deutsche-bundesbank-76ad04c6·1 events·first seen Aliases: Deutsche Bundesbank
Researchers present the first case study applying LLMs to the Deutsche Bundesbank's securities collateral eligibility verification process, replacing traditional NER-based pipelines with a generative information extraction approach. The system decomposes the task into extraction, normalization, and interpretation stages, handling OCR noise and bilingual (German-English) content in lengthy financial prospectuses. Results show up to 91% precision in document-level eligibility decisions with a conservative false-acceptance profile. The paper also introduces an LLM-as-a-judge evaluation methodology for semantic assessment of extraction quality.