Reid Thomas of NES Financial, a JTC Company, Named to Opportunity Zone Magazine's 2020 List of Top 25 OZ Influencers

SAN JOSE, Calif., June 25, 2020 /PRNewswire-PRWeb/ -- Reid Thomas, Chief Revenue Officer and Managing Director of specialty financial administrator NES Financial, a JTC Company (LON: JTC), was recognized by Opportunity Zone Magazine in two categories: as one of the Top 25 OZ Influencers Overall and as a Top Professional in Specialized Fields.

"We are thrilled for Reid to be recognized alongside other Opportunity Zone colleagues across the country," said Michael Halloran, CEO of JTC Group's ICS USA region. "Reid's selection is indicative of NES Financial's thought leadership in economic & social impact tracking, IRS compliance monitoring, and fund security within the Opportunity Zones sector. Reid personifies our commitment to shaping industry best practices within this desperately needed stimulus initiative through the delivery of purpose-built Opportunity Zone solutions that help to ensure that the initiative does the good it was intended to do."

NES Financial is a financial technology company that provides industry-leading specialty financial administration, including fund administration and loan administration. The company is the market-leading administrator in the rapidly growing Opportunity Zone marketplace, the dominant infrastructure provider to the heavily regulated EB-5 visa sector, and the nation's largest independent provider of 1031 tax deferred exchange services to private equity, commercial real estate, and Fortune 1000 clientele.

Headquartered in San Jose since 2005 and with major operations in the Boston area, the company is recognized for its leadership in best practices and transactional security across the sectors it serves. As a result, company management is frequently sought out as media contributors and presenters throughout the country at events such as OZ Expo, SALT, Novogradac, and IIUSA, while also hosting informational webinars featuring a broad range of industry experts and topics.

This past April, NES Financial was acquired by JTC Group, a publicly traded multi-jurisdictional provider of fund, corporate and private client services.

The Opportunity Zones Magazine Top 25 list includes professionals in five categories: attorneys, fund managers/developers, tax specialists, policy influencers and professionals in specialized fields. Candidates were evaluated based on their vision, influence and industry experience.

About NES Financial
NES Financial, a JTC Company, is a multi-jurisdictional provider of fund, corporate and private client services. The company administers more than $130 billion in assets and employs more than 900 people worldwide. A leader in specialty financial administration, NES Financial serves markets characterized by high administrative complexity, elevated transaction security needs and challenging compliance requirements.

As the North American division of JTC, NES Financial is the leading provider of third-party administrative solutions to US impact investment sectors, including Opportunity Zones and EB-5 visa funding, as well as to US private equity and 1031 exchanges. The company's technology-driven solutions streamline new best practices in these markets by simplifying specialized financial transactions, reducing back-office overhead, curtailing fraud and abuse, and ensuring security, transparency and regulatory compliance during each step of an investment's life cycle.

For more information, visit nesfinancial.com.

SOURCE NES Financial