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Terms of Service

The agreement between you and Alvris when you use our platform.

Last updated: January 2025

These Terms of Service ("Terms") govern your use of the Alvris website and platform at alvris.com ("Service"), operated by Alvris ("we", "us", "our"). By accessing or using our Service, you agree to be bound by these Terms.

Key point: Alvris is a simulation and analytics tool. It is not a financial adviser. Nothing on this platform constitutes investment advice. You use this Service at your own risk and must not rely on its outputs as the sole basis for any financial decision.

1. Acceptance of Terms

By using Alvris, you confirm that you are at least 18 years old, have the legal capacity to enter into this agreement, and agree to these Terms in full. If you are using Alvris on behalf of an organisation, you confirm you have authority to bind that organisation.

2. Description of Service

Alvris provides:

  • Portfolio stress testing and risk simulation tools
  • Scenario modelling based on historical market parameters
  • AI-generated risk narrative summaries
  • Risk scoring and drawdown analysis

Alvris does not provide investment advice, portfolio management services, financial planning, or any regulated financial service.

3. Permitted Use

You may use Alvris for lawful analytical and educational purposes only. You must not:

  • Use Alvris to make financial decisions without independent professional advice
  • Represent Alvris outputs as certified financial analysis or regulated advice
  • Attempt to reverse-engineer, copy, or replicate Alvris's simulation methodology
  • Use automated scripts to scrape or extract data from Alvris
  • Use Alvris in any way that violates applicable Indian or international law
  • Share your account credentials with third parties (when accounts are available)

4. No Investment Advice

Alvris is NOT a SEBI-registered investment adviser under the SEBI (Investment Advisers) Regulations, 2013. The outputs of the Alvris platform — including stress test results, risk scores, drawdown estimates, and AI narratives — are simulations for analytical and informational purposes only.

You must consult a SEBI-registered investment adviser or qualified financial professional before making any investment or financial decision.

5. Intellectual Property

All content, design, software, algorithms, and methodology on Alvris are the property of Alvris or its licensors. You may not copy, reproduce, or distribute any part of the Service without prior written permission.

Portfolio data you enter into Alvris remains your property. By entering data, you grant Alvris a limited licence to process it solely for the purpose of providing the Service to you.

6. Limitation of Liability

To the maximum extent permitted by Indian law, Alvris shall not be liable for:

  • Any financial loss arising from reliance on Alvris outputs
  • Inaccuracies in simulation results or risk scores
  • Indirect, consequential, or incidental damages of any kind
  • Loss of data, profits, or business opportunities
  • Service interruptions or technical failures

7. Disclaimer of Warranties

Alvris is provided "as is" without any warranties, express or implied, including but not limited to warranties of merchantability, fitness for a particular purpose, or non-infringement. We do not warrant that the Service will be error-free, uninterrupted, or that results will be accurate.

8. Subscriptions and Billing

The free stress test tool requires no payment. Paid subscription plans (when available) are governed by the pricing displayed at the time of purchase and our Refund Policy. Subscriptions auto-renew unless cancelled. GST (18%) is applicable to all paid plans for Indian users.

9. Termination

We reserve the right to suspend or terminate your access to Alvris at any time if you breach these Terms or if we reasonably believe your use is harmful to other users or the platform.

10. Governing Law

These Terms shall be governed by and construed in accordance with the laws of India. Any disputes shall be subject to the exclusive jurisdiction of the courts in Nagpur, Maharashtra, India.

11. Changes to Terms

We may update these Terms from time to time. We will notify users of material changes. Continued use after changes constitutes acceptance of the updated Terms.

12. Grievance Officer

In accordance with the Information Technology Act, 2000 and rules made thereunder, the name and contact details of the Grievance Officer are: grievance@alvris.com. Grievances will be addressed within 30 days of receipt.

13. Contact

For questions about these Terms: legal@alvris.com

Alvris

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Alvris is a financial analytics and simulation platform. All outputs are for informational purposes only and do not constitute investment advice.

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