The U.S. Securities and Exchange Commission (SEC) mandates all public
companies to file periodic financial statements that should contain numerals
annotated with a particular label from a taxonomy. In this paper, we formulate
the task of automating the assignment of a label to a particular numeral span
in a sentence from an extremely large label set. Towards this task, we release
a dataset, Financial Numeric Extreme Labelling (FNXL), annotated with 2,794
labels. We benchmark the performance of the FNXL dataset by formulating the
task as (a) a sequence labelling problem and (b) a pipeline with span
extraction followed by Extreme Classification. Although the two approaches
perform comparably, the pipeline solution provides a slight edge for the least
frequent labels.Comment: Accepted to ACL'23 Findings Pape