Secure Escrow

About Us

ShinhanBank Escrow Service’s team of Asia-experienced professionals provides independent trust, agency and escrow services to facilitate a range of transactions.

Secure Escrow

Secure Escrow

Optimum protection against high risks when investing in products and services that include software and firmware

Services

  • Sources and documentation are checked for completeness as per manifest

  • Media are tested for working order and readability

  • Current versions and bug fixes are requested from the vendor at intervals stipulated in the contract (update service)

  • The source code is compiled (translated into the executable program) using the manufacturer’s systems and tested for correct operation

  • The manufacturer’s development environment is documented in detail

  • The software manufacturer’s development processes, programming guidelines and

    system environment are audited and documented in detail

  • Selected code excerpts are evaluated for methodology, programming clarity and reusability by a neutral expert

  • The source code and documentation are securely deposited in two independent locations

High risk? Examples of criteria are:

  • The lack of support or bankruptcy of the manufacturer affects the liquidity of the company

  • The software controls business-critical, company-wide processes

  • The software is highly customized to meet specific requirements

  • The software constantly requires modifications and extensions

  • The investment value of the software only makes sense in the case of long-term, reliable use