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Preliminary Market Engagement – Third-Party Risk Management (TPRM) Platform

Development Bank of Wales

Key dates and value

Status
Open
Submission deadline
26 Nov 2026
Published
29 Oct 2026
Estimated value
£1
Location
Wales

Overview

Development Bank of Wales is undertaking a Preliminary Market Engagement exercise to better understand the market for Third-Party Risk Management (TPRM) platforms. The purpose of this exercise is to engage with potential suppliers and gather information on available solutions, functionality, delivery and implementation approaches, integration capabilities and indicative commercial models. Development Bank of Wales is particularly interested in understanding the capabilities of solutions across third-party risk management and monitoring, including how platforms differentiate themselves from solutions focused primarily on cyber-risk monitoring. Suppliers are invited to provide information regarding their proposed solution and to indicate whether relevant functionality is available as standard, through configuration, integration or customisation, or is included within the supplier's product roadmap. Suppliers should also identify any relevant dependencies, limitations, additional modules, third-party data sources and associated costs. This Preliminary Market Engagement exercise is being undertaken to inform Development Bank of Wales' understanding of the market and its consideration of potential future requirements and procurement options. Participation in this exercise does not constitute a formal tender process and does not guarantee that a subsequent procurement exercise will be undertaken. Any future procurement opportunity will be advertised separately in accordance with the applicable procurement requirements. Suppliers wishing to participate should access the Preliminary Market Engagement exercise through the eTenderWales eTendering Portal and submit their response in accordance with the instructions provided. PQQ_33940 - Preliminary Market Engagement – Third-Party Risk Management (TPRM) Platform Deadline for responses: 10:00 on 26 November 2026. Background and purpose Development Bank of Wales (DBW) is seeking to understand the market for Third-Party Risk Manag

CPV codes

  • 48170000 Compliance software package
  • 48000000 Software package and information systems
  • 72000000 IT services: consulting, software development, Internet and support

About the buyer

Development Bank of Wales has published 18 tender notices since 31 Oct 2023, with a combined advertised value of £3m. 1 of them are currently open.

How to apply

Tender documents and submissions are handled on the official portal (Sell2Wales). Register there to download the documents and submit your response before the deadline.

View the original notice on Sell2Wales

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Source: Sell2Wales. Contains public sector information licensed under the Open Government Licence v3.0. Details may change; always check the original notice before bidding.