private-bank-style investments for millennial millionaires Caesar Sengupta and his team have built a “digital private bank” called Arta Finance but it won’t compete with other private banks or the advisors who work there he wants to widen the gates for investors who could benefit from the types of investment opportunities available at those firms—think private placements various types of alternatives—but don’t have a high enough net worth to be a traditional client We’ve seen plenty of digital investment platforms come and go and the “democratization of alternatives” is well-worn marketing copy by now Firms like CAIS and iCapital are becoming deeply embedded in independent wealth management shops and a variety of other technology platforms are promising to bridge financial planning and alternative investments But Sengupta has big ambitions for his project and I think Arta Finance is an endeavor worth keeping an eye on I thanked him for introducing me to the platform at a time when many Singaporeans were more likely enjoying the nightlife along Clarke Quay He said he did not mind talking about his baby whatever the time of day “Millennial millionaires are probably our sweet spot,” said Sengupta the firm’s clients are accredited investors making at least $200,000 annually and with net worths of at least $2 million He’s opening the door for the so-called “HENRYs,” or the “high-earners-not-rich-yet” set Related:The WealthStack Podcast: How AI Is Reshaping the Advisor Experience with Mark Gilbert While declining to share overall AUM or number of clients he said the firm currently works with several thousand investors in the United States While Arta operates as an SEC-registered RIA Sengupta said its offerings were more like those from UBS The origin story of Arta goes like this: He and his colleagues were wealthy millennials working in Silicon Valley at firms like Google on projects like Google Pay and Chromebook With high salaries and potentially lucrative liquidity events on the horizon they were in the position to invest for a long time horizon yet they were frustrated with their experiences at traditional financial service firms “We used some of the automated investing services and then started to use [traditional] private banks on our own to get access and invest in private equity private real estate and other alternatives,” he said it was a good experience but very expensive and you could only start using it in your 40s” because of the high minimum investment requirements “What we are doing is bringing private banking to everyone and doing it much more cost effectively,” he said Related:Why AI Isn’t Your RIA’s Top Technology Priority It is often said that timing is everything. After 15 years at Google, he left to start what he called a “digital family office to the world” in a 2022 TechCrunch article he noted that Arta had raised more than $90 million in early rounds of funding from investors Ribbit Capital and dozens of other individuals and enough capital from Ribbit and others for now,” he said His developer and technology team have grown to 45 people based across both Silicon Valley and Singapore He laughed when I asked him if that time zone difference presented a challenge “The kind of AI talent available in the Valley has helped us get access to some of the best AI work going on in the Valley,” he said This brings me back to the element of good timing The explosion in available AI tools and large language models is the jet fuel powering his team to rapidly build an investment platform sophisticated enough to give investors easy access to private placements structured products and other alternatives as well as direct indexing and tax-loss harvesting services Related:The WealthStack Podcast: The Independent Advisor Boom and the Tech Shaping Their Future with Vickie Lewin and while much of the platform is automated—and it is technology that is driving the lowering of costs and efficiency—clients can get time with a human advisor when needed A “quant infrastructure” enables the management of the investments with built-in direct indexing and tax-loss harvesting and a much lower minimum investment requirement than traditional funds available on larger established platforms “Let’s say Parametric has a $250,000 minimum The tax-loss harvesting and direct indexing capabilities were built in-house to meet client demand “We got a lot of feedback from our members: ‘can I get the S&P 499 not 500 Many of the newly minted millionaires in Silicon Valley will have heavy allocations towards companies that are already “Where it gets very interesting is our satellite portfolios where you can put any investment into an ETF-type structure,” he said Arta also sells private placement life insurance or PPLI one of 50 or 60 RIAs that can do so in the U.S. and the application’s frontend interface is beautiful legacy wealth interfaces this technology journalist has seen over the years What is nearing completion but not yet available is Arta AI which is supposed to roll out in Singapore this summer and later in the U.S. it will provide the Arta user with the ability to ask the AI to generate a portfolio recap something a traditional human private banker generally does with clients quarterly Sengupta showed me the various styles of portfolio reporting a client could ask for and a “Yoda Mode,” which reads as though the Star Wars character might have authored the report What makes it possible are 12 different AI models working together “We are not building our own LLM but there is such amazing work in open source LLMs and the commercial LLMs that are available,” he said step two is to take it international—global both directly through us and through partners—and step three noting that it would take years to get there “In the long run someone with 1,000 [Indian] Rupees” will be able to invest with Arta Given his team’s success at Google (Google Pay is the second largest payment system in India) I’m hesitant to doubt him Davis Janowski is a New York-based technology journalist whose work spans consumer Janowski worked for Forrester Research as an analyst covering Digital Wealth Management His work covering the advisor tech space began in 2007 when he joined InvestmentNews as the advisor industry’s first dedicated technology reporter His start in tech journalism began as an editor with PC Magazine in 1999 where he later served as an analyst and reviewer His work has appeared in The New York Times including Technology Tools for Today's High Margin Practice He has also been a speaker and moderator at numerous industry conferences Outside his day-to-day he is a senior guide for Manhattan Kayak Company in New York City RIA Edge 100: Growing Rapidly but Responsibly What truly sets peak performing retirement plans apart Tech Stacks & Growth Strategies for Future-Ready Advisory Firms Ask the Experts: Grow Your Practice with Philanthropy: Comparing DAFs and Private Foundations See how advisors are combining active and passive strategies for optimal portfolio results Registered in England & Wales with number 01835199 Developer Blizzard Entertainment shared a new blog post dedicated to Dokiwatch a colorful journey into the magical girl anime genre that stars multiple Overwatch 2 Heroes “Decked out in bright colors and glittering jewelry—and toting adorable animal familiars—the Heroes of Heart fight to rid the world of Woe a malevolent force that corrupts the hearts of those it afflicts A comic illustrated by Manda Schank explores the origins of Juno’s magical girl storyline but Dokiwatch itself grew from a simple idea into a full-fledged alternate universe.” The developers describe pleading for a magical girl season Finding a suitable villain for Dokiwatch was a similar challenge for the team Many classic canon antagonists were considered—and they still may show up in Dokiwatch down the line—but landing on D.Va as Nocturna felt right Game producer Lauren Soanes says that the team wanted someone that Dokiwatch is also a chance to temporarily escape the more serious angles of the game’s ongoing story “So many people have done the mahō shōjo genre but what we felt was specific about Overwatch was that it has this big technology aspect to it,” said Lauren noting they integrated sleek technology into the bows and ruffles endemic to the genre but we also want it to feel like Overwatch.” Y"},"category":false,"taxonomy":{"active":false,"name":"category"}},"markup":{"custom_html":true,"wpp-start":"","wpp-end":"<\/ul>","title-start":"","title-end":"<\/h2>","post-html":"{thumb} {title} {stats}<\/span><\/li>"},"theme":{"name":""}} GameSpace aims to be a one-stop shop for all your gaming news We aim to cover not only the games and the people who make them but also the culture and trends around the industry chances are we're all here writing about it Please enter your username or email address You will receive a link to create a new password via email Arta AI is a new way to engage with wealth management through a suite of AI agents —intelligent NEW YORK, April 2, 2025 /PRNewswire/ -- Today Arta Finance, a global wealth platform, introduced Arta AI –  a new way to engage with wealth giving clients a suite of AI agents to analyze portfolios This marks a significant milestone towards a future where clients will be able to use AI agents to navigate all aspects of their wealth journey With today's launch, clients will soon be able to talk to Arta AI to review their portfolio and learn more about what Arta has to offer Arta AI will also be available to partner banks and financial institutions globally through Arta's "wealth as a service" offering Arta is redefining how clients engage with wealth management Arta AI is designed to be an intuitive conversational partner allowing clients to interact naturally through voice or text "How did my portfolio do last month?" or "How is Google stock doing today?" or "What should my portfolio look like?" and receive data-driven responses Arta AI can adapt to each client where needed offering tailored responses based on the client's financial profile and preferences "The old world of wealth management is built on exclusivity and high barriers to entry," said Caesar Sengupta we believe in financial superpowers for all — not just the elite AI brings a level of accessibility and intelligence to wealth management that was unimaginable just a few years ago." Arta AI is purpose-built for wealth management — a regulated domain that involves sensitive client preferences and information Arta's AI-powered features use various types of underlying technology from agentic systems to function calling and RAG to non-generative AI approaches like traditional machine learning and convex optimization Arta AI has the ability to bring in the specific models that are appropriate for the task — whether conducting financial analysis or explaining the difference in asset classes to a client these agents provide clients with an intuitive and efficient way to engage with their wealth. Arta AI is always available — ready to respond and assist on demand Arta AI will be available for a monthly subscription fee starting at $20 per month while clients with more than $100,000 managed by Arta will receive complimentary access Arta AI is gradually rolling out to early adopters over the coming year Arta will also make Arta AI available to partner banks and financial institutions for use by their clients or their private bankers and advisors through its B2B "Wealth as a Service" offering The company also plans to make more agents available to clients in the coming months "Traditional private banking serves a fraction of the world's investors leaving millions without access to the tools that drive wealth creation," said Ralph Hamers Senior Advisor to Arta Finance and former CEO of UBS and ING By leveraging AI and deep domain expertise Arta makes institutional-grade investment guidance and strategies available to a broader audience bridging the gap between high-net-worth exclusivity and intelligent Arta AI is integrated into Arta's wealth platform which manages the wealth of thousands of accredited investors globally To learn more about Arta Finance, visit artafinance.com Arta Finance is a global wealth platform that enables more people to access the "financial superpowers" of the ultra-wealthy The platform provides access to private market investments from elite fund managers and sophisticated financial services such as insurance and estate planning Arta empowers its members to make investment decisions with both AI-driven personalization and human expertise to create and manage their financial plans Arta serves its members directly while also empowering partner financial institutions to expand wealth management to new clients and over 140 luminaries in tech and finance is provided by Arta Finance Wealth Management an investment adviser registered with the SEC.  Important information about Arta Finance Wealth Management is available in its Form ADV filed with the SEC a digital wealth platform transforming the way people grow Banking & Financial Services Financial Technology Financial Technology Computer & Electronics Do not sell or share my personal information: bankers and other professionals in the financial sector devote time to helping clients with money but they can hit difficulties when it comes to managing their own investments and finances The firm is rolling out a service to concentrate on this area Gain access to regular and exclusive research on the global wealth management sector along with the opportunity to attend industry events such as exclusive invites to Breakfast Briefings and Summits in the major wealth management centres and industry leading awards programmes Register Here The new offering gives clients a suite of AI agents that can make sense of portfolios and access financial insights on demand Register Here SCOR is a global reinsurance company providing its clients with a broad range of innovative solutions and services and a solid financial base Providing clients with innovative Property & Casualty reinsurance and insurance solutions Offering a full spectrum of solutions to address Life & Health insurer's needs We are pleased to announce the appointment of Arta Nasradini as Head of Aviation at SCOR P&C Arta will be based in Zurich and will be part of the Reinsurance Specialty Lines management team reporting to Head of Specialty Lines Eric Jenck Arta brings a wealth of experience in underwriting aviation risks she led the DACH Aerospace portfolio team at AIG she held various positions in aerospace underwriting with Swiss Re Corporate Solutions Arta holds a dual degree in International Management and Finance from Hochschule Augsburg in Germany (HSA) and Ecole Supérieure de Commerce Extérieur (ESCE) in France commented: “With her extensive industry experience Arta is well-positioned to maximize the value of SCOR’s Aviation reinsurance portfolio leveraging our existing team and our Tier 1 global franchise I look forward to working with Arta and wish her every success in her new role.  and Marine Specialty Lines underwriting teams for the past few years before retiring at the end of 2024 Adrian’s remarkable contributions to SCOR have had a significant impact on our portfolio I wish him the very best in his well-deserved retirement.” 16 Honda repainted in WAKO’S blue as SUPER GT prepares for two days of official testing at Okayama… Nobuharu Matsushita has expressed confidence that he and ARTA teammate Tomoki Nojiri will enjoy a stronger SUPER GT season this year as the Honda squad’s bold new colors broke cover ahead of this weekend’s official test at Okayama 16 car (pictured top) sports a revamped livery that combines the blue-and-pink of chemical company WAKO’S — a previous sponsor of Rookie Racing and Team LeMans — with the Team Mugen-run outfit’s more usual black-and-orange 8 Honda Civic Type R-GT (bottom) features a more conventional orange scheme but with more black coloring at the back compared to last year’s design 8 with Nojiri having delivered the car’s sole victory during its debut season at Fuji Speedway in August on their way to ninth in the GT500 standings and a distant second-best of the Honda crews Matsushita highlighted the fact that every team has been equipped with a fresh monocoque this year 8 car has been much more responsive to setup changes in private testing so far which went really well for us,” he told Sportscar365 “It was the first time for me to drive a GT car at Sepang and it was really difficult for me to adapt to the track because sector three is kind of long corners and a GT car is loading [the tires] everywhere But I was able to get a lot of practice doing those things “We also did the Okayama and Fuji tests so we’ve already done three tests and still we have [official] testing “Everyone has a new chassis this year but we think we have a better chassis than the one we had last year so we are hoping it’s going to work well.” Matsushita added that ARTA will be setting its sights on lead Honda squad Team Kunimitsu 100 Civic is now being operated directly by the HRC Sakura facility this season with assistance from Servus Japan “We want to surpass them for sure,” he said 1 [TOM’S Toyota GR Supra] will be the car to beat at Okayama “It will be the second year of working with Nojiri and now I have experience of working with Team Mugen so this year we want to be a lot more consistent every weekend so this is the target and I am quite confident.” The Okayama test comprises eight hours of running over two days split into four two-hour sessions — two on Saturday and two more on Sunday It follows two days of running for a number of GT300 cars at the same venue across Wednesday and Thursday with a handful of GT500 cars also getting the chance to perform shakedown runs on Thursday A total of 41 cars are set to compete in the test with GT300 squads Saitama Green Brave and MKS Racing the only full-season entrants to not be taking part Jamie Klein is Sportscar365's Asian editor who previously worked for Motorsport Network on the Motorsport.cоm and Autosport titles covers the FIA World Endurance Championship and SUPER GT Roberto Merhi looks back on unbelievable Fuji comeback as he scores long-awaited first GT300.. Cerumo's six-year winless run comes to end as Velorex Ferrari takes incredible comeback win.. Toshiki Oyu upsets favorites Racing Project Bandoh to deliver Cerumo pole for SUPER GT's.. Jazeman Jaafar speaks about plans to contest home round with Kerong Li in EBM.. has taken on a new role as an external senior advisor to Arta Finance an artificial intelligence-driven wealth management startup founded by former Google employees The move marks Hamers’ first major position since stepping down from UBS 18 months ago following the Swiss bank’s acquisition of its rival Credit Suisse which bills itself as a digital family office, aims to democratize wealth management for clients with assets over $1 million The firm leverages AI technology to provide high-end products and services traditionally reserved for the ultra-wealthy the firm has grown to manage hundreds of millions in assets for thousands of clients Alongside Hamers' appointment, which was first reported by the Financial Times Arta announced its global debut in Singapore intially opening its services to accredited investors in Singapore and eyeing further expansions to other markets like India a suite of AI-driven tools designed to assist investors in analyzing and managing their portfolios This technology mimics the work of a team of private bankers and investment analysts making sophisticated wealth management accessible to mid-market clients known for his expertise in digital transformation will provide strategic advice as Arta looks to scale on the international stage At UBS, Hamers had initiated a similar digital push, including orchestrating an attempt to acquire the robo-advisory firm Wealthfront for $1.4 billion. Though the deal was eventually scrapped Hamers’ focus on digital solutions was a key element of his leadership where he also spearheaded digital transformation efforts joining a prominent group of early investors that includes former Google CEO Eric Schmidt and Mastercard CEO Michael Miebach Hamers’ involvement with Arta further strengthens the company’s position as it looks to expand its Wealth-as-a-Service platform for banks its B2B solution allows banks to integrate Arta’s AI tools and investment services into their offerings potentially reshaping the wealth management landscape for financial institutions 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." Djibouti– Combined Joint Task Force – Horn of Africa’s 2nd Security Force Assistance Brigade and the Djiboutian Battalion Intervention Rapide (BIR) strengthened their enduring partnership during a field training exercise at Justified Accord 2025 (JA25) a frequent participant in Justified Accord applied lessons learned from previous exercises to improve readiness and collaboration to assess crisis response capabilities and exchange military-to-military knowledge sharing Exercise JA25 serves as a platform for U.S and African partners to improve military cooperation ensuring both forces can operate cohesively in complex environments Combined field training exercises is one-way CJTF-HOA supports host nation partners The bilateral training provides an invaluable opportunity for Djibouti and U.S this experience strengthens their capabilities and enhances their tactical proficiency The ability to resupply troops and maintain defensive positions is crucial for any force operating in hostile environments “This is going to help the BIR’s ability to resupply their troops and defend a company position from an enemy attack,” said U.S said the partnership between the Djiboutians and U.S was evident with the integration between the BIR and SFAB “SFAB has a unique relationship with our partners,” said Brown liaise and advise our partner nations in a variety of tasks depending on their requirements and our own capabilities.” Working with the BIR is an enriching experience for U.S "It’s not a one-way give or take," said Siciliano and strengthening those bonds through exercises like this is really important making our partnership even more effective." Further underscoring the significance of the exercise Embassy Djibouti Ambassador Cynthia Kierscht visited the Arta Range Complex to observe the field training firsthand Her presence emphasized the United States’ continued commitment to its security partnership with Djibouti reinforcing the importance of military cooperation in promoting regional stability The success of the BIR-SFAB collaboration at JA25 along with the support and engagement from U.S underscores the importance of sustained military partnerships in East Africa and Djiboutian forces reaffirm their commitment to security « Back SINGAPORE, Oct. 10, 2024 /PRNewswire/ -- Fast-growing digital wealth management platform Arta Finance today launched globally Arta's platform is now open to accredited investors in Singapore and to international investors open to managing their wealth in Singapore - a global wealth hub where an expected 1.6 million non-Singaporeans are expected to manage $4.8 trillion in assets by 2028 The international launch comes after Arta's successful debut in the US in October 2023 where it has since grown to manage hundreds of millions in assets for thousands of clients Arta's wealth platform offers a curated deal flow that includes private investments from exclusive fund managers opaque pricing and manual processes found in many other financial institutions Arta's designed-in-Singapore product has various unique features including support for philanthropic giving in partnership with Co-Axis - a Temasek Trust initiative and even a Singlish setting in its AI Copilot Arta also launched the first-of-its-kind AI Copilot purpose-built for wealth management and finance rolling out progressively to members will empower them to make smarter investment decisions - ideate and monitor their portfolios with the tools and insights that usually require large teams of relationship managers Unlike commonly available AI chatbots or apps Arta's AI systems are purpose-built for applications in wealth and finance and exploit the reasoning capabilities of the latest large language models Arta's AI stack employs several models that work in conjunction with each other - including commercially available closed source models fine-tuned open source LLMs and several custom built AI/ML models created by Arta's researchers These models have access to high-quality public and proprietary data including large financial and risk data sets for training and inference This enables Arta to combine the fluency of LLMs with the time sensitivity hard mathematical rigour and explainability necessary for investment and financial applications is highly privacy-preserving and uses encryption at rest and in transit for all user data Singapore Minister of State for Trade and Industry and MAS board member Alvin Tan was on hand to help launch Arta in the City State The company has established key functions in Singapore including engineering design and operations and a number of its global leads including its CEO are based in Singapore Commenting on the launch, Arta CEO Caesar Sengupta 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." Arta today also took a major step on its B2B journey with the announcement that Abu Dhabi's Wio Invest would be the first of many financial institutions to integrate the Arta wealth-as-a-service platform into Wio's industry leading digital investment platform to create a new wealth management offering for its clients in the Middle East The 'wealth-as-a-service' platform for banks is a new B2B offering by Arta It was done with support from the venture building team of the Singapore Economic Development Board (EDB) which worked closely with Arta to incubate this offering during the early stages of the concept This cloud-based platform empowers partner banks to serve their clients better and meet evolving demands with faster time-to-market for innovative wealth management products Banks can choose from integrating Arta AI Copilot capabilities to embedding Arta's investment solutions into their platforms to fully white-labelling the Arta platform — enhancing their digital capabilities and unlocking growth in new wealth segments To help integrate a cloud and AI native wealth platform into legacy systems at partner banks, Arta is also announcing partnerships with Google Cloud and global management and technology consultancy Capco to provide solutions for banks looking to adopt Arta's technology Singapore Country Director and Head of International Expansion commented: "Singapore is the natural home for Arta's international business with its rising importance as Asia's wealth hub The launch of the B2B business is an extension of Arta's mission enabling us to partner with banks and financial institutions in a way that is wholly complementary to their current offering We are proud to welcome Wio as our launch partner and look forward to growing together." Arta welcomes Ralph Hamers as external advisor Arta also today welcomes Ralph Hamers as an external senior advisor providing strategic guidance as the company grows internationally Ralph Hamers is an advisor to established and new players in the global financial sector He developed a special knowledge in digitalisation of processes and client offerings Hamers previously was CEO with UBS and ING Commenting on his role as senior advisor to Arta "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 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." Mr. Hamers becomes part of a distinguished group of early investors in Arta which includes more than 140 technology and finance leaders such as ex-Google CEO Eric Schmidt and Mastercard CEO Michael Miebach The Arta wealth platform is now available globally to all accredited investors on desktop and mobile. Early members will get their first investment up to $100K managed free for life by Arta (terms and conditions apply). To learn more about Arta, please visit artafinance.com Important DisclosuresArta Wealth Management Pte ("Arta") is licensed by the Monetary Authority of Singapore ("MAS") whose products and services are only available to Accredited Investors About Arta Finance:Founded by ex-Google executives Arta Finance is a digital wealth platform for the savvy that enables more people to access the "financial superpowers" of the ultra-wealthy intelligent public market strategies and structured products Arta serves its members directly as well as empowering partner financial institutions to expand wealth management to new clients Learn more at artafinance.com introduced Arta AI – a new way to engage with wealth giving clients a suite of AI agents to analyze.. Arta Finance has received a Capital Markets Services license from the Monetary Authority of Singapore allowing it to provide services to Accredited Investors in Singapore SINGAPORE, July 18, 2024 /PRNewswire/ -- Arta Finance a digital family office for Accredited Investors today announced it has received approval to launch in Singapore and plans to open its platform for Singaporean residents and others investing through Singapore later this year The launch in Singapore follows a significant expansion of Arta's product offering and team of industry leaders as well as its exit from stealth in 2022 with more than S$120 million (US$90 million) from Peak XV (formerly Sequoia Capital India & SEA) and more than 140 tech and finance luminaries "Singapore's rise as a global capital of wealth makes it an ideal location for innovation and financial technology Launching Arta in Singapore allows us to serve investors globally through this highly trusted financial hub," said Caesar Sengupta we aim to democratize access to high-powered financial strategies ensuring the wealth management tools of the ultra-wealthy are available to a wider audience We are excited to bring these financial superpowers to many more people through our launch in Singapore." available only to the ultra-wealthy through family offices and private banks These institutions typically employ teams of professionals who use sophisticated financial strategies and tap into exclusive investment opportunities unlocks liquidity through lines of credit for eligible members and harnesses AI to enable intelligent investing in public markets Members are also plugged into Arta's ecosystem of financial and lifestyle professionals who help them protect and enjoy their wealth The company does this while eliminating the administrative overheads and eye-watering fees often faced by people looking for financial advice "Combining advanced financial strategies with AI is the type of visionary thinking that brings about real step-function change I am so impressed with what Arta has built by applying advanced AI and ML to investing strategies and look forward to seeing this fantastic team create tremendous value for so many people," said Eric Schmidt Co-Founder of Schmidt Futures and Former CEO & Chairman of Google dual-headquartered in Singapore and the U.S. has made significant strides in the past year the company has successfully launched and expanded its presence in the U.S Its innovative approach to financial technology has garnered recognition earning Arta the 2023 "Fintech Trailblazer" title by Nasdaq and the prestigious GGV Fintech Innovation Award Arta Finance plans to formally open its platform to Accredited Investors in Singapore later this year. To learn more about Arta Finance and sign up for the waitlist, please visit www.artafinance.com/sg Important Disclosure InformationThis document is for informational purposes only and is not an offer or solicitation to purchase or sell securities Arta Finance believes information presented is accurate at the time of publishing including the potential for principal loss Past performance is no guarantee of future results All opinions expressed herein constitute the author or quoted individual(s)'s judgment as of the date of this document and are subject to change without notice market conditions and the experience or expertise of the author or quoted individual(s) are based on current expectations Endorsements were provided at the request of Arta Finance The investments discussed herein may be unsuitable for investors depending on their specific investment objectives and financial position Investors should independently evaluate each investment discussed in the context of their own objectives risk profile and circumstances before deciding to invest with Arta Finance Registration with the SEC as a registered investment adviser does not imply a certain level of skill or training. See additional disclosures here SAN FRANCISCO, Oct. 8, 2024 /PRNewswire/ -- Arta Finance a digital wealth management platform and SEC registered investment advisor today announced its approval as a Managed Separate Accounts (MSA) investment manager for PruLife Private Placement Variable Universal Life (PPVUL) policies This approval marks a major milestone in Arta's mission to streamline the process for high-net-worth and ultra-high-net-worth members to access life insurance solutions for estate and tax planning Arta's wealth management platform offers the flexibility to invest across asset classes and its technology solves pain points around reporting and investment choices complemented by a team of highly experienced investment and insurance professionals Instead of the traditional model of working with a range of firms and experts to structure a PPVUL policy and manage its investments Arta's vertically integrated model allows policyholders to manage the process with a single firm partnering with leading insurance companies such as Prudential Financial as the policy issuer helping members understand their protection needs and giving them access to a variety of solutions from more than 30 life insurers across the United States Arta's insurance team is not compensated on commission and the firm does not have volume-based deals with insurers helping minimize conflicts of interest typical to the insurance distribution model "We're thrilled to be part of Prudential's elite network of registered investment advisors that manage their PPVUL investments," said Samita Malik "Prudential is an insurance industry leader with a 145 year history and over 50 million customers around the world Now new and existing PPVUL policyholders have a technology-first option for their portfolio management." Arta Finance is a digital family office with expertise and offerings spanning investment, tax, insurance and beyond. Insurance is only one component of an individual's financial picture and Arta is focused on helping clients manage it holistically. Learn more at artafinance.com About Arta Finance:Founded by ex-Google executives Arta Finance is a digital wealth platform for the savvy that enables more people to access the financial advantages of the ultra-wealthy The platform provides access to private market investments from leading fund managers and sophisticated financial services such as tax and estate planning Arta serves its members directly as well as empowering financial institutions to expand wealth management to new clients Insurance New Products & Services Please enable JS and disable any ad blocker RIA Quarterly Period: Q4 2024 4 Reasons To Sell Simplified Issue Disability Income Insurance (SIDI) Simplified Issue Disability Income Insurance (SIDI): A Smarter Way to Sell and Protect registered investment advisors and wealth managers with comprehensive coverage of the products services and information they need to guide their clients in making critical wealth Gary Sawatzky of the Alberta Retired Teachers' Association (ARTA) has held various roles throughout his career – each of which significantly influenced his approach to managing retirees' benefits plans.  “I've worked with ARTA for most of my career starting as an analyst in benefits consulting then moving through service roles and secondary consultancy and then finally working for them directly as their COO Such rapid growth meant we needed to ensure the needs of both older and younger retirees were looked after bringing interesting challenges to plan design discussions.”  one core aim in his current role is furthering ARTA’s outreach while simultaneously looking after all their members’ needs.   “Continuous growth is all about looking after the needs of our members,” he says “Retirees have significantly different needs and demands than active employees so we need to take a different approach with the plan design.”  ARTA's benefits plan includes unique provisions tailored to retirees.   “We provide several benefits that are not normally covered by active plans and have a different focus so our emergency travel plan is the best option available for our members,” Sawatzky explained Their plan does not include a termination age or a stability clause for pre-existing conditions “Our plan wording allows members to continue traveling without needing to track the last time they spoke to their physician or when their medications changed This is very unique in the marketplace.”  ARTA ensures that members have access to new drugs and technology.   “We began covering the shingles and RSV vaccines after they became available because our members benefit the most from them We also implemented virtual physician services as many members have mobility issues or they may no longer have a primary care physician.”  Sawatzky also addresses significant challenges within his role particularly in maintaining and enhancing the value of ARTA's benefit plans.   “Our plan is voluntary and fully paid for by participants Stretching their benefits premiums as far as possible is always our primary objective we reached a tipping point where it made more sense to administer the plan ourselves generating savings that were returned to the plan.”  Another innovative step was opening ARTARx one of the first plan-owned pharmacies in the country.   “Members are free to use any pharmacy but those who use ARTARx enjoy higher coverage levels and maximums All profits generated are returned to the plan to offset premium increases.”  Sawatzky sees maintaining comprehensive coverage while managing costs as the biggest challenge.   “New drugs and technology are inherently more expensive than those they replace and their demand tends to increase in retirement Retiree plan sponsors must carefully consider the effectiveness of these new products and drugs.”  we are always open to new ideas and ways of doing things as long as they benefit our members Retirees’ benefits needs are considerably different than those of active employees Recognizing that enables us to continue providing the best retiree benefits available.”  COMO Cocoa Island is delighted to announce the appointment of Arta Rozefelde as its new Resort Manager Rozefelde brings over 25 years of experience in the hospitality industry including leadership positions at exclusive private islands in the Philippines and the Seychelles where she held management roles in several luxury hotels Arta's deep understanding of remote luxury destinations and her passion for creating exceptional guest journeys align seamlessly with COMO Cocoa Island's ethos Her expertise encompasses front office operations with a focus on creating guest-centric experiences and implementing rigorous quality standards Rozefelde will oversee all aspects of the resort's management and operations driving excellence across departments and ensuring exceptional guest experiences that reflect COMO's signature approach to luxury hospitality and the roofscape of the site’s heritage buildings A bespoke locking system allows for easy installation and removal accommodating diverse seating arrangements This adaptability supports a range of uses at this cultural site from large-scale performances to small gatherings or individual moments of quiet reflection all images by Kevin Mak  including Gold Awards at the Better Future – Asian Design Awards 2023 and the Hong Kong Smart Design Awards 2023 a versatile public furniture system adaptable by any user the system playfully integrates with the Tai Kwun Arts and Cultural Center’s blend of historic and contemporary architecture a bespoke locking system allows for easy installation and removal Tai Kwun Chairs’ adaptability supports a range of uses at this cultural site ARTA Architects crafts the seats from wood in a range of natural hues architect: ARTA Architects | @arta_architects photographer: Kevin Mak  AXOR presents three bathroom concepts that are not merely places of function but destinations in themselves — sanctuaries of style Digital wealth platform Arta Finance has appointed Melissa-Ann Chan as its new chief marketing officer (CMO) a position newly created within the company. Chan joined Arta Finance as a founding member more than two years ago.  This move aligns with Arta Finance's ongoing global expansion which has seen operational growth since its launch in the United States last year Chan also has over 14 years of experience at Google where she played a crucial role in developing and scaling the Google Pay platform She also managed the technology roadmap for Google’s retail locations across America and Europe and contributed to the launch of several programmatic advertising platforms Don't miss: Tune Talk appoints new CMO"After two years of developing the Arta platform and experiencing significant growth in client base and AUM we are solidifying our team structure as we evolve from a start-up to a rapidly expanding wealth management platform Mel's official appointment to the CMO role follows her effective leadership in redefining wealth management," said Caesar Sengupta, Arta Finance co-founder and CEO."I’m grateful for the trust and support from our executive team and my colleagues at Arta in Singapore and Silicon Valley Arta represents a transformative direction in private wealth management merging advanced AI with private banking sophistication Our growth reflects our success in widening access to financial opportunities inspiring a new generation of investors," said Chan. In October 2024 as an external senior advisor to facilitate international growth The company also launched a new B2B 'wealth-as-a-service' platform aimed at helping partner banks offer innovative wealth management solutions with Abu Dhabi's Wio Invest as the first adopter Arta recently secured investment from EDBI the strategic investment arm of the Singapore Economic Development Board and formed a partnership with Temasek Trust's Co-Axis initiative to fund impact projects aiming to raise US$30 million over two years We break down the big and messy topics of the day so you're updated on the most important developments in Asia's marketing development – for free. MARKETING-INTERACTIVE is an online publication of Lighthouse Independent Media. © Lighthouse Independent Media. All rights reserved. Marketing Interactive is not responsible for the content of external sites. telecommunications and marketing trends CMOs need to know gaming and technology at Campaign US and PRWeek and graduated from Columbia University's Graduate School of Journalism Brandon Doerrer is Ad Age's brand marketing reporter Brandon Doerrer is a brand marketing reporter for Ad Age He previously covered the private equity industry as a reporter for PEI Media Lindsay Rittenhouse is a senior reporter for Ad Age covering broad advertising industry trends He was previously a freelance journalist and podcaster covering pop culture and entertainment as well as a Pilates instructor and a professional dancer the “Scream” franchise and Halloween costumes covers household and personal-care marketers He's based near Cincinnati and has previously written for the Atlanta Journal Constitution woodworking and graphic design industries and worked in corporate communications for the E.W Gillian Follett is a general assignment reporter for Ad Age. She writes about a variety of topics including social media influencer marketing and the creator economy Gillian graduated from Syracuse University’s S.I He previously covered corporate communications and public relations agencies as a reporter at PRWeek Jon Springer covers sports marketing and beverage marketing He formerly covered the food retail industry for Winsight and Supermarket News and is a former sports and features writer for The Cecil Whig He has worked in newspapers from Albany to New York City He has also worked at every advertising industry trade publication that matters and he once visited Guatemala and once rode the Budapest Metro Adrianne Pasquarelli is a senior reporter at Ad Age She is also a host of the Marketer’s Brief podcast and spearheads special reports including 40 Under 40 and Hottest Brands Pasquarelli joined Ad Age in 2015 after writing for Crain's New York Business where she also focused on the retail industry.  Bradley Johnson is Ad Age's director of data analytics Johnson focuses on data and financial topics related to marketing Los Angeles and New York including editor at large overseeing breaking news and daily coverage He also contributes reporting on the beverage automotive and sports marketing industries He is a former reporter for McClatchy newspapers where he covered business and state government and politics Jones Krahl is U.S. head of creative and creative fellow at Deloitte Digital Too busy prepping for bedtime w my 10 step skincare routine and sleepy girl mocktail to text back don't tempt me https://t.co/XssJp0kyQZ View this post on Instagram A post shared by Boll & Branch (@bollandbranch) which has also pushed into the Singapore market says it is using digital tech to change the way in which wealth management services and solutions are delivered Honda didn’t have to wait long to see the new Civic Type R-GT win in the Autobacs SUPER GT Series and what a win it was: A 1-2 finish for Honda at the Fuji GT 350km Race led by the winning #8 ARTA Mugen Civic Type R-GT of Tomoki Nojiri and Nobuharu Matsushita Sunday’s 77-lap race at Fuji Speedway was the first race in over two months and the first leg of SUPER GT’s traditional “mid-summer triple” rounds – followed by the upcoming Suzuka 350km and Sugo 300km It was a big opportunity for some teams to make up ground in the championship after tough starts to the season No team took that to heart like the squad behind the bright orange #8 ARTA Civic The duo of Matsushita and Nojiri won pole position on Saturday and then on a scorching summer Sunday afternoon Nojiri led the GT500 field to the green flag and through the first corner The three Hondas that qualified up front held their positions early on with the #100 Stanley Civic of Tadasuke Makino in second and the Dunlop-clad #64 Modulo Civic of Takuya Izawa in third Nojiri spent the first half of the race steadily building his lead over Makino while both began to break clear from Izawa Nirei Fukuzumi was on a charge from eighth place on the grid his #14 Eneos X Prime Toyota GR Supra moved up to fifth behind the #38 KeePer Cerumo GR Supra of Hiroaki Ishiura Fukuzumi drew alongside Ishiura headed into TGR Corner and grabbed fourth place With a bold send up the inside of Panasonic Corner (turn 16) Many observers were curious to see how the extra 50 kilometres would affect strategy but how early would cars begin to come to pit lane That question was answered as soon as lap 29 when the #3 Niterra Motul Nissan Z (Mitsunori Takaboshi/Atsushi Miyake) went into the pits for routine service and the #100 Stanley Civic came in on lap 32 for routine service and a change of drivers to Naoki Yamamoto Matsushita exited the pits with the net lead over Yamamoto while the top two Toyotas effectively traded positions – as TGR Team KeePer Cerumo used the undercut to get the #38 of Toshiki Oyu out ahead of Kazuya Oshima in the #14 Eneos GR Supra Matsushita had a lead of around 5.8 seconds over Yamamoto – but the two-time GT500 Champion began reeling him in quickly through traffic that gap came down to under a second and a half and Yamamoto seemed poised to take the lead for Team Kunimitsu and as the sun began to set and the track cooled off the #8 ARTA Civic was able to stabilize its margin and start pulling away again With 15 laps to go and most eyes transfixed on other battles behind them Matsushita pulled out the gap back to 2.5 seconds smooth driving was enough for Matsushita to take the chequered flag and the milestone first win for the Civic Type R-GT in its first year as Honda’s GT500 flagship vehicle It was also the perfect cure for two painful three-hour races in the spring where the #8 team retired due to drivetrain problems at Fuji and Suzuka his tenth career GT500 win encompasses two important career milestones: He became the ninth driver to reach double-digit victories in SUPER GT’s premier class He also extends his streak of consecutive seasons with a win to eight “Until now we have had some hard times but I came into this race as the starting driver with the aim of putting that all behind us,” said Nojiri Nojiri heaped praise on his co-driver’s poise in the second half of the race: “When the #100 car started to close in on Matsushita-san from behind I had fears for a while of the old ghosts returning he was able to run strongly and pull away in the lead “I just want to say first of all that it is great to have gotten the first win for the Civic Type R I am really glad we have gotten this win,” added Matsushita who recorded his third career GT500 victory “Nojiri-san gave us a big margin of lead but Yamamoto-san in car #100 was very fast put the metal to the floor and charged ahead with all I had Completing Honda’s milestone 1-2 finish – the first Honda 1-2 since Autopolis in 2022 – was the #100 Stanley Team Kunimitsu Civic of Yamamoto and Makino recording their best finish of the season in second Yamamoto and Makino would make the biggest inroads in the GT500 Championship race moving up to second place in the table behind TGR Team au TOM’S drivers Sho Tsuboi and Kenta Yamashita TGR Team KeePer Cerumo’s Ishiura and Oyu finished third giving Cerumo its first GT500 podium since the Autopolis round in 2021 – and the first podium since Yuji Tachikawa transitioned from lead driver to Team Director this was his first GT500 podium since leaving Honda for Toyota this off-season In fourth place was the #14 Eneos X Prime GR Supra of Oshima and Fukuzumi Nissan’s fleet had a mostly wretched day at Fuji: Both NISMO-run cars the #3 Niterra Motul Z and the #23 Motul Autech Z (Katsumasa Chiyo/Ronnie Quintarelli) finished a paltry 12th and 13th The #24 Realize Corporation Advan Z (Tsugio Matsuda/Ronnie Quintarelli) was battling for points until Natori suffered a slow left-rear puncture with 15 to go The only saving grace was a fifth-place finish for the #12 Marelli Impul Z (Kazuki Hiramine/Bertrand Baguette) – one position ahead of the #64 Modulo Civic of Izawa and Riki Okusa whose sixth-place finish was the best for a non-Bridgestone GT500 entry this season Hiramine made an opportunistic move behind slower GT300 traffic to fight past Okusa late in the race Sho Tsuboi and Kenta Yamashita put together a brilliant drive to go from 14th on the grid to securing precious championship points in the #36 au TOM’S GR Supra Tsuboi ran a long first stint to try and gain track position and Yamashita took over the car from tenth place Yamashita’s battle with Natori for ninth place was especially gripping – the Nissan was much faster on the straights without any fuel-flow restrictors but the Toyota seemed to be quicker in the corners Yamashita got past Natori before the #24’s puncture could have spoiled the fun then ran down the #19 WedsSport GR Supra of Sena Sakaguchi for eighth place And then on the last lap and the last run to the chequered flag the #17 Astemo Civic of Koudai Tsukakoshi ran out of fuel and Yamashita drove past for seventh place Tsukakoshi and Kakunoshin Ohta dropped only one position to eighth despite that ahead of Sakaguchi and Yuji Kunimoto in ninth Rounding out the points scorers was the #37 Deloitte TOM’S GR Supra (Ukyo Sasahara/Giuliano Alesi) which started the day getting airborne off the kerbs at turn 12 during Sasahara’s first stint and ended it with Alesi passing the #16 ARTA Civic of Ren Sato for the last points-paying position Tsuboi and Yamashita continue to lead the GT500 Championship standings but their lead has dropped to four points over Yamamoto and Makino heading into the Suzuka 350km on 1 September GT500 RACE RESULTS >> K2 R&D LEON Racing stood victorious in the GT300 class The black #65 LEON Pyramid Mercedes-AMG GT3 of Naoya Gamou and team manager/reserve driver Haruki Kurosawa picked up a runaway victory ahead of the new #87 Metalive S Lamborghini Huracán GT3 EVO2 of Natsu Sakaguchi But the story of the early laps was carnage and attrition amongst several other cars The #61 Subaru BRZ R&D Sport (Takuto Iguchi/Hideki Yamauchi) was tagged from behind on the opening lap by the #6 Uni-Robo Bluegrass Ferrari 296 GT3 (Yoshiaki Katayama/Roberto Merhi Muntan) That inflicted severe damage to the Subaru’s diffuser and a bad race would only get worse from there when the car stopped off of 100R Corner – according to Subaru and R&D Sport the pit lane speed limiter refused to disengage following a Full Course Yellow Iguchi and Yamauchi finished 12 laps down in 24th The #9 Pacific NAC VSPO AMG (Ryohei Sakaguchi/Yusuke Tomibayashi/Yuta Fujiwara) only made it a single lap before stopping near the entrance of the pit lane with a terminal differential issue An engine mapping problem caused the #50 Anest Iwata Lexus RC F GT3 (Igor Omura Fraga/Yuga Furutani) to come in for a once-over and drop off the lead lap the #25 Hoppy Schatz Toyota GR Supra (Togo Suganami/Takamitsu Matsui/Kimiya Sato) stopped near Dunlop Corner Thankfully it was nowhere close to the spectacular fire from this event last year but it was still a race-ending mechanical problem and one that brought out a Full Course Yellow Shinohara spotted the stranded Hoppy GR Supra in the final sector and his team called him into the pits for routine service and as long as Gamou could get to the end without stopping Gamou spent his 46-lap stint managing his resources and clicking off quick laps ultimately driving on to take the win by a whopping 31-second margin It was his and LEON Racing’s first win since the September 2020 race at Mobility Resort Motegi but I am especially glad because we were able to put together a race that really satisfied us,” said Gamou who collected his sixth career win in GT300 “We were able to get this win in front of my family and many other fans it was his second career win – his first since the November 2021 race “We were able to pull away at the start and were also helped by the good timing of our pit stop And then Gamou-san did a fantastic job for us in the second half I am so glad for all this,” said Shinohara all I did was report the condition of the car that had stopped over the radio and it was the decision of the people in the pit to have me come in Kurosawa won’t get credit for the win as a driver but he was certainly proud to return the LEON Racing team to the top step of the podium as the Team Director the #4 Goodsmile Hatsune Miku AMG of Nobuteru Taniguchi and Tatsuya Kataoka completed a Mercedes-AMG 1-2 finish in second while the #56 Realize/Nissan Mechanic Challenge GT-R (Daiki Sasaki/João Paulo de Oliveira) came home in third Taniguchi spent much of his closing stint fighting to stay ahead of a hard-charging Oliveira On a weekend when SUPER GT honoured the memory of the late Team Taisan founder Yasutsune Chiba could stand on the podium – the 50th of his career The #777 D’station Aston Martin Vantage GT3 (Tomonobu Fujii/Charlie Fagg) showed that its win at Suzuka was no fluke and finished fourth The two JLOC Lamborghinis were fifth and sixth with the #88 JLOC Lamborghini (Takashi Kogure/Yuya Motojima) besting the #87 Metalive Lamborghini (Kosuke Matsuura/Natsu Sakaguchi) Both JLOC cars changed rear tyres only in a race where teams tried different tyre strategies even in the summer heat It didn’t work out for two teams that tried fuel-only stops: The #31 apr Lexus LC 500h (Kazuto Kotaka/Jin Nakamura/Yuki Nemoto) used the strategy to jump to net second place after its stop but the hybrid Lexus would tumble down to 12th at the chequered flag As for the #52 Saitama Green Brave Toyota GR Supra (Hiroki Yoshida/Seita Nonaka) they dropped out of the points with a mechanical issue and retired from the race with six laps left The #7 Studie BMW M4 GT3 (Seiji Ara/Niklas Krütten/Bruno Spengler) finished seventh in a race driven exclusively by foreign imports Spengler and Krütten the #2 muta Racing Toyota GR86 (Yuui Tsutsumi/Hibiki Taira) mounted a comeback from 18th to finish eighth allowing Tsutsumi and Taira to maintain their slim lead in the GT300 Championship The #6 Uni-Robo Ferrari of Katayama/Merhi would finish ninth while the final points-paying position would come down to a photo finish the #11 Gainer Tanax Nissan Fairlady Z (Ryuichiro Tomita/Keishi Ishikawa) not only finished its first race but also scored its first top-ten finish This came at the expense of the #45 PONOS Racing Ferrari (Kei Cozzolino/Lilou Wadoux) which ended up in 11th a 21st-place finish for the #22 R’Qs AMG GT3 wouldn’t be a noteworthy result – but during her first stint Miki Koyama made some attention-grabbing overtakes in the middle of the GT300 pack and brought the #22 car closer to the sharp end of the grid than this car has been in some time The only other retirement was the #96 K-tunes RC F GT3 (Morio Nitta/Shinichi Takagi) which dropped out with a damaged radiator GT300 RACE RESULTS >> Author: © 2023 dailysportscar.com. All Rights Reserved. Link Digital June 1 (Sat) - 2 (Sun) — The third round of the 2024 SUPER GT series specially named as “SUZUKA GT 3Hours Race” was held at Suzuka Circuit (Mie Pref.) and five CIVIC TYPE R-GT cars and a NSX-GT3 car participated in each of the GT500 and GT300 class was run on a “3-hour” time-oriented format Suzuka on June 1 (Sat) was greeted by the clear morning sky and the bright sun burned down on the entire circuit The CIVIC TYPE R-GT squadron hustling on the home soil marked top times right from the morning practice session and looked perfectly ready for the afternoon qualifying sessions saw #8 ARTA MUGEN CIVIC TYPE R-GT (Nobuharu Matsushita) clocked the 2nd best time #17 Astemo CIVIC TYPE R-GT (Kakunoshin Ohta) 3rd #16 ARTA MUGEN CIVIC TYPE R-GT (Ren Sato) 4th #100 STANLEY CIVIC TYPE R-GT (Naoki Yamamoto) 6th and #64 Modulo CIVIC TYPE R-GT (Riki Okusa) 7th all five Honda GT500 entrants made way to Q2 with prosperous times #17 Astemo CIVIC TYPE R-GT (Koudai Tsukakoshi) nullified the fine effort in Q1 by the spin and ended up in a lowly 15th grid another CIVIC TYPE R-GT division carrying lighter success weights performed correspondingly well: #16 ARTA MUGEN CIVIC TYPE R-GT (Hiroki Otsu) and #8 ARTA MUGEN CIVIC TYPE R-GT (Tomoki Nojiri) marked 2nd and 4th fastest (aggregated) time with #100 STANLEY CIVIC TYPE R-GT (Tadasuke Makino) and #64 Modulo CIVIC TYPE R-GT (Takuya Izawa) following in 10th and 13th respectively the drizzling clouds in the morning gradually scattered and at 1:30 p.m. There were small puddles still remained at places on the track where all runners shod with dry tires lined up at the starting grid and waited for the green signal #16 ARTA MUGEN CIVIC TYPE R-GT (Otsu) off from the 2nd grid hung on doggedly to the pole sitter (#37 GR Supra) but was pulled away little by little thereafter slid down to 3rd on Lap-5 after being chased hard and finally passed by #14 car Otsu headed for the pit and handed the car over to Sato after tire change and refueling Sato got back into the race resuming the same virtual 3rd position and resolutely began his stint #8 ARTA MUGEN CIVIC TYPE R-GT (Matsushita) came into the pit after running 32 laps in 4th but unfortunately slowed down on Lap-44 due to a drive train failure and returned to the pit only to decide early retirement #16 ARTA MUGEN CIVIC TYPE R-GT (Sato) accumulated laps maintaining the 3rd position and transferred to Otsu who returned the race in 3rd as well a drive-through penalty was given to the race leader and thus #16 ARTA MUGEN CIVIC TYPE R-GT (Otsu) was automatically raised to 2nd albeit just for a while closing in on #16 car and overtook it at Hitachi Astemo Chicane on Lap-78 #16 ARTA MUGEN CIVIC TYPE R-GT (Otsu) went on to finish the race in 3rd at least the progress of tire wear suddenly became crucial at around 30-minutes to go While the acute degradation of tires forced tangible pace down and defended the 3rd position with 0.530-sec gap from the immediate pursuer #17 Astemo CIVIC TYPE R-GT (Tsukakoshi/Ohta) departing from 15th grid has been going on a high pace and steadily made up positions #17 car caught up with #100 STANLEY CIVIC TYPE R-GT (Yamamoto/Makino) Yamamoto/Makino duo also got their share of points achieving 3-straight point finishes from the opening round created and edited by the Finextra editorial team based upon its relevance and interest to our community Former UBS chief executive Ralph Hamers has become an external senior advisor for Arta Finance an AI-based digital wealth management startup founded by former Google executives Discover new challenges and opportunities artificial intelligence brings to the banking sector at Finextra's first NextGenAI conference on November 26 2024. Register your interest here. Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre Please read our Privacy Policy © Finextra Research 2025 Terms of usePrivacy PolicyCookie Centre service members battled through the French-led French Desert Commando Course at the Combined Training Center This multi-day course consisted of various land and water obstacles combative training and extreme endurance exercises that challenged participants both physically and mentally.  29 out of 35 service members earned the coveted Scorpion pin upon completion of the course.  French Forces Djibouti have invited the U.S SINGAPORE, 24 October 2024 – Arta Finance (“Arta”), a digital wealth platform transforming the way people grow, protect, and enjoy their wealth, and Co-Axis, a digital impact marketplace connecting ~100 impact projects from over 40 countries with funders have partnered to secure a target of US$30 million for impact projects over two years the partnership will expand the reach of Co-Axis projects all aligned with the UN Sustainable Development Goals while accelerating both organisations’ efforts to redefine business success as one that gives back to stakeholders and communities.  Unlocking New Investment and Funding Approaches for Global Impact Projects including high- and ultra-high-net-worth individuals and family offices will be able to access all impact opportunities on the Co-Axis platform and an additional eight curated for the Arta platform that align closely with the interests of its clients Refer to the Annex for more details on their opportunities As Arta holds a Capital Markets Services license from the Monetary Authority of Singapore its clients can access opportunities that involve not just charitable contributions but also debt and equity instruments enabling a wider range of impact investment strategies and approaches.  Leveraging Ecosystem Synergies for Impact  Co-Axis will collaborate with Arta to conduct webinars and other engagement activities for the Arta community aimed at building knowledge and capacity in philanthropy and impact by leveraging Co-Axis’ extensive network of partners This network includes other Temasek Trust ecosystem entities such as the Centre for Impact Investing and Practices (“CIIP”) and the Asia Centre for Changemakers (“ACC”) Arta clients will also gain access to philanthropy advisory and management services through TT Foundation Advisors (“TTFA”).  Arta will engage its global network to support impactful projects that reflect their values and aspirations Arta will strengthen Co-Axis’ platform capabilities by supporting its technology development.   “Asia’s unique demographic and economic dynamics present a particularly important opportunity for delivering impact at scale The region is facing some of the world’s most significant environmental and social challenges but it is also home to some of the most innovative solutions Arta’s private wealth platform will play a key role in amplifying its reach ensuring that our members have the opportunity to be part of this growing ecosystem and contribute to a more sustainable and equitable future.” “Co-Axis is delighted to partner with Arta Finance to connect the global impact ecosystem and scale the support for solutions addressing urgent social and environmental challenges With impact measurement at the core of Co-Axis Arta members will be empowered to make more informed and strategic funding decisions for the causes they care about and resources to unlock the catalytic funding needed to accelerate and scale promising impact projects for a more sustainable tomorrow,” said Ms Joycelyn Ong Edelman for Co-Axis[email protected] Leon Communications for Arta Finance  [email protected] Co-Axis or “Collaborative Action to Xcelerate Impact and Sustainability” is an online platform that aims to catalyse high-impact solutions at speed and at scale by unlocking blended finance across the capital spectrum and galvanising action in the global impact community our commitment extends beyond enabling transactions We empower the sharing of best practices and critical insights through networking forums global impact leaders come together to seed capital and spur innovation for a better tomorrow.  advocate of sustainability and catalyst of positive impact It provides governance and financial oversight of endowments for an ecosystem of entities with the shared purpose of building better for every generation by protecting the planet In forging new pathways for philanthropy and impact investing with like-minded partners Temasek Trust aims to promote catalytic philanthropy as a force for good.   Prudential Financial provides distinctive life insurance solutions through Arta Finance a digital wealth management platform and SEC-registered investment adviser has been approved as a Managed Separate Accounts (MSA) investment manager for PruLife Private Placement Variable Universal Life (PPVUL) policies Please check your inbox to download the Whitepaper By downloading this Whitepaper, you acknowledge that GlobalData may share your information with EDB Mauritius and that your personal data will be used as described in their Privacy Policy Tick here to opt out of curated industry news Visit our Privacy Policy for more information about our services including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address This approval is a significant step toward Arta’s goal of making it easier for high- and ultra-high-net-worth members to access life insurance solutions for estate and tax planning Don’t let policy changes catch you off guard Stay proactive with real-time data and expert analysis Along with a team of highly skilled investing and insurance specialists Arta’s wealth management platform enables the ability to invest across asset classes and its technology alleviates pain points related to reporting and investment choices By collaborating with insurance companies like Prudential Financial as the policy issuer policyholders can manage the process through a single firm with Arta’s vertically integrated model which eliminates the need for policyholders to work with multiple firms and experts to structure a PPVUL policy and oversee its investments Since commencing its insurance offering in 2023 Arta has obtained almost $150m in life insurance coverage and provides the entire spectrum of life insurance solutions It is a full-service insurance brokerage that offers members access to a range of options from over 30 life insurers in the US as well as assistance in understanding their protection needs and the availability of appropriate policies Arta’s insurance staff is not paid on commission and the company does not have volume-based agreements with insurers which helps reduce conflicts of interest that are common in the insurance distribution model chief insurance officer at Arta Finance stated: “We’re thrilled to be part of Prudential’s elite network of registered investment advisors that manage their PPVUL investments Prudential is an insurance industry leader with a 145-year history and over 50 million customers around the world Now new and existing PPVUL policyholders have a technology-first option for their portfolio management.” Arta Finance is a digital family office with experience and offerings in investment Insurance is simply one part of an individual’s financial picture and Arta focuses on assisting clients in managing it effectively Give your business an edge with our leading industry insights View all newsletters from across the GlobalData Media network SCOR P&C has announced the appointment of Arta Nasradini (pictured above) as head of aviation Nasradini will be based in Zurich and will join the reinsurance specialty lines management team Get the latest reinsurance news direct to your inbox twice a week. Sign up here Nasradini brings significant experience in underwriting aviation risks. Most recently, she managed the DACH Aerospace portfolio team at AIG. Earlier in her career, she held various roles in aerospace underwriting at Swiss Re Corporate Solutions working in areas such as client management and underwriting across locations including Munich She holds a dual degree in international management and finance from Hochschule Augsburg in Germany and Ecole Supérieure de Commerce Extérieur in France.  Jenck said that Nasradini’s industry background positions her to strengthen SCOR’s aviation reinsurance portfolio by leveraging the existing team and the company’s global presence.  “With her extensive industry experience Arta is well-positioned to maximize the value of SCOR’s Aviation reinsurance portfolio I look forward to working with Arta and wish her every success in her new role,” Jenck said and marine specialty lines underwriting teams until his retirement at the end of 2024 “Adrian’s remarkable contributions to SCOR have had a significant impact on our portfolio I wish him the very best in his well-deserved retirement,” Poxon said Earlier this month, AM Best affirmed the credit ratings of SCOR SE and its main subsidiaries removing them from review and assigning a stable outlook The decision follows a comprehensive review of SCOR’s recent financial adjustments and strategic changes in its life and health (L&H) business SCOR’s ratings had been under review since July 2024 when the company announced a detailed reassessment of its L&H reserving assumptions alongside its second-quarter results Please feel free to share your comments below Get the latest reinsurance news direct to your inbox twice a week. Sign up here IBS Intelligence Financial Technology News & FinTech Research Three imperatives to manage the cost of compliance 10 steps for an effective core banking system selection Fast Followers: Winning Strategies in Banking’s AI Race Aligning Islamic Principles with Global Sustainability Goals FIDA Unleashed | Beyond Open Banking & Data Privacy Scale The Legacy Exit Strategy for Payment Modernization Building A SuperApp-Driven Banking Ecosystem Build Approach for Lending Origination Solutions FinTech insights exclusively State of the Market: Mid-Year 2021 IT Spending and Economic Arta Finance It is now open to accredited investors in Singapore and international investors who are open to managing their wealth in Singapore The international launch follows Arta’s debut in the US in October 2023 it has grown to manage hundreds of millions in assets for thousands of clients will empower them to make smarter investment decisions and ideate “Arta is at the intersection of some powerful trends 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.” Arta also took a major step on its B2B journey with the announcement that Abu Dhabi’s Wio Invest would be the first of many financial institutions to integrate the Arta wealth-as-a-service platform into Wio’s digital investment platform The ‘Wealth-as-a-Service’ platform for banks is a new B2B offering by Arta It was done with support from the venture-building team of the Singapore Economic Development Board (EDB) To help integrate a cloud and AI native wealth platform into legacy systems at partner banks Arta is also announcing partnerships with Google Cloud and global management and technology consultancy Capco to provide solutions for banks looking to adopt Arta’s technology Stay updated with the latest Financial Technology news © IBS Intelligence and Cedar Management Consulting International Arta Finance launches globally in Singapore and introduces Wealth-as-a-Service for banks a rapidly expanding digital wealth management platform has been launched worldwide Arta’s platform is available to both foreign and accredited investors in Singapore who are interested in managing their wealth there Singapore is a global hub for wealth management with 1.6 million non-Singaporeans predicted to handle $4.8trn in assets by 2028 Arta’s worldwide launch follows its effective debut in the United States in October 2023 where it evolved to handle hundreds of millions of dollars in assets for thousands of clients In contrast to many other financial institutions Arta’s wealth platform provides a carefully curated transaction flow that comprises new structured products private investments from select fund managers and astute public market strategies – all without the sales pressure support for philanthropic giving in collaboration with Co-Axis and an AI Copilot that speaks Singlish are just a few of the distinctive elements of Arta’s Singapore-designed product Arta also launched the first AI Copilot designed specifically for wealth management and finance which will be gradually rolled out to members will enable them to make better investment decisions by allowing them to ideate and monitor their portfolios using tools and insights that would normally require large teams of relationship managers Arta’s AI systems are designed for wealth and finance applications utilising large language models and a combination of commercially available models combining LLM fluency with time sensitivity Arta’s AI stack is privacy-preserving Alvin Tan, Singapore’s Minister of State for Trade and Industry, and MAS board member helped launch Arta in Singapore Arta CEO Caesar Sengupta stated: “Arta is at the intersection of some powerful trends Abu Dhabi’s Wio Invest will integrate Arta’s wealth-as-a-service platform into its digital investment platform creating a new wealth management offering for clients in the Middle East supported by the Singapore Economic Development Board enables partner banks to serve clients better and meet evolving demands with faster time-to-market Arta is partnering with Google Cloud and global management consultancy Capco to provide solutions for banks adopting Arta’s technology Singapore Country director and head of international expansion added: “Singapore is the natural home for Arta’s international business with its rising importance as Asia’s wealth hub The launch of the B2B business is an extension of Arta’s mission We are proud to welcome Wio as our launch partner and look forward to growing together.” View all newsletters from across the GlobalData Media network Get the hottest Fintech Singapore News once a month in your Inbox Arta Finance has launched Arta AI an artificial intelligence-powered tool aimed at helping users manage their wealth through a digital interface The platform enables clients to engage with a suite of AI agents for portfolio analysis The new feature is designed to offer personalized on-demand assistance through voice or text allowing users to ask questions such as “How is my portfolio performing?” or “What should my portfolio look like?” Arta AI tailors its responses based on each client’s financial goals and preferences Arta AI will be offered via monthly subscriptions starting at US$20 Clients with over US$100,000 managed by Arta will receive free access The company also plans to extend the AI offering to partner banks and financial institutions as part of its business-to-business platform Arta AI includes three primary agents: an Investment Planner that helps build tailored portfolios a Product Specialist to guide users through Arta’s platform and a Research Analyst to assist with investment ideas and security selection The launch reflects Arta’s broader aim of making professional-grade investment tools more accessible to a wider range of investors The company’s platform already provides accredited investors access to private equity along with financial planning services and a community for sharing insights More AI agents are expected to be introduced in the coming months as part of Arta’s expansion roadmap “The old world of wealth management is built on exclusivity and high barriers to entry AI brings a level of accessibility and intelligence to wealth management that was unimaginable just a few years ago.” “Traditional private banking serves a fraction of the world’s investors leaving millions without access to the tools that drive wealth creation technology-driven wealth management.” Featured image credit: Edited from Freepik Subscribe to the most important Fintech Singapore News a leading Hong Kong-based blockchain investor and the Chairman and Non-Executive Director of Arta TechFin implements his vision in bringing greater efficiency and accessibility to real-world assets via Arta TechFin and the Chainlink platform The collaboration will expand upon pre-existing fund tokenization efforts and enable ARTA's use of Chainlink services with respect to stablecoin issuance ARTA plans to integrate and leverage a full suite of Chainlink services to provide a wide range of innovative tokenized real-world asset products and services to asset owners and regulated financial institutions The upcoming partnership brings a much-needed market standard for originating The ARTA-Chainlink solution aims to bring a wide variety of key asset data onchain and across different blockchains to unlock novel tokenized real estate and stablecoin use cases This partnership will help meet the needs of asset owners and financial institutions in Hong Kong and abroad that are seeking greater levels of accessibility to the digital asset space for their clients "We're excited about expanding the work that we're doing with both ARTA and Dr "Hong Kong continues to show itself as a key hub for digital asset innovation where we're seeing cutting-edge implementations from firms like ARTA for the improvement and greater evolution of the blockchain space in general." "We are delighted to deepen our strategic partnership with Chainlink Labs to effect a revolutionary transformation of our best-in-class financial products and services Our joint effort aims to satisfy market scarcity for an end-to-end solution that addresses pain points from off-chain primary origination and secondary trading to enhanced product integrity," said Eddie Lau offering a hybrid of traditional and blockchain financial services in brokerage In November 2023, ARTA announced that it was developing regulated interoperable fund tokens on major chains and was collaborating with Chainlink Labs to use Chainlink services to help deliver fiat-based investment returns for ARTA clients This partnership is another marker of Hong Kong's prominence as a leading digital asset hub along with the recent announcements of spot Bitcoin and Ethereum ETFs Given the high demand seen with fund tokenization ARTA is now extending the collaboration with Chainlink Labs to bring more offerings to financial entities and large enterprises About Arta TechFin Corporation LimitedArta TechFin (0279.HK) is a Hong Kong-based financial services platform.  ARTA offers customized and exclusive financial management solutions for diverse customers' needs We strive to empower our valued clients to realize their financial objectives with exceptional results are licensed under Hong Kong Securities and Futures Commission for brokerage and asset management services.  Other licenses include Hong Kong Stock Exchange participant trustee license and money lending license in Hong Kong as well as Eurex Exchange and Chicago Mercantile Exchange participants About Chainlink LabsChainlink Labs is the primary contributing developer of Chainlink the leading technology platform for onchain data The Chainlink platform enables financial institutions to develop customized and future-proof blockchain applications and tokenized assets Chainlink can power tokenized assets throughout their entire lifecycle providing secure interoperability between any private or public blockchain to increase liquidity and synchronizing asset data between blockchains and existing systems to maintain a unified golden record and many others have collaborated with Chainlink to successfully demonstrate how financial institutions can use existing infrastructure and messaging standards to interact with tokenized assets across any blockchain Nobuharu Matsushita give new Honda Civic Type R-GT its second SUPER GT pole position… Honda locked out the top three positions in qualifying for this weekend’s Fuji SUPER GT round as ARTA pair Tomoki Nojiri and Nobuharu Matsushita scored pole Nojiri and Matsushita’s combined efforts at the wheel of the No 8 Honda Civic Type R-GT produced an aggregate lap time of 2:56.359 enough to take the top spot by 0.318 seconds from Team Kunimitsu Honda duo Naoki Yamamoto and Tadasuke Makino It marked Honda’s second pole of the season with the brand-new Civic the first one having come in the second round at Fuji in May Makino had been fastest in Q1 with a time of 1:28.026 with Matsushita third-fastest in that session behind the Dunlop-shod Nakajima Honda of Riki Okusa Nojiri was able to outpace his opposite number in the No Takuya Izawa booked third on the grid behind the top two cars which had only been seventh-quickest in the hands of Hiroaki Ishiura in Q1 but vaulted up to fourth place thanks to Toshiki Oyu setting the second-best time in Q2 Completing the top five was the Real Racing Honda of Koudai Tsuakoshi and Kakunoshin Ohta while top Nissan was the Impul machine of Kazuki Hiramine and Bertrand Baguette which had been fourth after Q1 but slipped to sixth on aggregate Another car to lose major ground in Q2 was the No which ended up 10th despite Otsu setting the fifth-best time in Q1 The two NISMO Nissans struggled to 11th and 12th places 3 that sits second in the championship and is one of three cars carrying a fuel flow restrictor as part of its success handicap this weekend 36 car in 14th ahead of the Suzuka-winning No LEON Racing Mercedes Beats JLOC to GT300 Pole 65 LEON Racing Mercedes-AMG GT3 Evo on pole for the second time this season With the aggregate qualifying being scrapped for the lower class at the last moment owing to an oil spill in the earlier Japanese Formula 4 race only the times in Q2 counted for the grid order with Q1 only serving to determine the 16 cars fighting for pole Takuro Shinohara had been second-fastest in his Q1 group in the LEON Mercedes but come the pole shootout Gamou turned in a lap of 1:37.764 to beat Natsu Sakaguchi in the No 87 JLOC Lamborghini Huracan GT3 EVO2 by 0.051 seconds 87 car had only been shaken down on Saturday morning during practice after the team finally took delivery of a second EVO2-spec car on Thursday Tatsuya Kataoka left it late to put the Goodsmile Racing Mercedes-AMG third ahead of the Suzuka-winning D’station Racing Aston Martin Vantage GT3 of Charlie Fagg although teammate Tomonobu Fujii had been fastest of all in Q1 Subaru’s works BRZ meanwhile ended up down in a disappointing ninth despite Hideki Yamauchi topping his Q1 group The championship-leading Inging Toyota GR86 GT shared by Hibiki Taira and Yuui Tsutsumi failed to make the ‘Upper 16’ pole shootout and was left to scrap it out for a maximum of 17th on the grid Tsutsumi lost that particular battle to the UpGarage Honda NSX GT3 Evo22 leaving he and Taira starting down in 18th place RESULTS: GT500/GT300 (1-16)/GT300 (17-27) This work, Joint Light Leaders Course trains at Arta, by CPT Owen Dietrich, identified by DVIDS, must comply with the restrictions shown on https://www.dvidshub.net/about/copyright that means JavaScript has been disabled on your browser Please enable JavaScript to make this website work Former UBS and ING boss Ralph Hamers joins an American wealth management platform that relies on artificial intelligence is joining a US wealth manager as an «Angel Investor» and external advisor The digital wealth platform Arta Finance was founded by former Google employees. The company aims to enable private individuals to invest in the style of a family office. According to press release issued on Thursday the focus is on combining financial expertise with the use of artificial intelligence In April 2023, Hamers stepped down as head of the major bank after around two years in office as part of the accelerated takeover of Credit Suisse by UBS paving the way for the return of Sergio Ermotti which has offices in Los Angeles and Singapore Hamers joins a circle of around 140 technology and financial experts who support the company Among the early invesotors are Eric Schmidt former CEO of Alphabet (Google's parent company) Arta wants to contribute to the democratisation of asset management and enable a low-threshold offering without high minimum deposits The digitalisation of business models and the integration of front-to-back technology has always been a central focus of his work I see a tremendous opportunity for incredibly smart people from the technology and financial world to come together to build a platform that is more than ready to take its place among the world's leading asset managers.» The company currently offers its services to so-called «accredited investors» int the USA According to the definition of the Securities and Exchange Commission (SEC) these are individuals with a net worth of at least $1 million or an annual income of at least $200,000 This is the first time that Hamers has stepped back into the professional limelight since his departure from UBS His name surfaced in media reports as a potential candidate during the search for the head of Schroders He was also considered a possible candidate at Julius Baer Hamers is also involved in other financial technology projects He is in no hurry to return to a management position I've decided to do what I really enjoy and see what comes up,» he said finews.com publishes on its own Web-TV-Channel interviews with well-known figures of Swiss finance. + More on this topic + More on this topic + More on this topic