Netcompany acquires a 20% stake in leading FinTech company to form a strategic partnership

Netcompany was founded by André Rogaczewski and Claus Jørgensen in 2000 with the ambition to become a market leader within digitalisation in both the public and private segments in Denmark. In 2015 this ambition was enhanced to become a Northern European market leader and a presence was established in Norway, the UK and the Netherlands.

In 2018 Netcompany Group was introduced to the Copenhagen Stock Exchange as a Unicorn and in 2021 Netcompany Group acquired Intrasoft S.A with strong presence in both the EU and Greece and enhanced its ambition to become European market leader.

Today Netcompany Group is active in more than 10 countries and employs close to 8.000 staff.

Netcompany Group Platform offerings:

• AMI - a platform for document handling, electronic mailbox, and communication with customers.
• Amplio - a case management system platform based on leading case management systems delivered to multiple government entities in Denmark.
• Pulse – real time data access platform based on the solution build for and implemented in Copenhagen Airport.
• DX4B –is a standardized, modern, and future proof, cloud-based banking and finance solution, utilizing a revolutionary banking technology framework that standardizes and simplifies the overall banking architecture.
• Airhart – a leading data driven digital platform for Airports developed together with Copenhagen Airport through the joint venture “Smarter Airport”. The platform is live in Copenhagen Airport.
• Ermis – a leading solution for handling all aspects of customs in compliance with the MAPS program launched by the EU. Currently implemented in several countries within the EU.
• NC Tax – a leading solution for managing all aspects of tax management with tax ministries and departments for European countries.
• PERSEUS - a leading solution for social security management implemented in several countries within and outside Europe.

 

About Festina Finance and its software solutions

Festina Finance, founded by Morten Schantz, is a leading Danish fin-tech company, developing advanced financial software systems for pension administrators, pension funds, insurance companies and banks. The two main products are the Festina Finance Life and Pension Platform and the Advisor.

Festina Finance has more than 120 employees, with 10 – 30 years of experience within the sector. Revenue in 2022 was close to DKK 100m.

Festina Finance Platform offerings:

The Life and Pension Platform

• The Festina Finance Life and Pension Platform is a leading solution for Policy administration platform for pensions, a suite of connected systems for handling market-based interest products as well as G82 products
• A cloud-based solution enabling calculation of more than 1 million policies in less than 15 minutes
• The solution is divided into components, which means that it can handle either payments in and out or unit link as separate solutions

The Life and Pension Platform was originally developed and delivered to Pension Danmark in 2021 and is currently being implemented at AP Pension in Denmark. In addition, implementation projects are ongoing with APG and AZL in The Netherlands. With APG and AZL onboard Festina will be market leaders in The Netherlands and serve more than 6 million end-customers.

The Advisor Platform

• A complete advisory platform, enables advice for retirement planning, wealth management, investments, mortgages and loans – e.g., banks use it as the foundation for issuing loans and credits.

The Advisor product was first implemented for SDC and has later been implemented by customers such as PensionDanmark and PFA.