The world of software escrow is a strange one, there are very few companies worldwide who provide a robust software escrow service and even fewer still who specialise in providing these vital if miss understood solutions. Software escrow agreements are really very simple; a tri-partite legal agreement is entered into by a software owner, a software licensee and a software escrow agent. The user enters into a license with the owner and the owner deposits a copy of the source code with the escrow agent to safeguard the users business continuity. The agreement contains very basic terms that ensure the licensee can continue to operate their business that relies on a particular piece of software should the software owner fail. It's really a very simple concept that is perhaps sometimes over complicated to justify a charging structure that suites the escrow agent rather than the software user and software owner.
Software escrow agreements should not cost the earth and should definitely not increase annually for what is basically a simple renewal of the agreement with no further work required.
There are a couple of companies operating globally who are starting to change the way software escrow agreements are used. They are providing total transparency and fixed pricing models for the life of any agreement as well as online account management, fixed code of ethics and dedicated account manager is your home country.
Total Escrow Solutions is one such company; with our head quarters in the UK we are beginning to change the way software escrow agreements are used. We are truly independent and have no commercial ties to software vendors or licensees, we pride ourselves on delivering the correct solution at a fair and reasonable price and will never increase our annual fees. We do not believe in mass telemarketing and strive to provide a tailored, bespoke solution to each of our clients.
If you pay more than a couple of hundred pounds per year for your escrow agreements then you should be talking to Total Escrow Solutions.
Orignal From: Software Escrow Options
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