Arta Finance, a digital wealth management platform, has officially launched internationally, using Singapore as its strategic hub.
Licensed by the Monetary Authority of Singapore (MAS), the platform is now available to accredited investors in Singapore, as well as international clients managing their wealth through Singapore.
This global launch follows Arta’s debut in the US in 2023, where it grew to manage hundreds of millions in assets for thousands of clients.
With this expansion, Arta aims to broaden its reach to a larger pool of global investors.
As part of the launch, Arta introduced its patent-pending Arta AI Copilot, an AI-powered tool designed to help users perform tasks typically managed by private bankers and investment analysts.
This tool uses a sophisticated AI stack that combines large language models (LLMs) with various AI/ML models developed by Arta’s researchers.
The system integrates high-quality public and proprietary data, enabling investors to analyse and monitor their portfolios efficiently with rigorous mathematical precision and time-sensitive insights.
Arta also launched its new Wealth-as-a-Service platform for banks, a B2B offering supported by the Singapore Economic Development Board (EDB), which incubated the concept.
This cloud-based platform empowers 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 tap into new wealth 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 and AI-based wealth platform into legacy banking systems, helping partner banks upgrade their digital infrastructure.
The company also welcomed Ralph Hamers, former CEO of UBS, as an external senior advisor to guide the company’s global growth strategy.
Arta’s wealth platform is now available globally to accredited investors.
Hamers said,
“A central focus of my leadership has been to take legacy businesses and digitalise, integrating front-to-back technology to drive efficiencies and make the lives of clients and colleagues easier. This often needs major and multi-year transformations in well-established organisations.
With Arta, I see the enormous opportunity of having incredibly smart people from the worlds of technology and finance coming together to build a platform that is more than ready to take its place amongst the world’s leading wealth managers.”
Caesar Sengupta, CEO of Arta Finance said,
“Arta is at the intersection of some powerful trends, including the personalisation and democratisation of wealth management, the huge growth and opportunity in private market investing, and the use of AI to create capabilities that have previously only been the preserve of the ultra-wealthy.
We are now taking a major leap forward with our global launch and can’t wait to bring the Arta wealth platform and AI Copilot to the global community in the months and years ahead.”
Featured image credit: Edited from Freepik
