Byoung Woo Yoo, a second-year student in the Department of Computer Science and Engineering at UNIST, has been honored with the grand prize at the 5th Future Finance A.I. Challenge, a highly regarded competition organized by KB Kookmin Bank. This esteemed event aims to recognize and promote advancements in artificial intelligence (AI) technologies within the financial sector.
Teaming up with Joon Pyo Hong from the Korea Aerospace University (KAU), Byoung Woo Yoo formed a team named Square’s Dream. Their groundbreaking solution, called ‘QuantChat,’ addresses the limitations of large-scale language models (LLMs) like ChatGPT, with a specific focus on enhancing quantitative analysis capabilities for corporate information disclosure.
Byoung Woo Yoo (Department of Computer Science and Engineering, UNIST) has been honored with the grand prize at the 5th Future Finance A.I. Challenge. l Image Credit: Byoung Woo Yoo
QuantChat is a model that complements the quantitative analysis limitations identified in LLM-based AI analysts, such as ChatGPT. It autonomously determines whether quantitative analysis is necessary to provide accurate answers to user queries. Leveraging tools like a code executor for analysis, this innovative model excels at addressing complex questions related to corporate disclosure data, including average annual growth rates and year-on-year changes. During the competition, the team presented a demo video showcasing the actual functionality of QuantChat as a chatbot web service.
Byoung Woo Yoo expressed gratitude for this remarkable achievement, acknowledging the valuable experience gained from working with various language models during his research internship at the software testing and analysis laboratory. He also emphasized his dedication to future research endeavors aimed at enhancing software reliability and quality.
Led by Professor Mijung Kim from the Department of Computer Science and Engineering at UNIST, the software testing and analysis laboratory specializes in developing verification technology for automatically detecting software errors. Additionally, the team conducts research on generating test codes using LLMs, such as ChatGPT.
The competition finals were held on August 31, 2023, at the Lee-Sam-Bong Hall of Ewha Womans University. Out of the ten participating teams, only six teams were recognized for their achievements. Byoung Woo Yoo’s team was among those awarded the Grand Prize by the Financial Supervisory Service. Additionally, other awards such as Best, Excellent, and Special awards were also presented to deserving teams.
