Press Room

NES Financial successfully completes eighth consecutive compliance audit

When it comes to selecting business partners to handle your money, it has never been more important to select those that have committed compliance programs in place. One of the most important compliance standards in the financial services sector is the SSAE 16 audit (formerly known as SAS 70). The SSAE 16 SOC 1 Type 2 audit is a recognized standard that mandates thorough examination of a business’ operations and procedures and is the same standard that banks must follow to maintain their bank charter.

Although there is no requirement for financial administration companies like NES Financial to undergo this audit, as the leader in setting industry best practices, we have used leading CPA firms to audit our processes on an annual basis. This year marks our eighth consecutive successful compliance audit. This record is unmatched by any of our competitors.

NES Financial solutions are designed to improve security, transparency, and compliance on highly specialized financial transactions.  Some of our leading solutions include EB-5 escrows, 1031 exchanges, and fund administration transactions for Fortune 500 companies and banks.

Learn more about our successful SSAE 16 audit by reading the full press release.

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What is a 1031 exchange? Find out more by downloading our 1031 Exchange Kit.

What is EB-5? Find out more by downloading our EB-5 Solution Kit.

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