The latest technology news in the wealth management sector from around the world.

Arta Finance, an AI-driven wealth and fintech firm headquartered in the US, has expanded its software-as-a-service platform, Arta AI, which was originally launched in early April.

Now available to all investors, wealth managers and advisors, the “AI Sidekick” is being deployed across a growing network of firms. Bank of Singapore, Hong Leong Bank and Ethivo Asset Management (HK) – formerly known as UCAP HK AM – join existing clients Wio Invest, operated by Wio Securities, and Income Advisory Financial Advisers, a wholly owned subsidiary of Income Insurance Limited.

Arta AI Sidekick gives advisors a dedicated AI agent that connects client portfolios, firm data, research and product intelligence.

“Financial institutions of every stage, from established private banks to digital-native wealth or investing platforms, are realising that AI can drive scale, engagement and rigour while maintaining the human connection that defines great client service,” Caesar Sengupta, CEO of Arta, said. “Arta AI is purpose-built for wealth and investing. It augments advisor expertise, strengthens analytical rigour, and ensures transparency across all client interactions.”

Arta is backed by investors including Peak XV, Ribbit Capital, Coatue and EDBI, as well as more than 140 prominent leaders in technology and finance such as Ralph Hamers (former CEO of UBS and ING), Piyush Gupta (former CEO of DBS), Eric Schmidt (former CEO of Google), Michael Miebach (CEO of Mastercard) and Lip Bu Tan (CEO of Intel).

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