Don't be caught out .......   "We didn't even know our supplier had problems....."

Escrow: Good Business Practice in a modern World

Data escrow ensures business continuity or access to key intellectual property (IP) should commercial circumstances change by holding source code or other information securely at an independent third party organisation.

Data escrow is an elegant solution in the business world where access to the data or information is granted  under a set of predetermined and agreed rules by all the interested parties. 

There are many applications, normally based around continued support should a key supplier cease trading, be acquired, or key personnel leave their company. The price for escrow is a small price to pay compared to the consequential costs of loss of service or support.

Our background in data security and a wealth of commercial and contractual expertise positions us strongly to advise clients about what is possible, and how to go about securing IP and source of supply.

More and more companies are protecting themselves by incorporating escrow provisions in to their terms of business. We can advise our clients on applicable terms, either as a supplier or customer.

Escrow is applicable to almost any information that can be stored in electronic form - from software source code to technical manuals, drawing, know how, manufacturing recipes and procedures - It is essential where bespoke solutions are provided by third parties - yet often overlooked until its too late.

WARNING !

Does your business rely on
bespoke software 
or
third party contractors ?

What happens if one of them simply "goes away ?"

Whether you are 
multinational corporation, small-medium enterprise (SME)
or independent contractor 
the 
Data Escrow Service 
protects your interests....l

Tel:  +44 (0)2380 760909

info@dataescrowservices.com

Southampton England