In this paper, we introduce the Financial-STS task, a financial domain-specific NLP task designed to measure the nuanced semantic similarity between pairs of financial narratives. These narratives originate from the financial statements of the same company but correspond to different periods, such as year-over-year comparisons. Measuring the subtle semantic differences between these paired narratives enables market stakeholders to gauge changes over time in the company’s financial and operational situations, which is critical for financial decision-making. We find that existing pretrained embedding models and LLM embeddings fall short in discerning these subtle financial narrative shifts. To address this gap, we propose an LLM-augmented pipeline specifically designed for the Financial-STS task. Evaluation on a human-annotated dataset demonstrates that our proposed method outperforms existing methods trained on classic STS tasks and generic LLM embeddings.

This paper presents a model architecture and training pipeline for attribute value extraction from search queries. The model uses weak labels generated from customer interactions to train a transformer-based NER model. A two-stage normalization process is then applied to deal with the problem of a large label space: first, the model output is normalized onto common generic attribute values, then it is mapped onto a larger range of actual product attribute values. This approach lets us successfully apply a transformer-based NER model to the extraction of a broad range of attribute values in a real-time production environment for e-commerce applications, contrary to previous research. In an online test, we demonstrate business value by integrating the model into a system for semantic product retrieval and ranking.