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Manulife Financial Boosts Investment Research Efficiency
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Manulife Financial Corporation’s (MFC - Free Report) Lab of Forward Thinking (“LOFT”) has entered into an alliance with indico data solutions as part of its strategy to leverage world-class products. The collaboration will enable Manulife to speed up business adoption of innovative technologies such as Artificial Intelligence (AI), blockchain and virtual reality.
The announcement of this collaboration comes on the heels of the partnership between LOFT and Nervana Systems on Aug 2, 2016 to develop the next generation of intelligent applications.
Headquartered in Boston, indico data solutions, specializes in Deep Learning. Hence, the aforesaid alliance will help LOFT enhance its use of the Deep Learning tool. Manulife Financial expects the decision-making abilities of its analysts, portfolio managers and researchers to be considerably improved through the use of this tool. The enhancements will be a value addition to the life insurer’s user experience, thereby boosting the customer experience.
The team at indico data solutions has spent a significant amount of time in developing a platform that reduces the barriers of use around Deep Learning. This has opened up huge potential for unstructured data analytics.
LOFT will build an AI and Deep Learning tool to analyze unregulated financial data using the platform of indico data solutions. Using the Deep Learning tool would facilitate data analysis from news articles, analyst reports and other similar sources. As a result, Manulife Financial will be able to provide recommendations to investment researchers and portfolio managers, helping them to take faster and more informed decisions than before.
The Deep Learning platform will allow Manulife Financial to decrypt natural language and effectively program the computer to extract insights, customized for every analyst’s individual requirements.
The strategic alliance will prove to be beneficial for indico data solutions, as it is optimistic of the partnership, due to the innovative work done at Manulife Financial. On the other hand, Manulife Financial will be able to increase the efficiency in investment research through the Deep Learning tool.
Currently, Manulife Financial carries a Zacks Rank #3 (Hold). Some better-ranked stocks from the same space include Health Insurance Innovations, Inc. , Primerica, Inc. (PRI - Free Report) and Genworth Financial, Inc. (GNW - Free Report) . While Health Insurance Innovations sports a Zacks Rank #1 (Strong Buy), both Primerica and Genworth hold a Zacks Rank #2 (Buy).
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Manulife Financial Boosts Investment Research Efficiency
Manulife Financial Corporation’s (MFC - Free Report) Lab of Forward Thinking (“LOFT”) has entered into an alliance with indico data solutions as part of its strategy to leverage world-class products. The collaboration will enable Manulife to speed up business adoption of innovative technologies such as Artificial Intelligence (AI), blockchain and virtual reality.
The announcement of this collaboration comes on the heels of the partnership between LOFT and Nervana Systems on Aug 2, 2016 to develop the next generation of intelligent applications.
Headquartered in Boston, indico data solutions, specializes in Deep Learning. Hence, the aforesaid alliance will help LOFT enhance its use of the Deep Learning tool. Manulife Financial expects the decision-making abilities of its analysts, portfolio managers and researchers to be considerably improved through the use of this tool. The enhancements will be a value addition to the life insurer’s user experience, thereby boosting the customer experience.
The team at indico data solutions has spent a significant amount of time in developing a platform that reduces the barriers of use around Deep Learning. This has opened up huge potential for unstructured data analytics.
LOFT will build an AI and Deep Learning tool to analyze unregulated financial data using the platform of indico data solutions. Using the Deep Learning tool would facilitate data analysis from news articles, analyst reports and other similar sources. As a result, Manulife Financial will be able to provide recommendations to investment researchers and portfolio managers, helping them to take faster and more informed decisions than before.
The Deep Learning platform will allow Manulife Financial to decrypt natural language and effectively program the computer to extract insights, customized for every analyst’s individual requirements.
The strategic alliance will prove to be beneficial for indico data solutions, as it is optimistic of the partnership, due to the innovative work done at Manulife Financial. On the other hand, Manulife Financial will be able to increase the efficiency in investment research through the Deep Learning tool.
MANULIFE FINL Price
MANULIFE FINL Price | MANULIFE FINL Quote
Zacks Rank and Stocks to Consider
Currently, Manulife Financial carries a Zacks Rank #3 (Hold). Some better-ranked stocks from the same space include Health Insurance Innovations, Inc. , Primerica, Inc. (PRI - Free Report) and Genworth Financial, Inc. (GNW - Free Report) . While Health Insurance Innovations sports a Zacks Rank #1 (Strong Buy), both Primerica and Genworth hold a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >>