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Every publicly traded company in the US is required to file an annual 10-K financial report, which contains a wealth of information about the company. In this paper, we propose an explainable deep-learning model, called FinBERT-XRC, that…

Risk Management · Quantitative Finance 2024-12-19 Xue Wen Tan , Stanley Kok

Relation extraction (RE) is a crucial task in natural language processing (NLP) that aims to identify and classify relationships between entities mentioned in text. In the financial domain, relation extraction plays a vital role in…

Computation and Language · Computer Science 2023-07-24 Pawan Kumar Rajpoot , Ankur Parikh

Relation extraction (RE) has achieved remarkable progress with the help of pre-trained language models. However, existing RE models are usually incapable of handling two situations: implicit expressions and long-tail relation classes,…

Computation and Language · Computer Science 2023-10-30 Pawan Kumar Rajpoot , Ankur Parikh

We present a methodology for extracting structured risk factors from corporate 10-K filings while maintaining adherence to a predefined hierarchical taxonomy. Our three-stage pipeline combines LLM extraction with supporting quotes,…

Computation and Language · Computer Science 2026-01-22 Rian Dolphin , Joe Dursun , Jarrett Blankenship , Katie Adams , Quinton Pike

We provide an overview of the relationship between financial networks and systemic risk. We present a taxonomy of different types of systemic risk, differentiating between direct externalities between financial organizations (e.g.,…

Risk Management · Quantitative Finance 2020-12-24 Matthew O. Jackson , Agathe Pernoud

Identifying inter-firm relationships such as supply and competitive ties is critical for financial analysis and corporate governance, yet remains challenging due to the scale, sparsity, and contextual dependence of corporate data.…

Machine Learning · Computer Science 2025-10-14 Qianyou Sun , Jiexin Zheng , Bohan Jin , Lihua Chen , Yijie Peng

Form 10-K report is a financial report disclosing the annual financial state of a public company. It is an important evidence to conduct financial analysis, i.e., asset pricing, corporate finance. Practitioners and researchers are…

Information Retrieval · Computer Science 2023-03-09 Yanci Zhang , Mengjia Xia , Mingyang Li , Haitao Mao , Yutong Lu , Yupeng Lan , Jinlin Ye , Rui Dai

Segment-level disclosures are a central component of financial reporting, providing insight into firms' internal organization and the allocation of economic activities across operating units. However, segment information is often presented…

Computation and Language · Computer Science 2026-05-26 Yue Liu , Zhiyuan Cheng , Longying Lai

Organizations around the world face an array of risks impacting their operations globally. It is imperative to have a robust risk identification process to detect and evaluate the impact of potential risks before they materialize. Given the…

Artificial Intelligence · Computer Science 2021-09-21 Mahmoud Mahfouz , Armineh Nourbakhsh , Sameena Shah

Financial reporting systems increasingly leverage Large Language Models (LLMs) to extract and summarize corporate disclosures. However, most existing approaches assume a single-market setting and overlook structural differences across…

Forms are a common type of document in real life and carry rich information through textual contents and the organizational structure. To realize automatic processing of forms, word grouping and relation extraction are two fundamental and…

Computation and Language · Computer Science 2021-05-12 Zilong Wang , Mingjie Zhan , Houxing Ren , Zhaohui Hou , Yuwei Wu , Xingyan Zhang , Ding Liang

Financial markets exhibit complex dynamics where localized events trigger ripple effects across entities. Previous event studies, constrained by static single-company analyses and simplistic assumptions, fail to capture these ripple…

Social and Information Networks · Computer Science 2025-06-02 Yuanjian Xu , Jianing Hao , Kunsheng Tang , Jingnan Chen , Anxian Liu , Peng Liu , Guang Zhang

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

Detecting fraud in financial transactions typically relies on tabular models that demand heavy feature engineering to handle high-dimensional data and offer limited interpretability, making it difficult for humans to understand predictions.…

Machine Learning · Computer Science 2026-04-10 Xuwei Tan , Yao Ma , Xueru Zhang

This paper explores the application of Natural Language Processing (NLP) in financial risk detection. By constructing an NLP-based financial risk detection model, this study aims to identify and predict potential risks in financial…

Risk Management · Quantitative Finance 2024-06-21 Liyang Wang , Yu Cheng , Ao Xiang , Jingyu Zhang , Haowei Yang

The global financial system can be represented as a large complex network in which banks, hedge funds and other financial institutions are interconnected to each other through visible and invisible financial linkages. Recently, a lot of…

Risk Management · Quantitative Finance 2018-04-11 Fabio Caccioli , Paolo Barucca , Teruyoshi Kobayashi

Financial disclosures such as 10-K filings present challenging retrieval problems due to their length, regulatory section hierarchy, and domain-specific language, which standard retrieval-augmented generation (RAG) models underuse. We…

Computational Engineering, Finance, and Science · Computer Science 2025-09-16 Ying Li , Mengyu Wang , Miguel de Carvalho , Sotirios Sabanis , Tiejun Ma

Relation extraction models trained on a source domain cannot be applied on a different target domain due to the mismatch between relation sets. In the current literature, there is no extensive open-source relation extraction dataset…

Computation and Language · Computer Science 2023-06-07 Soumya Sharma , Tapas Nayak , Arusarka Bose , Ajay Kumar Meena , Koustuv Dasgupta , Niloy Ganguly , Pawan Goyal

Accurate and robust stock trend forecasting has been a crucial and challenging task, as stock price changes are influenced by multiple factors. Graph neural network-based methods have recently achieved remarkable success in this domain by…

Statistical Finance · Quantitative Finance 2024-10-11 Yingjie Niu , Lanxin Lu , Rian Dolphin , Valerio Poti , Ruihai Dong

Document-level relation extraction (DocRE) is a task that focuses on identifying relations between entities within a document. However, existing DocRE models often overlook the correlation between relations and lack a quantitative analysis…

Information Retrieval · Computer Science 2023-10-23 Yusheng Huang , Zhouhan Lin
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