Congruent to acquire a platform for retirement income solutions from IPX Retirement.

Congruent, a technology company, agreed to acquire a platform for retirement income solutions from IPX Retirement, a provider of trust, custody and technology. Financial terms were not disclosed. “With the addition of IPX Retirement, Congruent will further enhance the breadth of its retirement solutions through the CORE platform. Congruent is well-positioned to enable innovative connectivity between plan service providers and retirement income providers to offer income solutions. Together, this combination ensures a wider set of offerings and a seamless experience for advisors, sponsors, record keepers and participants,” Bill Mueller, IPX Retirement CEO.