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, a leading financial services provider for the banking industry and Fortune 500, is announcing the release of its latest version of its proprietary technology platform. eSTAC® 4.0 offers more robust security, enhanced data portability and a new more intuitive user interface.
The new eSTAC® 4.0 is designed to provide rapid implementation and the highest level of security, transparency, and compliance (STAC) to all stakeholders in the administration of complex financial transactions. This latest version has recently been deployed in the administration of complex financial transactions including 1031 exchanges, complex trusts, and escrows.
“Managing complex financial transactions strains the capabilities of the existing systems at many companies. The new version of eSTAC® allow us to rapidly create custom solutions for our clients allowing them to pursue specialized markets faster, more cost effectively, and with higher value add to their end customers,” says Michael Halloran, president and CEO of NES Financial.
Maintaining security of client data is always of the upmost importance in all NES Financial solutions. The new enhanced encryption of transactional and client data exceeds industry standards.
The new enhanced data portability ensures seamless integration with client’s existing core systems to provide even faster integration and more flexible reporting capabilities. The new, more intuitive user interface enhances the user experience of NES Financial’s already best-in-class eSTAC® platform.
“Protecting client’s funds and providing transparency to often complex business processes, documentation, and compliance reporting has been, and continues to be our number one priority. The new eSTAC® 4.0 technology provides more funds security, easier integration into existing systems, better reporting and an enhanced user experience. We are very excited about what this version of eSTAC® can bring to our clients” says Halloran.
For more information on eSTAC® and NES Financial solutions for 1031 exchanges and multi-party trust and escrow administration, contact NES Financial at (800) 339-1031 or by visiting www.nesfinancial.com.
About NES Financial
NES Financial is the nation’s leading provider of secure, transparent and compliant financial administration and 1031 exchange solutions for Fortune 500 companies, financial institutions and law firms. Combining proprietary state-of-the-art technology and outstanding client services with subject matter expertise in trusts, escrows and 1031 exchanges, NESF delivers flexible and scalable solutions that safely process over 70 billion dollars each year.