The purpose of software escrow is to minimize risks connected with the development and maintenance of information systems. The service is based on safe custody of application source code with an independent escrow agent under a conditional three-party agreement between the user, the software producer and the escrow agent. When the agreed conditions are met, such as supplier termination or SLA breach, the escrow agent may release the source code to the user so software maintenance and development can continue with another partner.
Store your data with us and define under what conditions, and to whom, it should be released. Our unique custody system creates a digital audit trail, records the existence and content of data over time, and authenticates and authorizes the party entitled to manage it. For developers, we can store GIT-supported repositories, full development environment mirrors, documentation, database models, deployment scripts and related materials. Contact us and we will design the right custody setup for your products.
Store any digital materials with us. In addition to traditional source code escrow, our custody service is well suited for implementation documentation for construction and engineering projects that contain intellectual property and are not handed over to the customer. It can also cover production plans, design materials and technical documentation that later make product modifications much easier.
Store data files containing copyrighted works, including music, marketing images and videos, authored texts, scientific papers and more.
Store digital contract attachments, current versions of published business or purchasing terms, scientific papers and grant materials.
We can also provide professional services, digital content audits and source code validity checks.
The purpose of software escrow is to minimize risks connected with the development and maintenance of information systems. The service is based on safe custody of application source code with an independent escrow agent under a conditional three-party agreement between the user, the software producer and the escrow agent. When the agreed conditions are met, such as supplier termination or SLA breach, the escrow agent may release the source code to the user so software maintenance and development can continue with another partner.
Customers often ask software vendors to release source code in order to secure continuity of operation and future development of an information system. A traditional solution is notarial or attorney custody. These services are often costly, risky in terms of handling source code and inflexible because they require regular physical manipulation of media such as CDs or flash drives. Due to limited reliability and media lifespan, they may not always fulfil their purpose. In these situations, contracts can be refused either by the vendor, who fears know-how disclosure, or by the customer, who faces additional custody costs.
Our offer is based on a three-party software escrow agreement between the software producer, the user and Packagestream s.r.o., usually requested by the software user. Source code is released only when the conditions defined in the agreement are met, for example bankruptcy of the producer, termination by the producer or failure to meet SLA obligations.
The uniqueness of our solution lies in a fully electronic custody process, simple escrow administration and clear work with beneficiaries. Strong encryption, data archiving and authentication standards are used in line with current legislation.
