Escrow Europe - is a trusted third party that safeguards the continuity of your business. The organisation was founded as an independent and neutral escrow agency in Amsterdam in 1989. Escrow means "security in the hands of third parties." As a neutral and independent third party, Escrow Europe guards business-critical intellectual property such as software source code, primarily, but also important databases, industrial designs and specifications. Our escrow arrangements provide assurance for our clients against reputational and commercial losses that would be measured in millions of Euro, Dollars, Sterling and/or Rands.

To stay in business, all commercial and governmental institutions are often entirely dependent on software over which they have limited or no control - without an escrow agreement they will very seldom have access to the source code of the product – a major problem that otherwise could present itself only once it is too late to take action. The question Directors and Officers need to consider in respect of ICT Operational Risk is "What are our annual revenues that are dependent on technology platforms over which we have limited or no control" and this provides the imperative for the practice of active source code escrow in underwriting technology dependent risk.

The active escrow arrangement provides that, under specific conditions agreed in advance - such as supplier acquisition, bankruptcy etc - Escrow Europe is authorised to release the material on deposit to the beneficiary concerned. Thanks to the escrow agreement, the beneficiaries are given security and continuity whilst, at the same time, the suppliers are able to retain their intellectual property rights.

In addition to our headquarters and offices in Amsterdam, we have a network of operations in Brussels, Cape Town, Munich, Stockholm, Tel Aviv and Zug (Switzerland). In order to provide a wider service to certain of our multinational clients, we work together with other reputable escrow agents in Great Britain, France and the United States.

In South Africa, our clients include the largest banks, industrial firms, government agencies, software firms and venture capitalists as well as smaller software houses who need our services in order to qualify to do business with local and international corporate entities.

Escrow Europe (Pty) Ltd is a BEE certified South African company in which Amsterdam based Escrow Europe BV, a wholly owned subsidiary of NCC Group Ltd, has a 25% interest.

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Escrow Europe - is a trusted third party that safeguards the continuity of your business. The organisation was founded as an independent and neutral escrow agency in Amsterdam in 1989. Escrow means "security in the hands of third parties." As a neutral and independent third party, Escrow Europe guards business-critical intellectual property such as software source code, primarily, but also important databases, industrial designs and specifications. Our escrow arrangements provide assurance for our clients against reputational and commercial losses that would be measured in millions of Euro, Dollars, Sterling and/or Rands.

To stay in business, all commercial and governmental institutions are often entirely dependent on software over which they have limited or no control - without an escrow agreement they will very seldom have access to the source code of the product – a major problem that otherwise could present itself only once it is too late to take action. The question Directors and Officers need to consider in respect of ICT Operational Risk is "What are our annual revenues that are dependent on technology platforms over which we have limited or no control" and this provides the imperative for the practice of active source code escrow in underwriting technology dependent risk.

The active escrow arrangement provides that, under specific conditions agreed in advance - such as supplier acquisition, bankruptcy etc - Escrow Europe is authorised to release the material on deposit to the beneficiary concerned. Thanks to the escrow agreement, the beneficiaries are given security and continuity whilst, at the same time, the suppliers are able to retain their intellectual property rights.

In addition to our headquarters and offices in Amsterdam, we have a network of operations in Brussels, Cape Town, Munich, Stockholm, Tel Aviv and Zug (Switzerland). In order to provide a wider service to certain of our multinational clients, we work together with other reputable escrow agents in Great Britain, France and the United States.

In South Africa, our clients include the largest banks, industrial firms, government agencies, software firms and venture capitalists as well as smaller software houses who need our services in order to qualify to do business with local and international corporate entities.

Escrow Europe (Pty) Ltd is a BEE certified South African company in which Amsterdam based Escrow Europe BV, a wholly owned subsidiary of NCC Group Ltd, has a 25% interest.

read more...