hop…

Computation and Language · Computer Science 2025-06-02 Seunghee Kim , Changhyeon Kim , Taeuk Kim

Despite impressive results on curated benchmarks, the practical impact of large language models (LLMs) on research-level neural theorem proving and proof autoformalization is still limited. We introduce RLMEval, an evaluation suite for…

Computation and Language · Computer Science 2025-10-30 Auguste Poiroux , Antoine Bosselut , Viktor Kunčak

Large language models (LLMs), a recent advance in deep learning and machine intelligence, have manifested astonishing capacities, now considered among the most promising for artificial general intelligence. With human-like capabilities,…

Artificial Intelligence · Computer Science 2025-09-19 Zhilun Zhou , Jing Yi Wang , Nicholas Sukiennik , Chen Gao , Fengli Xu , Yong Li , James Evans

Financial sentiment analysis is critical for valuation and investment decision-making. Traditional NLP models, however, are limited by their parameter size and the scope of their training datasets, which hampers their generalization…

Computation and Language · Computer Science 2023-11-07 Boyu Zhang , Hongyang Yang , Tianyu Zhou , Ali Babar , Xiao-Yang Liu

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

Reliable financial reasoning requires knowing not only how to answer, but also when an answer cannot be justified. In real financial practice, problems often rely on implicit assumptions that are taken for granted rather than stated…

Statistical Finance · Quantitative Finance 2026-04-28 Yuyang Dai , Yan Lin , Zhuohan Xie , Yuxia Wang

This paper investigates the mathematical reasoning capabilities of large language models (LLMs) using 50 newly constructed high-school-level word problems. Unlike prior studies that focus solely on answer correctness, we rigorously analyze…

Artificial Intelligence · Computer Science 2025-02-24 Johan Boye , Birger Moell

While logical reasoning evaluation of Large Language Models (LLMs) has attracted significant attention, existing benchmarks predominantly rely on multiple-choice formats that are vulnerable to random guessing, leading to overestimated…

Computation and Language · Computer Science 2025-02-25 Qin Zhu , Fei Huang , Runyu Peng , Keming Lu , Bowen Yu , Qinyuan Cheng , Xipeng Qiu , Xuanjing Huang , Junyang Lin

As concerns surrounding AI-driven labor displacement intensify in knowledge-intensive sectors, existing benchmarks fail to measure performance on tasks that define practical professional expertise. Finance, in particular, has been…