RISK DISCLOSURE
IMPORTANT: Verax Systems Ltd is a software development company. We provide technical infrastructure and data processing services. We do not provide financial advice, banking services, or payment processing.
1. General Risk Warning
Verax Systems Ltd provides software infrastructure. The use of our technology involves inherent risks related to digital data transmission and processing. Past system performance is not indicative of future results.
2. Third-Party Risk
Our software integrates with third-party banking and financial services. We do not control these entities and are not responsible for their operational failures, insolvency, or changes in service terms.
3. Software & Infrastructure Risks
The use of technical infrastructure carries specific risks, including but not limited to:
- System Failure: Hardware or software failures could result in service interruptions or data processing errors.
- Integration Risk: API changes or disruptions from third-party partners may impact system functionality.
- Security Risk: Despite our best efforts, no digital system is entirely immune to cyber threats or unauthorized access.
- Latency Risk: Delays in data transmission could impact the real-time nature of status updates.
4. Technology Risks
Our strategies rely heavily on technology, including internet connectivity, cloud infrastructure, and third-party APIs. Disruptions in any of these services could negatively impact performance.
5. Regulatory Risk
Changes in laws or regulations in the jurisdictions where we operate could affect our ability to execute our strategies or require us to alter our operations.
6. No Guarantee of Service Level
While we strive for 99.99% uptime, there is no guarantee that our systems will be error-free or uninterrupted. Users should maintain their own contingency plans for critical business operations.