NES Financial delivers strong year-end results led by success of cloud-based technology solutions
Growth in all business areas, including new banking and EB-5 Regional Center clients, and technology enhancements result in successful year capped by industry recognition award San Jose, CA, February 14, 2012- NES Financial, a leading provider of cloud-based technology and services for banks and corporations, ended 2011 with strong year-end results by increasing corporate and…
NES Financial Shows Strong Growth in EB-5 and Banking Industries with New Technology
New Technology and Leading Trust and Escrow Practices Continue to Gain Industry Support from Several Sectors San Jose, CA, December 13, 2011 – NES Financial, a leading provider of trust and escrow technology and services for banks, financial institutions and Fortune 500 companies, continued to show strong momentum and growth during the company’s third quarter….
Washington Regional Center Deploys NES Financial’s Proven EB-5 Escrow Administration Solution
Enhanced Transactional Transparency and Funds Security Prove to be Major Market Advantages for the Washington-based EB-5 Regional Center San Jose, CA, November 30, 2011-NES Financial, a leading provider of escrow administration technology and services for the EB-5 industry, announced that Washington Regional Center has successfully deployed NES Financial’s EB-5 Escrow Administration Solution. The EB-5 program…
America’s Center for Foreign Investment, LLC Selects NES Financial Solution for its Ashland Heights, L.P. EB-5 Visa Program Project
NES Financial’s EB-5 Administration Solution Has Become the Best Practice for Regional Centers by Uniquely Meeting the Needs for Rapid Implementation and the Highest Level of Transparency and Security to Investors San Jose, CA, November 15, 2011 – NES Financial, a leading provider of escrow technology and services, has announced that leading regional center America’s…
NES Financial Announces Agreement with MB Financial Bank to Provide Escrow Technology Solution
MB Financial Bank Selects NES Financial’s Escrow Administration Technology to Power Their Suite of Escrow Solutions San Jose, CA, November 7, 2011 – NES Financial, a leading provider of trust and escrow administration technology and services for the banking industry and Fortune 500 companies, announced that it has entered into an agreement with MB Financial…
NES Financial to Launch New Self-Service Trust and Escrow Technology at AFP’s 2011 Annual Conference
Newly Released Capabilities Allow Clients Enhanced Treasury Management Abilities for Greater Transparency and Efficiency San Jose, CA, November 1, 2011 – NES Financial, a leading provider of trust and escrow administration technology and services for the banking industry, will be demonstrating the latest enhancements of its eSTAC™ banking solutions platform during the Association of Financial Professionals’ (AFP)…
NES Financial Supports Efforts to make the EB-5 Program Permanent through Upcoming IIUSA Event
IIUSA Organizes Fundraising Event to Raise Funds to Strengthen Advocacy Efforts to Make the EB-5 Program a Permanent Economic Program in the U.S. San Jose, CA, October 12, 2011 – NES Financial, the nation’s leading provider of EB-5 escrow administration services, is supporting the IIUSA’s efforts to make the EB-5 program permanent by sponsoring IIUSA’s…
NES Financial Names W. Michael West to Board of Directors
West Brings More Than 30 Years of Corporate Governance Experience in High Growth Technology Companies San Jose, CA, September 28, 2011 — NES Financial, a leading provider of technology and services for the banking industry and Fortune 500 companies, has announced that W. Michael West will join the company’s Board of Directors. West’s new role…
NES Financial Ranks in Inc. Magazine’s 2011 Inc. 500|5000 List of Fastest-Growing Business in America
Inc. Magazine’s Award Acknowledges NES Financial’s Market Leadership in Trust and Escrow Technology and Services San Jose, CA, August 30, 2011— NES Financial ranked in Inc. magazine’s 2011 Inc. 500|5000 list of the fastest-growing private companies in America for the first time. The award recognizes a variety of companies in multiple industries that are privately…
NES Financial’s Trust and Escrow Technology Solutions Gained Momentum During Second Quarter
NES Financial’s innovative solutions continued to attract major banking and EB-5 Regional Center clients during its second quarter San Jose, CA, August 9, 2011— NES Financial continued to see strong growth during the second quarter of the year due to its suite of escrow administration solutions for new banking partners, Regional Centers, and Fortune 500…
Mirzam Investor Green Card Regional Center selects NES Financial’s EB-5 Escrow Administration Solution
Advanced Technology and EB-5 industry expertise make NES Financial’s EB-5 Escrow Administration Solution the leading solution among Regional Centers SAN JOSE, CA, July 13, 2011 – NES Financial, a leading provider of trust and escrow technology and services, has announced their agreement with Florida-based Mirzam Investor Green Card (MIGC) Regional Center to deploy their EB-5 Escrow Administration Solution in support…
NES Financial Announces Agreement with East West Bank to Provide Trust and Escrow Solutions to Clients
East West Bank (NASDAQ: EWBC) selects NES Financial’s Trust and Escrow Administration Solution to power their suite of escrow solutions SAN JOSE, CA, June 21, 2011 – NES Financial (NESF), a leading provider of trust and escrow administration technology and services for the banking industry, announced that it has entered into an agreement with East West Bank for…
NESF Successfully Completes Sixth Consecutive Annual SAS 70 Type II Audit
Certification Sets the Bar for Security, Transparency and Compliance in Financial Marketplace SAN JOSE, CA, June 16, 2011 – NES Financial (NESF), a leading provider of trust and escrow administration technology and services for the banking industry, Fortune 500 companies, and the nation’s leading 1031 exchange intermediary, successfully completed its sixth consecutive SAS 70 Type II audit. The…
NES Financial Offers Innovative Finance Seminar to Support Commercial Real Estate Developers
Leading Experts will discuss EB-5 Solutions at Las Vegas seminar in May SAN JOSE, Calif., May 3, 2011 – NES Financial (NESF) continues its leadership role by offering commercial real estate developers an innovative solution to finance their projects through investments from high net worth foreign investors. The “Alternative Financing Techniques through Federal EB-5 Regional Center…
NES Financial Survey Reveals the Paradox of “Safe Money”
Most People Think Their Funds are Secure, Yet They Want More Visibility, Security and Compliance for Assurance SAN JOSE, Calif., April 25, 2011 – NES Financial (NESF), a leading provider of trust and escrow administration services and technology for the banking industry and Fortune 500, today announced the results of a survey in which four out…
NES Financial Introduces New Version of eSTAC Technology Platform
NES Financial expands capabilities of leading technology platform by introducing its new eSTAC 4.0 solution to meet broader range of client needs. San Jose, CA, February 25, 2011 – NES Financial (NESF), a leading financial services provider for the banking industry and Fortune 500, is announcing the release of its latest version of its proprietary technology…
NES Financial Funds Flow Surpasses $70 Billion Annually
Technology Approach Aligned with “Banking of the Future” Model Gains Leadership Position in EB-5 Administration Secures Additional Banking Relationships, Streamlines Branding San Jose, CA, November 30, 2010 – NES Financial (NESF), the nation’s leading provider of secure, transparent and compliant financial administration solutions for the banking industry and Fortune 500 companies, has announced that funds…
American Dream Fund Selects NES Financial EB-5 Administration Solution for Los Angeles Regional Center Project
NESF Solution Brings Clarity, Security and Investment Visibility to Immigrant Investors Involved in “A-List” Business Expansion in the W Hotel Hollywood SAN JOSE, Calif., November 16, 2010 – NES Financial (NESF), a leading provider of financial services solutions for the banking industry, EB-5 Regional Centers and Fortune 500 companies, has announced that the American Dream…
Nationwide Exchange Services Becomes NES Financial
NESF Streamlines Overall Brand to Deliver Additional Solutions, Consumer Protections into Multiple Markets SAN JOSE, Calif., November 9, 2010 – NES Financial (NESF), a leading provider of financial services solutions for the banking industry and Fortune 500 companies, has announced that their Nationwide Exchange Services (NES) division will now operate under the parent company name…
South Atlantic Regional Center Chooses NES Financial EB-5 Administration Solution to Bring Security and Transparency to Investors
Experienced NES Financial Team Streamlined Account and Subaccount Setup, EB-5 Solution Enables Administration, Reporting, and Tracking of Assembled and Disassembled Investor Funds San Jose, Calif. and Palm Beach, FL, September 29, 2010 – NES Financial (NESF), a leading provider of financial services solutions for the banking industry, EB-5 Regional Centers and Fortune 500 companies, has…
NES Financial EB-5 Administration Solution Delivers Transparency to Leading Cleveland EB-5 Regional Center and Their Investors
EB-5 Administration Solution Delivers Funds Visibility and Security to Investors, Critical Advantages including Fast Rollout and Strong Reporting to Regional Centers SAN JOSE, Calif., August 24, 2010 – NES Financial (NESF) has announced that the Cleveland International Fund (CiF) has selected the NESF EB-5 Administration Solution to administer funds associated with CiF’s EB-5 visa program…
Michael Halloran, CEO of NES Financial, Comments on 1031 Protections in Financial Reform Bill
The Consumer Financial Protection Act of 2010 (“CFPA”) Contains Dangerous Delays and Provides No Consumer Protection for Investors or Business Using Section 1031 SAN JOSE, CA July 21, 2010 – Michael Halloran, president and CEO of NES Financial, has attacked the final version of The Consumer Financial Protection Act of 2010 (“CFPA”) for avoiding any…
NES Financial Continues Strong Growth As Solutions, Initiatives Resonate with Business and Public
Solutions for Investment Protection, Transparency, Security and Regulation Initiatives Resonate with Customers; Company Expands to Address Increased Demand SAN JOSE, CA July 14, 2010 – For the first half of 2010, NES Financial (NESF) has announced the company has seen continued strong momentum and growth, driving initiatives and releasing solutions that provide additional consumer protection…
NES Financial (NESF) Successfully Completes Fifth Consecutive Annual SAS 70 Type II Audit
Nationwide Exchange Services Division is the only 1031 QI to Pass the Five Year Mark for SAS 70 Type II Audits NESF has Defined the Most Extensive and Robust Audit Environment in the 1031 Industry Achievement Raises the Bar in the 1031 Marketplace for More Transparency and Security SAN JOSE, CA June 30, 2010 –…
Nationwide Exchange Services Escalates Its Fight for Consumer Protection in 1031 Exchanges
Funds Security in 1031 Exchanges Not Addressed in Financial Reform Bill; NES Works Aggressively with Consumers, Businesses and Industry Associations That Utilize 1031 Exchanges in Pressing Congress to Enact Regulation SAN JOSE, CA June 22, 2010 – Nationwide Exchange Services (NES), the nation’s leading provider of Internal Revenue Code Section 1031 Like-Kind Exchange services for…
NES Financial Elects Tom Steipp to Serve on Firm’s Board of Directors
Former Symmetricom President and CEO to Help Guide Expansion of the Growing Financial Services Provider SAN JOSE, CA May 25, 2010 – NES Financial (NESF), a leading provider of financial services solutions for the banking industry and Fortune 500 companies, has elected technology executive Tom Steipp to serve on its Board of Directors. Naming of…
Rick Garibaldi Joins NES Financial Board of Directors
Leading Provider of Financial Services Solutions “Precisely Positioned” to Deliver Needed Transparency, Security and Compliance SAN JOSE, CA May 25, 2010 – NES Financial (NESF), a leading provider of financial services solutions for the banking industry and Fortune 500 companies, has elected technology executive Rick Garibaldi to serve on its Board of Directors. Garibaldi, now…
American Redevelopment Solutions Deploys NES Financial System to Streamline Setup and Operations for EB-5 Visa Program
Easy-to-Deploy EB-5 Administration Solution Delivers Efficiency Benefits to Regional Centers and Increased Security and Transparency for Investors SAN JOSE, CA May 19, 2010 – NES Financial (NESF) has announced that American Redevelopment Solutions LLC has selected and deployed the NESF EB-5 Administration Solution to administer funds associated with the United States EB-5 visa program within…
NES Financial Introduces Suite of Compliant Solutions to Easily Administer Trusts and Complex Multi-Party Escrows
Quick-to-Deploy Solutions Built on the NESF eSTAC Platform bring Security, Transparency and Compliance to Complex Escrows – including Subscription, Merger/Acquisition, Settlement and Earnest Money Escrows SAN JOSE, CA May 18, 2010 – NES Financial (NESF), a leading financial services provider for the banking industry and Fortune 500 companies, has introduced a suite of fully compliant…
NES Financial Delivers Dramatic Growth in Down Market
Focus on Delivering Solutions for Funds Security, Transparency, and Compliance Resonates with Clients and Partners in Troubled Financial Marketplace SAN JOSE, Calif., March 24, 2010 — NES Financial (NESF), a leading financial services provider for the banking industry and Fortune 500 companies, announced impressive results for 2009. The Silicon Valley financial services technology firm demonstrated…
NES Financial Names Reid Thomas to Lead Company’s Worldwide Sales and Marketing
Thomas Brings Successful Track Record in Growing Revenues and Developing New Markets to the Expanding Financial Services Provider San Jose, CA March 10, 2010 — NES Financial (NESF), a leading financial services provider for the banking industry and Fortune 500 companies, has named Reid Thomas to lead worldwide sales and marketing for the company. Thomas…
NES Financial Names Stephen Gray to CFO Post
Brings 20 Years Of Major Financial Sector Expertise To Support Company’s Financial Operations In 1031, Legal And Government Escrow Administration San Jose, CA June 16, 2009 — NES Financial (NESF), a leading financial services provider for the banking industry and Fortune 500 companies, announced today that it has appointed Stephen N. Gray to the position…
Nationwide Exchange Services (NES) Successfully Completes Fourth Consecutive Annual SAS 70 Type II Review
Audit Confirms Company’s Financial Process Controls And Technological Capabilities To Deliver Comprehensive Security And Transparency To The 1031 Tax-Deferred Exchange Sector San Jose, CA June 15, 2009 — For the fourth consecutive year, Nationwide Exchange Services (NES) a Qualified Intermediary (QI), announced the receipt of an unqualified opinion for the third-party service provider Type II…
