Every employee at HanseEscrow is a technology escrow expert whose main focus is on customer-oriented communication when designing contracts, receiving material for deposit and monitoring the depot.
Buyers and users of software, machines, ATMs, real estate etc. require security for their investments and continuity in product use, especially in business-critical segments.
The more critical a process is to your business, the more important it is to protect that process from outages.
Clear contractual provisions protect the know-how of the supplier while at the same time providing investment security for the customer.
In the case of machine plans and construction data, special attention should be paid to drawings and the configuration of the individual components.
HanseEscrow was selected by Microsoft as one of the featured escrow companies for the Certified for Microsoft Dynamics Program.
Systems for energy production have to be able to be maintained for decades.
The manufacturer is required to provide updates and bug fixes at regular intervals as stipulated in the contract.
The software development process, programming guidelines and system environment are audited at the software manufacturer's facility.
Our products Elementary Escrow and Basic Escrow are suitable for protecting against investment risks in products and services that are knowledge based.
Data from developers is stored in trust as evidence of who created it.
Data brought into the company by one share holder is securely held in trust.
"The thorough audit done by HanseEscrow was quickly felt to be a gain rather than a burden. ... Now, the annual escrow audit has become an integral part of how we optimize our processes."
Dipl.-Ing. J. Berg, AWEK C-POS GmbH
The source code is compiled (translated into the executable program) using the manufacturer’s systems and tested for correct operation.
Goods and currency transactions are business-critical and time-sensitive processes.
For products and services that include software and firmware, we offer more comprehensive testing in our Standard Escrow and Secure Escrow packages.
If the manufacturer or supplier goes out of business, you may not be able to continue using the product. A risk you can reduce by using escrow services.
This is the service-oriented alternative to depositing data with a Notary Public or other professional.
Under specific conditions, it is necessary for the licensee to be able to view construction plans as well as technical development documentation in order to ensure continuity.
Legal regulations require certain professions to protect sensitive data from unauthorized access and yet have it available at all times.
The audit of the manufacturer's software development process identifies risks which endanger further use of the source code.
Development data is stored as collateral for outside investors financing a project.
Investments involve risks. In view of numerous manufacturers declaring bankruptcy, the fear of sudden support discontinuation has increased and the demand for security has grown significantly. The long-term reliability of a product is now one of the most important purchasing criteria. Technology escrow contracts help both users and manufacturers by providing assurance so that customers can buy with confidence.
Buyers and users of software, machines, ATMs, real estate etc. require security for their investments and continuity in product use, especially in business-critical segments. Escrow technology, i.e., depositing data that is crucial for maintaining a product, provides exactly that. At the same time, escrow protects the manufacturer’s trade secrets and the probability of closing the deal increases.
Escrow services are comprised of legal and technical processes. The contract regulates the transfer of the access rights. The proper deposit of escrow material and the technical verification thereof ensure that the material will be useful at a later date.
When a business-critical product or service is being chosen, the functionality required of the product should be the focus. Financial or project-related concerns can be reduced with the help of risk management tools. Escrow is one such tool.
