Under this agreement TrackInsight agrees to provide Vaamo with ratings, data and analytics on over 4,000 ETFs listed globally, supporting the robo-advisor’s effort to implement a state-of-the-art ETF selection process and aiming at improving the financial performance of its portfolios and compliance with its fiduciary responsibilities under MiFID II.
To this end, Vaamo will enjoy full access to the independent and certified quantitative analysis available on www.trackinsight.com, contributing to the optimisation of their portfolio construction process.
Jean-René Giraud, founding CEO of TrackInsight explains
“this agreement comes at a time the European robo-investment industry is reaching a mature state with some established players now seriously addressing the complex questions of asset allocation and ETF selection. If recent bull markets may have eluded the importance of controlling investment costs, we are delighted to welcome Vaamo as one of the seven European players addressing the best interests of their investors and relying on TrackInsight infrastructure to achieve this goal.”
Oliver Vins, Co-CEO and founder of Vaamo, adds
“As a truly independent robo advisor it is part of our value proposition to our customers that we continously monitor and analyse the complete ETF universe comprising thousands of funds and pick the best for our portfolios. Our analyses can only be as good as the data we rely on. Thus, complete and accurate data on all listed ETFs is absolutely crucial. From our experience TrackInsight provides the most reliable data on ETFs. Thus, we are very happy to enter into this cooperation.”