Built over four years, the API-first platform gives retirement plan providers a modern core system ahead of 2027's Roth catch-up enforcement and the first year of the federal Saver's Match

Corendi today launched its cloud-native, API-first recordkeeping platform for retirement plan recordkeepers and third-party administrators (TPAs). Firms can now run plans on a modern core system, under their own brand, without building one themselves. The platform is widely available starting today.

Retirement plans are growing, especially in states running automatic-IRA mandates. In Colorado, new plans made up 18.4% of all private-sector plans in 2023, the year the state’s mandate launched, up from 12.6% the year before. More states are adopting mandates now. And SECURE 2.0’s startup tax credit makes it cheaper for employers to offer a plan for the first time.

The launch comes as recordkeepers and TPAs absorb multiple pressures. The U.S. still has an unsustainable roster of more than 40 national and roughly 200 regional recordkeepers, and private equity-backed firms continue to buy independent TPAs. 2027 specifically brings new work into the core systems those firms run, as full enforcement of SECURE 2.0's Roth catch-up rule for high earners begins January 1, 2027. The Saver's Match also replaces the Saver's Credit with a federal contribution of up to $1,000 deposited directly into eligible workers' retirement accounts, with first deposits expected in 2028.

Corendi is built to be the system underneath a firm's recordkeeping service.

• Daily recordkeeping with real-time access to plan and participant data
• Plan document generation through an API
• Compliance testing that runs throughout the year, not only at year-end
• Two-way payroll connections in place of batch file uploads
• White-label experiences for plan sponsors, advisors and participants

Because each function is exposed through APIs, firms can connect Corendi to the payroll, custody and advisor tools they already use.

"Recordkeeping technology got much better on the screen, but barely changed underneath it. That gets much more expensive in 2027 with the new mandates,” said Dan Beck, Co-Founder, Corendi. “Corendi gives recordkeepers a core built for the rules they're facing now, instead of choosing between a multi-year rebuild and another year of patching. ”

Corendi will introduce the platform to recordkeepers and TPAs at the RANDUG 2026 Annual Meeting, November 11-13 at the Sandpearl Resort in Clearwater Beach, Florida. The team will also meet with recordkeeping and plan provider leaders at the SPARK Forum, November 15-17 in Palm Beach, Florida.

Request a demo at https://www.corendi.com.

About Corendi

Corendi is a cloud-native, API-first recordkeeping platform for retirement plan recordkeepers and third-party administrators. Firms use Corendi as the core system behind their own branded services, from plan documents and payroll connections to compliance testing and participant records. Learn more at https://www.corendi.com.

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