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Software Escrow for Financial Services

Meet regulatory demands, manage third-party risk, and stay operational.

Software Escrow for Finance Firms

 

Escrow Services for Financial Services  

From retail banking to capital markets, financial firms are under pressure to modernise while meeting ever-tightening regulatory requirements. Software escrow and verification services help you maintain continuity of critical systems, meet regulatory requirements such as DORA and SS2/21, and reduce risk across your software supply chain.

  

  

Benefits of Financial Services Software Escrow    

Strengthen Regulatory Compliance

Support SS2/21, DORA, and FFIEC third-party risk and resilience mandates with documented, testable continuity plans. 

Maintain Operational Continuity

Ensure access to critical software during supplier failure or disruption — keeping customer-facing services running. 

Reduce Third-Party Risk Exposure

Verify supplier resilience and retain long-term access to source code, even in complex cloud or fintech integrations. 

 

  

Learn more about Software Escrow

Financial institutions face a dual mandate: harness the potential of new technologies while ensuring uninterrupted delivery of core services. Software escrow solutions are now central to meeting that challenge. 

Regulators like the PRA (via SS2/21), FFIEC, and EU lawmakers (through DORA) demand that firms go beyond awareness of third-party risk. They must be able to demonstrate that they can continue operating, regardless of whether a key vendor fails or disappears. 

Software escrow agreements give you the legal right and practical means to access and use a supplier’s source code and documentation if they are no longer able to support it. Our verification services go further by confirming the completeness and usability of that deposit. We do that through build tests, functionality checks, and scenario-based simulations.

From core banking and payments to trading platforms and fintech integrations, our solutions embed resilience across your ecosystem. And because we operate globally, we understand the nuance of managing compliance across the UK, EU, and US frameworks.

As Andy Ellis, Head of Innovation and Ventures at NatWest, put it: “Being proactive and placing security and resilience at the start of any development means that we can confidently explore ideas and push boundaries, safe in the knowledge that we are managing any risk associated with our software supply chain responsibly”.

“Being proactive and placing security and resilience at the start of any development means that we can confidently explore ideas and push boundaries, safe in the knowledge that we are managing any risk associated with our software supply chain responsibly”.

Andy Ellis
Head of NatWest Ventures

 

 

IT outsourcing compliance guides

  

Speak to a Specialist in Financial Services  

Escrow and verification aren’t just risk mitigators, they’re compliance enablers and continuity drivers.  

Talk to our specialists about building resilience into every layer of your software supply chain, aligning with SS2/21, DORA, FFIEC, and more. 

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