Work

Automating translation checks of financial documents using large language models

Year: 2025
Type: article
Abstract: We introduce a tool for automated translation checking of financial reports in German-English. It uses a heuristic matching algorithm followed by a transformer encoder based error detection model on sentence pair level. For generating the training data, we leverage state-of-the-art large language models such as GPT-4o, thereby alleviating the need for expert annotations. The results suggest that smaller models fine-tuned specifically for this task significantly outperform large multi-purpose generative models like GPT-4 for this particular problem, and that a combination of informed and deep learning approaches works best in this case. The tool is being made publicly available as a demonstrator.
Language: English
Open Access status: hybrid
Estimated APC paid: $3,490
OpenAlex ID: W4413065481
FWCI: 0.831
Cites: 17
Cited by: 2
Related to: 10