Penta wins WealthBriefing award for cloud IT outsourcing


Penta won the prestigious WealthBriefing GCC Award 2016 in the Technology Outsourcing Solution category for its geographic reach, a pipeline of innovative ideas and a clean bill of compliance health. The awards ceremony took place on 1 November in Dubai, bringing together over 300 senior banking and wealth management professionals.

“We are delighted to have won this prestigious award,” said Penta CEO Farhad Khalilnia. “It is a great honour and a testament to the hard work and our determination to provide compliant, audited and secure cloud-based IT for the financial sector and other sensitive industries.”

Innovation and excellence

Showcasing ‘best of breed’ providers in the global private banking, wealth management and trusted advisor communities, the awards recognize companies, teams and individuals that have ‘demonstrated innovation and excellence during 2016’.

ClearView Financial Media’s Chief Executive, and Publisher of WealthBriefing Stephen Harris said:

“The firms who triumphed in these awards are all worthy winners, and I would like to extend my heartiest congratulations. The jury concentrated solely on the entrants’ submissions and their response to a number of specific questions. Furthermore, they focused only on the client experience and not quantitative performance metrics. That is a unique, and I believe, compelling feature. I am therefore optimistic that these annual awards will become one of the brightest highlights in the wealth management calendar.”

Best of breed

The awards recognize the very best operators in the private client industry, with ‘independence’, ‘integrity’ and ‘genuine insight’ as the watchwords of the judging process. The win sets firms apart from their competitors and most of all, is a tangible demonstration that they have something special to offer. It is therefore a rewarding achievement, showcasing top class performance and innovation.

In the picture (from left): Gerald Schlagmann, Publisher of Family Wealth Division of ClearView Financial Media, Faisal Malik, Penta IT Manager and Stephen Harris, Chief Executive Officer of ClearView Financial Media