Terms of Service

Welcome to Strata. These Terms of Service (the “Terms”) form a binding agreement between you and Wuttipat Klinyam, an Entrepreneur Individuel registered in France under the commercial name Wynex Labs(SIREN 100 844 000, SIRET 100 844 000 00016, APE 6201Z, registered office at 59 Rue Georges Lardennois, 75019 Paris, France) — referred to in these Terms as “Wynex Labs”, “we”, “us”, or “our”. By creating an account or using Strata, you agree to these Terms. If you do not agree, do not use Strata.

These Terms incorporate by reference our Privacy Policy and our Subprocessor Register. If you are entering into these Terms on behalf of a legal entity, you represent that you have the authority to bind that entity, and “you” refers to that entity.

1. Definitions

• Service / Strata — the Strata web application and APIs operated at projectstrata.com, including the analytics labs (Bond, Equity, Portfolio, Derivatives) and related software and documentation.
• Customer Content — the inputs you provide: portfolios, watchlists, scenarios, parameters, any data you upload or paste.
• Outputs — the analytical results returned: valuations, risk metrics, performance attribution, charts.
• Market Data — third-party financial data Strata ingests on your behalf (prices, fundamentals, filings, rates, FX).
• Subscription — a paid plan to which you have subscribed via Stripe.

2. Eligibility and account

You may use Strata only if you are at least 18 years old and have the legal capacity to enter into these Terms. You agree to provide accurate account information, to keep your credentials confidential, and to notify us promptly at security@wynexlabs.studio if you suspect unauthorised access. You are responsible for all activity under your account. We may suspend or terminate accounts that violate these Terms (see §14).

3. The Service — what Strata is, and what it is not

Strata is an analytical software tool. It helps you build and analyse portfolios, value securities, attribute performance, and explore filings.

Strata is not, and does not provide, investment advice, financial advice, tax advice, legal advice, accounting advice, or any form of regulated advisory service. The Outputs are quantitative computations and visualisations based on inputs and models you choose. They are not recommendations to buy, sell, hold, or refrain from transacting in any security or instrument. You alone are responsible for any investment, trading, or business decision you make. If you require advice, consult a regulated professional.

Strata is provided “as is” — see §17 (Warranties) and §18 (Liability).

4. Market Data — accuracy, timeliness, redistribution

Strata ingests Market Data from third-party providers identified in the Subprocessor Register. We do not warrant that Market Data is accurate, complete, current, fit for any particular purpose, or free of errors or omissions. Delays, gaps, restatements, ticker changes, corporate-action adjustments, and provider outages occur and may affect Outputs. You are responsible for verifying any data point before relying on it for a decision.

Some Market Data providers impose redistribution restrictions. You may use Outputs internally for your own analysis but may not redistribute raw Market Data outside your organisation in a form that would constitute a substitute for a direct data licence with the upstream provider.

5. Subscription, fees, and payment

• Plans + price — Current paid plans, prices, and feature limits are published at projectstrata.com/pricing and form part of these Terms.
• Billing — Payments are processed by Stripe Inc. and its EU affiliate Stripe Payments Europe Ltd under their own terms.
• VAT — Wynex Labs is registered under the French Franchise en base de TVA regime. Invoices carry the mention “TVA non applicable, article 293 B du CGI” and do not include French VAT. For EU B2B customers outside France, the reverse-charge mechanism does not apply because no VAT is charged in the first instance. You remain responsible for any indirect-tax filings required by your jurisdiction.
• Renewal — Subscriptions renew automatically at the end of each billing period at the then-current price unless cancelled at least one full day before the renewal date via your account billing page.
• Refunds — Paid fees are non-refundable except where required by mandatory consumer-protection law. For French consumers (acting outside their trade or profession), the Code de la consommation withdrawal right (Art. L221-18) is generally not available for digital services that have begun execution with your express prior consent and your express waiver — by starting to use a paid feature you provide that waiver.
• Tax changes — If the Franchise en base TVA threshold is exceeded and we become VAT-registered, future invoices will carry French TVA and we will notify subscribers in advance.

6. Licence grant — to you

Subject to your compliance with these Terms, we grant you a limited, revocable, non-exclusive, non-transferable, non-sublicensable licence during your subscription term to access and use the Service for your own internal business or research purposes. No other rights are granted by implication, estoppel, or otherwise.

7. Licence grant — to us, in respect of Customer Content

You retain ownership of all Customer Content you submit. You grant us a worldwide, royalty-free, non-exclusive licence to host, store, transmit, process, display, and create analytical Outputs from your Customer Content solely for the purpose of operating the Service for you. This licence ends when you delete the Customer Content or close your account, except for limited retention required to comply with law (see Privacy Policy §4).

We do not use Customer Content to train AI models. Where the Service uses AI providers to assist with analysis, all such providers are listed in the Subprocessor Register, all are bound by data-processing agreements that prohibit training on inputs, and all are configured for zero-retention where a zero-retention option is available.

8. Acceptable use

You agree not to:

• reverse-engineer, decompile, disassemble, or attempt to derive the source code of the Service, except as expressly permitted by mandatory law;
• scrape, crawl, or use automated tools to extract data or content from the Service except via documented APIs and within published rate limits;
• resell, redistribute, sublicense, white-label, or expose the Service or its Outputs to third parties as a substitute for the Service itself;
• use the Service to build a competing product or to benchmark for the purpose of building a competing product;
• upload malicious code, attempt to circumvent security features, probe for vulnerabilities (except via responsible disclosure to security@wynexlabs.studio), or interfere with the Service's operation;
• misrepresent the source of Outputs or strip our attribution from analytical exports redistributed inside your organisation in a way that suggests the Outputs are first-party research from another firm;
• use the Service for any unlawful purpose, including market manipulation, insider dealing, or violation of applicable sanctions regimes;
• attempt to identify any individual from any anonymised or aggregated data the Service exposes.

9. Intellectual property

• Our IP — Wynex Labs and its licensors retain all right, title, and interest in and to the Service, the underlying software, the methodology documentation, the brand, and all improvements, except for rights expressly granted to you.
• Your IP — You retain all rights in your Customer Content, your account-level configurations, and any analyses you create using the Service.
• Feedback — If you send us feedback, feature requests, or bug reports, you grant us a perpetual, irrevocable, royalty-free licence to use that feedback to improve the Service, without attribution or compensation obligation.

10. Privacy and data protection

Our processing of personal data is governed by our Privacy Policy, which forms part of these Terms. For Customer-Content processing where you are the controller and we are the processor (for example, if you upload portfolios containing client identifiers), our standard Data Processing Addendum is available on request at privacy@wynexlabs.studio and is deemed incorporated into these Terms upon your written acceptance.

11. Confidentiality

Each party may receive non-public information of the other in the course of using the Service (“Confidential Information”). Each party will protect the other's Confidential Information using the same care it uses to protect its own (and at least reasonable care), will use it only for purposes of the Service, and will not disclose it to third parties except to advisors bound by equivalent confidentiality. Confidential Information does not include information that is publicly known, was rightfully known before disclosure, is independently developed, or is rightfully received from a third party without confidentiality obligation.

12. Service availability, maintenance, and changes

We aim to make the Service available continuously but do not warrant uninterrupted access. We may schedule maintenance, deploy updates, or make changes to features at any time. Where a change materially reduces the functionality of a paid feature you currently use, we will give you reasonable advance notice and, where the change is materially adverse, will offer a prorated refund of the unused portion of any pre-paid term if you choose to terminate. We do not currently offer a contractual uptime SLA on the self-serve plan; institutional customers may negotiate an SLA in a separate written agreement.

13. Modifications to these Terms

We may update these Terms from time to time. Material changes will be notified by email and by an in-product banner at least 30 days before they take effect. Your continued use of the Service after a change takes effect constitutes acceptance. If you do not accept a change, you must stop using the Service before the change takes effect and may request a prorated refund of any unused pre-paid term.

14. Term, suspension, and termination

• Term — These Terms apply for as long as you have an account.
• Termination by you — You may close your account at any time from your account settings. Your paid term will continue until the end of the current billing period; no refund of the current period is offered except as required by mandatory law.
• Termination by us — for cause — We may suspend or terminate your account immediately and without refund if you materially breach these Terms (including §8 Acceptable Use), if your payment fails repeatedly, if your account creates legal risk for Wynex Labs, or if a competent authority requires it.
• Termination by us — for convenience — We may terminate your account for convenience on 30 days' written notice. We will refund any unused portion of a pre-paid term, prorated to the termination date.
• Effect of termination — On termination, your right to use the Service ends. You may export Customer Content for 30 days following termination via the in-product export tools. After 30 days, we will delete Customer Content per the retention schedule in the Privacy Policy, except as required by law (French commercial-law obligations to retain invoicing records for 10 years).

15. Beta features

From time to time we may make features available marked as “beta,” “preview,” or similar. Beta features are provided as-is, may be discontinued or changed without notice, and are excluded from any warranty (§17) or service-level commitments. Do not rely on a beta feature for production use.

16. Open-source components

Strata uses open-source software listed in our software bill of materials. Open-source components are governed by their own licences, which prevail over these Terms in respect of those components only.

17. Warranties and disclaimers

To the maximum extent permitted by law, the Service is provided “as is” and “as available,” without warranty of any kind, whether express, implied, or statutory, including any implied warranty of merchantability, fitness for a particular purpose, non-infringement, accuracy, reliability, or that the Service will be uninterrupted or error-free. We do not warrant that Market Data is correct, that Outputs match any benchmark, that the Service will meet your requirements, or that any analytical methodology implemented is appropriate for your use case. Nothing in the Service constitutes investment, financial, tax, legal, or accounting advice (see §3).

Nothing in this Section limits any non-excludable consumer warranty under French law (in particular the warranty of conformity under Art. L217-3 et seq. of the Code de la consommation, where applicable to consumers acting outside their trade or profession).

18. Limitation of liability

To the maximum extent permitted by law:

• Indirect damages excluded — Neither party will be liable to the other for any indirect, incidental, consequential, special, or punitive damages, or for any lost profits, lost revenue, lost data, lost goodwill, lost trading or investment opportunity, or business interruption, even if the party has been advised of the possibility of such damages.
• Aggregate cap — Each party's total cumulative liability arising out of or relating to these Terms or the Service, whether in contract, tort, or otherwise, is capped at the greater of (i) the fees you paid to us in the twelve (12) months preceding the event giving rise to the liability, or (ii) one hundred euros (€100).
• Carve-outs — The exclusions and cap above do not apply to (a) liability that cannot be excluded under mandatory law (in particular, in France, gross negligence — faute lourde — wilful misconduct — faute dolosive — or personal injury); (b) breach of confidentiality under §11; (c) infringement of the other party's intellectual property; (d) a party's indemnification obligations under §19.

19. Indemnification

You will defend and indemnify Wynex Labs against any third-party claim arising from your unlawful use of the Service, your breach of §8, your infringement of any third party's intellectual property through your Customer Content, or your violation of applicable law. We will defend and indemnify you against any third-party claim that your authorised use of the Service infringes that third party's intellectual property in the European Union, provided you notify us promptly and let us control the defence. Our maximum indemnification liability under this Section is subject to the cap in §18.

20. Force majeure

Neither party is liable for any failure or delay in performance caused by events beyond reasonable control, including natural disasters, war, terrorism, civil unrest, government action, labour disputes, internet or telecommunications outages affecting a substantial part of the relevant geography, pandemics, or denial-of-service attacks. The affected party will use reasonable efforts to resume performance.

21. Governing law and jurisdiction

These Terms are governed by French law, excluding its conflict-of-laws principles and excluding the United Nations Convention on Contracts for the International Sale of Goods. Any dispute arising out of or relating to these Terms or the Service will be submitted to the exclusive jurisdiction of the competent courts of Paris, France, subject to any non-waivable consumer-protection rule that grants a consumer (acting outside their trade or profession) the right to bring proceedings before the courts of their habitual residence.

For French consumers, the mediation provisions of Art. L612-1 et seq. of the Code de la consommation apply. The consumer mediator competent for Wynex Labs is to be designated upon first request to legal@wynexlabs.studio.

For business customers (B2B), the exclusive jurisdiction of Paris courts applies without exception.

22. Miscellaneous

• Severability — If any provision is held invalid or unenforceable, the remaining provisions remain in effect, and the invalid provision will be replaced by an enforceable provision that most closely reflects the parties' original intent.
• No waiver — A party's failure to enforce a right is not a waiver of that right.
• Assignment — You may not assign these Terms without our prior written consent. We may assign these Terms to a successor in connection with a merger, acquisition, restructuring, or sale of all or substantially all of our assets — including any future transfer of the Strata business from Wynex Labs (operated as an Entrepreneur Individuel) to a French SAS or other corporate entity formed by the same controller; we will give 30 days' notice.
• Entire agreement — These Terms, together with the Privacy Policy and Subprocessor Register, constitute the entire agreement and supersede any prior agreement on the same subject (excluding any separate signed written agreement, which takes precedence).
• Notices — Notices to you may be given by email or in-product notification. Notices to us must be sent to legal@wynexlabs.studio and, for matters requiring a postal address, to 59 Rue Georges Lardennois, 75019 Paris, France.
• Language — These Terms are published in English. A French translation may be provided for information; in case of inconsistency, the English version prevails, except where French consumer-protection law requires the French version to prevail for a consumer.

23. Contact

• General / legal — legal@wynexlabs.studio
• Security disclosures — security@wynexlabs.studio
• Privacy / data-subject requests — privacy@wynexlabs.studio
• Postal — Wuttipat Klinyam (Wynex Labs), 59 Rue Georges Lardennois, 75019 Paris, France