Scalable Capital is offering BlackRock employees in the UK streamlined access to its technology-driven investment management service.
This agreement follows BlackRock’s strategic investment in Scalable Capital earlier this year, which brought the company’s total funding to EUR41 million.
This is one of many recent agreements that Scalable Capital has entered into as it continues to roll out further partners across Europe.
Adam French, Co-Founder and CEO of Scalable Capital, says: “When it comes to digital innovations, BlackRock acts exceptionally quickly and decisively. We are very pleased that BlackRock embraces the benefits of digital investment management and that we are given the opportunity to help their UK workforce manage their personal investments using our sophisticated methodology.”
“The quality of Scalable Capital’s technology combined with the simplicity and ease of use make this a valuable proposition to BlackRock employees,” says Patrick Olson, BlackRock’s Deputy Global Chief Operating Officer, and a member of Scalable Capital’s Supervisory Board.