Arta Finance, a rapidly growing digital wealth management platform, has officially launched its services globally from Singapore. The platform is now accessible to accredited investors in Singapore and internationally, marking a significant expansion following its successful debut in the U.S. in October 2023.
Key Takeaways
Arta Finance is now available to accredited investors globally, starting from Singapore.
The platform features the innovative Arta AI Copilot, designed to enhance wealth management.
Arta has partnered with Wio Invest, Google Cloud, and Capco to offer Wealth-as-a-Service for banks.
Ralph Hamers joins as an external advisor to guide Arta's international growth.
Arta's platform offers a curated deal flow that includes private investments from exclusive fund managers, intelligent public market strategies, and innovative structured products. This approach eliminates the sales pressure and opaque pricing often found in traditional financial institutions.
The Arta AI Copilot is a groundbreaking feature that empowers users to make informed investment decisions. This patent-pending technology allows members to ideate, analyze, and monitor their portfolios with tools and insights typically reserved for large teams of financial professionals.
Unlike standard AI chatbots, Arta's AI systems are specifically designed for wealth management and finance. They utilize advanced large language models and a combination of proprietary and public data to provide insights that are both timely and mathematically rigorous.
Singapore's Minister of State for Trade and Industry, Alvin Tan, attended the launch event, emphasizing the importance of Singapore as a global wealth hub. The city-state is projected to host 1.6 million non-Singaporeans managing $4.8 trillion in assets by 2028.
Wealth-as-a-Service Offering
Arta has also introduced a new B2B offering called Wealth-as-a-Service, aimed at banks and financial institutions. This cloud-based platform allows partner banks to enhance their digital capabilities and meet evolving client demands more effectively.
Key features of the Wealth-as-a-Service platform include:
Integration of Arta AI Copilot capabilities.
Embedding Arta's investment solutions into existing platforms.
Options for fully white-labeling the Arta platform.
To facilitate the integration of this technology into legacy systems, Arta has partnered with Google Cloud and Capco, a global management and technology consultancy.
Strategic Leadership
In a move to bolster its strategic direction, Arta has welcomed Ralph Hamers as an external senior advisor. Hamers, who has extensive experience in digital transformation within the financial sector, will provide guidance as Arta expands its international footprint.
Hamers stated, "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."
Conclusion
The Arta wealth platform is now available to all accredited investors on both desktop and mobile. Early members can enjoy their first investment of up to $100,000 managed free for life, subject to terms and conditions. As Arta Finance continues to innovate and expand, it aims to democratize access to wealth management, making the financial superpowers of the ultra-wealthy available to a broader audience.
Sources
Arta Finance launches globally via Singapore, unveils Arta AI Copilot, and announces Wealth-as-a-Service for banks, PR Newswire.
Arta Finance launches globally via Singapore & unveils Arta AI Copilot, IBS Intelligence.
Arta Finance launches globally via Singapore, unveils Arta AI Copilot, and announces Wealth-as-a-Service for banks | Morningstar, Morningstar.
Arta Finance partners with Abu Dhabi's Wio Invest to launch Wealth-as-a-Service for banks globally, unveils Arta AI Copilot, PR Newswire.