Cyvidia is an AI-powered platform that automates contract analysis and compliance workflows by flagging risky clauses and mapping obligations to regulatory frameworks. This technology reduces risks and saves time by enabling users to assess once and comply with multiple standards, while also facilitating quick responses to customer RFPs and security questionnaires.
Funding
Funding not disclosed
Founders
Product
Problem
Organizations face challenges in efficiently managing contract compliance, including identifying risky clauses, mapping obligations to relevant regulatory frameworks, and responding to customer due diligence requests. These processes are often manual, time-consuming, and prone to errors, leading to increased risk and compliance costs.
Solution
Cyvidia offers an AI-powered platform that automates contract analysis and compliance workflows. The platform extracts and normalizes contract and regulatory requirements, flags risky clauses based on user-defined policies, and maps obligations to multiple compliance frameworks. By streamlining contract redlining, unifying controls assessments, and automating security questionnaire responses, Cyvidia enables organizations to assess compliance requirements once and adhere to many standards. The platform also provides a unified view of cybersecurity and privacy compliance, reducing costs and improving overall security posture.
Target Audience
Cyvidia targets organizations across various industries, including banking, healthcare, and manufacturing, that need to streamline contract compliance, reduce risk, and improve their overall security posture.
Features
- AI-powered contract clause extraction and risk assessment
- Policy-based contract redlining with configurable policy sets
- Automated mapping of contract obligations to standards and regulations
- Unified controls assessment across organizations, business units, and products
- Dynamic questionnaire completion for security questionnaires and RFPs
- Configurable and role-based dashboards for compliance monitoring
- Evidence repository for audit readiness
- Chatbot integration for policy data access
- Mappings to ISO 27001/2, NIST CSF, 800-53, 800-161, 800-171, 800-218, CCPA, NYDFS, Reserve Bank of India directives, and other frameworks