In 2023, Deutsche Bank deployed a new third-party risk management tool, dbTPRM. This tool enables us to better protect the bank and our clients from unwanted risk exposure, as well as supporting our regulatory commitments more completely.
Benefits of the new process for our third-party service providers include:
- Expedited onboarding experience
- Greater efficiency and reduced risk assessment time
- Proportionate risk-based approach, resulting in a reduction in documentation required for the risk assessment process for lower risk engagements
- Reduced requests for the same information through the development of an engagement library to allow us to re-use risk assessments where the service and risks are the same.
Deutsche Bank’s procurement process requires all vendors to be registered on the SAP Ariba Proposals & Questionnaires (https://service.ariba.com/Sourcing.aw). Suppliers are responsible for completing the registration process as quickly as possible to be eligible to participate in Sourcing Projects, Risk Assessments.
User Guides
TPRM Vendor Registration Questionairre