Wednesday, April 4, 2007

escrow solutions

Organisations are increasingly dependent on crucial assets which they do not own or control - such as the software behind business-critical functions, managed internally or through an outsourcer, or industrial product designs supplied by a third-party.

Escrow is a straightforward process where an independent provider holds a copy of these assets, with the supplier's agreement, on the end user's behalf under an Escrow Solution. This ensures that if the supplier's business fails or they do not maintain their contractual obligations, the material can be accessed and released to the user quickly and legally, leaving them free to carry on without disruption.

NCC Group protects over 13,500 clients worldwide with the most comprehensive Escrow Solutions available. Our clients include both end-users and suppliers, who use Escrow Solutions to reassure their customers of their stability and commitment to best practice.

Each client is allocated a dedicated account manager who guides them through the Escrow process from advising them on the most appropriate Escrow Solution for their needs to ensuring the necessary paperwork is completed correctly.

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