Table 5 Accuracy of the proposed named entity recognition method.

From: A cross-institutional database of operational risk external loss events in Chinese banking sector 1986–2023

Method

Heuristic named entity recognition (%)

Ruled-based named entity recognition (%)

Key field

Bank involved

Province occurred

City occurred

Start year

End year

People involved

Loss amount

1

82.978

87.234

89.362

76.595

82.979

76.596

74.468

2

95.238

95.238

92.857

76.191

78.571

78.571

83.333

3

69.697

78.788

72.727

69.697

75.758

66.667

72.727

4

72.093

55.814

69.767

74.419

76.744

58.140

65.116

5

82.857

91.429

80.000

82.857

88.571

62.857

74.286

Average

80.573

81.700

80.943

75.952

80.525

68.566

73.986