Contradiction Detection in Financial Reports

Finding and amending contradictions in a financial report is crucial for the publishing company and its financial auditors. To automate this process, we introduce a novel approach that incorporates informed pre-training into its transformer-based architecture to infuse this model with additional Part-Of-Speech knowledge. Furthermore, we fine-tune the model on the public Stanford Natural Language Inference Corpus and our proprietary financial contradiction dataset. It achieves an exceptional contradiction detection F1 score of 89.55\% on our real-world financial contradiction dataset, beating our several baselines by a considerable margin. During the model selection process we also test various financial-document-specific transformer models and find that they underperform the more general embedding approaches.

  • Published in:
    Proceedings of the Northern Lights Deep Learning Workshop 2023
  • Type:
    Inproceedings
  • Authors:
    Deußer, Tobias; Pielka, Maren; Pucknat, Lisa; Jacob, Basil; Dilmaghani, Tim; Nourimand, Mahdis; Kliem, Bernd; Loitz, Rüdiger; Bauckhage, Christian; Sifa, Rafet
  • Year:
    2023
  • Source:
    https://septentrio.uit.no/index.php/nldl/article/view/6799

Citation information

Deußer, Tobias; Pielka, Maren; Pucknat, Lisa; Jacob, Basil; Dilmaghani, Tim; Nourimand, Mahdis; Kliem, Bernd; Loitz, Rüdiger; Bauckhage, Christian; Sifa, Rafet: Contradiction Detection in Financial Reports, Proceedings of the Northern Lights Deep Learning Workshop 2023, 2023, https://septentrio.uit.no/index.php/nldl/article/view/6799, Deusser.etal.2023a,