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PRESS RELEASE: JDC Group AG: JDC Group and comdirect sign five-year contract

| Quelle: Dow Jones Newsw... | Lesedauer etwa 4 min. | Text vorlesen Stop Pause Fortsetzen

DGAP-News: JDC Group AG / Key word(s): Alliance
JDC Group AG: JDC Group and comdirect sign five-year contract

2019-10-22 / 15:57
The issuer is solely responsible for the content of this announcement.

*JDC Group and comdirect sign five-year contract*

*- JDC and comdirect have developed a Bancassurance solution based on JDC
platform technology.*

*- The JDC platform offers comdirect a comprehensive, single-source,
front-end to back-end transaction processing architecture. *

Roughly a year ago, JDC Group AG and comdirect bank AG agreed in a letter of
intent to collaborate in developing technology that would let comdirect
expand its range of products to include insurance using platform technology
from JDC Group AG. Following the success of this project, a collaboration
agreement has now been signed with comdirect Versicherungsmakler AG, a
wholly-owned subsidiary of comdirect bank AG.

Comdirect Versicherungsmakler AG will handle insurance products for a period
of five years exclusively via the JDC platform, relying on technology from
the JDC Group for all services from the front-end to the back-end.

The insurance portfolios will be managed in the back-end using JDC's
proprietary client and contract management software, iCRM. This will allow
comdirect Versicherungsmakler AG to provide professional multi-insurance

In addition, a customised white label version of JDC's proprietary web app
"allesmeins" will also be available. With it, comdirect's clients will not
only be able to keep close track of their insurance contracts with every
major insurance partner, but also optimise them with the aid of professional
market analysis. Going forward, this will allow comdirect to now provide its
clients with smart financial advice in the insurance sector.

"We are pleased to be working with comdirect in shortly rolling out this
wide-ranging, integrated bancassurance solution. This all-round service
based entirely on JDC platform technology goes well beyond what existing
insurtech is capable of and supplies a complete transaction processing
architecture for everything from front-end to back-end from a single
source," said Stefan Bachmann, JDC Group AG management board member with
responsibility for digitisation strategy.

"Through our professional platform technology we were able to fully meet the
high levels of quality commonly expected in the banking sector, and which
comdirect also intends to apply to its insurance operations," commented Dr
Sebastian Grabmaier, Chairman of JDC Group AG. "Plus, other brokers,
consultants and groups associated with us who use our sales technology will
likewise be able to profit from the quality of services provided by the JDC
platform," Grabmaier added.

You can find further information on the company and affiliates at
www.jdcgroup.de [1].

*About JDC Group AG*
JDC Group AG (ISIN: DE000A0B9N37) stands for modern financial advice and
intelligent financial technology for advisors and customers. In the
"Advisortech" business unit, via our subsidiary Jung, DMS & Cie., we provide
our customers and advisors with modern advisory and administration
technology. While many sales and distribution partners perceive the
technological transformation as a problem and the young Fintech companies as
the new competitors, we perceive the "technology" factor to be a great
opportunity. Solutions from the "Advisortech" business unit help advisors,
brokers, banks and other intermediaries to take even better care of their
customers and generate increased sales in their earnings. In the "Advisory"
segment, we procure financial products for private end customers via free
advisors using the FiNUM Group. With over 16,000 connected sales partners we
are one of the market leaders in the German-speaking region.

The Directors of JDC Group AG hold a participating interest in JDC Group AG
and have a self-interest in the nature and content of the information
provided in this release.

JDC Group AG

Ralf Funke
Investor Relations
Phone: +49 611 890 5750
Email: funke@jdcgroup.de

2019-10-22 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
Language: English
Company: JDC Group AG
Kormoranweg 1
65201 Wiesbaden
Phone: +49 (0) 611 890 575-0
Fax: +49 (0) 611 890 575-99
E-mail: info@jdcgroup.de
Internet: http://www.jdcgroup.de
ISIN: DE000A0B9N37
Indices: Scale 30
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt
(Scale), Hamburg, Stuttgart, Tradegate Exchange
EQS News ID: 894299

End of News DGAP News Service

894299 2019-10-22

1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=ee7ecefc1cbf888bc6ea2651f92b283b&application_id=894299&site_id=vwd&application_name=news

(END) Dow Jones Newswires

October 22, 2019 09:58 ET ( 13:58 GMT)

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