Change country

English

English

Dutch | English | French

Bulgarian | English

German | English

English

English

English

Dutch

English | French

Polisch

English

English

English

English

WorldEscrow N.V./S.A.
Your Business Continuity, our Service.

Online Support

Contact us

Worldescrow N.V.
Graaf van Egmontstraat 15 bus 1
2800 Mechelen
Belgium
Tel +32 (0)15 20 44 50

Flanders Bio

Level I Standard Verification (STV)

With over 15 years of experience in technology escrow, it is our experience time and again that approximately 75% of the escrow deposits do not - initially - meet the basic requirements. Deposits are illegible, incomplete, missing documentation or files contain viruses. If this type of deposit were to be released, they would most probably be useless.

As a provider of quality escrow services, we therefore require verification: every escrow deposit that we receive undergoes at least basic verification. The verification is part of every Escrow agreement and is carried out by our own Technical Department. The quality of the deposit can only be determined using verification. The objective of a Level I verification is to verify that the materials are present and legible in the form specified by the supplier on the Escrow Deposit Specification Form. A Level I features:

  • Verification of legibility (media read check, virus check etc.).
  • Verification of the presence of source code of the specified products/modules
  • Verification of the presence of user and technical documentation
  • Verification of the presence of development environments and third party materials Reports

The annual escrow fee includes the costs for one Level I verification per year. However, this type of verification does not offer any guarantee that the deposit is accurate and complete compared to the user's operational environment, nor is the usability of the source code verified. Naturally, additional detailed verifications (Level II or Level III) offer a higher degree of security.