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Thursday, September 8, 2005
10:00 AM PDT / 12:00 Noon CDT / 1:00 PM EDT

Interwoven recently announced the expansion of its Financial Services solution portfolio via the acquisition of Scrittura, the leading provider of document automation technology and straight-through-processing for the complex non-exchange based trading operations of financial services institutions. Designed to enable financial services customers to more quickly and easily conduct complex non-exchange based trades with other financial institutions, the new Interwoven OTC Derivatives solution will provide complete functionality including: business process management; document management; records management; fax and paper capture; and messaging brokering. As a result, financial services customers are expected to be able to reduce the amount of time it takes them to complete a trade from days and weeks, to hours or even minutes.

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