Benchmark Almanac

CFLUE

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Models answer Chinese financial questions in two parts. The knowledge part has more than 38,000 multiple-choice questions from financial qualification exams, with explanations to test reasoning. The application part has more than 16,000 test items for classification, translation, relation extraction, reading comprehension and text generation.

Alibaba's DianJin-R1 technical report evaluates on CFLUE and also builds training data from it, so some later models may have seen its questions. ACL 2024. About 100 GitHub stars.

Released
May 2024
Kind
Finance
Level
University
Scored
Checked automatically
Answers
Multiple choice
Tasks
All public

In the authors’ words

In light of recent breakthroughs in large language models (LLMs) that have revolutionized natural language processing (NLP), there is an urgent need for new benchmarks to keep pace with the fast development of LLMs. In this paper, we propose CFLUE, the Chinese Financial Language Understanding Evaluation benchmark, designed to assess the capability of LLMs across various dimensions. Specifically, CFLUE provides datasets tailored for both knowledge assessment and application assessment. In knowledge assessment, it consists of 38K+ multiple-choice questions with associated solution explanations. These questions serve dual purposes: answer prediction and question reasoning. In application assessment, CFLUE features 16K+ test instances across distinct groups of NLP tasks such as text classification, machine translation, relation extraction, reading comprehension, and text generation. Upon CFLUE, we conduct a thorough evaluation of representative LLMs. The results reveal that only GPT-4 and GPT-4-turbo achieve an accuracy exceeding 60% in answer prediction for knowledge assessment, suggesting that there is still substantial room for improvement in current LLMs. In application assessment, although GPT-4 and GPT-4-turbo are the top two performers, their considerable advantage over lightweight LLMs is noticeably diminished. The datasets and scripts associated with CFLUE are openly accessible at https://github.com/aliyun/cflue.

Abstract of Benchmarking Large Language Models on CFLUE – A Chinese Financial Language Understanding Evaluation Dataset (arXiv:2405.10542, CC0)

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