Digital asset management platform Arta Finance has officially launched internationally with Singapore as its strategic hub.
The platform has been licensed by the Monetary Authority of Singapore (MAS) and is now available to accredited investors in Singapore as well as overseas customers managing their assets through Singapore.
This global launch follows Arta’s U.S. debut in 2023, which has grown to manage hundreds of millions of assets for thousands of customers.
With this expansion, Arta aims to expand its reach to more investors around the world.
As part of this launch, Arta introduced the patent-pending Arta AI Copilot. It is an AI-powered tool designed to help users perform tasks typically managed by private bankers and investment analysts.
The tool uses an advanced AI stack that combines large-scale language models (LLMs) and various AI/ML models developed by Arta researchers.
The system integrates high-quality public and proprietary data to enable investors to efficiently analyze and monitor their portfolios with rigorous mathematical precision and time-sensitive insights.
Arta also launched a new Wealth-as-a-Service platform for banks, a B2B service supported The concept was developed by the Singapore Economic Development Board (EDB).
This cloud-based platform enables banks to accelerate time-to-market for innovative wealth management products and services.
Banks can integrate Arta’s AI Copilot, embed Arta’s investment solutions, or fully white-label the platform to enhance their digital capabilities and take advantage of new asset segments.
Abu Dhabi’s Wio Invest will be the first financial institution to adopt the Wealth-as-a-Service platform, pending regulatory approval.
Arta has partnered with Google Cloud and global consultancy Capco to integrate its cloud-native, AI-based wealth platform into traditional banking systems to help partner banks upgrade their digital infrastructure.
The company also hired former UBS CEO Ralph Hammers as an external senior advisor to guide the company’s global growth strategy.
Arta’s wealth platform is now available to accredited investors globally.
Mr Hammers said:
“The focus of my leadership has been on taking traditional businesses and digitizing them, integrating front-to-back technology to drive efficiency and make life easier for clients and colleagues. often requires major, multi-year transformation.
With Arta, we believe we have a huge opportunity to bring together incredibly smart people from the worlds of technology and finance to build a platform that is ready to replace the world’s leading wealth management companies. . ”
Caesar Sengupta, CEO alta finance said,
“Arta is driven by several powerful trends, including the personalization and democratization of wealth management, significant growth and opportunity in private market investing, and the use of AI to create capabilities that were previously only available to the ultra-high net worth. It’s at the intersection.
We are currently taking a big leap forward with our global launch and can’t wait to bring the Arta Wealth Platform and AI Copilot to our global community in the coming months and years. ”
Featured image credit: Edited from freepic
