NES Financial Deploys Next Generation eSTAC® Technology Platform to Accelerate Innovation
San Jose, CA (PRWEB) February 10, 2015 -- NES Financial is announcing the release of its fifth generation of eSTAC® technology. eSTAC® is the company’s proprietary technology platform that enables the rapid implementation of service-based solutions to handle highly specialized financial transactions. Flexible, scalable, and customizable, eSTAC® is designed to provide the highest levels of security, transparency, audits, and compliance (STAC).
Traditional financial technology solutions cannot easily adapt to the rapidly changing needs of today’s financial markets. By comparison, eSTAC® was designed and developed from the outset to be both highly configurable and scalable to support the latest innovations. Workflow automation, sub-accounting, document management, powerful data aggregation, and analysis and reporting are just some of the current capabilities that the eSTAC® platform provides users. The latest version, eSTAC®5, takes these features a step further.
The enhancements include specialized data analytics, predictive modeling, and mobile business intelligence. These will enable the company to be able to deliver new solutions to the market faster than ever before.
“The ability to innovate in the markets we serve and deliver solutions rapidly is fundamental to our success,” said Reid Thomas, NES Financial Executive Vice President. “With eSTAC®5, we expect to introduce a number of new services this year that will extend our market leadership.”
In just a short amount of time, NES Financial has enhanced the capabilities of the application portfolio to keep pace with the evolving business. Recently, the company received the OutSystems Innovation Award for their rapid implementation and the productivity of eSTAC®.
“NES Financial continues to deliver innovative solutions to market ahead of the competition,” said Mike Mattox, Principal of Washington Regional Center. “As the markets continue to rapidly evolve, the ability to do this even faster becomes increasingly more important.”
Some of the newest solutions built on this platform will be demonstrated in the company’s upcoming seminar series in February and March.
About NES Financial
NES Financial provides technology-enabled services for the efficient middle and back office administration of highly specialized financial transactions. Our custom solutions include EB-5 administration, 1031 exchanges, and fund administration services. Many of the world’s largest financial institutions and corporations rely on our proprietary technology, unparalleled expertise, and outstanding services to ensure the secure, transparent, and compliant management of funds. Recognized by Artisan Business Group as the 2013 EB-5 Service Provider of the Year and by Inc. Magazine’s 500|5000 as one of the fastest growing private companies in America two years in a row, NES Financial helps companies lower operational costs, reduce risk, and improve ROI. For more information, visit nesfinancial.com.
Laura Kelly, NES Financial, http://www.nesf.com, +1 (408) 367-0826, [email protected]
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