Terms of Services
1. Introduction
These Terms of Services (“Terms”) govern the access to and use of the Cegaware software platform, APIs, and related services (“Services”). By accessing or using the Services, the Client agrees to be bound by these Terms.
These Services are strictly intended for professional clients only.
2. License Grant
Cegaware grants the Client a limited, exclusive, non-transferable, and revocable license to access and use the Services solely for internal business purposes, in accordance with these Terms.
3. Proprietary Rights
All intellectual property rights in and to the Services, including but not limited to software, APIs, models, documentation, and interfaces, remain the sole property of Cegaware.
Clients may freely use and redistribute the outputs and results (e.g. analytics, pricing data) generated through the Services, but no rights over the underlying technology, models, or software are transferred.
4. Client Data
Cegaware does not store or collect personal data, trading positions, exposures, or other sensitive financial information.
In cases where the Client voluntarily provides data files (e.g. for debugging or explanation of results), such data may be temporarily stored in Cegaware’s test environment strictly for maintenance, troubleshooting, and product improvement purposes. Data is never shared with third parties, subcontractors, or external vendors.
5. Data Security
All communications with Cegaware servers are encrypted via SSL protocol.
Access to the Services is restricted to authorized users with unique credentials (username and password). Credentials are securely stored in Cegaware’s servers. Clients may request the deletion of their data at any time.
6. Service Availability
While Cegaware strives to provide reliable and continuous availability, the Services may occasionally be unavailable due to maintenance, technical issues, or server downtime.
Cegaware shall not be held liable for any delays, interruptions, or unavailability of the Services.
7. Disclaimer (“AS IS”)
The Services are provided “AS IS” without warranties of any kind, whether express or implied.
Cegaware does not guarantee that the results, analytics, or pricing produced by the Services are free from errors, complete, or suitable for any specific purpose.
8. Limitation of Liability
The Services are analytical and informational tools only.
They do not constitute financial advice, investment recommendations, or market offers.
Cegaware shall not be liable for any financial loss, damages, or claims arising from the use of the Services or reliance on
their outputs.
9. Misuse and Enforcement
Any attempt to misuse the Services, including but not limited to reverse engineering, unauthorized access, or fraudulent use, shall result in immediate termination of access.
Cegaware reserves the right to pursue legal action and claim damages against any Client engaging in fraudulent, unlawful, or abusive activities.
10. Termination
Cegaware may terminate or suspend access to the Services at any time if the Client breaches these Terms.
In cases of fraud or unauthorized use, Cegaware may also initiate legal proceedings and seek compensation.
11. Governing Law
These Terms shall be governed by applicable law. The specific jurisdiction will be defined in the contractual agreement between Cegaware and the Client.