InspereX Teams with SUBSCRIBE, Luma to Launch Alts Platform

Core Insights - The alternative investment technology space is becoming increasingly competitive with the launch of Aria, a tech portal aimed at Registered Investment Advisors (RIAs), by InspereX in collaboration with Luma and SUBSCRIBE [1][3] - Aria will provide access to fixed income, structured products, and alternative investments, enhancing the ability of RIAs to create custom portfolios for their clients [1][3] Company Summaries - InspereX operates the BondNav platform, focusing on fixed-income investments, and aims to empower RIAs with the Aria platform [2][3] - Luma specializes in annuities, life insurance, and structured products, and its technology will be integrated into Aria to enhance personalized investment strategies [2][3] - SUBSCRIBE is focused on automating and digitizing the investment process for alternatives, contributing its technology to support the Aria initiative [2][3] Industry Developments - The launch of Aria follows a year of significant technological development aimed at facilitating the adoption of private market investments within the wealth management sector [3] - Other notable industry movements include AssetMark's launch of private market investment options, Charles Schwab's acquisition of Forge Global Holdings, and partnerships involving KKR, Apollo Global Management, and others on the Corastone blockchain platform [4]