Indico & John Hancock Are Developing an AI Tool to Give Advice to Investors

Boston-based indico data solutions, which specializes in deep learning and artificial intelligence, announced it will be partnering with Manulife – known to us in the States as John Hancock – and its Lab of Forward Thinking (LOFT). With indico’s platform, LOFT will build an AI-enabled solution that will help guide investors. The tool will use artificial intelligence and deep learning to analyze unstructured financial data – in text and image form – from sources like news articles and analyst reports. From this analysis, it will then make recommendations for portfolio managers to make more informed investment decisions – and hopefully, in less time than they do now. “indico will help us accelerate our use of Deep Learning to improve the decision-making capabilities of our analysts, portfolio managers and researchers,” Greg…


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