Business Continuity, the Fintech landslide, and how Escrow can offer a sound foundation
Trust in knowledge, competence and sustainability of Business is Business Critical to the purchasers and the suppliers of technology. So too in the disruptive Fintech world. A thorough and sound Business Continuity Policy is essential, and often mandatory. The easiest, cleanest, and often cheapest solution, is an Escrow arrangement.
The Fintech landslide is continuing to gain steam.
After decades of thorough steadfastness, in which banks were often perceived as a more solid institutional construction than many a Polity, the entire financial landscape is being irrevocably re-drawn.
The end of this sectorial tectonic movement is not yet in sight, which means that the landscapes ..
Business Continuity, Intellectual property and how Escrow can settle both
As software development is Business Critical to both the supplier and the user of said software, a Business Continuity settlement is necessary (and in some cases mandatory). The easiest, and often cheapest, solution, is an Escrow Arrangement.
With the rise of Business Continuity concerns among Software Users, Software Suppliers need to consider the implications thereof on their own IP and Business Continuity.
They need to find a balance between their property rights and continuity concerns, and those of their clients.
Software Escrow Services with an Escrow Agent helps achieve this ba..
Technology users often find themselves in a situation of full dependency on the continued service of a single supplier. Business Continuity
Planning becomes essential to protect the Technologies used.
Escrow is a vital part of any solid Technology BC plan.
As a user of technology, your company finds itself in a position of dependency towards the supplier of that technology.
For most situations, this is perfectly fine. It may upset your employees that the coffee machine shorts out, and that the company making these machines has gone out of business or discontinued that line of machines years ago, bu..