08 January 2026 | Thursday | News
Picture Courtesy | Public Domain
Norm Ai, the Legal & Compliance AI company, announced the launch of its Due Diligence Questionnaire (DDQ) and Request for Proposal (RFP) Completion solution, designed to help financial services and insurance institutions respond to complex questionnaires faster and with greater confidence.
The platform uses AI to generate answers directly from approved firm materials, ensuring responses are accurate, traceable, and consistent, dramatically reducing the manual effort and reworking required to complete each questionnaire.
DDQs and RFPs remain among the most resource-intensive workflows in financial services. A single questionnaire can involve dozens of contributors across business units, finance, compliance, and operations, with senior reviewers spending hours on formatting and minor edits rather than strategic oversight. Teams work from scattered files and inconsistent templates, passing drafts through email chains that make version control difficult. Existing tools may help teams search past responses or generate draft text, but they don't ensure those answers are current, accurate, or verified against approved sources.
Norm Ai addresses this problem by centralizing institutional knowledge and using AI to pull answers directly from it. For each question, the system identifies relevant approved sources, generates a response grounded in that material, and tracks edits and approvals from draft to final submission.
"Using AI in high-stakes workflows only works when teams can trust the output." said John Nay, founder and CEO of Norm Ai. "Norm is built with human judgment at its core, grounding answers in approved sources, firm standards, and reviewer decisions so that judgment is applied consistently."
Fintech Business Asia, a business of FinTech Business Review
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