FinTextQA: A Long-Form Question Answering LFQA Dataset Specifically Designed for the Financial Domain

FinTextQA: A Long-Form Question Answering LFQA Dataset Specifically Designed for the Financial Domain

Practical AI Solutions for the Financial Sector

Introduction to FinTextQA

The demand for financial data analysis and management has driven the expansion of question-answering (QA) systems powered by artificial intelligence (AI). These systems not only enhance customer service but also assist in risk management and offer personalized stock suggestions.

Challenges in Financial QA

Accurate and useful responses to financial queries require a deep understanding of the domain’s complexity, terminology, market uncertainty, and decision-making processes. Long-form question answering (LFQA) scenarios hold significant importance due to the complex tasks involved.

Introducing FinTextQA

FinTextQA is a new dataset specifically designed for testing QA models on issues related to general finance, regulation, or policy. Comprising 1,262 question-answer pairs and document contexts, this dataset challenges models with more complex financial content.

Benchmarking State-of-the-Art Models

The team benchmarked state-of-the-art (SOTA) models using FinTextQA to set standards for future studies. The dataset challenges existing LFQA systems and represents groundbreaking work in the field.

Future Considerations

While FinTextQA presents a significant step forward, the team acknowledges the need for addressing data scarcity and augmentation challenges. They emphasize the importance of improving existing approaches to enhance financial question-answering systems.

AI Advancements in the Financial Sector

For companies seeking to evolve with AI, FinTextQA offers a valuable resource for improving financial concept understanding and support. AI solutions can redefine work processes, automate customer engagement, and improve sales processes.

Connect with Us

For AI KPI management advice and insights into leveraging AI, connect with us at Explore AI solutions and practical applications at

List of Useful Links:

AI Products for Business or Try Custom Development

AI Sales Bot

Welcome AI Sales Bot, your 24/7 teammate! Engaging customers in natural language across all channels and learning from your materials, it’s a step towards efficient, enriched customer interactions and sales

AI Document Assistant

Unlock insights and drive decisions with our AI Insights Suite. Indexing your documents and data, it provides smart, AI-driven decision support, enhancing your productivity and decision-making.

AI Customer Support

Upgrade your support with our AI Assistant, reducing response times and personalizing interactions by analyzing documents and past engagements. Boost your team and customer satisfaction

AI Scrum Bot

Enhance agile management with our AI Scrum Bot, it helps to organize retrospectives. It answers queries and boosts collaboration and efficiency in your scrum processes.