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NCC Group launches ‘Escrow Live’ customer portal

09 Jan 2007

NCC Group, the leading independent provider of escrow solutions, has launched a secure web portal ‘Escrow Live’ which will allow its global escrow client base to manage their accounts online. The Group’s escrow solutions involve it holding the source code of business-critical software applications on the behalf of the licensee with the software vendor's agreement, ensuring the end user’s business continuity by ensuring it could access and use it in the event of supplier failure.

As well as querying existing agreements and changing contact details, clients will be able to deposit source code securely through the portal, making the regular deposit of updated versions easier and saving both the cost and hassle involved with using the postal system or couriers.

Security and performance were of paramount importance when developing the portal due to the size of the files which will be uploaded and the huge commercial implications of unauthorized access to proprietary source code. The Group was at a clear advantage here as it was able to draw on the extensive experience of its security (in particular penetration testing) and performance testing teams which were closely involved in the specification, development and rigorous testing of the portal.

Although the portal will be available to all clients, each client will continue to have a dedicated account manager to guide them through the escrow process, from advising them on the most appropriate solution for their needs to ensuring the necessary paperwork is completed correctly.

Jon Leigh, Director of Escrow Solutions comments “We are pleased to be able to offer clients this additional account management channel. Although over 14,000 beneficiaries are already protected under NCC Group’s escrow solutions, the majority of organizations are still failing to protect all of their business-critical applications, seriously risking their business continuity. We hope that by continually improving our escrow services we will encourage clients to increase their escrow cover in order to fully protect their businesses.”

Developments are currently underway which will in future allow clients to set up new escrow solutions through the portal.

Click here to access the secure portal.

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