Message-ID: <25578542.1075854415710.JavaMail.evans@thyme> Date: Fri, 9 Feb 2001 02:37:00 -0800 (PST) From: darron.giron@enron.com To: larry.hunter@enron.com, ellen.wallumrod@enron.com Subject: Re: Audit Request procedure Cc: patrick.ryder@enron.com Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Bcc: patrick.ryder@enron.com X-From: Darron C Giron X-To: Larry Joe Hunter, Ellen Wallumrod X-cc: Patrick Ryder X-bcc: X-Folder: \Darron_Giron_Jun2001\Notes Folders\'sent mail X-Origin: Giron-D X-FileName: dgiron.nsf Joe, Call Pat Ryder for West desk requests. DG From: Larry Joe Hunter 02/08/2001 06:27 PM To: Ellen Wallumrod/NA/Enron@ENRON, Jeffrey C Gossett/HOU/ECT@ECT, Kam Keiser/HOU/ECT@ECT, Phillip M Love/HOU/ECT@ECT, Darron C Giron/HOU/ECT@ECT, Errol McLaughlin/Corp/Enron@ENRON, David Baumbach/HOU/ECT@ECT cc: Subject: Audit Request procedure Jeff, Thanks for the lead with Avril Forster, it looks like that will help us in the near future. Until we can get EnTelligence built to our specifications, we'll need to continue to go to the different desks to provide Mark-to-Market valuations for a Counterparty's portfolio. Desk heads, Can you provide to Ellen and myself the names of the person on your desk who we should go to with these requests. Also, please let these persons know that we will be coming to them often with these requests (we recieve several per week). Here's the background of these requests. Because of various accounting rules, Parties dealing in Derivatives must show third party valuations to their Auditors. Our group (Confirmations) is responsible for providing MTM values and open position reports for these parties. We do not have access to any system that values these deals, but are looking to get the on-line "EnTelligence" built so that it carries back-dated curves that will allow us to complete these requests without taking up a Risk person's time and without having to black out information (Delta/Vol) that is included in a mini-book. Thanks for the help. We'll try to get these off of your plates as soon as possible. Joe