NEW YORK, March 9, 2016 /PRNewswire/ -- Summitas, an innovative wealth management portal for high net-worth families, individuals and their advisors, is pleased to announce that it has been awarded 'Best HNW Security Solution' by Private Asset Management Magazine (PAM) at the 2016 PAM awards.
PAM, a leading wealth management publication, hosts the prestigious award ceremony to recognize the top advisors and service providers in wealth and private asset management. Winners are selected by a panel of expert judges. The ceremony, now in its sixth year, took place in New York City on Monday, February 22nd.
Summitas provides a branded portal to other institutions and to family offices directly which is designed to improve the dynamics between advisors and their clients. Summitas received the award for providing a safe venue for sharing confidential information. Family offices and advisory firms benefit from a secure, easy-to-use, and cost-effective solution incorporating a digital vault for document protection, collaboration tools and secure email. The platform's technology, infrastructure and controls all demonstrate the importance Summitas places on building a secure communication environment.
"Summitas ensures the highest level of protection and safeguards. We are pleased that our peers recognize the vast suite of features Summitas provides to the SFO and Advisor markets," said Summitas CEO Bill Wyman. "We take great pride in our product, and in this award. Privacy and security are of utmost importance at Summitas, and we are committed to ensuring excellence in secure communication solutions for the high net worth market."
In 2012, Summitas was also awarded 'Best Risk Management Service Provider'' at the First Annual Family Office Review Awards North America.
Founded in 2008 to serve family offices and advisors, Summitas, LLC (www.summitas.com) is the reference platform for secure and private office-family communication. Summitas provides secure document management, private information sharing, and communication tools that build stronger family connections. The platform is accessible online and through mobile devices and offers multi-factor authentication, end-to-end encryption, secure email, digital vaults, and secured calendars, contact directories, content publishing, and other tools.
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