Whether your financial institution offers a narrow or a very broad range of complex trust and escrow products today, NES Financial’s Banking Solutions can help you increase efficiency, reduce costs, and improve the customer experience of your current products. Additionally, our solutions make it simple for you to add new products in response to evolving client demands.
NES Financial’s Banking Solutions were built from the ground up to operate in a web-based environment. As a result, our solutions can be implemented rapidly, cost-effectively and modified as required to keep pace with the speed of business in the Internet era – something that traditional software solutions cannot achieve, even when enhanced with optional web add-ons.
NES Financial’s Banking Solutions complement your institutions existing core infrastructure to deliver the most advanced functionality at a fraction of the cost. In addition to technology savings costs, your bank can easily automate key administration tasks connected with complex trust and escrow processes, helping improve regulatory compliance and reduce associated costs. Automation helps minimize the need for manual data entry and mitigates costly redundancies and errors.
Improve operational efficiency
Rely on the proven eSTAC platform to quickly establish and administer unlimited sub-accounts, generate and archive account documentation, and manage complex accounts with ease. Take advantage of integrated workflow support to improve compliance efforts and streamline tasks. Improve archiving and reporting through automatic audit and reporting features. Empower internal business users as well as clients to complete transactions quickly and accurately through intuitive, online applications.
Increase fee revenue
Increase profitability and customer satisfaction by offering fee-based service that can be accessed online. Upsell and cross-sell trust and escrow services to expand customer product portfolios, improve high-value customer retention rates, and increase lifetime value.
Deepen customer relationships
NES Financial’s Banking Solutions enables your bank to provide useful, value-added products and services that your customers need. Unlike legacy systems, our bank-branded solutions are highly customized for each specific escrow or trust application in order to meet the needs of your bank. This distinction leads to higher customer adoption rates. Because our solutions have been architected for today’s technologies, bank clients enjoy convenient, secure access to their account information and documents through online self-service portals and mobile channels.
Ensure security and scalability
Provide your clients with complete transactional transparency as well as the highest level of funds security. NES Financial’s Banking Solutions include enhanced eSTAC encryption of transactional and client data, which exceeds industry standards. Our third-party administration prevents unauthorized access to client capital, while our client portals feature stringent password protection.
In addition, our eSTAC platform can scale indefinitely, which means your solution can cost-effectively scale to meet rising and falling client and market demands. You can also easily add products, service enhancements and sub-accounts after your initial implementation.
Accelerate time to revenue
NES Financial’s Banking Solutions integrate seamlessly with your existing IT infrastructure for rapid deployment of new capabilities and service offerings. In fact, our solutions are easily deployed within 90 days at a cost that is typically ten times less than a traditional solution. Additionally, our customer-facing applications are simple to learn and easy to use, so your institution can begin to experience the benefits and generate revenue from the moment the solution is deployed.