Terms of Service

1. Purpose

These Terms govern access to and use of the Hub-Equity platform (site hub-equity.com, application, client area), published by HUB-EQUITY SAS (see the legal notice). Any use, including creating an account or browsing the public pages, constitutes acceptance of these Terms.

2. The service

Hub-Equity provides access to financial data from publicly filed XBRL and iXBRL filings (SEC EDGAR, ESEF and other regulatory sources), enriched with a proprietary normalisation, verification and traceability layer. The scope of each access level (without an account, free account, Builder, Team, Enterprise) is the one described on the pricing page; paid plans are governed by the Sales Terms.

3. User account

You are responsible for the confidentiality of your credentials and for all activity under your account. Any compromise must be reported without delay to contact@hub-equity.com. Each signup creates an independent workspace. You may request the deletion of your account at any time, at the same address; what happens to your data is set out in the Privacy Policy.

4. Acceptable use

The following are prohibited: automated bulk extraction outside the documented API and export features; accessing the platform by means of robots, scrapers, spiders or any other automated process (scraping, crawling) outside those same interfaces, in particular to build, rebuild or feed a database, a dataset or a service; circumventing authentication, rate limits, the limits of the subscribed plan or any technical filtering measure, including by rotating IP addresses or browser identifiers; redistributing the proprietary normalisation layer as a competing product (section 5); reverse engineering the engine; any attempt to attack, probe or degrade the service; and any use that infringes the rights of third parties. Apart from the documented API and export features, the only automated access permitted is that of robots which identify themselves truthfully and comply with the site's robots.txt, for the purpose of indexing public pages, citing them with a link to their source, answering a user's question or training a model. Any violation may result in technical blocking and immediate suspension of access (section 8), without prejudice to any legal action.

5. Intellectual property

Raw public data remains freely accessible at its source. The normalisation layer (concept codes, taxonomy, hierarchies, fiscal-year alignment, restatement diffs, quality scoring) is proprietary: it is subject to a non-exclusive, non-transferable right of use, which allows you to use it internally and to embed it in your own analytical outputs (reports, dashboards, models), provided those outputs do not allow a substantial part of it to be extracted or used as a substitute for it. It may be neither redistributed as a dataset nor licensed to third parties, save under a separate commercial agreement. Exports carry their provenance metadata.

Hub-Equity is the maker of the database that the platform constitutes, within the meaning of articles L.341-1 et seq. of the French Intellectual Property Code (Directive 96/9/EC). Save for the access permitted under section 4 and the API terms, and without written authorisation, the extraction or re-utilisation of a qualitatively or quantitatively substantial part of its contents is prohibited, as is the repeated and systematic extraction or re-utilisation of insubstantial parts, whether or not the underlying data is public.

6. Availability

The service is provided "as is" and "as available". Hub-Equity makes reasonable efforts to keep the service available and the data accurate, without any guarantee of continuous availability, latency or completeness during the beta phase. Features, plans and limits may change with reasonable notice.

7. Liability: essential warning

The data does not constitute investment advice. Hub-Equity is a data and analytics tool: nothing on the platform constitutes advice, a recommendation, or an offer to buy or sell any financial instrument. Hub-Equity guarantees neither the accuracy, the completeness nor the timeliness of the normalised data, and is not responsible for decisions made on the basis of it. Every value on the platform links back to the filing it comes from: verify it against that filing before basing a decision on it.

The data is derived from public third party filings and from automated normalisation processing. It is provided "as is", without warranty of accuracy, completeness, freedom from error or fitness for a particular purpose. Hub-Equity is in no case liable for indirect damages, including loss of opportunity, loss of profit, the consequences of an investment decision, financial loss or regulatory exposure. On free access, Hub-Equity's total liability, on all grounds combined, is capped at one hundred euros. On paid access, the applicable limitation is that of section 7 of the Sales Terms (sums paid over the twelve months preceding the triggering event). These limitations apply neither in the case of wilful misconduct or gross negligence, nor where the law sets them aside, in particular for consumers.

8. Suspension and termination

You may stop using the platform at any time and request the deletion of your account at contact@hub-equity.com. Hub-Equity may suspend or terminate access in case of violation of these Terms, with notice where practicable, and immediately in case of a breach of section 4. Termination of a paid subscription is governed by the Sales Terms.

9. Updates to these Terms

Hub-Equity may update these Terms with thirty days notice given on the platform and by email to registered users. Continued use after the effective date constitutes acceptance.

10. Governing law

French law. The Paris courts have exclusive jurisdiction, without prejudice to the mandatory consumer protection rules of your country of residence.

These Terms are the English version of the Conditions générales d'utilisation. In the event of any discrepancy between the two versions, the French version prevails.

Questions: contact@hub-equity.com. See also the legal notice and the Privacy Policy.