Manulife LOFT now backed by machine learning with new indico partnership

Manulife’s Lab of Forward Thinking (LOFT), which is meant to encourage employees to collaborate and come up with tech solutions for Manulife’s wealth and asset management, announced a partnership with Boston-based indico to help the Lab better embrace machine learning. LOFT will use indico’s platform to develop an artificial intelligence (AI) and Deep Learning tool to analyze unstructured financial data. Using deep learning, Manulife will be able to analyze data from news articles, analyst reports, and other similar sources and present recommendations that could help investment researchers and portfolio managers make more informed decisions. “indico will help us accelerate our use of Deep Learning to improve the decision-making capabilities of our analysts, portfolio managers and researchers,” said Greg Framke, executive vice president and chief information officer of Manulife. “By introducing…


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