German online broker Scalable Capital has announced that its clients can now trade and analyse their portfolios using third‑party artificial intelligence platforms. The company said customers will be able to use services such as ChatGPT and Claude for these purposes.
What the change entails
According to Scalable Capital, the AI‑based platforms act as an additional access channel alongside the existing mobile app and website, enabling trading and portfolio analysis tied to client accounts. The firm said it implemented multi‑level security measures to protect customer accounts.
Erik Podzuweit, co‑founder and co‑CEO of Scalable Capital, told Reuters that the rollout is an "initial step." He added that broader adoption is expected once AI functionality is integrated directly into the company’s own application. Podzuweit also suggested that AI use could lead to better average returns, but said it is too early to make definitive claims.
Company profile and footprint
Scalable Capital was founded in 2014. The firm serves more than one million clients and manages in excess of 60 billion euros in assets. It is primarily active in Germany and Austria, and also operates in Italy, Spain, France and the Netherlands.
Why this matters
The announcement signals further diversification of client interaction and trading channels in financial services. Allowing account access via AI platforms may offer new convenience and analytics options for clients, while also raising security and regulatory considerations when third‑party models are connected to financial accounts.
Source and note
The report is based on Reuters coverage and the company’s statements. This article does not constitute investment advice. An AI assistant contributed to preparing the piece; the final content was edited and verified by our journalist.
