Easy to Setup and Operate. Highest Levels of Security and Transparency.
NES Financial offers an extensive set of financial administration solutions for multiparty escrow and trust accounts, and 1031 tax-deferred exchanges – from Client Trust Account to Like-Kind Exchange Program solutions – covering a wide range of financial and transactional needs.
See: 1031 Exchanges Banking Trust and Escrow Administration
All are built upon the innovative eSTAC administration platform, which helps make it easier to administer the entire life cycle of the account, while providing the highest level of transactional transparency, financial security and regulatory compliance. As a result, clients are fully protected from financial risk due to improper accounting and reporting, mismanagement of funds or lack of oversight on the part of the third-party administrator.
At a Glance:
- Flexible, scalable and customizable
- Rapid deployment with no upfront capital expenditure
- Seamless integration with existing systems
- Easy administration of the entire account lifecycle
- 24/7 online account visibility for administrators and end-users
- Real-time document archiving, with comprehensive reporting and audit trail
- Fully protected funds
- SAS 70 Type II certification
- SOX 404 compliant
- IRC Section 1031 compliant
- OCC, BSA, GLB Act and USA PATRIOT Act compliant
