NES Financial to Host Webinar on Outsourcing Private Equity Fund Administration with JTC Group, Resolute Capital Partners, and Paddock Consultancy
Moving from traditional, spreadsheet-based accounting and data management to integrated, technology-driven solutions is the first step on the path to operational excellence
SAN JOSE, Calif., July 15, 2020 /PRNewswire-PRWeb/ -- Specialty financial administrator NES Financial, a JTC Company (LON: JTC), announced today that it will host its next Private Equity webinar, Outsourcing Private Equity Fund Administration: Best Practices, with Michael Richards, Head of Fund Administration – USA at NES Financial, Thomas J. Powell, Senior Managing Partner of Resolute Capital Partners, LTD, and Bill Salus, Founder & CEO of Paddock Consultancy.
The informational webinar is scheduled for July 22 at 11 a.m. PT and will be moderated by Wouter Plantenga of JTC Group. The event is free and open to the public to attend.
"In terms of US Private Equity from an operational perspective, there is a continuing trend still among mid-market fund managers who are considering outsourcing for the first time," said Plantenga, who joined JTC in 2018 as ICS Head of Group Client Services. "As a JTC Company, NES Financial's purpose-built and solution-driven technology plays an important role in operational efficiency, delivering faster processing times, from onboarding investors to generating financial statements, without adding head count or managing in-house technology."
"It is key to also have an adaptable and flexible partnership model with your administrator, who is available to answer all of your questions, rather than offer an off-the-shelf product or generic service model solution that does not fit your needs," added Plantenga.
NES Financial's Private Equity Fund Administration solution utilizes a uniquely scalable technology platform that features built-in compliance, data security, automated reporting, and enhanced transparency.
In addition to discussing outsourcing, NES Financial will talk about the benefits of scale and a case study in adopting third-party administration. To RSVP and attend this webinar, please click here for more details or visit nesfinancial.com.
About NES Financial
NES Financial, a JTC Company (LON: JTC), is a specialty financial administrator which serves sectors characterized by high administrative complexity, increased transaction security needs, and challenging regulatory compliance requirements. The company's purpose-built solutions streamline the administrative processes of these markets — simplifying specialized financial transactions, curtailing fraud and abuse, and ensuring the utmost in security, transparency and regulatory compliance through each step of an investment's life cycle.
NES Financial, recognized on the San Francisco Business Times' top Bay Area fintech list, has defined industry best practices in each of the markets it serves — from 1031 exchanges and EB-5 visa funding, to private equity and the landmark Opportunity Zones program. NES Financial services more than 300 funds, administers over $20B annually, and has worked with over 700 EB-5 projects. For more information, please visit nesfinancial.com.
About JTC PLC
JTC PLC is an award-winning provider of fund, corporate and private client services to institutional and private clients. Founded in 1987, JTC PLC has more than 900 people working across its global office network and is trusted to administer more than $110 billion of client assets. The principle of true shared ownership for all employees is fundamental to their culture and aligns them completely with the best interests of their clients and other stakeholders.
JTC PLC fund services administer a wide variety of listed and unlisted funds across a diverse range of asset classes, including real estate, private equity, renewables, hedge, debt and other alternatives. The firm's corporate services provide company secretarial and administration services to a broad range of clients, including SMEs, public companies, multinationals and sovereign wealth funds. JTC PLC's private wealth services include the formation and administration of vehicles such as trusts, companies and partnerships on behalf of predominantly HNWIs and UHNWIs and their families and dedicated private and family offices.
SOURCE NES Financial, a JTC Company
Share this article