Software Escrow Verification tests the source code and material held under the Software Escrow Agreement to ensure it is correct, complete, and can be rebuilt into the working application, providing a higher level of resilience and business continuity assurance.
Software Escrow Verification guarantees the availability of the knowledge and guidance required to rebuild further, maintain, and develop the software.
Software Escrow Verification supports compliance with regulatory requirements to test business continuity and exit plans for critical third-party software.
Software Escrow Verification diminishes IT supply chain disruption risk by certifying that business continuity plans are executed with minimal disruption or downtime.
ESCROW VERIFICATION OPTIONS
This is the minimum level of verification recommended by Escode for business-critical third-party software applications.
Independent Build Verification
Recommended for licensees that plan to contract with an alternative developer to rebuild and maintain the application in the event of supplier failure.
User Assured
Verification
Recommended for licensees that plan to use internal resources to rebuild and maintain the software in-house in the event of supplier failure.
Following a Deposit Review Escode will conduct a SAST exercise to identify any security, privacy or quality defects within the software source code Escrow deposit.
Recommended for licensees that would require cloud environment access credentials in the event of supplier failure.
Recommended for licensees that would require access to a fully replicated and separately hosted instance of the cloud environment in the event of supplier failure.
One of our expert in-house Software Escrow Verification Consultants will work alongside the software supplier, either in person or virtually, to observe and capture evidence of the end-to-end process of rebuilding the software code into a working application. This is done either at the supplier’s site, within Escode’s environment or the software customer’s on-site IT infrastructure – this is dependent on the chosen level of verification.
Our Verification Consultant will document their findings in an ISO9001 standard report. This includes precise details of all tasks and information gathered, checks made, results of those checks, and any additional findings/ recommendations. The report will also detail any credentials, information, or materials identified during the exercise so that it can be used as a step-by-step build guide by the software customer in a release event.
Escode will issue a copy of the Software Escrow Verification report to all parties for comment. Once approved, we will deposit this into Escrow along with other associated materials. We offer the flexibility to deposit within a physical or virtual vault located within our secure Cloud environment, which is monitored 24/7 by our industry-leading Security Operations Centre to ensure the highest level of security is maintained at all times.
We provide adaptable Escrow agreements designed to suit your business requirements. Choose from Cloud or on-premises solutions, available in 17 jurisdictions.
Experience effortless integration, automated depositing and manage your Escrow solutions anytime, anywhere with View.
Market-leading security with 24/7 surveillance, secure physical and virtual vaults, and SOC2 monitoring.
Our dedicated in-house technical, legal and customer support teams are committed to providing support and guidance.
As your business expands, we stand ready to support your growth through ongoing product reviews and strategic vendor partnerships.
In an era where businesses heavily rely on technology, safeguarding intellectual property becomes a critical priority. This guide explores the role of software escrow and verification services in securing your company’s assets, detailing essential steps, items to be placed in escrow, and emphasizing the importance of a robust verification process.
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