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Legal Documentation | Tirmann
02

Terms of Service

These Terms of Service govern the overarching commercial relationship, website usage, and software licensing framework established by TIRMANN LTD. Engagement with our digital infrastructure or execution of a software licence agreement implies unconditional adherence to these terms. Individual commercial parameters, seat allocations, and specific deliverables are governed by the primary Algorithmic Software Licence Agreement and associated Annex schedules executed independently with each client.

2.1 Operational Scope and Technology Vendor Model

TIRMANN LTD provides fixed-price, seat-based software licensing services tailored for professional counterparties. Licensees are granted secure access to quantitative strategy modules, monthly scheduled technical updates, and analytical research documentation. Tirmann acts solely as a software infrastructure vendor and exerts no control or oversight over the client brokerage environment.

Core Governance: Tirmann maintains absolute structural separation from client trading activities. We do not hold client funds, manage accounts, or execute discretionary trading decisions. The client retains total, uncompromised control over their execution platforms, risk thresholds, and capital allocations.

2.2 Fee Structure and Financial Independence

All commercial remuneration due to TIRMANN LTD consists exclusively of fixed, pre-determined licensing or infrastructure seat fees. These fees are calculated independently of the client's trading capital volume, account leverage, performance outcomes, or financial returns. TIRMANN LTD explicitly rejects performance fees, profit-sharing models, success commissions, or any variable compensation linked directly or indirectly to trading profitability.

2.3 Delivery Cycles, Subscriptions, and Invoicing

Software activations, strategy rotations, and periodic updates follow Tirmann's standard operational calendar. Financial obligations must be satisfied in advance according to agreed billing cycles. Failure to settle invoices within the contractual timeframe may result in the suspension of software licences and technical access credentials until full remediation occurs.

2.4 Counterparty Eligibility: Professional Clients Only

Services provided by TIRMANN LTD are strictly B2B and intended exclusively for qualified institutional counterparties, corporate clients, family offices, proprietary trading firms, and professional market participants possessing the requisite technical expertise, operational infrastructure, and financial sophistication. TIRMANN LTD does not provide services, software, or deliverables to retail clients or individual non-professional consumers. Non-professional individuals are strictly prohibited from accessing or subscribing to Tirmann software deliverables.

2.5 Doctrine of Reverse Solicitation

By executing an agreement with TIRMANN LTD, the client formally certifies, warrants, and covenants that they have approached Tirmann entirely on their own initiative through reverse solicitation, free from any active marketing, canvassing, or public solicitation conducted by Tirmann within the client's local jurisdiction.

2.6 Strict Licence Restrictions and Prohibited Uses

Licences granted by Tirmann are non-exclusive, non-transferable, and restricted strictly to internal operational use by the designated counterparty. Licensees are expressly prohibited from: (a) utilizing strategy files to manage third-party capital, operate managed accounts, or establish signal-vending services such as MAM or PAMM structures; (b) decompiling, disassembling, reverse engineering, or attempting to extract the underlying source logic of the software; (c) redistributing, sub-licensing, or transferring strategy deliverables to external parties.

2.7 Limitation of Liability and Damages Expiry

To the maximum extent permitted under applicable law, the aggregate liability of TIRMANN LTD for any direct, indirect, or consequential claims arising out of or related to the software licences or services shall be strictly capped at the total cumulative fees actually paid by the client to Tirmann during the twelve months immediately preceding the event giving rise to liability. Tirmann shall bear no responsibility for trading losses, capital drawdowns, missed market opportunities, or system downtime.

2.8 Governing Law and Jurisdictional Venue

These Terms of Service and any contractual or non-contractual disputes arising from them shall be governed by, interpreted, and construed in accordance with the laws of England and Wales. The contracting parties submit irrevocably to the exclusive jurisdiction of the courts of England and Wales to resolve any legal controversies.

03

Privacy Policy

TIRMANN LTD is committed to maintaining the highest standards of data protection and privacy compliance. This Privacy Policy details our operational adherence to the UK General Data Protection Regulation (UK GDPR) and the Data Protection Act 2018 regarding the processing of professional and corporate data.

3.1 Data Controller Identification

Data Controller: TIRMANN LTD, 86-90 Paul Street, London, EC2A 4NE, United Kingdom (Company No. 16992284). Designated privacy inquiries must be directed to contact@tirmann.com.

3.2 Scope of Collected Information

We restrict data collection strictly to information necessary for corporate identification, legal compliance, and contract execution:

  • Corporate and Identity Data: Legal corporate entity name, registered representatives, professional titles, and jurisdictions of operation.
  • Communication Data: Professional correspondence logs, inquiry details, and email addresses.
  • Compliance and Due Diligence Data: Documentation gathered during onboarding verifications and regulatory eligibility checks.
  • Billing and Invoicing Data: Transaction histories and financial settlement records (Tirmann never collects, processes, or stores raw banking credentials, credit card details, or brokerage login data).
  • Technical Telemetry: Standard server access logs and basic website security diagnostics.

3.3 Legal Basis for Processing Operations

Personal and corporate data processing is conducted strictly under authorized legal frameworks: (a) Performance of a contract to deliver software licences and maintain operational communication; (b) Compliance with mandatory statutory, accounting, and anti-fraud legal obligations; (c) Legitimate commercial interests aimed at safeguarding our proprietary technology and securing network infrastructure.

3.4 Data Retention Protocols and Security Measures

Client information is retained securely for the active duration of the commercial agreement and for a mandatory statutory period of five years following contract termination to satisfy corporate auditing and regulatory requirements. Technical safeguards include enterprise-grade encryption protocols for data at rest (AES-256) and data in transit (TLS 1.2+), alongside strict access controls.

3.5 Data Subject Rights and Enforcement

Under the UK GDPR framework, verified data subjects retain legal rights regarding access, rectification, erasure, restriction of processing, and data portability. Inquiries or formal requests concerning data privacy rights must be submitted directly to our administrative contact point at contact@tirmann.com and will be addressed within statutory deadlines.

04

Risk Disclaimer

Essential Risk Warning: Engaging in quantitative futures trading and deploying automated algorithmic models involves substantial financial exposure and a high risk of capital loss. Market volatility, execution anomalies, and systemic events can result in the total depletion of invested capital. Counterparties must evaluate their financial capacity before activating any systematic model.

4.1 Absolute Technology Vendor Disclaimer

TIRMANN LTD functions exclusively as an independent software development studio and technology licensing vendor. Nothing contained within our digital presence, research publications, or software products constitutes investment advice, financial portfolio management, endorsement, or formal solicitation to buy or sell financial instruments.

4.2 Limitations of Historical Backtests and Simulations

All performance figures, equity trajectories, drawdown statistics, and statistical summaries published by Tirmann are derived from historical backtesting, walk-forward optimizations, or simulated environments unless explicitly certified as live proprietary results. Historical performance results possess severe inherent limitations. Past performance is entirely non-indicative of future outcomes. Simulations do not account for critical real-world trading frictions, including severe market impact, liquidity droughts, execution slippage, and unexpected exchange latency spikes.

4.3 Nature of Monthly Rotations and Research Artifacts

Periodic updates, portfolio blueprints, and scheduled strategy rotations are provided strictly for informational and software maintenance purposes. These communications do not constitute explicit trade signals, execution instructions, or binding recommendations to deploy specific strategies. Final operational discretion rests entirely with the licensee.

4.4 Infrastructure, Connectivity, and Operational Vulnerabilities

Automated execution systems rely heavily on external technical infrastructure, including third-party broker gateways, high-speed data feeds, and virtual private server uptime. TIRMANN LTD disclaims all responsibility and liability for financial losses originating from infrastructure failures, internet outages, broker API disconnections, or platform execution errors beyond our direct operational control.

We specialise in developing and licensing quantitative algorithmic systems for professional traders and institutional clients operating in futures markets.

We specialise in developing and licensing quantitative algorithmic systems for professional traders and institutional clients operating in futures markets.

Tirmann Ltd (registered no. 16992284, England & Wales, registered office: 86-90 Paul Street, London EC2A 4NE) operates as a quantitative software development and licensing studio. Tirmann Ltd is not authorised or regulated by the Financial Conduct Authority (FCA) or any other financial regulatory authority. Tirmann Ltd does not provide investment advice, portfolio management, asset management, discretionary management, or any regulated financial service as defined under the Financial Services and Markets Act 2000 (FSMA) or the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 (RAO).

Tirmann Ltd develops, validates, and licenses algorithmic trading software in the form of strategy files (.pla) and associated technical documentation (Blueprint reports). The delivery of software files and technical documentation does not constitute a personal recommendation, investment advice, or a solicitation to buy, sell, or hold any financial instrument. All materials are provided for informational and technical purposes only. Tirmann Ltd has no access to client brokerage accounts, does not execute trades on behalf of clients, does not hold client funds, and exercises no discretion over client trading activity at any time.

Trading financial instruments, including futures contracts, involves a substantial risk of loss and may not be suitable for all investors. You may lose more than your initial investment. Past performance, whether derived from historical backtests, walk-forward analysis, out-of-sample validation, or live trading data, is not indicative of, and provides no guarantee of, future results. Backtest results are inherently subject to limitations including survivorship bias, look-ahead bias, and the assumption of ideal execution conditions which may not be replicable in live markets. All performance figures presented on this website and in Tirmann Blueprint© reports are provided for illustrative purposes only.

The client bears sole and full responsibility for all decisions relating to the adoption, deployment, configuration, activation, and ongoing management of any algorithm licensed from Tirmann Ltd. The client is solely responsible for assessing the suitability of algorithmic trading in the context of their personal financial situation, risk tolerance, investment objectives, and applicable regulatory obligations. Tirmann Ltd strongly recommends that any person considering the use of algorithmic trading systems seek independent financial, legal, and tax advice from qualified professionals before proceeding. To the maximum extent permitted by applicable law, Tirmann Ltd accepts no liability for any direct, indirect, incidental, or consequential losses arising from the use or reliance upon any software, documentation, or information provided by Tirmann Ltd.