Meta-Benchmarks for Financial-Services LLM Evaluation
Not on the map. Why?
Abstract (arXiv)
Public LLM leaderboards optimise for global average performance and do not capture the specific cognitive demands of financial-services work: a model that leads on MMLU-Pro may underperform on document-grounded compliance reasoning, and a coding leader may handle multi-turn customer interactions poorly. We present a meta-benchmarking framework that organises 452 publicly reported benchmarks into 41 O*NET Generalized Work Activities and aggregates those into 38 BIAN banking business domains spanning sales, operations, risk, and support work. A multiplicative weighting scheme (discrimination x coverage x recency), computed over a rolling model window, rewards benchmarks that still separate the best models, are widely reported, and remain in active use, suppressing saturated legacy tests automatically. These weights scale the K-factor in a pairwise Elo tournament, producing cross-benchmark-comparable work-activity scores without raw score normalisation; business-domain scores are weighted averages of the constituent work-activity Elos. We demonstrate the framework on a point-in-time public snapshot covering 288 models across 25 organisations as of June 2026, and describe the methodology, full taxonomy, design decisions, and limitations with the aim of making the approach reproducible for institutions facing similar selection and governance challenges.
Key facts. No citing papers in the map yet (data through 7 Oct 2026). Builds on 15 of its 27 references that are in the map. First posted on arXiv 2 Jul 2026.
Builds on
15 of 27 references.
References · 15
- 2020Measuring Massive Multitask Language Understandingcited by 7,768
- 2018GLUE: A Multi-Task Benchmark and Analysis Platform for Natural Language Understandingcited by 4,854
- 2022Beyond the Imitation Game: Quantifying and extrapolating the capabilities of language modelscited by 1,970
- 2022Challenging BIG-Bench Tasks and Whether Chain-of-Thought Can Solve Themcited by 1,767
- 2024MMLU-Pro: A More Robust and Challenging Multi-Task Language Understanding Benchmarkcited by 1,758
- 2019SuperGLUE: A Stickier Benchmark for General-Purpose Language Understanding Systemscited by 1,718
- 2024Chatbot Arena: An Open Platform for Evaluating LLMs by Human Preferencecited by 1,151
- 2024OSWorld: Benchmarking Multimodal Agents for Open-Ended Tasks in Real Computer Environmentscited by 1,134
- 2021Dynabench: Rethinking Benchmarking in NLPcited by 447
- 2023FinanceBench: A New Benchmark for Financial Question Answeringcited by 261
- 2024LiveBench: A Challenging, Contamination-Limited LLM Benchmarkcited by 242
- 2024FinBen: A Holistic Financial Benchmark for Large Language Modelscited by 140
3 more
- 2024Benchmarking Benchmark Leakage in Large Language Modelscited by 102
- 2025Recent Advances in Large Langauge Model Benchmarks against Data Contamination: From Static to Dynamic Evaluationcited by 38
- 2024COMPL-AI Framework: A Technical Interpretation and LLM Benchmarking Suite for the EU Artificial Intelligence Actcited by 23
Built on by
Not cited yet.