1. Acceptance of Terms
By accessing or using EDD Profiler ("the Service"), you agree to be bound by these Terms of Service. If you are using the Service on behalf of an organization, you represent that you have the authority to bind that organization to these terms.
2. Description of Service
EDD Profiler provides automated Enhanced Due Diligence analysis tools for financial institutions, including risk scoring, transaction analysis, adverse media screening, and report generation. The Service is intended to assist compliance professionals and does not constitute legal or regulatory advice.
3. User Responsibilities
You are responsible for ensuring that your use of the Service complies with all applicable laws and regulations. You agree to provide accurate information, maintain the security of your account credentials, and ensure that authorized personnel review all AI-generated outputs before regulatory submission.
4. Data Ownership
You retain all ownership rights to your data, including customer information, transaction records, and generated reports. We do not claim any ownership interest in your data. We process your data solely to provide the Service as directed by you.
5. Intellectual Property
The Service, including its software, algorithms, design, and documentation, is the property of EDD Profiler and is protected by intellectual property laws. You are granted a limited, non-exclusive license to use the Service for your internal compliance purposes during the term of your subscription.
6. Limitation of Liability
The Service is provided "as is" and "as available." EDD Profiler shall not be liable for any indirect, incidental, special, or consequential damages arising out of your use of the Service. Our total liability shall not exceed the amounts paid by you in the twelve months preceding the claim.
7. Disclaimer
EDD Profiler is a compliance automation tool and does not provide legal, regulatory, or financial advice. All outputs should be reviewed by qualified BSA/AML compliance professionals before use. The accuracy of risk scores and analyses depends on the quality and completeness of input data.
8. Termination
Either party may terminate the agreement with 30 days written notice. Upon termination, we will provide you with a copy of your data and securely delete all copies within 90 days, unless retention is required by law.
9. Governing Law
These Terms shall be governed by and construed in accordance with the laws of the State of Delaware, without regard to its conflict of law provisions.
10. Contact
For questions about these Terms, please contact us at [email protected].