SAMFCore Clarifies What Perpetual Banking Software Licensing Gives Buyers

Perpetual Banking Software: Defining the Rights

Swiss AMF AG is clarifying the practical meaning of perpetual banking software licensing for financial-services businesses. Under SAMFCore’s applicable perpetual model, a customer receives permanent contractual rights to use the software within the licensed scope, without needing an indefinite recurring SAMFCore software subscription to retain that right.

A perpetual licence is a specific commercial arrangement, not a claim that every future technology or operating expense disappears. A buyer should distinguish the right to use the software from implementation, infrastructure, support, external service providers, custom development and any separately agreed services. Banking, payment, card, KYC/KYB, AML, custody and other specialist providers are appointed for each deployment and have their own commercial arrangements.

The Scope Matters as Much as the Duration

Perpetual banking software buyers should read the licensed scope: which legal entity may use the software, the agreed geography, the product environment and any applicable limits or rights to adapt a deployment. SAMFCore’s perpetual offering provides unlimited end customers and no SAMFCore per-user or transaction-volume licence fees under the applicable model. Those terms concern the SAMFCore software licence; external provider, network and infrastructure charges remain separate.

The deployment model is another part of the decision. SAMFCore supports customer-controlled infrastructure, including on-premise and private-cloud configurations subject to the selected package and implementation design. Customers can select appropriate external providers and discuss integrations required for their particular business. Provider compatibility and regulatory suitability must be evaluated case by case.

Source-code rights require a separate distinction. Full Source Code is available in the Perpetual + Full Source Code and Enterprise Global packages. It can allow a licensed customer to inspect, maintain and develop its deployment through its own team or appointed developers, subject to the contract. A perpetual usage licence by itself should not be described as ownership of SAMFCore’s underlying intellectual property.

SAMFCore brings onboarding, fiat accounts, ledger activity, payments, cards, digital assets, compliance and administration into a modular operating platform. The perpetual licence is a way to secure lasting software usage rights for that platform, while implementation and provider decisions remain part of the buyer’s own operating model.

Businesses assessing perpetual banking software can review the licence structure at samfcore.com/perpetual-software-license and request a discussion of scope, deployment and external service needs.

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Mike Hightower

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