Manulife adds Boston-based deep learning startup to LOFT project

Canadian financial services firm Manulife Financial Corp.’s plan to bring machine-learning to the financial services industry continues apace, with a Boston-based startup now being added to the artificial intelligence (AI)-based project the company announced earlier this month. In addition to Silicon Valley-based Nervana Systems, Manulife’s Toronto-based Lab of Forward Thinking (LOFT) will be collaborating with deep learning platform developer Indico Data Solutions in its quest to develop a new application that could help portfolio managers analyze the high volume of online information, financial news, emails, and documents they receive when researching investments. In an Aug. 26 statement, Manulife executive vice president and CIO Greg Framke said the partnership would accelerate his company’s efforts to improve its analysts, portfolio managers, and researchers’ decision-making capabilities. In the same statement, Indico CEO and…


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