Unlocking Resilience: Nathan Hopkins on Traditional & SaaS Escrow Solutions

Audio

Escrow - a Valuable Tool or a Box Ticking Exercise? | Third Party Therapy

In this episode of Third-Party Therapy, Mike Day sits down with Nathan Hopkins, Chief Revenue Officer at The Escrow Company, to explore the evolving world of software escrow. Nathan explains traditional source code escrow versus modern SaaS escrow, highlighting how these solutions protect businesses from third-party software failures.

Jun 23, 2025

Mike Day, Head of Third Party Management, MUFG Bank

Tags: Vendor and Third Party Risk

Escrow - a Valuable Tool or a Box Ticking Exercise? | Third Party Therapy

The views and opinions expressed in this content are those of the thought leader as an individual and are not attributed to CeFPro or any other organization

Escrow has long been a trusted tool in IT procurement for managing software risk, but with the rise of cloud-based SaaS models, its role is evolving rapidly. Join Nathan Hopkins, Chief Revenue Officer at The Escrow Company, as he breaks down the nuances between traditional source code escrow and innovative SaaS escrow solutions. This episode reveals how escrow helps organizations maintain continuity, especially in complex third-party environments where uptime is critical.

Nathan also dives into real-world applications of escrow in high-stakes industries like banking and government, sharing insights on how SaaS escrow can safeguard against provider insolvency, service disruptions, and regulatory pressures. If you’re a third-party professional aiming to strengthen operational resilience and vendor risk management, this conversation offers practical guidance and fresh perspectives.

Mike Day Bio

Mike is Head of TPRM at MUFG looking at developing and expanding the TPRM function across EMEA and linking up with counterparts in the US and Asia. Prior to MUFG Mike implemented the TPM framework at RSA Insurance in 2020, upgrading it for SS2/21 requirements in 2022 Mike has held senior IT Procurement and Third Party Risk roles across a number of sectors including roles at Zurich Insurance, EY, Morgan Stanley, Inmarsat, O2 and the NHS. He was the European lead for setting up the global Morgan Stanley TPRM function in 2009/10 Mike is also the host of the Third Party Therapy podcast which seeks to open up the TPRM conversation across industries and make it more accessible to everyone.