2017年9月，Scalable Capital与阿姆斯特丹ING Groep NV旗下的德国数字信贷公司ING-DiBa建立合作伙伴关系，向其800万客户提供Scalable Capital的投资服务。该公司联合创始人和首席营销官Ella Rabener表示，Scalable Capital算法管理项目组合获得了超过5亿欧元的资金流入。
同大多数智能投顾公司一样，Scalable Capital使用交易所交易基金来帮助投资者投资，公司的投资方包括ETF巨头贝莱德公司（BlackRock Inc.）。公司让投资者选择他们愿意接受的下行风险，然后通过算法将各个投资组合整合在一起，以确保在任何时候都能达到该水平。如果发生无法预知事件，例如意外的利率上升，算法将会在几天内评估是否会对投资风险产生持续影响，并相应调整投资组合。
When a quartet of German and British finance professionals started their computer-driven asset management offering 28 months ago, they were joining a crowded field. So-called robo-advisers had been plying investors with digital ways to manage their money for several years.
Now their startup, Scalable Capital, has amassed 1 billion euros ($1.2 billion) in assets under management, the company said Tuesday, joining the ranks of the largest independent firms. One reason why: Scalable Capital wasn't shy about joining forces with the investment giants robo-advisers are supposed to be disrupting.
The firm in September announced a partnership with ING-DiBa, the German digital lender owned by Amsterdam-based ING Groep NV, offering Scalable Capital's investment services to its 8 million customers. As a result, more than 500 million euros flowed into the young company's algo-managed portfolios, said Ella Rabener, a co-founder and the company's chief marketing officer.
"European investors are becoming more nervous about retirement and preserving their standard of living," said Rabener, a former associate principal at McKinsey & Co. who formed Scalable Capital with veterans from Goldman Sachs Group Inc. and Barclays Plc. "They're looking for an easier way to invest."
Like most robo-advisers, Scalable Capital uses exchange-traded funds to make bets for investors. The company, which counts ETF giant BlackRock Inc. among its investors, uses an approach in which investors select how much downside risk they are willing to accept and algorithms then put together portfolios to make sure that level is met at all times. If an unforeseen event occurs, like an unexpected increase in interest rates, the algorithms will asses for a couple of days whether this will have a sustained impact on the risk of the investment, and adjust the portfolio accordingly.
Noting that even private banks use ETFs these days, Rabener says it is possible that someday robo-advisers may go after more high-net-worth clients by adding services such as current accounts and advice on managing complicated tax and financial issues. Yet with Europeans sitting on trillions of euros in savings accounts, she said the firm is content to push for more deals like the one with ING-DiBa.
"The opportunity to shift some of those savings accounts into capital market products is enormous," Rabener said.