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Interwoven Preps Messaging Platform

SUNNYVALE, CALIF.—Interwoven, a provider of enterprise content management solutions, is set to launch a peer-to-peer post-trade processing solution for over-the-counter (OTC) derivatives in the next few weeks, DWT has learned.

The new XML-based platform, dubbed Scrittura Peer 2 Peer, provides a transport- and messaging protocol-neutral bi-lateral connection between counterparties and seeks to address the dearth of messaging solutions for the OTC derivatives market, says Srikant Sharma, senior

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Risk mitigation in round-the-clock trading

Tied closely with shortened settlement times, overnight trading poses operational and technical risks, writes Sergey Samushin, head of exchange solutions at Devexperts, in this guest column.

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