Congruent Solutions opens specialised retirement excellence centre in Coimbatore

chennai: congruent solutions, a leading provider of technology and outsourcing solutions for the global retirement industry, has announced the opening of its new retirement plan administration and core product development center in coimbatore, tamil nadu.the new facility marks a major step in the company's expansion strategy to strengthen its presence in south india and enhance support for clients in the north american retirement market. starting with 70 employees, the centre is designed to scale up in the coming months and will support congruent's outsourced plan administration, compliance, and product development functions.“with rising complexity and compliance requirements in the retirement industry, congruent has witnessed strong growth in recent years,” said balaraman jayaraman, co-founder and ceo. “our coimbatore centre will help us attract top talent and ensure business continuity for our clients.”the company serves over 55 clients, manages 47,000 retirement plans, and supports five million participants across the united states. co-founder and chief strategy officer chandrasekar vaidyanathan said coimbatore's skilled talent base and growing reputation as a technology hub make it ideal for congruent's next growth phase.the new centre also forms a key part of the firm's business continuity plan (bcp), enabling resilient, distributed operations for uninterrupted client support.founded in 2004, congruent solutions provides technology-driven services and saas solutions such as core and retirement edge for recordkeepers, plan providers, and financial institutions.