CHARLOTTE, N.C., Dec. 1, 2016 /PRNewswire/ -- Private Wealth Systems, Inc., a global financial technology company that provides financial software and data management services to high net worth (HNW) and ultra-high net worth individuals (UHNWI), private banks, family offices, and RIAs, today announced it has been shortlisted for the "Best Client Reporting" Award by Family Wealth Report (FWR). Showcasing 'best of breed' providers in the global private banking, wealth management and trusted advisor communities, the FWR Awards recognize companies, teams and individuals which the prestigious panel of judges deem to have 'demonstrated innovation and excellence during 2016'. Photo - http://photos.prnewswire.com/prnh/20161201/444626 Photo - http://photos.prnewswire.com/prnh/20161201/444625 "We are honored to be recognized for our efforts in transforming the private wealth digital eco-system where producers, consumers, and advisors of financial services engage in the management of global investment portfolios," said Craig Pearson, CEO of Private Wealth Systems. "Intuitive, personalized, insight-driven client reporting is an essential tool in understanding and communicating what and who is driving risk and return across complex multi-asset, multi-manager, multi-currency portfolios, and we are proud to have developed what many believe to be the most powerful, elegant and flexible reporting capabilities in the industry." ClearView Financial Media's Chief Executive, and Publisher of Family Wealth Report, Stephen Harris, said, "These awards will recognize the very best operators in the private client industry, with 'independence', 'integrity' and 'genuine insight' the watchwords of the judging process - such that the awards truly reflect excellence in wealth management." Private Wealth Systems' subscription based software platform captures, consolidates, cleanses, calculates, and presents actionable and personalized insight across every transaction, account, asset class, custodian, and currency to drive better, more informed decision making. Purpose built to support ultra-high net worth investors, the proprietary, cloud-based platform supports every asset type - from standard marketable securities to structured products, alternative assets including private equity, hedge funds, real estate, direct investments, as well as physical assets such as art and collectibles.