Please find below the weekly status update for the GTV project and the attached file for the updated project timeline. Changes are underlined.


GTV status meeting attendees:  Zhiyong Wei, Russ Severson, Jeremy Wong, Francis Lim, Nayan Dattani, Dave Nommensen, George Grant, Bill Fortney.

Accomplishments:
?	Incorporating physical deal positions in TDS:
o	Changes for the view aggregation have been completed.
o	Expandable Total in Cash Position has been completed.
?	Single point of deal entry for term deals:
o	Released to production.
?	Gas Daily deals:
o	Revisions for changes to PortCalc application to create GDI calc in ERMS are in user test.
o	The development for the Curve shift reports has been completed.
o	Change CPR PortCalc to value outer month positions is in test.
?	Live feeds for Gas Daily/intra-month curves:
o	Released to production.
?	Saving different views in TDS:
o	Completed and is currently in test.
?	Capability for desk roll-ups on an ad hoc basis (phase 2):
o	New process for roll-up aggregators has been completed.
?	Option Grid (phase 2):
o	Released to production.
?	Gas Daily options (phase 2):
o	Released to production.
?	Basis Options (phase 2):
o	Development of deal entry type for Basis Options has been completed in TAGG.
o	Development of loading correlation curves has been completed.
?	Transport Deal Capture & Valuation (phase 2):
o	Creation of new deal entry type & database changes has been completed.

Plans for the week ending 7/6/01:
?	Continue IT development of Phase I items.
o	Fix Gas Daily option curve shift calculation in PortCalc.
o	Investigate proper ways of handling deal changes and deal re-valuation due to curve changes.
o	Migrate PortCalc changes and some of the TDS changes to production on Saturday, July 7th.
?	Continue IT development of Phase II issues.
o	Change PortCalc to value spread options.
o	Option reports (PL reports).
o	Change to TAGG/ERMS Translator for transport deal capture.

Issues:
None

Notes
?	We are planning to release changes to PortCalc and some of TDS applications this weekend, to facilitate further testing of Cash Position in TDS Position Manager.
?	The issue with curve shift calculation of Gas Daily options has been resolved. A new option library function will be used.
?	The performance of TDS position manager has been improved in the test version.

 

Thanks

Zhiyong