terms

Terms of service.

Written to be read. Eleven clauses, no boilerplate, effective 2026-08-03. FinObservatory is operated by Md Deluair Hossen; questions and every request these terms route anywhere go via deluair.com.

1. The free platform

Everything public on FinObservatory today stays public: data pages, workbenches, notes, the analyst and the APIs. Free use is subject only to fair use of the infrastructure and to the upstream licences of the underlying datasets, each named on the page that uses it. Nothing in these terms narrows the free platform.

2. The Pro subscription

FinObservatory Pro is $1,500 per year, billed annually. There is no monthly option. One subscription is a licence for one firm and covers up to 5 named users inside that firm; the first account is the one that subscribes, and the remaining seats are activated on request at no extra charge. Pro is currently sold to US billing addresses only.

3. What your firm may do with the output

This is the clause the subscription exists for. Your firm may reproduce Pro tables, panels, charts and CSV exports inside its own deliverables: client memos, board papers, internal decks, on your own letterhead, without asking. The one condition is attribution where the material appears, in this form or equivalent:

Source: FinObservatory Pro (finobservatory.org), vintages as stated on the export.

Every CSV opens with a provenance header naming its sources, licences, vintages and retrieval dates, so the attribution is checkable by whoever receives your document. What the licence does not cover: republishing or reselling the datasets themselves or any substantial extraction of them, offering Pro output as a data product, or removing the provenance header from a file you pass on. The non-commercial research layers (GMD, JST) are outside every paid surface by their own licences and outside this clause.

4. Refunds

30 days, full refund, no questions, first subscription year. Past 30 days, a broken paid surface that stays broken after being reported is grounds for a pro-rata refund; disagreement with an analytical judgment is not. A paid surface whose dataset cannot be kept honest is pulled from the tier and says so, rather than being sold broken.

5. Cancellation

Cancelling stops the next renewal. The year already paid for runs to its end date with full access, and everything exported during the subscription stays licensed under clause 3 forever. The price at renewal is the price stated on /pro at that time, and a price change is announced there before it applies to anyone's renewal.

6. Accounts

Accounts are email and password. Reset is self-serve at forgot password when reset email is configured, and manual always. A paid subscription is never lost to a forgotten password. Sharing one login outside the licensed firm is the one thing that gets an account closed without a refund.

7. What the data is

Every number on the platform traces to a named primary source with a stated vintage: FDIC, FFIEC, the Federal Reserve, OCC, CFTC, SEC, and the others named where they are used. Processing (joins, panels, scores, guards) is FinObservatory's and is described on the page, on the methodology routes, or in the CSV header. Sources revise, vintages age, and measures disagree; the pages say so where it bites instead of pretending otherwise.

8. What the data is not

Nothing on FinObservatory, free or Pro, is investment advice, a rating, a supervisory assessment, a solvency opinion, or a substitute for a licensed professional reading the actual filings. Panels are descriptive, benchmarks are benchmarks, and where a model has failed out of sample the page hosting it says so in public.

9. Liability

The service is provided as described, with faults disclosed where known. To the extent the law allows, total liability for any claim arising from the service is capped at the subscription fees your firm paid in the 12 months before the claim. Nothing here excludes liability that cannot lawfully be excluded.

10. Privacy

The platform stores what an account needs: email, name if given, a password hash, session records, and for subscribers the Stripe customer reference. Card details never touch FinObservatory; Stripe holds them. Account data is never sold or shared beyond what payment processing requires.

11. Changes

These terms can change; the effective date at the top moves when they do, and a change that narrows clause 3 or clause 4 applies only from your next renewal, never retroactively to a year already paid for.