Software Escrow Solutions to Support Financial Regulations

Financial services organizations rely on third-party technology providers to manage costs and drive efficiency, but IT outsourcing introduces risks. Regulators in the U.S. and Canada, including the OCC, Federal Reserve, FFIEC, SEC, and OSFI, are tightening compliance requirements around third-party risk management, business continuity, and exit planning.

This guide explores how software escrow solutions help financial institutions meet these obligations. Topics include:

• Definitions of escrow and continuity requirements
• Escrow agreements for access to source code
• Verification testing for continuity and exit strategies

Read the guide to learn more.