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Related papers: Finance Language Model Evaluation (FLaME)

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Large Language Models (LLMs) have recently been leveraged for asset pricing tasks and stock trading applications, enabling AI agents to generate investment decisions from unstructured financial data. However, most evaluations of LLM…

Trading and Market Microstructure · Quantitative Finance 2026-05-26 Weixian Waylon Li , Hyeonjun Kim , Mihai Cucuringu , Tiejun Ma

A core part of legal work that has been under-explored in Legal NLP is the writing and editing of legal briefs. This requires not only a thorough understanding of the law of a jurisdiction, from judgments to statutes, but also the ability…

Computation and Language · Computer Science 2025-06-23 Jesse Woo , Fateme Hashemi Chaleshtori , Ana Marasović , Kenneth Marino

While Large Language Models (LLMs) are fundamentally next-token prediction systems, their practical applications extend far beyond this basic function. From natural language processing and text generation to conversational assistants and…

Computation and Language · Computer Science 2025-03-10 Vishakha Agrawal , Archie Chaudhury , Shreya Agrawal

The rapid development and dynamic nature of large language models (LLMs) make it difficult for conventional quantitative benchmarks to accurately assess their capabilities. We propose report cards, which are human-interpretable, natural…

Machine Learning · Computer Science 2024-09-04 Blair Yang , Fuyang Cui , Keiran Paster , Jimmy Ba , Pashootan Vaezipoor , Silviu Pitis , Michael R. Zhang

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

Sentiment analysis is a vital tool for uncovering insights from financial articles, news, and social media, shaping our understanding of market movements. Despite the impressive capabilities of large language models (LLMs) in financial…

Computation and Language · Computer Science 2023-06-23 Boyu Zhang , Hongyang Yang , Xiao-Yang Liu

We present FinMMR, a novel bilingual multimodal benchmark tailored to evaluate the reasoning capabilities of multimodal large language models (MLLMs) in financial numerical reasoning tasks. Compared to existing benchmarks, our work…

Language models (LMs) represent an emerging paradigm within artificial intelligence, with applications throughout the medical enterprise. A comprehensive understanding of the clinical task and awareness of the variability in performance…

Machine Learning · Computer Science 2026-03-09 Victor Garcia , Mariia Sidulova , Aldo Badano

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

This paper investigates the capabilities of large language models (LLMs) in formulating and solving decision-making problems using mathematical programming. We first conduct a systematic review and meta-analysis of recent literature to…

Artificial Intelligence · Computer Science 2025-08-26 Mohammad J. Abdel-Rahman , Yasmeen Alslman , Dania Refai , Amro Saleh , Malik A. Abu Loha , Mohammad Yahya Hamed

Large Language Models (LLMs) achieve impressive performance in a wide range of tasks, even if they are often trained with the only objective of chatting fluently with users. Among other skills, LLMs show emergent abilities in mathematical…

Computation and Language · Computer Science 2024-06-12 Flavio Petruzzellis , Alberto Testolin , Alessandro Sperduti

Text-to-SQL, the task of translating natural language questions into SQL queries, has long been a central challenge in NLP. While progress has been significant, applying it to the financial domain remains especially difficult due to complex…

Computational Finance · Quantitative Finance 2025-10-03 Avinash Kumar Singh , Bhaskarjit Sarmah , Stefano Pasquali

Natural Language Processing (NLP) is witnessing a remarkable breakthrough driven by the success of Large Language Models (LLMs). LLMs have gained significant attention across academia and industry for their versatile applications in text…

Computation and Language · Computer Science 2024-04-16 Taojun Hu , Xiao-Hua Zhou

The emergent phenomena of large foundation models have revolutionized natural language processing. However, evaluating these models presents significant challenges due to their size, capabilities, and deployment across diverse applications.…

Computation and Language · Computer Science 2025-02-17 Jiayi Yuan , Jiamu Zhang , Andrew Wen , Xia Hu

Recently, large language models (LLMs) with hundreds of billions of parameters have demonstrated the emergent ability, surpassing traditional methods in various domains even without fine-tuning over domain-specific data. However, when it…

Computation and Language · Computer Science 2025-03-10 Xinyu Wei , Luojia Liu

Large language models (LLMs) are being increasingly integrated into legal applications, including judicial decision support, legal practice assistance, and public-facing legal services. While LLMs show strong potential in handling legal…

Large Language Models (LLMs) have become capable of generating highly fluent text in certain languages, without modules specially designed to capture grammar or semantic coherence. What does this mean for the future of linguistic expertise…

Computation and Language · Computer Science 2025-10-17 Juri Opitz , Shira Wein , Nathan Schneider

The usual way to interpret language models (LMs) is to test their performance on different benchmarks and subsequently infer their internal processes. In this paper, we present an alternative approach, concentrating on the quality of LM…

Computation and Language · Computer Science 2024-06-11 Lucas Weber , Jaap Jumelet , Elia Bruni , Dieuwke Hupkes

The rapid advancement of Large Language Models (LLMs) has led to a surge of financial benchmarks, evolving from static knowledge evaluation toward interactive trading simulations. However, existing frameworks for evaluating real-time…

Trading and Market Microstructure · Quantitative Finance 2026-05-28 Wentao Zhang , Mingxuan Zhao , Jincheng Gao , Jieshun You , Huaiyu Jia , Yilei Zhao , Bo An , Shuo Sun

As Large Language Models (LLMs) are now capable of producing fluent and coherent content in languages other than English, it is not imperative to precisely evaluate these non-English outputs. However, when assessing the outputs from…