M&A
Tech solutions provider to retirees Congruent acquires IPX Retirement Edge
Congruent, a Chennai- and Bellevue, WA (USA)-based technology solutions provider to the US retirement industry, has acquired Colorado, USA-based IPX Retirement Edge , a platform for retirement income solutions, from the US-based IPX Retirement.IPX Retirement Edge enables defined contribution retirement plans to offer in-plan guaranteed income investment options. It supports functions from enrollment and education to investment selection, policy issuance, cashiering, and statement reporting.
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