Congruent’s cloud-based CORE platform helps the retirement plan industry manage plan administration more efficiently and reduces the Total Cost of Ownership (TCO)
Congruent Solutions, leading technology solutions and outsourced plan administration services provider to the retirement plan industry in the US, has been featured as a top technology provider in the Everest Group’s Retirement Technology Provider Compendium 2022 report.
Everest Group is a leading global research firm providing strategic insights on IT, business processes, and global outsourcing. The Compendium offers an accurate, comprehensive, and fact-based analysis of various Retirement Technology Providers in the market and their contributions to the US retirement industry.
In this year’s Retirement Technology Provider Compendium 2022, Everest Group has featured Congruent Solutions as a niche retirement technology services provider that offers a cloud-ready technology stack to retirement plan providers.
Speaking about Congruent being mentioned in the Everest Group Report, Lucas Soucy, COO of North America, Congruent Solutions, said, “We are delighted to be mentioned in the Everest Report for our contributions to the retirement plan industry. We have been a niche retirement technology and services provider for nearly two decades. Congruent is ushering in change in the retirement plan industry through its CORE modules built on contemporary technologies. Our CORE suite of modular solutions built on a cloud-ready technology stack offers the industry a contemporary platform to manage and administer retirement plans.”
“Robust cloud-based technology solutions’ portfolio across the industry value-chain and an enhanced partnership ecosystem comprising multiple system integration partners have helped Congruent Solutions to expand mindshare with US retirement firms,” said Ronak Doshi, Partner, Everest Group. “In the Retirement Technology Provider Compendium 2022 report, Everest Group has recognized Congruent Solutions for its targeted investments to enhance capabilities in the areas of analytics and API-fication, as well as success proof points for its domain expertise.”
About Congruent Solutions
Congruent Solutions is a specialist technology solutions and outsourced plan administration service provider to the retirement plan industry in the US. The company is ISO 9001:2015 and ISO 27001:2013 certified and SOC1 Type II and SOC2 Type II certified by independent third-party auditors.
The company’s three offerings to the industry include:
● CORE suite, a cloud-based modular retirement technology platform that empowers Sponsors and Participants
● Outsourced Plan Administration Services cover the entire lifecycle of a plan administration – from Enrollment, Processing Contributions, Loans and Distributions, Conversions and De-conversions, to Compliance Testing and Form 5500 preparation
● Retirement Technology Services provides custom solutions for unique business challenges Congruent’s deep domain expertise, technology capabilities, and process-driven approach have made it the partner for leading plan providers, record-keepers, and third-party administrators.