Financial services group Manulife is collaborating with Indico Data Solutions, a Boston-based company that specializes in «Deep Learning».

Manulife’s Lab of Forward Thinking (LOFT) is collaborating with Indico Data Solutions, a Boston-based company that specializes in «Deep Learning». 

This collaboration is part of a strategic effort to leverage best-in-class products and accelerate business adoption of innovative technologies such as Artificial Intelligence (AI), blockchain and virtual reality.

Manulife’s LOFT will use indico’s platform to develop an 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 faster than ever before.

Indico provides a state-of-the-art machine learning platform for text and image analysis that can be deployed in the cloud or on premise and utilized via a simple to use web service.