bge-base-financial-matryoshka

BGE base Financial Matryoshka

This is a sentence-transformers model finetuned from BAAI/bge-base-en-v1.5 on the json dataset. It maps sentences & paragraphs to a 768-dimensional dense vector space and can be used for semantic textual similarity, semantic search, paraphrase mining, classification, clustering, and more.

Model Details

Model Description

• Model Type: Sentence Transformer
• Base model: BAAI/bge-base-en-v1.5 <!-- at revision a5beb1e3e68b9ab74eb54cfd186867f64f240e1a -->
• Maximum Sequence Length: 512 tokens
• Output Dimensionality: 768 dimensions
• Similarity Function: Cosine Similarity
• Supported Modality: Text
• Training Dataset:
  • json
• Language: en
• License: apache-2.0

Model Sources

• Documentation: Sentence Transformers Documentation
• Repository: Sentence Transformers on GitHub
• Hugging Face: Sentence Transformers on Hugging Face

Full Model Architecture

SentenceTransformer(
  (0): Transformer({'transformer_task': 'feature-extraction', 'modality_config': {'text': {'method': 'forward', 'method_output_name': 'last_hidden_state'}}, 'module_output_name': 'token_embeddings', 'architecture': 'BertModel'})
  (1): Pooling({'embedding_dimension': 768, 'pooling_mode': 'cls', 'include_prompt': True})
  (2): Normalize({})
)

Usage

Direct Usage (Sentence Transformers)

First install the Sentence Transformers library:

pip install -U sentence-transformers

Then you can load this model and run inference.

from sentence_transformers import SentenceTransformer

# Download from the 🤗 Hub
model = SentenceTransformer("iammayur/bge-base-financial-matryoshka")
# Run inference
queries = [
    'Cost of sales for the company was $5,920.5 million in 2022, up from $4,922.7 million in 2021, which represents a 20.3% increase. This included $767.7 million of unfavorable costs driven by higher sales volume and increased supply chain inflation costs, including logistics and labor.',
]
documents = [
    'What were the main components of the increased cost of sales in 2022 compared to 2021?',
    'How much is the service fee on client cash deposits held at the TD Depository Institutions under the 2023 IDA agreement?',
    'What is the primary method by which the company manages its cash, cash equivalents, and marketable securities?',
]
query_embeddings = model.encode_query(queries)
document_embeddings = model.encode_document(documents)
print(query_embeddings.shape, document_embeddings.shape)
# [1, 768] [3, 768]

# Get the similarity scores for the embeddings
similarities = model.similarity(query_embeddings, document_embeddings)
print(similarities)
# tensor([[0.8170, 0.1130, 0.1414]])

<!-- ### Direct Usage (Transformers) <details><summary>Click to see the direct usage in Transformers</summary> </details> --> <!-- ### Downstream Usage (Sentence Transformers) You can finetune this model on your own dataset. <details><summary>Click to expand</summary> </details> --> <!-- ### Out-of-Scope Use *List how the model may foreseeably be misused and address what users ought not to do with the model.* -->

Evaluation

Metrics

Information Retrieval

• Dataset: dim_768
• Evaluated with <code>InformationRetrievalEvaluator</code> with these parameters:

  {
      "truncate_dim": 768
  }
  

Information Retrieval

• Dataset: dim_512
• Evaluated with <code>InformationRetrievalEvaluator</code> with these parameters:

  {
      "truncate_dim": 512
  }
  

Information Retrieval

• Dataset: dim_256
• Evaluated with <code>InformationRetrievalEvaluator</code> with these parameters:

  {
      "truncate_dim": 256
  }
  

Information Retrieval

• Dataset: dim_128
• Evaluated with <code>InformationRetrievalEvaluator</code> with these parameters:

  {
      "truncate_dim": 128
  }
  

Information Retrieval

• Dataset: dim_64
• Evaluated with <code>InformationRetrievalEvaluator</code> with these parameters:

  {
      "truncate_dim": 64
  }
  

<!-- ## Bias, Risks and Limitations *What are the known or foreseeable issues stemming from this model? You could also flag here known failure cases or weaknesses of the model.* --> <!-- ### Recommendations *What are recommendations with respect to the foreseeable issues? For example, filtering explicit content.* -->

Training Details

Training Dataset

json

• Dataset: json
• Size: 6,300 training samples
• Columns: <code>positive</code> and <code>anchor</code>
• Approximate statistics based on the first 100 samples:

  	positive	anchor
  type	string	string
  modality	text	text
  details	<ul><li>min: 14 tokens</li><li>mean: 42.72 tokens</li><li>max: 122 tokens</li></ul>	<ul><li>min: 10 tokens</li><li>mean: 20.15 tokens</li><li>max: 40 tokens</li></ul>

• Samples:

  positive	anchor
  <code>Alphabet is a collection of businesses, the largest of which is Google. Alphabet reports Google in two segments, Google Services and Google Cloud; all non-Google businesses are collectively reported as Other Bets.</code>	<code>What are Alphabet's primary business segments and how are they reported?</code>
  <code>The company has the option to redeem the Notes for cash between specific dates if the sale price of their common stock exceeds a set threshold relative to the conversion price over a specified number of trading days, including on the day immediately before the notice of redemption is sent.</code>	<code>What are the conditions under which the company may redeem the Notes for cash?</code>
  <code>Net earnings attributable to Hasbro, Inc. declined in 2022 to $203.5 million, compared to $428.7 million in 2021.</code>	<code>How much did Hasbro's net earnings attributable to Hasbro, Inc. decline in 2022 compared to 2021?</code>

• Loss: <code>MatryoshkaLoss</code> with these parameters:

  {
      "loss": "MultipleNegativesRankingLoss",
      "matryoshka_dims": [
          768,
          512,
          256,
          128,
          64
      ],
      "matryoshka_weights": [
          1,
          1,
          1,
          1,
          1
      ],
      "n_dims_per_step": -1
  }
  

Training Hyperparameters

Non-Default Hyperparameters

• per_device_train_batch_size: 16
• num_train_epochs: 4
• learning_rate: 2e-05
• lr_scheduler_type: cosine
• warmup_steps: 0.1
• gradient_accumulation_steps: 16
• bf16: True
• per_device_eval_batch_size: 16
• load_best_model_at_end: True
• batch_sampler: no_duplicates

All Hyperparameters

<details><summary>Click to expand</summary>

• per_device_train_batch_size: 16
• num_train_epochs: 4
• max_steps: -1
• learning_rate: 2e-05
• lr_scheduler_type: cosine
• lr_scheduler_kwargs: None
• warmup_steps: 0.1
• optim: adamw_torch_fused
• optim_args: None
• weight_decay: 0.0
• adam_beta1: 0.9
• adam_beta2: 0.999
• adam_epsilon: 1e-08
• optim_target_modules: None
• gradient_accumulation_steps: 16
• average_tokens_across_devices: True
• max_grad_norm: 1.0
• label_smoothing_factor: 0.0
• bf16: True
• fp16: False
• bf16_full_eval: False
• fp16_full_eval: False
• tf32: None
• gradient_checkpointing: False
• gradient_checkpointing_kwargs: None
• torch_compile: False
• torch_compile_backend: None
• torch_compile_mode: None
• use_liger_kernel: False
• liger_kernel_config: None
• use_cache: False
• neftune_noise_alpha: None
• torch_empty_cache_steps: None
• auto_find_batch_size: False
• log_on_each_node: True
• logging_nan_inf_filter: True
• include_num_input_tokens_seen: no
• log_level: passive
• log_level_replica: warning
• disable_tqdm: False
• project: huggingface
• trackio_space_id: None
• trackio_bucket_id: None
• trackio_static_space_id: None
• per_device_eval_batch_size: 16
• prediction_loss_only: True
• eval_on_start: False
• eval_do_concat_batches: True
• eval_use_gather_object: False
• eval_accumulation_steps: None
• include_for_metrics: []
• batch_eval_metrics: False
• save_only_model: False
• save_on_each_node: False
• enable_jit_checkpoint: False
• push_to_hub: False
• hub_private_repo: None
• hub_model_id: None
• hub_strategy: every_save
• hub_always_push: False
• hub_revision: None
• load_best_model_at_end: True
• ignore_data_skip: False
• restore_callback_states_from_checkpoint: False
• full_determinism: False
• seed: 42
• data_seed: None
• use_cpu: False
• accelerator_config: {'split_batches': False, 'dispatch_batches': None, 'even_batches': True, 'use_seedable_sampler': True, 'non_blocking': False, 'gradient_accumulation_kwargs': None}
• parallelism_config: None
• dataloader_drop_last: False
• dataloader_num_workers: 0
• dataloader_pin_memory: True
• dataloader_persistent_workers: False
• dataloader_prefetch_factor: None
• dataloader_multiprocessing_context: None
• dataloader_in_order: True
• remove_unused_columns: True
• label_names: None
• train_sampling_strategy: random
• length_column_name: length
• ddp_find_unused_parameters: None
• ddp_bucket_cap_mb: None
• ddp_broadcast_buffers: False
• ddp_static_graph: None
• ddp_backend: None
• ddp_timeout: 1800
• fsdp: None
• fsdp_config: None
• deepspeed: None
• debug: []
• skip_memory_metrics: True
• do_predict: False
• resume_from_checkpoint: None
• local_rank: -1
• prompts: None
• batch_sampler: no_duplicates
• multi_dataset_batch_sampler: proportional
• router_mapping: {}
• learning_rate_mapping: {}
• warmup_ratio: None

</details>

Training Logs

• The bold row denotes the saved checkpoint.

Training Time

• Training: 30.3 minutes

Framework Versions

• Python: 3.13.15
• Sentence Transformers: 5.7.0
• Transformers: 5.16.1
• PyTorch: 2.11.0+cu128
• Accelerate: 1.14.0
• Datasets: 4.8.5
• Tokenizers: 0.23.1

Additional Resources

• Training and Finetuning Embedding Models with Sentence Transformers: the end-to-end guide for training or finetuning Sentence Transformer models.
• Introduction to Matryoshka Embedding Models: variable-size embeddings that can be truncated with minimal quality loss.
• Binary and Scalar Embedding Quantization for Significantly Faster & Cheaper Retrieval: post-training compression of embedding vectors.
• Multimodal Embedding & Reranker Models with Sentence Transformers: use text, image, audio, and video models through the same API.
• Training and Finetuning Multimodal Embedding & Reranker Models with Sentence Transformers: train multimodal embedding models, with a Visual Document Retrieval walkthrough.

Citation

BibTeX

Sentence Transformers

@inproceedings{reimers-2019-sentence-bert,
    title = "Sentence-BERT: Sentence Embeddings using Siamese BERT-Networks",
    author = "Reimers, Nils and Gurevych, Iryna",
    booktitle = "Proceedings of the 2019 Conference on Empirical Methods in Natural Language Processing",
    month = "11",
    year = "2019",
    publisher = "Association for Computational Linguistics",
    url = "https://arxiv.org/abs/1908.10084",
}

MatryoshkaLoss

@misc{kusupati2024matryoshka,
    title={Matryoshka Representation Learning},
    author={Aditya Kusupati and Gantavya Bhatt and Aniket Rege and Matthew Wallingford and Aditya Sinha and Vivek Ramanujan and William Howard-Snyder and Kaifeng Chen and Sham Kakade and Prateek Jain and Ali Farhadi},
    year={2024},
    eprint={2205.13147},
    archivePrefix={arXiv},
    primaryClass={cs.LG}
}

MultipleNegativesRankingLoss

@misc{oord2019representationlearningcontrastivepredictive,
      title={Representation Learning with Contrastive Predictive Coding},
      author={Aaron van den Oord and Yazhe Li and Oriol Vinyals},
      year={2019},
      eprint={1807.03748},
      archivePrefix={arXiv},
      primaryClass={cs.LG},
      url={https://arxiv.org/abs/1807.03748},
}

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