From retail banking to capital markets, financial firms are under pressure to modernise while meeting ever-tightening regulatory requirements. Software escrow and verification services help you maintain continuity of critical systems, meet regulatory requirements such as DORA and PRA SS2/21, and reduce risk across your software supply chain.
Support SS2/21, DORA, and FFIEC third-party risk and resilience mandates with documented, testable continuity plans.
Ensure access to critical software during supplier failure or disruption — keeping customer-facing services running.
Verify supplier resilience and retain long-term access to source code, even in complex cloud or fintech integrations.
Financial institutions face a dual mandate: harness the potential of new technologies while ensuring uninterrupted delivery of core services. Software escrow solutions are now central to meeting that challenge.
Regulators like the PRA (via SS2/21), FFIEC, and EU lawmakers (through DORA) demand that firms go beyond awareness of third-party risk. They must be able to demonstrate that they can continue operating, regardless of whether a key vendor fails or disappears.
Software escrow agreements give you the legal right and practical means to access and use a supplier’s source code and documentation if they are no longer able to support it. Our verification services go further by confirming the completeness and usability of that deposit. We do that through build tests, functionality checks, and scenario-based simulations.
From core banking and payments to trading platforms and fintech integrations, our solutions embed resilience across your ecosystem. And because we operate globally, we understand the nuance of managing compliance across the UK, EU, and US frameworks.
“Being proactive and placing security and resilience at the start of any development means that we can confidently explore ideas and push boundaries, safe in the knowledge that we are managing any risk associated with our software supply chain responsibly”.
Andy Ellis
Head of NatWest Ventures
Is your firm regulated by the PRA? Learn how Software Escrow enables compliance with SS2/21 outsourcing & third-party risk management.
PRA SS2/21 compliance guideThis guide outlines requirements published by the EBA, PRA, DORA, BaFin, and FINMA regarding outsourcing critical IT services.
EU compliance guideThis guide outlines the requirements published by the FFIEC, Federal Reserve, OCC, and FINRA regarding outsourcing critical IT services.
US compliance guideSpeak with our compliance specialists about building resilience into every layer of your software supply chain, or book a demo to explore the Escode platform today.
