Third-party risk management is the strategic process of identifying, analysing, and controlling risks that arise from your organization’s relationships with vendors, suppliers, and external partners. Companies increasingly rely on third-party software and services, making effective risk management crucial for long-term success. When critical operations depend on external vendors and their software, businesses need robust protective measures.
At Escode, we transform this challenge into an opportunity. Our software escrow agreements and software escrow verification solutions mitigate vendor risks and protect your business-critical applications while supporting healthy vendor relationships.
We secure your access to source code and vital software components, ensuring business continuity regardless of vendor circumstances. This means you can confidently expand your vendor relationships while maintaining complete control of your mission-critical systems.
“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
A robust third-party risk management strategy helps organisations stay in control of the software they depend on. It reduces uncertainty, improves vendor relationships, and strengthens resilience across the digital supply chain.
Improves resilience by identifying and addressing software vendor risks before they impact operations.
Protects business continuity by securing access to critical software assets, even if a vendor fails.
Safeguards reputation by reducing the chance of disruptions, security incidents, or compliance breaches linked to third-party software.
Supports better vendor selection with structured evaluation and onboarding processes.
Maintains independence by ensuring access to source code and technical documentation when needed.
Speeds up recovery from vendor issues with pre-agreed contingency plans and escrow arrangements.
Demonstrates compliance with regulatory frameworks focused on operational risk and third-party oversight.
Builds stakeholder confidence by showing proactive control over critical software dependencies.
Protect your business from vendor-related disruptions through secure source code access. Software escrow provides a reliable fallback mechanism during vendor evaluations and throughout relationship lifecycles. Throughout the relationship, it serves as a reliable backup plan, protecting your operations from potential vendor disruptions, acquisition changes, or support issues.
Strong vendor relationships start with clear agreements. Software escrow adds an essential layer of protection to your software licensing agreements by defining specific conditions and automatic responses to vendor-related incidents. This includes scenarios like service level breaches, support discontinuation, or vendor business changes.
Don't let vendor issues interrupt your business. Software escrow plays a vital role in your business continuity planning by securing more than just source code. You get access to build instructions, documentation, and everything needed to maintain or transition critical systems. This comprehensive protection ensures your business can recover quickly from any vendor-related disruption.
Meet industry standards and regulatory requirements with confidence. Software escrow helps demonstrate your commitment to risk management by providing clear evidence of vendor risk controls. Whether you're meeting DORA operational resilience requirements, PRA SS2/21 outsourcing standards, or ISO27001's security controls, our solution delivers the documentation and assurance regulators expect.
Join 14,000 customers in 135+ countries
If a vendor fails, you can take control. A Software Escrow Agreement guarantees access to the source code, data, and materials behind critical applications, enabling rapid recovery and business continuity. Learn more.
Having a continuity plan isn’t enough, you need to know it works. Software Escrow Verification enables you to test your plan and provides documentation for demonstrating compliance, audits, and training. Learn more.
If your vendor goes down, you don’t have to. SaaS Escrow secures code, data, configurations, credentials, and environments, so you have what you need to restore your application with minimal downtime. Learn more.
Book a call to learn how Software Escrow supports third-party risk management.
