True or False: Know Your Customer utilizes nCino's questionnaire framework.

Know Your Customer (KYC) is a regulatory requirement that mandates financial institutions to verify the identities of their clients, assess potential risks, and ensure compliance with laws and regulations. nCino's platform includes a questionnaire framework that is designed to facilitate this process. By utilizing this framework, institutions can systematically gather and manage important information from customers, which helps in effectively conducting due diligence.

The integration of the questionnaire framework into the KYC process enables institutions to streamline their customer onboarding and risk assessment procedures. It allows for consistent data collection and documentation, ensuring that all necessary information is captured efficiently and thoroughly. Thus, stating that Know Your Customer utilizes nCino's questionnaire framework is accurate, as it highlights how nCino supports institutions in meeting regulatory requirements and managing customer relationships effectively through its technology solutions.