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SECQUE: A Benchmark for Evaluating Real-World Financial Analysis Capabilities

6 April 2025
Noga Ben Yoash
Meni Brief
O. Ovadia
Gil Shenderovitz
Moshik Mishaeli
Rachel Lemberg
Eitam Sheetrit
    ELM
    AIFin
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Abstract

We introduce SECQUE, a comprehensive benchmark for evaluating large language models (LLMs) in financial analysis tasks. SECQUE comprises 565 expert-written questions covering SEC filings analysis across four key categories: comparison analysis, ratio calculation, risk assessment, and financial insight generation. To assess model performance, we develop SECQUE-Judge, an evaluation mechanism leveraging multiple LLM-based judges, which demonstrates strong alignment with human evaluations. Additionally, we provide an extensive analysis of various models' performance on our benchmark. By making SECQUE publicly available, we aim to facilitate further research and advancements in financial AI.

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@article{yoash2025_2504.04596,
  title={ SECQUE: A Benchmark for Evaluating Real-World Financial Analysis Capabilities },
  author={ Noga Ben Yoash and Meni Brief and Oded Ovadia and Gil Shenderovitz and Moshik Mishaeli and Rachel Lemberg and Eitam Sheetrit },
  journal={arXiv preprint arXiv:2504.04596},
  year={ 2025 }
}
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