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New breed SaaS escrow with UNIT4 and NGD

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Legal Escrow and Arbitration Services Limited (LE&AS) has announced that it has been selected by global cloud-focused business software group UNIT4 to arrange a SaaS escrow agreement with Next Generation Data (NGD).

The agreement is part of a strategy to provide the most secure solution for the customer, both technically and commercially.

The introduction of AccessAssure, SaaS escrow agreements, has been prompted by the recent failure of 2e2. Cloud vendors, SaaS users and hosting companies are now reconsidering the security of critical data.

Nick Razey, CEO, Next Generation Data Ltd says “AccessAssure enhances our already comprehensive DR provision, ensuring total protection and assurance when hosting Customer’s business critical data.”

Darren Hunt, UK Sales & Marketing Director, UNIT4 Business Software Ltd added “AccessAssure gives UNIT4 Customers an affordable and enhanced level of data security, breaking down the barriers to SaaS/Cloud based services.”

AccessAssure is a recognition that software services are rapidly changing. Traditional escrow agreements no longer provide the assurances and level of cover that SaaS users need. It is specifically designed to protect the end user of cloud services and ensures critical user data is available, regardless of the status of the hosting company or cloud vendor.

An AccessAssure-SaaS escrow agreement provides active continuous monitoring, with built-in risk management and disaster escalation; it gives customers a cast-iron protection guarantee and secures customers’ access to business critical data.

About LE&AS

Legal Escrow and Arbitration Services Limited (LE&AS) is the second largest escrow provider in the UK. We provide software contract negotiations and legal expertise for over 200 local and central government organisations, as well as FTSE 100 companies. With over 20 years of experience providing escrow, LE&AS has now pioneered a new breed of escrow agreement, SaaS escrow, specifically designed to give SaaS users piece of mind.

For additional information, please contact-

Jim Mills, Commercial Director LE&AS
Tel: 0800 456 1115
jim.mills@leaas.co.uk

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