June 13, 2023

Deutsche Bank wins two technology awards


IPB’s digital transformation recognised for wealth management leadership in PWM Wealth Tech Awards 2023


Last week the International Private Bank (IPB) won two awards in the PWM Wealth Tech Awards 2023. 


IPB was named the world’s best for ‘Reg Tech’ by PWM Banker (part of the Financial Times group) in the industry’s awards for wealth management technology. 


The Reg Tech award recognised IPB for its tool that covers the KYC process end-to-end, automating manual tasks and reducing paperwork by 30%. eKYC provides Relationship Managers in Wealth Management with a solution that documents the risk assessment process of the customer and enables the electronic signature at all levels of approval.


PWM also gave the IPB high commendation as the best bank in Europe for digital portfolio management. This is the second time the bank is recognized for the digital portfolio management solutions by PWM The Banker, after receiving the award for the first time in 2019.


IPB’s Head of Transformation, Francesca Dalla-Giovanna said: “PWM’s recognition of our industry leadership illustrates our passion for creating best-in-class client and user experience by leveraging the latest technology, all powered by our Agile-at-scale operating model and Agile mindset.” 

Deutsche Bank’s wealth management business embarked upon digital Agile transformation in 2019, which then accelerated with the formation of the International Private Bank in 2020.


IPB’s Global Chief Operating Officer Sandra Wirfs said: “In 2019, we brought together business transformation and technology teams into one global agile operating model to focus on clients’ and Relationship Managers’ needs, bringing client-centric views from the outside-in. These awards recognise the impact of our agile transformation on our client-centric processes and are testament to the global team which made it possible.”


The PWM Banker Wealth Tech Awards were announced at a ceremony in London on Thursday, June 8, 2023.


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Deutsche Bank AG                                       

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Stuart Haslam

Email: stuart.haslam@db.com


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