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Q1. Can Narad help with regulatory compliance questionnaires?

Yes! Narad ensures your responses align with regulatory requirements, your enterprise policies, and other BFSI compliance standards, reducing the risk of errors and non-compliance.

Q2. How does Narad improve accuracy and reduce human error?

Narad eliminates redundant manual entries by using AI-driven responses based on verified security policies. It ensures consistency across all assessments, minimizing errors and compliance risks.

Q3. Is Narad suitable for large BFSI institutions as well as smaller vendors?

Yes! Narad scales with your business needs, whether you’re a large financial institution managing multiple vendor assessments or a vendor responding to BFSI security questionnaires.

Q4. How does Narad handle different security questionnaire formats?

Narad is designed to process various questionnaire formats, including spreadsheets, PDFs, online portals, and custom client forms. It intelligently maps questions to relevant security policies, ensuring accurate and fast responses.

Q5. What if a security questionnaire contains questions we haven’t answered before?

Narad’s AI suggests responses based on your company’s policies, compliance frameworks, and past answers. If a new question arises, it can be reviewed manually and added to the knowledge base for future automation.