Leveraging Large Language Models for Few-Shot KPI Extraction from Financial Reports
We explore the use of Large Language Models (LLMs) for automating the extraction of Key Performance Indicators (KPIs) from diverse financial reports without any additional fine-tuning. We focus on evaluating various proprietary and open-source LLMs to address the joint named entity recognition and relation extraction tasks essential for accurately linking KPIs to their corresponding values and attributes. Our study highlights the technical challenges involved in the extraction process and presents a comprehensive evaluation of the models’ effectiveness. Our results reveal significant insights into handling these LLMs in such a crucial environment and showcase the transformative potential of LLMs in enhancing financial analysis and decision-making.
Authors
- Tobias Deußer (ORCID: https://orcid.org/0000-0003-4685-0847)
- Christian Bauckhage (ORCID: https://orcid.org/0000-0001-6615-2128)
- Cong Zhao (ORCID: https://orcid.org/0000-0001-7186-0567)
- Rafet Sifa
- Lars Hillebrand (ORCID: https://orcid.org/0000-0002-5496-4177)
- Daniel Uedelhoven
- Lorenz Sparrenberg
Institutions
- University of Bonn (DE)
- Fraunhofer Institute for Intelligent Analysis and Information Systems (DE)
Publication Details
- Published
- 2024-12-15
- DOI
- https://doi.org/10.1109/bigdata62323.2024.10825458
- Citations
- 3
- Primary Topic
- Stock Market Forecasting Methods
- Type
- article
- Field-Weighted Citation Impact
- 1.47
Funders
- Ministry of Education