RapidRatings does not review or sign Non-Disclosure Agreements submitted by members. The confidentiality, data-handling, and permitted-use protections that an NDA typically provides are already built into the standard terms that govern every member's participation in the FHR Exchange.
Why RapidRatings uses standard terms instead of bilateral NDAs
The FHR Exchange operates as a shared network of clients and members. Applying a consistent contractual framework to every member — rather than negotiating individual agreements — is what allows the platform to function at scale and gives every member the same protections, reviewed and maintained under one standard.
Reviewing bespoke NDAs for each member would slow the rating process, create inconsistent obligations across the member base, and duplicate protections that already exist in the terms members accept when they join.
What the standard terms cover
Members accept the Discloser Terms when they join the FHR Exchange. These terms govern the same categories of protection a mutual NDA would address:
Confidentiality of submitted financial data. Financial statements and other materials submitted to RapidRatings are treated as confidential and are not disclosed outside the permitted use described in the terms.
Member control over disclosure. Ratings and reports are shared with client organizations only when the member authorizes that share. A member's data is not distributed to other clients or third parties without express authorization.
Permitted use of information. How RapidRatings may use submitted information — including for producing the member's Financial Health Rating and improving the underlying model — is defined in the terms and in the Use of Information article.
Data security. RapidRatings maintains the technical and organizational controls described in the Information Security Overview, including access controls, encryption, and monitoring appropriate to the sensitivity of financial data.
Members retain control of their rating and report at all levels of disclosure. See Disclosure Levels for how each level determines what a client can and cannot see.
If your legal team requires additional review
Members whose internal policies require legal review before submitting financial statements should direct their team to the Discloser Terms, the Privacy Policy, and the Information Security Overview. These documents together describe the full contractual and operational framework that applies to member data on the FHR Exchange and are the materials RapidRatings provides in place of a bilateral NDA.