Model reference · open weights

fin-mpnet

Available as managed deployment Embeddings mukaj · community Embeddings 1 variants 6k dl/mo

fin-mpnet is an open-weight embedding model from mukaj. AxForge deploys and operates it for you on dedicated EU-owned hardware — with the licence handled where one is required.

Available as managed deployment — configured and operated for you on dedicated EU hardware, quoted per deployment.

What it is

Released bymukaj
TypeEmbedding models
TaskEmbeddings
Parameters (lead)109M
Context514 tokens
Runs withsentence-transformers
Released2024-01-17
Popularity6k downloads / month
LicenceUnknown

About

What fin-mpnet is

full evaluation not complete

Fin-MPNET-Base (v0.1)

This is a fine-tuned sentence-transformers model: It maps sentences & paragraphs to a 768 dimensional dense vector space and can be used for tasks like clustering or semantic search.

This model aims to be very strong on Financial Document Retrieval Tasks, while trying to maintain as much generalized performance as possible.

Read the full model card
FiQASciFactAmazonReviewsOnlineBankingIntentArguAna
fin-mpnet-base79.9165.4029.1280.2549.11
all-mpnet-base-v249.9665.5731.9281.8646.52
previous SoTA56.59----

v0.1 shows SoTA results on FiQA Test set while other non-financial benchmarks only drop a few small % and improvement in others.

Usage (Sentence-Transformers)

Using this model becomes easy when you have sentence-transformers installed:

pip install -U sentence-transformers

Then you can use the model like this:

from sentence_transformers import SentenceTransformer
sentences = ["This is an example sentence", "Each sentence is converted"]

model = SentenceTransformer('mukaj/fin-mpnet-base')
embeddings = model.encode(sentences)
print(embeddings)

Evaluation Results

Model was evaluated during training only on the new finance QA examples, as such only financial relevant benchmarks were evaluated on for v0.1 [FiQA-2018, BankingClassification77]

The model currently shows the highest FiQA Retrieval score on the test set, on the MTEB Leaderboard (https://huggingface.co/spaces/mteb/leaderboard)

The model will have likely suffered some performance on other benchmarks, i.e. BankingClassification77 has dropped from 81.6 to 80.25, this will be addressed for v0.2 and full evaluation on all sets will be run.

Training

"sentence-transformers/all-mpnet-base-v2" was fine-tuned on 150k+ financial document QA examples using MNR Loss.

From the published model card. Full card on the HuggingFace links in the sidebar.

Benchmarks

Reported results

As published on the model card — the maker's own numbers, not measured by AxForge.

TaskDatasetMetricScore
ClassificationMTEB AmazonReviewsClassification (en)accuracy29.128
ClassificationMTEB AmazonReviewsClassification (en)f128.657
RetrievalMTEB ArguAnamap_at_124.111
RetrievalMTEB ArguAnamap_at_1040.083
RetrievalMTEB ArguAnamap_at_10041.201
RetrievalMTEB ArguAnamap_at_100041.215
RetrievalMTEB ArguAnamap_at_335.325
RetrievalMTEB ArguAnamap_at_537.796
RetrievalMTEB ArguAnamrr_at_125.036
RetrievalMTEB ArguAnamrr_at_1040.436
RetrievalMTEB ArguAnamrr_at_10041.554
RetrievalMTEB ArguAnamrr_at_100041.568
RetrievalMTEB ArguAnamrr_at_335.645
RetrievalMTEB ArguAnamrr_at_538.141
RetrievalMTEB ArguAnandcg_at_124.111
RetrievalMTEB ArguAnandcg_at_1049.112
RetrievalMTEB ArguAnandcg_at_10053.670
RetrievalMTEB ArguAnandcg_at_100053.944
RetrievalMTEB ArguAnandcg_at_339.035
RetrievalMTEB ArguAnandcg_at_543.503
RetrievalMTEB ArguAnaprecision_at_124.111
RetrievalMTEB ArguAnaprecision_at_107.817
RetrievalMTEB ArguAnaprecision_at_1000.976
RetrievalMTEB ArguAnaprecision_at_10000.100

Using it via the API

Call it like any OpenAI endpoint

Once AxForge deploys fin-mpnet for you, it answers on the OpenAI-compatible API — the same base URL and keys as every other model. (fin-mpnet below is illustrative; you get the exact model name on deployment.)

$ curl -sS https://api.axforge.ai/v1/embeddings \
  -H "Authorization: Bearer $AXFORGE_API_KEY" \
  -H "Content-Type: application/json" \
  -d '{"model":"fin-mpnet","input":"text to embed"}'

Create an account — your API key is available in the console. 3M free tokens every 30 days with every new account.

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