Congruent Calculations™
Over 25 years of redress calculator development expertise
Our calculators have been developed and maintained by Congruent for use by our own consultants, our software is designed to meet the needs of a wide range of financial, risk and compliance reporting requirements providing calculations in line with the most up to date accounting and regulatory standards.
The software is available on a secure cloud platform under licence with full support and training.
- Intuitive, scenario-led inputs and data checks.
- Full audit trail where all runs uniquely referenced, stored and accessible.
- Centrally managed updates via secure replication.
- Standard and bespoke report generation.
The software is used on a daily basis by our own consultants and is also available for you to use under licence.
Congruent CalculationsTM supports the following calculation types:
- Defined benefit (“DB”) pension transfer calculations
- Defined contribution (“DC”) pension transfer calculations
- Capital calculations for the provisioning of any redress liability
The calculation framework follows the methodology described in the Financial Conduct Authority (“FCA”) guidance.
