Evaluation terms.
The terms a firm evaluates Flarion on. Short, because there is not much to say: you pay monthly, you can leave with notice, your data is yours and the platform is ours.
1. The parties
Flarion is provided by Islands AI Ltd, a Guernsey company, registration 74458, of 2 Market Street, St Peter Port, Guernsey GY1 1HB ("Islands AI"). The firm using it is "the firm".
2. The service
Flarion is KYC and AML compliance software hosted in Guernsey and made available to the firm at app.flarion.ai. What it does is described on this site and only what is described as live is provided. Islands AI does not approve, certify or warrant the firm's compliance: the firm's own policies, procedures and judgement determine that.
3. Fees
- Priced per client name per month, in marginal bands: first 250 names at £3; names 251 to 1,000 at £2.50; names 1,001 to 3,000 at £2. Each band's rate applies only to the names in that band. Above 3,000 names the rate is agreed in writing before it applies.
- A £750 monthly minimum, which is what the first band comes to. A name is any person or entity the firm screens. Users are unlimited and are not names.
- Billed monthly on the count of names the firm holds at month end. Prices exclude any applicable taxes.
- Identity verification and screening provider costs are bundled, with fair use of 12 identity checks per name per year. Checks beyond fair use are billed at the provider's cost, and the firm is told before it reaches the limit.
- Crew joining a vessel: £50 per person, charged once when the person is approved. A firm that onboards only crew has no monthly minimum. Criminal record checks, where a position needs one, are billed at cost and quoted first.
- Bespoke work the firm asks for is quoted in writing before it starts.
- No per-seat fees. No setup fee.
4. Term and ending
The subscription runs for twelve months from the start date and then continues month to month. The firm's price is fixed for the term. After the term, either party may end it on 90 days' written notice. A year paid upfront is charged at ten per cent less than the monthly total for that year.
The first sixty days. In the first sixty days either party may end the subscription on thirty days' written notice, with nothing owed beyond that notice period. This sits above the twelve-month term and is not conditional on anything.
On ending, Islands AI exports the firm's data to it in open formats within thirty days, at no charge, and deletes it ninety days after the subscription ends, confirming the deletion to the firm in writing. Records Islands AI must keep by law are excepted.
5. Data
The firm is the controller of the personal data it puts into Flarion; Islands AI is its processor and acts on its instructions. The privacy notice describes what is processed, by whom and for how long. The security and hosting page describes where it is held. Islands AI hosts the firm's data in Guernsey, with the backup copy held in Jersey, and does not use it for any purpose other than providing the service.
6. Ownership
Islands AI owns the Flarion platform, its code, design and documentation, and everything it builds during the evaluation. The firm owns its data and the records Flarion produces from it. Neither party acquires rights in the other's property.
7. Availability and support
Islands AI keeps Flarion available, backed up nightly and monitored, and answers the firm from St Peter Port. Planned maintenance is announced in advance. No uptime figure is promised during evaluation.
8. Liability
Islands AI's liability to the firm in any twelve months is limited to the fees the firm paid in that period. Neither party is liable to the other for indirect or consequential loss. Nothing limits liability for fraud or for anything that cannot be limited by law.
9. Law
These terms are governed by the laws of Guernsey and the Guernsey courts have exclusive jurisdiction.
Questions about these terms: [email protected].
Ready to evaluate?
Book a 30-minute walkthrough and we will agree the evaluation and set it up on your own client book.