NES Financial

JTC Confirms Process Security With The Most Recent SOC 1 Type 2 Audit

Retrieved on: 
Wednesday, March 13, 2024
SOC, AICPA, Auditing Standards Board, Gramm–Leach–Bliley Act, Private equity, General counsel, Risk, SAN, Bank, JTC, American Institute, OCC, BSA, Sarbanes, Certified Public Accountant, NES Financial, Regulation, Audit

SAN JOSE, Calif., March 13, 2024 /PRNewswire-PRWeb/ -- JTC has announced the successful completion of its most recent SOC 1 Type 2 audit of functions at its San Jose and Boston offices. The company has voluntarily undergone regular third-party reviews of its technologies, procedures, and control objectives as part of its commitment to minimizing risk and following industry-leading best practices.

Key Points: 
  • SAN JOSE, Calif., March 13, 2024 /PRNewswire-PRWeb/ -- JTC has announced the successful completion of its most recent SOC 1 Type 2 audit of functions at its San Jose and Boston offices.
  • In North America, JTC provides purpose-built solutions to institutional and private clients, allowing US-based clients to expand overseas and international clients to enter US markets.
  • The SOC 1 Type 2 audit is conducted under the SSAE 18 auditing standard.
  • Along with SOC 1 Type 2, JTC also complies with OCC and BSA third-party vendor requirements for financial institutions.

JTC has been named "Fund Administration Challenger of the Year"

Retrieved on: 
Friday, December 2, 2022
Opportunity zone, Global Custodian, MFA, ESG, NES Financial, HFA, Delaware statutory trust, NES, ICS, Manco, Internal Revenue Code section 1031, EB-5, Acquisition, JTC, SAN, ETFA, Financial services

SAN JOSE, Calif., Dec. 2, 2022 /PRNewswire-PRWeb/ -- At a ceremony in New York City on November 17th, 2022, JTC was named "Fund Administration Challenger of the Year" by the Global Custodian Industry Leaders Awards. The award recognizes firms that have significantly increased their international presence and are seen to be on a successful growth trajectory.

Key Points: 
  • SAN JOSE, Calif., Dec. 2, 2022 /PRNewswire-PRWeb/ -- At a ceremony in New York City on November 17th, 2022, JTC was named "Fund Administration Challenger of the Year" by the Global Custodian Industry Leaders Awards.
  • Sponsored by Global Custodian, the leading magazine covering the international securities services business, the Global Custodian Industry Leaders awards honor the fund services community and recognize outstanding performers from Global Custodian's Prime Brokerage, Hedge Fund Administration (HFA), Private Equity Fund Administration (PEFA), Mutual Fund Administration (MFA) and Exchange Traded Fund Administration (ETFA) surveys.
  • By offering specialized technology-based solutions to the greater market, JTC provides unprecedented support and scalability for clients of all sizes.
  • JTC is a publicly listed, global professional services business with deep expertise in fund, corporate and private client services.

JTC Americas Completes 16th Consecutive SOC 1 Type 2 Audit

Retrieved on: 
Wednesday, January 5, 2022
NES Financial, ESG, SOC, Bank, Sarbanes–Oxley Act, Sarbanes, OCC, JTC, American Institute, Opportunity zone, BSA, NES, Bank Secrecy Act, CEO, EB-5, AUM, Compliance, Auditing Standards Board, Gramm–Leach–Bliley Act, SAN, Risk, Technology, American Institute of Certified Public Accountants, Certified Public Accountant, Program, Solution, Industry, AICPA, Audit

SAN JOSE, Calif., Jan. 5, 2022 /PRNewswire-PRWeb/ -- JTC Americas has announced the successful completion of its most recent SOC 1 Type 2 audit.

Key Points: 
  • SAN JOSE, Calif., Jan. 5, 2022 /PRNewswire-PRWeb/ -- JTC Americas has announced the successful completion of its most recent SOC 1 Type 2 audit.
  • "Completion of this SOC 1 Type 2 audit is important to JTC Americas because it demonstrates our commitment to best practices and providing the utmost in security, transparency, and compliance to our clients around the world," said Michael Halloran, CEO of JTC Americas.
  • Along with SOC 1 Type 2, JTC Americas also complies with OCC and BSA third-party vendor requirements for financial institutions.
  • To learn more about JTC Americas, please visit jtcamericas.com
    JTC Americas is the North American division of JTC.

RevOZ Capital Selects JTC Americas to Administer Opportunity Zone Fund focused on Revitalizing Underserved Neighborhoods

Retrieved on: 
Thursday, November 4, 2021
ALM (company), Compliance, NES, AUM, Industry, CRE, Government, SAN, LP, JTC, Investment, CA, EB-5, Program, Americas, Ernst & Young Entrepreneur of the Year Award, Solution, NES Financial, Penn, Renewable energy, Risk management

SAN JOSE, Calif., Nov. 4, 2021 /PRNewswire-PRWeb/ -- JTC Americas (formerly NES Financial) has entered into an agreement to provide fund administration services for RevOZ Fund III, LP, a fund facilitated by RevOZ Capital, an award-winning opportunity zone platform focused on high-impact real estate developments in Opportunity Zone communities across the country.

Key Points: 
  • SAN JOSE, Calif., Nov. 4, 2021 /PRNewswire-PRWeb/ -- JTC Americas (formerly NES Financial) has entered into an agreement to provide fund administration services for RevOZ Fund III, LP, a fund facilitated by RevOZ Capital, an award-winning opportunity zone platform focused on high-impact real estate developments in Opportunity Zone communities across the country.
  • Founded in 2018, RevOZ Capital, is a dedicated Opportunity Zone investor committed to both delivering long-term value to investors and contributing to the revitalization of underserved communities.
  • RevOZ has been recognized as a pioneer in the Opportunity Zone arena and was named "Opportunity Zone Investor of the Year" by Globe St. in 2019.
  • RevOZ has developed unrivaled expertise in navigating the regulatory complexities as well as a rigorous deal selection process for qualifying Opportunity Zone projects.

LandFund Partners Selects JTC Americas to Administer its Farmland Investment Fund

Retrieved on: 
Tuesday, November 2, 2021
JTC, Program, NES, Technology, SAN, Industry, LFP, Goal, Carbon, IR, Eye, SEF, NES Financial, AUM, Soil, COO, Mississippi embayment, Opportunity zone, Solution, Health, Agriculture

LandFund Partners, based in Nashville, TN, manages over 38,000 acres of row crop farmland, or roughly $248 million in assets, in the Mississippi River Valley.

Key Points: 
  • LandFund Partners, based in Nashville, TN, manages over 38,000 acres of row crop farmland, or roughly $248 million in assets, in the Mississippi River Valley.
  • "Farming is at the foundation of sustaining human life" said Reid Thomas, Chief Revenue Officer and Managing Director of JTC Americas.
  • LandFund Partners ("LFP") manages over 38,000 acres of row crop farmland, or roughly $248 million of assets, in the Mississippi River Valley.
  • LandFund Partners identifies and acquires high-quality farmland and leases the land to experienced farm operators under the supervision of a professional management team.

JTC Group Wins 2021 Global ESG Fund Administration Award

Retrieved on: 
Tuesday, October 19, 2021
Program, Policy, NES Financial, Technology, Social Security Government Pension Offset, NES, Growth, Opportunity zone, Troyes, SAN, ESG, EB-5, CEO, JTC, Service, Industry, Social, Americas, Compliance, Efficiency, Fund administration, Biophysical environment

SAN JOSE, Calif., Oct. 19, 2021 /PRNewswire-PRWeb/ --JTC Group, the parent company of JTC Americas, beat out all other fund administrators for a coveted prize at this year's Drawdown Awards, taking home the Service Provider award for Fund Administration: ESG.

Key Points: 
  • SAN JOSE, Calif., Oct. 19, 2021 /PRNewswire-PRWeb/ --JTC Group, the parent company of JTC Americas, beat out all other fund administrators for a coveted prize at this year's Drawdown Awards, taking home the Service Provider award for Fund Administration: ESG.
  • JTC offers a full suite of ESG consultancy services, including policy creation, training, and carbon footprint analysis.
  • "We're thrilled to be recognized as the best fund administrator for ESG globally," said Michael Halloran, CEO of JTC Americas.
  • JTC is a publicly listed, global professional services business with deep expertise in fund, corporate and private client services.

JTC Americas Selected by NewGen Advisory to Provide 1031 Exchange Services

Retrieved on: 
Thursday, September 30, 2021
Attention, Internal Revenue Code section 1031, Compliance, NES Financial, 1031, Americas, CEO, City, NGA, SAN, QI, Industry, New Generation Pictures, NES, Recycling, Financial services

JTC Americas' experience in the 1031 exchange industry is robust: It was founded (in 2005, as Nationwide Exchange Services) as a 1031 services provider, aiming to bring heightened security, transparency and compliance to the then-troubled industry.

Key Points: 
  • JTC Americas' experience in the 1031 exchange industry is robust: It was founded (in 2005, as Nationwide Exchange Services) as a 1031 services provider, aiming to bring heightened security, transparency and compliance to the then-troubled industry.
  • "The hospitality industry is not new to the 1031 exchange program," explained Suraj Bhakta, CEO, at NewGen Advisory.
  • To learn more about JTC Americas' 1031 exchange services, please visit nesfinancial.com/1031-exchange .
  • For more information about NewGen Advisory, visit newgenadv.com ,
    JTC Americas, formerly NES Financial, is the North American division of JTC.

International Investors Mortgage Brings on JTC Americas as Knowledge Partner

Retrieved on: 
Monday, August 30, 2021
Industry, American Dream, The Learning Company (formerly SoftKey), NES Financial, London, Investment, Multimedia, Goal, London Stock Exchange, Compliance, Solution, FTSE, Technology, EB-5, IIM, Real estate

WESTPORT, Conn., Aug. 30, 2021 /PRNewswire/ -- International Investors Mortgage is excited to announce JTC Americas (Formerly NES Financial) as its knowledge partner as it prepares to deliver financial solutions for immigrant investors interested in buying property in the United States.

Key Points: 
  • WESTPORT, Conn., Aug. 30, 2021 /PRNewswire/ -- International Investors Mortgage is excited to announce JTC Americas (Formerly NES Financial) as its knowledge partner as it prepares to deliver financial solutions for immigrant investors interested in buying property in the United States.
  • JTC Americas will also be an escrow agent and the exclusive escrow administrator for IIM's mortgage solutions that cater specifically to EB-5 investors.
  • Founded and managed by experienced professionals from the EB-5 and mortgage industries, International Investors Mortgage was created with the mission of offering EB-5 investors a tailored, comprehensive solution to accessing quality mortgage loans.
  • International Investors Mortgage LLC provides tailored US mortgage solutions to qualified foreign nationals, particularly EB-5 investors.

JTC Americas to Host a Free Webinar on Diversifying Opportunity Zones for Greater Impact

Retrieved on: 
Monday, August 16, 2021
NES Financial, SAN, Opportunity zone, RSVP, Program, NES, Compliance, Renewable energy

Titled "Diversifying Opportunity Zone Funds for Greater Impact," the webinar will be moderated by Reid Thomas, Chief Revenue Officer and Managing Director at JTC Americas, and will take place on Thursday, August 19, 2021, beginning at 2:00 PM ET / 11:00 AM PT.

Key Points: 
  • Titled "Diversifying Opportunity Zone Funds for Greater Impact," the webinar will be moderated by Reid Thomas, Chief Revenue Officer and Managing Director at JTC Americas, and will take place on Thursday, August 19, 2021, beginning at 2:00 PM ET / 11:00 AM PT.
  • Fund managers working in the impact space, investors interested in expanding their portfolios, and anyone looking to take advantage of Qualified Opportunity Zones can sign up now for this rare opportunity.
  • Moderator: Reid Thomas, Chief Revenue Officer and Managing Director, JTC Americas
    To learn more about JTC Americas' Opportunity Zones fund administration services, please visit nesfinancial.com/opportunity-zones/.
  • JTC Americas, formerly NES Financial, is the North American division of JTC.

NES Financial Announces New Branding After Acquisition by JTC Group

Retrieved on: 
Monday, April 26, 2021
Internal Revenue Code, NES Financial, Real property law, Cision, Companies

b'SAN JOSE, Calif., April 26, 2021 /PRNewswire-PRWeb/ -- NES Financial | JTC , a leader in specialty financial administration, announced the completion of its global integration efforts today with the announcement of its new brand, JTC Americas.\n"The evolution to the JTC Americas banner reinforces the strength, global footprint, and broad capabilities of the company," said Michael Halloran, Group Holdings board member, head of Technology & Strategy, and CEO of JTC Americas.

Key Points: 
  • b'SAN JOSE, Calif., April 26, 2021 /PRNewswire-PRWeb/ -- NES Financial | JTC , a leader in specialty financial administration, announced the completion of its global integration efforts today with the announcement of its new brand, JTC Americas.\n"The evolution to the JTC Americas banner reinforces the strength, global footprint, and broad capabilities of the company," said Michael Halloran, Group Holdings board member, head of Technology & Strategy, and CEO of JTC Americas.
  • "Our clients have been quick to begin adopting the expanded solutions available through our global reach.
  • "The US market represents a significant growth opportunity for JTC and we are encouraged by the interest we are seeing from clients in their global expansion efforts.
  • "\nFor more information about JTC Americas, please visit nesfinancial.com .\nJTC Group is a publicly listed, global professional services business with deep expertise in fund, corporate and private client services.