Congruent, a Chennai and US-based technology solutions provider to the US retirement industry, has acquired IPX Retirement Edge, a platform for retirement income solutions, from the US-based IPX Retirement.

The IPX Retirement Edge platform will help Congruent cater to the growing need for guaranteed and secured income options among participants, a release said.

IPX Retirement Edge enables Defined Contribution retirement plans to offer in-plan guaranteed income investment options. It supports the entire participant journey and experience, from enrolment and education to investment selection, policy issuance, cashiering, and statement reporting.

Published on April 2, 2025