Scalable Capital has taken a pioneering step by opening its investment platform to external artificial intelligence assistants. Clients can now link accounts to tools such as ChatGPT, Claude, and Grok, enabling natural-language analysis of holdings and trade execution.
The company positions the move, branded “Agentic Investing,” as the first of its kind by a European bank.
Founded in 2014 and headquartered in Munich, Scalable serves more than one million customers across Germany, Austria, Italy, Spain, France, and the Netherlands.
It oversees over €60 billion in assets. Until now, users interacted mainly through the firm’s app and website. The new capability adds AI chat interfaces as another access point.
Users activate the feature in their online profile under security settings.
Connection relies on the Model Context Protocol (MCP) server or a command-line interface.
Once linked, an AI agent can review portfolio composition, asset allocation, cash balances, and performance.
It can also search for stocks, ETFs, and derivatives; retrieve free real-time quotes, historical prices, and news; manage watchlists; set price alerts; and prepare savings plans or trades.
Scalable’s own Insights analytics suite is integrated, supporting deeper reviews such as diversification checks, scenario modeling, sector and regional breakdowns, and risk assessments.
All actions requiring money movement or plan changes still need explicit client approval before execution.
Activity remains visible and controllable via the app or website, preserving human oversight.
Co-founder and co-CEO Erik Podzuweit described the launch as an early stage rather than a finished product.
He noted that many people remain cautious about allowing an external AI to view or influence their investments.
He expressed the view that AI assistance could, on average, improve outcomes, while acknowledging that evidence is still needed.
The company plans to embed similar functionality inside its own application later, expecting wider adoption once that occurs.
The approach differs from the typical industry path.
Most institutions first build internal AI tools and only later consider external connections.
Scalable has reversed the sequence, prioritizing open access to popular agents.
Podzuweit framed agentic investing as the most significant technological advance in finance since online banking, arguing that it establishes a new standard for interaction among people, artificial intelligence, and capital markets.Security measures form a core part of the design.
Access can be managed or revoked, and the platform does not guarantee the accuracy of AI-generated output.
Clients retain final decision rights. The offering works with major assistants and is intended to expand over time.
For retail investors, the change lowers the barrier to sophisticated portfolio work.
Instead of navigating menus, users can issue plain-language instructions such as analyzing underperforming holdings or adjusting limits.
Whether this leads to better long-term results remains an open question that Scalable itself is watching closely.The development arrives as financial firms explore how to responsibly hand limited trading power to AI systems. Scalable’s early move places it at the forefront of that experiment in Europe.
