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"Significantly reduced our expenditure and provided a service that suits us"

"Arcadia Group Limited transferred its Escrow portfolio to SES because their fully-managed flexible approach has significantly reduced our expenditure and provided a service that suits us. It is important that our Escrow service provides the highest level of security to both ourselves and our suppliers. We are happy to recommend SES as a market-leading Escrow provider."

 

www.arcadiagroup.co.uk

 

Problem

Arcadia had acquired several brands to enhance its retail presence on the high street and online. As part of the realisation and consolidation plan, they require assistance to understand their Escrow Solutions portfolio across the individual businesses.

 

Solution

SES provided an FTO (Free Transfer Offer) and consolidated all the Escrow Agreements across the account from a range of UK & US suppliers under one Escrow Framework arrangement with one annual fee to cover all current, future developers and applications.

 

Outcome

Arcadia reduced their Software Escrow spend by 30%, enhanced their protection by understanding exactly what Escrow Agreements are required and what for applications, to ensure they are accurate and protect the operational resilience of the business.  

 

Overview

Made up of eight of the high street’s best-loved fashion brands Arcadia employs 19,000 people across the world.

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