Escrow is used extensively for business continuity risk protection. About 70% of all software license contracts will have an escrow requirement. Intellectual property is fundamental to most businesses and escrow is used for a variety of assets not just software source code.

 

WHEN IT MATTERS 

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Most enterprises have established risk management programs. Source code escrow is a common practice in software purchases especially when the supplier is a smaller business.

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Over time enterprises implement a significant number of source code escrows and keeping track of the condition of of the source code and its viability is a big problem. 

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Better tracking of all escrow assets avoids wasting money on unviable or unnecessary escrows.

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Digital Asset Management for escrow brings clarity and visibility to source code holdings and intellectual property you provide to any escrow agent. A single code deposit can be applied to a group of agreements and beneficiaries. his saves you time and money while protecting your digital and intellectual assets.

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Some examples where source code and digital asset escrow may be required: