Nazia Nafis | Searcharxiv

arXiv2025

Critical Challenges and Guidelines in Evaluating Synthetic Tabular Data: A Systematic Review

Generating synthetic tabular health data is challenging, and evaluating their quality is equally, if not more, complex. This systematic review highlights the critical importance of rigorous evaluation of synthetic health data to ensure reliability, clinical relevance, and appropriate use. From an initial identification of 2067 relevant papers published in the last ten years, 134 studies were selected for detailed analysis. Our review identifies key challenges, including lack of consensus on evaluation methods, inconsistent application of evaluation metrics, limited involvement of domain experts, inadequate reporting of dataset characteristics, and limited reproducibility of results. In response, we provide a structured consolidation of synthetic data generation and evaluation methods into taxonomies, alongside practical guidelines to support more robust and standardised evaluation practices. These findings aim to support the responsible development and use of synthetic health data, aligned with emerging expectations around transparency, reproducibility, and governance, ultimately enabling the community to fully harness its transformative potential and accelerate innovation.

cs.LG↗

arXiv2024

Measuring Sustainability Intention of ESG Fund Disclosure using Few-Shot Learning

Global sustainable fund universe encompasses open-end funds and exchange-traded funds (ETF) that, by prospectus or other regulatory filings, claim to focus on Environment, Social and Governance (ESG). Challengingly, the claims can only be confirmed by examining the textual disclosures to check if there is presence of intentionality and ESG focus on its investment strategy. Currently, there is no regulation to enforce sustainability in ESG products space. This paper proposes a unique method and system to classify and score the fund prospectuses in the sustainable universe regarding specificity and transparency of language. We aim to employ few-shot learners to identify specific, ambiguous, and generic sustainable investment-related language. Additionally, we construct a ratio metric to determine language score and rating to rank products and quantify sustainability claims for US sustainable universe. As a by-product, we publish manually annotated quality training dataset on Hugging Face (ESG-Prospectus-Clarity-Category under cc-by-nc-sa-4.0) of more than 1K ESG textual statements. The performance of the few-shot finetuning approach is compared with zero-shot models e.g., Llama-13B, GPT 3.5 Turbo etc. We found that prompting large language models are not accurate for domain specific tasks due to misalignment issues. The few-shot finetuning techniques outperform zero-shot models by large margins of more than absolute ~30% in precision, recall and F1 metrics on completely unseen ESG languages (test set). Overall, the paper attempts to establish a systematic and scalable approach to measure and rate sustainability intention quantitatively for sustainable funds using texts in prospectus. Regulatory bodies, investors, and advisors may utilize the findings of this research to reduce cognitive load in investigating or screening of ESG funds which accurately reflects the ESG intention.

cs.CL↗