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Interwoven's OTC Derivatives Solution enables firms to manage the operational risks involved in today’s fast-paced OTC financial markets. By improving speed and efficiency while maintaining control throughout the complex deal negotiation and execution lifecycle, this fully integrated, simple-to-use trading solution maximizes profitability while avoiding costly errors and delays. Complete auditability and support for company standards ensure full compliance with legal and industry requirements, and provide protection against litigation and other challenges.
Today’s booming global financial markets offer vast new opportunities for traders—if they can overcome the challenges presented by this increased trading volume, including:
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Generating and tracking documentation for large numbers of highly complex, varied financial products |
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Achieving faster time-to-trade to fully capitalize on lucrative market opportunities |
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Overcoming the poor scalability and reliability of the outdated technologies and manual processes commonly used to settle complex trades |
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Eliminating operational risk from manual processing errors, deviation from firm guidelines, and the inability to effectively track outstanding confirmations |
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Assuring full compliance with regulatory requirements for the auditability of trading operations |
Interwoven’s OTC Derivatives Solution provides end-to-end document automation for the straight-through-processing of financial instruments to help leading global dealers and investment managers drive complex, document-centric trading operations from inception to clearance.
With Interwoven’s OTC Derivatives Solution, organizations can leverage a fully customizable platform to enable straight-through-processing for financial instruments and keep pace with high volumes of time-sensitive transactions and data-intensive documentation. Developed by traders, for traders, Interwoven’s OTC Derivatives Solution drives complex, document-centric trading including automated document generation, transaction confirmation, long-term condition tracking and more—through a platform that’s simple enough for financial professionals to use every day without technical assistance.
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Reduce risk by eliminating manual errors and ensuring that documents are tracked, routed, and stored electronically |
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Automate and accelerate all parts of the trade confirmation process for maximum operational efficiency |
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Capture a full audit and reporting trail for regulatory compliance and litigation and eDiscovery support |
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Reduce transaction volume sensitivity by providing straight-through-processing (STP) for confirmation across multiple financial instruments |
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Ensure full conformity with trading policies and negotiating guidelines |
Automated Document Generation: Through dynamic templates, data feeds can be taken from external sources, enhanced and modified by a controlled group of users, and transformed into a final, client-ready document quickly and efficiently. Additionally, bar-coding functionality aids in tracking and trade verification. Agreement and confirmation documentation can be generated automatically for many types of transaction events, including Swaps & Derivatives, Master Agreements, and Credit Requests—lowering costs while assuring that each document follows the bank’s rules for instruments and counterparties.
Document Management: Structured storage with automatic indexing, version control, and flexible search criteria help users access legal agreements, payments, reset notifications, and other vital information records. Documents of all types, written or electronic, can be viewed via secure Web browser from any location for anytime, anywhere productivity. Users can also quickly locate any document in the workflow process at any given time.
Business Process Management: Governs the trading process from inception to clearance with automated workflow that can be customized easily to support proprietary business processes and practices. External parties can be brought into the same seamless workflow as internal personnel, and business rules can be embedded in the negotiation process to reduce the change of negotiating points that are outside bank’s guidelines. Key monitoring and compliance tasks such as receipt generation, document routing and status report generation are automated, and every action is automatically captured in a complete audit trail.
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