18.8LGOct 17, 2025Code
FinTrust: A Comprehensive Benchmark of Trustworthiness Evaluation in Finance DomainTiansheng Hu, Tongyan Hu, Liuyang Bai et al.
Recent LLMs have demonstrated promising ability in solving finance related problems. However, applying LLMs in real-world finance application remains challenging due to its high risk and high stakes property. This paper introduces FinTrust, a comprehensive benchmark specifically designed for evaluating the trustworthiness of LLMs in finance applications. Our benchmark focuses on a wide range of alignment issues based on practical context and features fine-grained tasks for each dimension of trustworthiness evaluation. We assess eleven LLMs on FinTrust and find that proprietary models like o4-mini outperforms in most tasks such as safety while open-source models like DeepSeek-V3 have advantage in specific areas like industry-level fairness. For challenging task like fiduciary alignment and disclosure, all LLMs fall short, showing a significant gap in legal awareness. We believe that FinTrust can be a valuable benchmark for LLMs' trustworthiness evaluation in finance domain.
20.9CLMay 21, 2025
Diffusion vs. Autoregressive Language Models: A Text Embedding PerspectiveSiyue Zhang, Yilun Zhao, Liyuan Geng et al.
Large language model (LLM)-based embedding models, benefiting from large scale pre-training and post-training, have begun to surpass BERT and T5-based models on general-purpose text embedding tasks such as document retrieval. However, a fundamental limitation of LLM embeddings lies in the unidirectional attention used during autoregressive pre-training, which misaligns with the bidirectional nature of text embedding tasks. To this end, We propose adopting diffusion language models for text embeddings, motivated by their inherent bidirectional architecture and recent success in matching or surpassing LLMs especially on reasoning tasks. We present the first systematic study of the diffusion language embedding model, which outperforms the LLM-based embedding model by 20% on long-document retrieval, 8% on reasoning-intensive retrieval, 2% on instruction-following retrieval, and achieve competitive performance on traditional text embedding benchmarks. Our analysis verifies that bidirectional attention is crucial for encoding global context in long and complex text.
MCTS-RAG: Enhancing Retrieval-Augmented Generation with Monte Carlo Tree SearchYunhai Hu, Yilun Zhao, Chen Zhao et al.
We introduce MCTS-RAG, a novel approach that enhances the reasoning capabilities of small language models on knowledge-intensive tasks by leveraging retrieval-augmented generation (RAG) to provide relevant context and Monte Carlo Tree Search (MCTS) to refine reasoning paths. MCTS-RAG dynamically integrates retrieval and reasoning through an iterative decision-making process. Unlike standard RAG methods, which typically retrieve information independently from reasoning and thus integrate knowledge suboptimally, or conventional MCTS reasoning, which depends solely on internal model knowledge without external facts, MCTS-RAG combines structured reasoning with adaptive retrieval. This integrated approach enhances decision-making, reduces hallucinations, and ensures improved factual accuracy and response consistency. The experimental results on multiple reasoning and knowledge-intensive datasets datasets (i.e., ComplexWebQA, GPQA, and FoolMeTwice) show that our method enables small-scale LMs to achieve performance comparable to frontier LLMs like GPT-4o by effectively scaling inference-time compute, setting a new standard for reasoning in small-scale models.
10.9CLJul 14, 2025
Can Multimodal Foundation Models Understand Schematic Diagrams? An Empirical Study on Information-Seeking QA over Scientific PapersYilun Zhao, Chengye Wang, Chuhan Li et al.
This paper introduces MISS-QA, the first benchmark specifically designed to evaluate the ability of models to interpret schematic diagrams within scientific literature. MISS-QA comprises 1,500 expert-annotated examples over 465 scientific papers. In this benchmark, models are tasked with interpreting schematic diagrams that illustrate research overviews and answering corresponding information-seeking questions based on the broader context of the paper. We assess the performance of 18 frontier multimodal foundation models, including o4-mini, Gemini-2.5-Flash, and Qwen2.5-VL. We reveal a significant performance gap between these models and human experts on MISS-QA. Our analysis of model performance on unanswerable questions and our detailed error analysis further highlight the strengths and limitations of current models, offering key insights to enhance models in comprehending multimodal scientific literature.
6.7CLOct 7, 2025
FinLFQA: Evaluating Attributed Text Generation of LLMs in Financial Long-Form Question AnsweringYitao Long, Tiansheng Hu, Yilun Zhao et al.
Large Language Models (LLMs) frequently hallucinate to long-form questions, producing plausible yet factually incorrect answers. A common mitigation strategy is to provide attribution to LLM outputs. However, existing benchmarks primarily focus on simple attribution that retrieves supporting textual evidence as references. We argue that in real-world scenarios such as financial applications, attribution goes beyond reference retrieval. We introduce FinLFQA, a benchmark designed to evaluate the ability of LLMs to generate long-form answers to complex financial questions with reliable and nuanced attributions. FinLFQA evaluates three critical aspects of attribution through human annotations: (1) supporting evidence extracted from financial reports, (2) intermediate numerical reasoning steps, and (3) domain-specific financial knowledge that informs the reasoning process. We further provide an automatic evaluation framework covering both answer quality and attribution quality. Through extensive experiments on eight LLMs across multiple attribution-generation paradigms, we find that fine-grained metrics are important to distinguish model capabilities, that end-to-end generation achieves comparable performance to post-hoc approaches, and that iterative refinement only helps when guided by external feedback.
SUCEA: Reasoning-Intensive Retrieval for Adversarial Fact-checking through Claim Decomposition and EditingHongjun Liu, Yilun Zhao, Arman Cohan et al.
Automatic fact-checking has recently received more attention as a means of combating misinformation. Despite significant advancements, fact-checking systems based on retrieval-augmented language models still struggle to tackle adversarial claims, which are intentionally designed by humans to challenge fact-checking systems. To address these challenges, we propose a training-free method designed to rephrase the original claim, making it easier to locate supporting evidence. Our modular framework, SUCEA, decomposes the task into three steps: 1) Claim Segmentation and Decontextualization that segments adversarial claims into independent sub-claims; 2) Iterative Evidence Retrieval and Claim Editing that iteratively retrieves evidence and edits the subclaim based on the retrieved evidence; 3) Evidence Aggregation and Label Prediction that aggregates all retrieved evidence and predicts the entailment label. Experiments on two challenging fact-checking datasets demonstrate that our framework significantly improves on both retrieval and entailment label accuracy, outperforming four strong claim-decomposition-based baselines.
Unveiling the Spectrum of Data Contamination in Language Models: A Survey from Detection to RemediationChunyuan Deng, Yilun Zhao, Yuzhao Heng et al.
Data contamination has garnered increased attention in the era of large language models (LLMs) due to the reliance on extensive internet-derived training corpora. The issue of training corpus overlap with evaluation benchmarks--referred to as contamination--has been the focus of significant recent research. This body of work aims to identify contamination, understand its impacts, and explore mitigation strategies from diverse perspectives. However, comprehensive studies that provide a clear pathway from foundational concepts to advanced insights are lacking in this nascent field. Therefore, we present a comprehensive survey in the field of data contamination, laying out the key issues, methodologies, and findings to date, and highlighting areas in need of further research and development. In particular, we begin by examining the effects of data contamination across various stages and forms. We then provide a detailed analysis of current contamination detection methods, categorizing them to highlight their focus, assumptions, strengths, and limitations. We also discuss mitigation strategies, offering a clear guide for future research. This survey serves as a succinct overview of the most recent advancements in data contamination research, providing a straightforward guide for the benefit of future research endeavors.