Powdr's Support Policy

Last modified: 1st January 2025

Powdr Support Policy

Effective: 1st January 2025

  1. Overview

This Support Policy outlines the service levels, response times, and support channels provided by Powdr Ltd (“Powdr”) for its cloud-based financial modelling platform (“the Platform”). This policy is designed to meet the requirements of enterprise clients, including regulated institutions such as banks, and ensures timely, secure, and transparent support services.

  1. Scope of Support

Powdr provides support for:

  • Platform availability and uptime
  • Technical troubleshooting and defect resolution
  • Assistance with user access and permissions
  • Questions about platform functionality and financial modelling features
  • User onboarding and training resources

Support does not cover:

  • Third-party software outside of the Platform
  • Integration problems (e.g. Xero) where we (Powdr) receive an error message from the third party that advises we cannot connect to them
  • Understanding of the formulas that lead to the calculations of the financial model
  • Custom financial advice or bespoke financial model building (unless agreed under a separate contract)
  1. Support Channels

Channel

Availability

Notes

Email

nicola@powdr.co.uk

09:00-17:00

 UK time, Mon–Fri

All queries tracked via our ticketing system

Online chat bot &

user guides

24/7

Self-service documentation and FAQs

 

    

 

  1. Severity Definitions and Response Times

Severity

Description

Target Response Time

Target Resolution Time

1 – Critical

Platform is completely unavailable or major functionality is unusable with no workaround.

2 hour

1 business day

2 – High

Significant issue affecting multiple users; workaround exists but severely impacts usage.

4 hours

2 business days

3 – Medium

Issue affects a single user or non-core functionality; workaround available.

1 business day

Up to 14 days (within 2 week sprint cycle)

4 – Low

Minor issue, cosmetic bug, or general query.

2 business days

As soon as practicable

All times are UK business hours unless otherwise agreed in writing.

  1. Incident Management

Clients will receive regular updates during resolution, including:

  • Initial acknowledgement and severity classification
  • Status updates for Severity 1 and 2 tickets at agreed intervals
  • Resolution summary and root cause analysis (if applicable)
  1. Escalation Process

If a support request requires urgent attention or is not resolved to satisfaction, it can be escalated:

  1. Contact your account manager directly.
  2. Escalate to Head of Support: nicola@powdr.co.uk
  3. Final escalation to CTO/COO as appropriate.
  1. Maintenance and Updates

Powdr performs regular platform maintenance, including patches and upgrades. Clients will receive advance notice of:

  • Scheduled maintenance windows
  • Any expected service interruptions (usually outside of business hours)
  • New feature rollouts and deprecations

We aim for 99% uptime, excluding planned maintenance.

  1. Client Responsibilities

To ensure effective support, clients are expected to:

  • Nominate internal contacts as primary users for technical liaison
  • Provide timely information relevant to support requests
  • Maintain secure access credentials and user permissions
  1. Data Security and Confidentiality

All support interactions are handled in accordance with Powdr’s Data Protection Policy and ISO 27001-compliant practices. No customer data will be accessed or shared without prior written consent, except where essential for issue resolution.