Stronger Oversight and Cost Savings for Tick 42

Sector: Technology and Software

Service: Software Escrow

The challenge

Problem

Initial Escrow Provider Unable to Meet Client Requirements

Tick42 were looking for a Software Escrow partner to proactively strengthen their clients’ business continuity procedures. Although they first explored options with another provider, they ultimately selected SES as their preferred partner due to our streamlined contract process and cost‑effective, client‑focused solutions.

What we did

Solution

A Multi Licensee Software Escrow Agreement

SES implemented a Multi Licensee Software Escrow agreement that enables an unlimited number of Tick42 clients to be added as beneficiaries through a simple, streamlined registration process. This structure removes the need for multiple individual escrow agreements, cutting cost and complexity while giving Tick42 a scalable, future‑proof way to extend continuity assurances across their entire client base.

The result

Outcome

Stronger Oversight, Cost Savings, and Less Administrative Effort

Tick42 can now offer their clients robust and reliable Software Escrow assurances. Consolidating everything under a single agreement gives them stronger oversight, meaningful cost savings, and far less administrative effort. Overall, this facilitates a cleaner, more efficient model for long‑term continuity.

Service used: Software Escrow

Client testimonial

"A simple and effective solution to add multiple clients."