Leading Financial Services Companies Worldwide Rely on Interwoven ECM Solutions to Improve Processes, Streamline Compliance, and Reduce Costs

LONDON, England - Interwoven GearUp '05 Europe ECM Solutions Conference - October 19, 2005 - Interwoven, Inc. (Nasdaq: IWOV), provider of Enterprise Content Management (ECM) solutions for business, today announced that it continues to extend its ECM solution leadership in the financial services industry, as leading companies worldwide adopt Interwoven ECM solutions including: Deal Management, OTC Derivatives Trading Automation, Web Content Management, Intranet Management, Extranet Management, and Content Provisioning. Interwoven is enabling financial services companies to improve efficiencies, streamline compliance-related processes, and reduce costs enterprise-wide.

World-class financial services companies across the globe that currently rely on Interwoven ECM solutions include: Visa International; Mastercard International; Lloyds TSB Bank; Deutsche Bank; Barclays Global; ABN Amro; Xchanging; Commerzbank in Europe; Banco Populare di Milano; Friends Provident in the UK; Swiss Life; Capital One; Bear Stearns; Credit Suisse First Boston; HSBC; Russell Investment Group; Washington Mutual; Rothschild; Allstate; Aon; Allianz; Farmers; Principal; and many others.

According to the TowerGroup, a leading financial services industry analyst firm, companies in the financial services market are increasingly turning to deep industry-specific solutions to streamline key content management processes: "Financial services institutions today are looking for more robust third-party applications from vendors that they can put in place immediately to close deals faster, improve customer communication, increase customer loyalty, and reduce many of the costs associated with their administrative and paper-based processes," said Gavin Little-Gill, director, TowerGroup. "Leading Content Management companies are building deep financial services industry domain expertise to solve business process challenges that are unique to each segment of the financial services industry."

Global Financial Services Customer Success

Interwoven financial services customers worldwide are benefiting from the company's industry-specific ECM solutions.

Intranet and Extranet Management - Russell Investment Group
Interwoven financial services customers are leveraging the company's ECM solutions to more effectively communicate with sales teams and channel partners. For example, Russell Investment Group, a leading international provider of investment products and financial services, is leveraging Interwoven to quickly and easily create and manage both intranet and extranet sites, ensuring that partners have access to the most relevant and timely information for more effective selling.

"Interwoven is addressing a real challenge that marketing executives across industries are currently wrestling with-getting the most accurate and up-to-date information out into the field as quickly and cost-effectively as possible," said Karl Porter, manager of business application solutions, Russell Investment Group. "At Russell, we leverage Interwoven to rapidly and cost-effectively roll-out new intranet and extranet sites to better arm our investment advisors and channel partners. With its targeted intranet and extranet solutions, Interwoven is well positioned to truly enable companies to achieve the high level of sales optimization they've been looking for."

OTC Derivatives Trading Automation-Commerzbank:
Leading financial services institutions such as Commerzbank in Europe are improving business process efficiencies and streamlining compliance with Interwoven solutions. Faced with a heightened industry focus on compliance and risk reduction, Commerzbank is using the Interwoven OTC Derivatives solution to streamline the complex and time-consuming OTC derivatives trading process.

"Commerzbank is dedicated to delivering straight-through-processing throughout its operations, and this particular initiative is in line with the International Swaps and Derivatives Association's 'Strategic Plan' for the industry to control operational risk, given the rise in popularity of these instruments," said Stephen Andress, global head of OTC derivatives operations, Commerzbank. "Following the implementation of Scrittura-now the Interwoven OTC Derivatives solution-Commerzbank is beginning to reap the benefits of increased efficiency and risk reduction in equity derivatives processing."

The following Interwoven solutions are the most widely adopted today by financial services companies across the globe:

Deal Management-The Interwoven Deal Management solution is a collaborative application, based on the company's award-winning document management technology, to manage proposals, contracts, negotiations, deal processes, and all forms of communications, including e-mail, to keep extended functional teams on the same page around an account, ultimately decreasing deal closing times.

OTC Derivatives Trading Automation-Interwoven is the first ECM vendor to offer a complete solution for the automation of over-the-counter (OTC) derivatives trading. As a result, financial services customers can more quickly and easily conduct complex non-exchange based trades with other financial institutions, reducing costs and increasing process efficiencies.

Web Content Management-The Interwoven Web Content Management solution enables financial services companies to: empower business users with distributed Web contribution capabilities; ensure brand consistency and control across all Web-based initiatives; and comply with corporate governance standards by keeping auditable records of all Web sites throughout time.

Intranet Management-The Interwoven Intranet solution provides a complete intranet foundation-including a reference intranet site, pre-built site components, and best practices-that enables financial services companies to realize rapid implementations and accelerated time to value with minimal upfront investment from IT.

Extranet Management-The Interwoven Extranet solution empowers financial services companies to expand revenue channels and reduce partner support costs by enabling business users to easily build and roll out extranets, while providing IT with the tools to maintain a high degree of control and security.

Content Provisioning-The Interwoven Content Provisioning solution standardizes the way code and content changes are aggregated, synchronized and deployed throughout testing, staging and production environments. By streamlining this previously resource-intensive process, the Interwoven solution is helping financial services companies' IT Operations departments to slash provisioning costs by an average of 40 percent, bring new revenue-generating applications to market more quickly, and meet specific Sarbanes-Oxley and IT Infrastructure Library (ITIL) compliance requirements.

"Financial services has historically been a very strong vertical industry for Interwoven, and we're thrilled that so many leading companies across the globe continue to adopt our solutions to solve their most pressing business process challenges," said Miles Kelly, senior director, product marketing, Interwoven. "Interwoven is focused on bringing to market deep content-centric solutions, and as our financial services customer base continues to expand, we'll continue to deliver new and innovative solutions to address their content management needs."

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