As large language models (LLMs) expand the power of natural language processing to handle long inputs, rigorous and systematic analyses are necessary to understand their abilities and behavior. A salient application is summarization, due to its ubiquity and controversy (e.g., researchers have declared the death of summarization). In this paper, we use financial report summarization as a case study because financial reports are not only long but also use numbers and tables extensively. We propose a computational framework for characterizing multimodal long-form summarization and investigate the behavior of Claude 2.0/2.1, GPT-4/3.5, and Cohere. We find that GPT-3.5 and Cohere fail to perform this summarization task meaningfully. For Claude 2 and GPT-4, we analyze the extractiveness of the summary and identify a position bias in LLMs. This position bias disappears after shuffling the input for Claude, which suggests that Claude seems to recognize important information. We also conduct a comprehensive investigation on the use of numeric data in LLM-generated summaries and offer a taxonomy of numeric hallucination. We employ prompt engineering to improve GPT-4's use of numbers with limited success. Overall, our analyses highlight the strong capability of Claude 2 in handling long multimodal inputs compared to GPT-4. The generated summaries and evaluation code are available at https://github.com/ChicagoHAI/characterizing-multimodal-long-form-summarization.
FinAudio: A Benchmark for Audio Large Language Models in Financial Applications
Stevens Institute of Technology(史蒂文斯理工学院);Columbia University(哥伦比亚大学);The Fin AI(Fin AI公司);Domyn(Domyn公司);Augusta University(奥古斯塔大学);The University of Manchester(曼彻斯特大学);University of Montreal(蒙特利尔大学)
Exploring Large Language Models for Financial Applications: Techniques, Performance, and Challenges with FinMA
Lyman Briggs College, Michigan State University(密歇根州立大学Lyman Briggs学院);Department of Finance, Michigan State University(密歇根州立大学金融系);African Institute for Mathematical Sciences, Rwanda(刚果(金)数学科学研究所)
MountainLion: A Multi-Modal LLM-Based Agent System for Interpretable and Adaptive Financial Trading
The University of Texas at Arlington(德克萨斯大学阿灵顿分校);Sichuan University(四川大学);Northwestern University(西北大学);Indiana University(印第安纳大学);Emory University(埃默里大学);Nankai University(南开大学);MountainLion Research(MountainLion研究机构);Xi’an University of Electronic Science and Technology(西安电子科技大学);Kyoto University(京都大学);University of North Carolina at Chapel Hill(北卡罗来纳大学教堂山分校);Nanjing university(南京大学);Tsinghua University(清华大学);University of Toronto(多伦多大学)
FinDeepResearch: Evaluating Deep Research Agents in Rigorous Financial Analysis
National University of Singapore(国立新加坡大学);Estates Pte Ltd(6Estates公司);Asian Institute of Digital Finance(亚洲数字金融研究所);Hefei University of Technology(合肥工业大学);University of Science and Technology of China(中国科学技术大学)
FinBen: A Holistic Financial Benchmark for Large Language Models
The Fin AI;Wuhan University(武汉大学);Sichuan University(四川大学);Columbia University(哥伦比亚大学);Jiangxi Normal University(江西师范大学);The University of Manchester(曼彻斯特大学);Stony Brook University(石溪大学);Stevens Institute of Technology(史蒂文斯理工学院);Yunnan University(云南大学);Nanjing Audit University(南京审计大学);University of Florida(佛罗里达大学);The Chinese University of Hong Kong, Shenzhen(香港中文大学(深圳));Southwest Jiaotong University(西南交通大学)
Characterizing Financial Market Coverage using Artificial Intelligence
LICEF Research Center, Université TÉLUQ(魁北克大学远程教育大学LICEF研究中心);LORIA, Université de Lorraine(洛林大学洛林计算机科学及其应用实验室);Université de Sherbrooke(舍布鲁克大学);Laplace Insights(拉普拉斯洞察公司)