Bespoke Software Escrow Agreements
We pride ourselves on our ability to create unique protections to fulfil our client’s requirements. For clients who require more tailored protection, SES can create bespoke Software Escrow Agreements to meet all parties’ requirements.
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Bespoke Software Escrow Agreements to fulfill unique requirements
We understand that there are many different ways of licensing software to end-users through certified software distributors or reseller channels, these circumstances can reflect who provides support and maintenance, who owns the intellectual property rights (IPR), who is responsible for depositing the source code etc. SES provides comprehensive advice as an independent third party on the most suitable Software Escrow Agreement for all parties involved.
A sample of the bespoke Software Escrow Agreements we've created for clients:
A well-established surveillance company with a history of working with financial institutions continues to grow and excel in delivering comprehensive solutions to their clients.
A relatively new digital challenger bank has been operating personal accounts and lending facilities for several years. With ambitious plans to grow, SES was chosen after a detailed and rigorous tender process to provide a range of Escrow services to protect the bank and its processes.
In recent years this well-respected Software provider to the Healthcare industry trusted by over 75% of the UK’s NHS organisations has been growing and acquiring other software companies to improve and complement its solution offering to customers.
Traditionally most software vendors provide their software on-premise. However, with the flexibility, limitless geographical reach, scalability and cost savings associated with external hosting, the company launched a SaaS-based model.
This award-winning online gaming company contracts a percentage of its gaming development to expert third parties, ensuring that they can create the best user experience for its customers.
This multinational client is a commercial manufacturer of electronics and electrical equipment across the globe.
Software Escrow tailored to your business
At SES we have broken our core Software Escrow services into four distinct service levels to make it easier for our customers to choose the right protection for their business. All of our Escrow Agreements can be used to protect both on-premise and hosted software applications, are secured to ISO: 27001 standards and include the highest liability indemnity insurance available (£5 million).
Already have an Escrow Agreement in place with another supplier? Our Free Transfer Offer enables you to transfer your existing Escrow portfolio to SES at no additional cost. There are no setup fees and SES will manage the entire process on your behalf.
FAQs
Find clear answers about our software escrow services and how we protect your digital assets.
For End Users of business-critical applications, Software Escrow protects you against the developer of your business-critical applications no longer being able to support their applications.
For Software Developers, an Escrow Agreement helps build credibility and trust that you have your clients interests at heart.
In its simplest form, an Escrow Agreement is a tri-party agreement between an End User, a Software Developer and a third party Software Escrow Agent. The Developer licenses the application to the End User as usual but also deposits a copy of the source code for the application and any other material required to accurately redeploy the application into Escrow which can then be released to the End User if a release event contained within the Escrow Agreement is triggered.
The answer to this is entirely dependent on the level of protection you need. SES offers a range of Software Escrow Agreements depending on how many clients will be added to the agreement (for Software Developers), how many business-critical applications the agreement will be used to cover (for End Users) and whether the application/s in question is installed on-premise or delivered through a SaaS model.