San Jose, CA, October 9, 2012 – NES Financial, a leading provider of trust and escrow administration technology and services for financial institutions and leading corporations, has announced that funds flow under administration has surpassed $85 billion annually. The company’s continued rapid growth derives from its focus on business sectors dealing with complex financial processes, significant compliance requirements, and large sub-accounting needs.
Over the last 90 days, NES Financial has reached several key milestones in its continued growth.
- Recognition on Inc. Magazine’s 500I5000 high growth list for the second consecutive year. NES Financial ranked over 1,100 spots higher on Inc. Magazine’s 2012 500|5000 list of the fastest growing private companies in America compared with 2011.
- New EB-5 product is rapidly adopted by leading Regional Centers. NES Financial’s EB-5 Virtual File Share Solution is the latest addition to the company’s suite of solutions for Regional Centers. The cloud-based file hosting solution enables EB-5 Regional Centers, investors, attorneys, and brokers to manage and exchange EB-5 documents in a secure and controlled environment.
- Increased Funds Flow. Despite a slow economy, NES Financial continues to grow. Funds and funds flow under administration recently surpassed $85 billion.
“Our goal is simple: Help companies reduce risk, lower costs and increase revenues,” said NES Financial’s CEO and President, Michael Halloran. “Our cloud-computing based solutions are being deployed by major corporations and financial institutions to improve the administration of complex financial transactions.”
For more information on NES Financial solutions, contact NES Financial at (800) 339-1031 or by visiting www.nesfinancial.com
About NES Financial
NES Financial is a leading provider of trust and escrow administration technology and services for financial institutions and major corporations. The company is also the nation’s leading provider of 1031 exchange intermediary services. NES Financial delivers proprietary state-of-the-art technology, outstanding client services, and industry leading subject matter expertise in trusts and escrows.