Terms & Conditions

Please read these terms carefully before using our services

Last Updated: January 2025

Welcome to Creyente InfoTech. These Terms and Conditions ("Terms") govern your access to and use of our website, services, and products. By accessing or using our services, you agree to be bound by these Terms. If you do not agree, please do not use our services.

1. Definitions

  • "Company," "we," "us," or "our" refers to Creyente InfoTech
  • "Client," "you," or "your" refers to the individual or entity using our services
  • "Services" include cloud migration, Front Arena implementations, managed IT services, and related offerings
  • "Website" refers to creyenteinfotech.com and all associated domains
  • "Agreement" means these Terms along with any service-specific agreements

2. Acceptance of Terms

By accessing our website, engaging our services, or entering into a service agreement with Creyente InfoTech, you acknowledge that you have read, understood, and agree to be bound by these Terms, along with our Privacy Policy and any additional service-specific terms.

If you are entering into this Agreement on behalf of a company or organization, you represent that you have the authority to bind that entity to these Terms.

3. Services Overview

3.1 Cloud Migration Services

We provide comprehensive cloud migration services including assessment, planning, execution, and post-migration support for AWS, Azure, Google Cloud, and other platforms. Services are delivered based on agreed project scopes and timelines.

3.2 Front Arena Services

Our Front Arena (Fenergo) services include implementation, customization, upgrades, integration, and managed support for trading platforms. We specialize in risk management, derivatives trading, and financial system architecture.

3.3 Managed IT Services

We offer 24/7 managed IT services including infrastructure monitoring, maintenance, technical support, security management, and performance optimization tailored to your business needs.

3.4 IT Consulting

Strategic IT consulting services covering technology roadmaps, digital transformation, system architecture, and best practices for financial institutions and enterprises.

4. Service Agreements and Scope

All services are provided under formal service agreements that specify:

  • Detailed scope of work and deliverables
  • Project timelines and milestones
  • Pricing, payment terms, and billing schedules
  • Service Level Agreements (SLAs) and performance metrics
  • Roles, responsibilities, and communication protocols
  • Change management and escalation procedures

Service agreements take precedence over these general Terms in case of conflict.

5. Client Responsibilities

To ensure successful service delivery, clients agree to:

  • Provide accurate and complete information required for service delivery
  • Grant necessary access to systems, environments, and documentation
  • Designate authorized representatives for decision-making and approvals
  • Respond to requests for information and feedback in a timely manner
  • Maintain appropriate backups of critical data and systems
  • Comply with applicable laws, regulations, and industry standards
  • Ensure internal stakeholders cooperate with our team
  • Review and approve deliverables within agreed timeframes

6. Payment Terms

6.1 Pricing and Invoicing

Service fees are specified in individual service agreements. We offer various pricing models including:

  • Fixed-price project engagements
  • Time and materials (hourly/daily rates)
  • Monthly retainer agreements
  • Subscription-based managed services

Invoices are issued according to agreed billing schedules (monthly, milestone-based, or upon completion).

6.2 Payment Due Dates

Payment is due within 30 days of invoice date unless otherwise specified. Late payments may incur interest charges at the rate of 1.5% per month or the maximum allowed by law, whichever is lower.

6.3 Expenses and Reimbursements

Client-approved expenses (travel, third-party licenses, infrastructure costs) are billed separately with supporting documentation.

6.4 Taxes

All fees are exclusive of applicable taxes (GST, VAT, sales tax). Clients are responsible for all taxes except those based on our net income.

7. Intellectual Property Rights

7.1 Client-Owned IP

All pre-existing intellectual property owned by the client remains the client's property. We claim no ownership over client data, systems, or proprietary information.

7.2 Creyente-Owned IP

Our proprietary methodologies, tools, frameworks, templates, and pre-existing intellectual property remain our exclusive property.

7.3 Work Product

Custom deliverables created specifically for a client project (configurations, customizations, documentation) are transferred to the client upon full payment, unless otherwise specified in the service agreement.

7.4 Third-Party Licenses

Clients are responsible for obtaining and maintaining necessary third-party software licenses (Front Arena, cloud platforms, etc.). We assist with procurement but do not assume license obligations.

8. Confidentiality

Both parties agree to maintain confidentiality of proprietary information disclosed during the engagement, including:

  • Business strategies, financial information, and trade secrets
  • Technical specifications, system architectures, and source code
  • Client data, customer information, and trading data
  • Project details, pricing, and contractual terms

Confidential information may be disclosed only to employees and contractors who need to know and are bound by similar confidentiality obligations. This obligation survives termination of the service agreement.

9. Data Protection and Security

We implement industry-standard security measures to protect client data, including:

  • Encryption of data in transit and at rest
  • Access controls and authentication mechanisms
  • Regular security audits and vulnerability assessments
  • Incident response and breach notification procedures
  • Compliance with GDPR, ISO 27001, and relevant regulations

Clients retain ownership of their data. We process data only as necessary to deliver services and in accordance with our Privacy Policy and applicable data protection laws.

10. Service Level Agreements (SLAs)

For managed services and support contracts, we provide SLAs covering:

  • System uptime and availability targets (typically 99.9%)
  • Response times for support requests (based on severity levels)
  • Resolution timeframes for incidents and issues
  • Scheduled maintenance windows and notifications
  • Performance monitoring and reporting

SLA credits or remedies are specified in individual service agreements.

11. Warranties and Disclaimers

11.1 Service Warranties

We warrant that services will be performed in a professional and workmanlike manner consistent with industry standards. We will re-perform any services that fail to meet this standard at no additional cost.

11.2 Disclaimer of Other Warranties

EXCEPT AS EXPRESSLY STATED, SERVICES ARE PROVIDED "AS IS" WITHOUT WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR NON-INFRINGEMENT.

We do not warrant that services will be uninterrupted, error-free, or meet all client requirements. We are not responsible for issues arising from client systems, third-party software, or factors outside our control.

12. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY LAW:

  • Our total liability for any claims arising from services shall not exceed the fees paid by the client in the 12 months preceding the claim
  • We are not liable for indirect, incidental, consequential, special, or punitive damages, including lost profits, revenue, data, or business opportunities
  • We are not liable for damages caused by client's failure to follow recommendations, maintain backups, or fulfill client responsibilities
  • Claims must be brought within one year of the event giving rise to the claim

These limitations apply regardless of the legal theory (contract, tort, negligence, strict liability) and even if we have been advised of the possibility of such damages.

13. Indemnification

Client agrees to indemnify and hold harmless Creyente InfoTech, its officers, employees, and contractors from any claims, damages, losses, or expenses (including legal fees) arising from:

  • Client's breach of these Terms or service agreements
  • Client's violation of laws, regulations, or third-party rights
  • Client's misuse of services or unauthorized modifications
  • Claims that client-provided content infringes third-party rights

14. Term and Termination

14.1 Term

These Terms remain in effect as long as you use our services. Individual service agreements specify project durations or subscription periods.

14.2 Termination for Convenience

Either party may terminate a service agreement with 30 days' written notice, subject to payment for work completed and committed costs.

14.3 Termination for Cause

Either party may terminate immediately if the other party:

  • Materially breaches the agreement and fails to cure within 15 days of notice
  • Becomes insolvent or files for bankruptcy
  • Engages in fraudulent or illegal activities

14.4 Effect of Termination

Upon termination:

  • Client must pay all outstanding fees for services rendered
  • We will return or destroy client confidential information as requested
  • Client must cease using our proprietary tools and methodologies
  • Provisions regarding confidentiality, IP, liability, and indemnification survive

15. Force Majeure

Neither party is liable for delays or failures in performance caused by events beyond reasonable control, including natural disasters, pandemics, wars, terrorism, government actions, labor disputes, or infrastructure failures. Affected party must notify the other promptly and make reasonable efforts to mitigate impact.

16. Independent Contractor Relationship

Creyente InfoTech is an independent contractor, not an employee, agent, or partner of the client. We control the means and methods of service delivery. Nothing in these Terms creates an employment, agency, partnership, or joint venture relationship.

17. Subcontracting

We may engage subcontractors or third-party specialists to assist with service delivery. We remain responsible for their performance and ensure they comply with confidentiality and security obligations.

18. Compliance with Laws

Both parties agree to comply with all applicable laws, regulations, and industry standards, including:

  • Data protection laws (GDPR, CCPA, Indian IT Act)
  • Financial regulations (MiFID II, Basel III, SOX)
  • Export control and sanctions laws
  • Anti-bribery and anti-corruption laws
  • Labor and employment laws

19. Dispute Resolution

19.1 Negotiation

Parties agree to first attempt to resolve disputes through good-faith negotiations between senior management representatives.

19.2 Mediation

If negotiation fails, parties agree to mediation before pursuing litigation or arbitration.

19.3 Arbitration

Disputes not resolved through mediation shall be settled by binding arbitration under the rules of [Arbitration Body], conducted in [Location]. The arbitrator's decision is final and enforceable in any court.

19.4 Governing Law

These Terms are governed by the laws of [Jurisdiction], without regard to conflict of law principles.

20. Modifications to Terms

We reserve the right to modify these Terms at any time. Changes will be effective upon posting to our website with an updated "Last Updated" date. Continued use of services after changes constitutes acceptance. Material changes will be communicated via email to active clients.

21. Assignment

Client may not assign or transfer rights or obligations under these Terms without our prior written consent. We may assign these Terms in connection with a merger, acquisition, or sale of assets.

22. Severability

If any provision of these Terms is found invalid or unenforceable, the remaining provisions remain in full force and effect. Invalid provisions will be modified to the minimum extent necessary to make them valid and enforceable.

23. Waiver

Failure to enforce any provision does not constitute a waiver of that provision or any other provision. Waivers must be in writing and signed by the waiving party.

24. Entire Agreement

These Terms, together with service agreements and our Privacy Policy, constitute the entire agreement between parties and supersede all prior agreements, understandings, and communications regarding the subject matter.

25. Notices

All notices must be in writing and delivered via email or registered mail to:

Creyente InfoTech
Email: legal@creyenteinfotech.com
Address: 8th Floor, Jayabheri Silicon Towers, Dhlf Vc Silicon Tower, Hitech City Rd, Kondapur, Hyderabad, Telangana 500084

Notices are deemed received when delivered via email or 3 business days after mailing.

26. Contact Information

For questions about these Terms or our services, please contact:

General Inquiries: info@creyenteinfotech.com
Legal/Compliance: legal@creyenteinfotech.com
Support: support@creyenteinfotech.com

By using Creyente InfoTech's services, you acknowledge that you have read, understood, and agree to be bound by these Terms and Conditions. These Terms constitute a legally binding agreement between you and Creyente InfoTech.