San Jose, CA, Aug. 29, 2012 (GLOBE NEWSWIRE) -- NES Financial ranked over 1,100 spots higher on Inc. Magazine's 2012 500|5000 list of the fastest growing private companies in America than in 2011.
NES Financial is a leading provider of trust and escrow administration technology and services for financial institutions and leading corporations. The company's state-of-the-art cloud computing solutions help financial institutions increase fee revenue, reduce operating costs and enhance existing core banking technology platforms. For corporate clientele, NES Financial leverages technology to provide clients with advanced financial security, account transparency, and improved regulatory compliance. In 2012, NES Financial safely processed over $86 billion in transactions.
The company's continued rapid growth is derived from focusing on business sectors with complex processes, significant compliance requirements and large sub-accounting needs. Company solutions address banking operations and corporate needs in EB-5 Visa Escrows, Landlord/Tenant Security Deposit Escrows, 1031 Tax Deferred Exchange Escrows and Trusts, Client Trust Account Administration for Law Firms, and Pre-Need Escrows to name a few.
"The demand for solutions that help companies reduce risks, lower costs and increase revenues has increased significantly," said NES Financial's CEO and President, Michael Halloran. "Our cloud-based computing solutions are being deployed by major corporations and financial institutions to improve the administration of complex financial transactions."
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/5000.
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.
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