We generally do not sign non-disclosure agreements (NDAs) with potential clients, despite understanding the desire for such agreements before sharing sensitive information. This stance is due to the impracticality of managing and adhering to numerous NDAs, given their volume and varied terms. Additionally, our routine sharing of information with other financial entities would be restricted by an NDA.
The implementation and compliance with NDAs would also require a significant investment of our time and resources. This encompasses training our team on managing confidential information and navigating related legal complexities, including jurisdictional issues. Moreover, adhering to NDA stipulations regarding data deletion is not feasible due to existing digital storage and data retention laws.
While our policy on NDAs may not align with the preferences of all, we hope that understanding our reasons demonstrates why it’s not possible for us. Our aim is to find the best solution for you and we kindly ask you to reconsider your NDA requirement.
It’s noteworthy that while we do not sign NDAs, the solution providers we connect our clients with typically do. These providers, who will be engaging in more detailed and confidential discussions with you, are generally willing to sign an NDA to create a secure and legally binding environment for information exchange.
Our primary role is to facilitate your connection with these specialized entities, ensuring that your detailed discussions and transactions occur directly with them. Consequently, your confidential information will be safeguarded through an NDA with the solution provider, ensuring protection during your detailed interactions.
We trust this alternative approach ensures the security of your confidential information while respecting our operational limitations regarding NDAs.
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This page was last updated on October 15, 2023.
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