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:
    Northern Lights Deep Learning Workshop
  • 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

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, Northern Lights Deep Learning Workshop, 2023, https://septentrio.uit.no/index.php/nldl/article/view/6799, Deusser.etal.2023a,

Associated Lamarr Researchers

lamarr institute person Pielka Maren - Lamarr Institute for Machine Learning (ML) and Artificial Intelligence (AI)

Maren Pielka

Autorin to the profile
Kopie von LAMARR Person 500x500 1 - Lamarr Institute for Machine Learning (ML) and Artificial Intelligence (AI)

Prof. Dr. Christian Bauckhage

Director to the profile
Prof. Dr. Rafet Sifa

Prof. Dr. Rafet Sifa

Principal Investigator Hybrid ML to the profile