Today Paul and myself met with Ted Kerr and Martin James both partners at 
Mallesons concerning the attached Request For  Proposal from ISDA. It relates 
to  the possible development of an online site where electronic versions of 
ISDA documentation could be accessed. There would be some other functionality 
that would include a document negotiation,  processing/execution and storage 
facility.    

I understand the RFP was issued following an approach by Mallesons to ISDA 
earlier this year. Apparently  whilst the ISDA Board was enthusiastic about 
the idea and a demonstration website Mallesons had produced they thought it 
appropriate to invite other proposals.

Mallesons is preparing an initial response to the RFP (due on 8  Sept) and 
wanted to know if Enron was interested in collaborating. Our reputation in 
the finance idustry, experience with online contracting and strong presence 
in e-commerce  they see as a good fit with their skills.     Paul sees some 
real potential and will be (or perhaps is already) talking to Networks. The 
commercial interest primarliy relates to the "deal room" concept that would 
require significant data storage data/transportation.

I wanted to acquaint you as soon as possible with this approach to check 
whether Enron is involved in any other responses to the ISDA RFP. I note Mark 
H. was a recipient of the RFP email and would be aware of this initiative. 
Also as  the opportunities for Legal to bring in an e-commerce business 
opportunity are rare it  would be a pity if we did not make every effort to 
promote this one within Enron. Accordingly any observations you would have 
would be greatly appreciated.

                              
---------------------- Forwarded by David Minns/ENRON_DEVELOPMENT on 
16-08-2000 03:28 ---------------------------


"James, Martin" <Martin.James@msj.com.au> on 16-08-2000 11:59:30
To: "David Minns (E-mail)" <david.minns@enron.com>
cc:  

Subject: FW: Request for Proposal - ISDA Electronic Documentation Negotiat 
ion Facility


Mallesons Stephen Jaques
Confidential communication

David

Attached is the RFP as discussed.  I look forward to hearing from you.

Regards
Martin

Martin James
Partner
Mallesons Stephen Jaques Sydney
Direct line (61 2) 9296 2198
Fax (61 2) 9296 3943


-----Original Message-----
From: Corrinne Greasley [mailto:CGREASLEY@isda.org]
Sent: Friday, 28 July 2000 6:31:AM
To: 'richard.a.brown@ch.abb.com'; Douglas Bongartz-Renaud;
'debbiegdm@absa.co.za'; 'john.rainbolt@acnpower.com';
'wschouten@aegon.nl'; 'johnson@agf.fr'; Ernest Patrikis;
'jacques.michielsens@axa-bank.be'; 'ericr@capital-re.com';
't.longuemar@afdb.org'; 'ria@amb.co.za'; 'allinv@dol.ru';
'ddd@alpha.gr'; 'pbrody@ambac.com'; 'carol.schwartz@aexp.com';
'Michiko_Yamasaki@ahm.honda.com'; 'hkunz@amre.com';
'david.hudson@arabbanking.com'; 'rlaiseca@argentaria.es';
'heasleyt@anz.com'; 'jdanaro@aofm.gov.au'; 'avia@bgbank.dk';
'shaharin@bsncom.com.my'; 'Martin.Boehler@bw-bank.de'; Luciano Steve;
'bartolomei@bancaimi.it'; '25557@bancaroma.it';
'luis.minguez@grupobbv.com'; 'mcmonteiro@bes.pt'; Jose Manuel
Hernandez-Beneyto; 'carla.wyckmans@bbl.be';
'andrzej-ladko@market.bh.com.pl'; 'h.duineveld@labouchere.nl';
'mark-lenczowski@em.fcnbd.com'; 'tomiron@bloomberg.com';
'paul.bridge@bis.org'; Jonathan Moulds; 'ffurlan@bank-banque-canada.ca';
'daiying@bank-of-china.com'; 'diana.wisner@bmo.com';
'sue.morris@scotiabank.com'; 'andrew_barnett@bankofscotland.co.uk';
'hisae_yamasaki@btm.co.jp'; 'hadi.saidi@ib.bankgesellschaft.de';
'robert.detry@degroof.be'; Jerry del Missier; 'smann@brr.com';
'ulrich.parche@hypovereinsbank.de'; 'Florian.Drexler@blb.de';
'wdemonchaux@bear.com'; 'clement.albert@bdc.ca'; Robert Mark;
'francesco.dicastri@cabotosec.co.uk'; 'bracette@lacaisse.com';
'skourganoff@cdc-marches.fr'; 'dcaminit@cmhc-schl.gc.ca';
'linda_lane@cargill.com'; 'jcaldr@csob.cz'; Dennis Oakley;
'anne.gotteberg@markets.kreditkassen.no'; 'gary.black@wfg.com'; Ravit
Mandell; 'kwan@cimb.com.my'; 'peter_buerger@commerzbank.com';
'areynaud@coral-energy.com'; 'rbehr@corpbank.co.za';
'martin.de_waziers@ca-indosuez.com'; 'ygarreau@ccf.fr'; Maurits
Schouten; 'yvonnefoo@dbs.com.sg'; 'renate_mack@dgbank.de';
'marku.bormann@dgzbank.de'; 'kazuhito.tomimura@daiwasbcm.co.jp';
'QFF01375@nifty.ne.jp'; 'mnr@dendanskebank.dk';
'anne-benco.folland@dnb.no'; 'katharina.dunkel@depfa.de'; Damian
Kissane; 'heidi.wynants@dexia.be'; 'jscordato@dlj.com'; 'fruiz@dow.com';
Henning Bruttel; 'jche@dynegy.com'; 'ntzakou@eurobank.gr';
'roberto_colacchia@enifin.it'; 'mai.ibsen@eksportfinans.no';
'jonesg@epenergy.com'; 'elisabeth-anne.bertin@edf.fr'; Mark Haedicke;
'susanne.Boewing@erstebank.at'; 'arthur.ramalatsoa@eskom.co.za';
'fedderm@ebrd.com'; 'rmccaw@ecgd.gov.uk'; 'pbradley@edc-see.ca';
'noreen_m_tama@email.mobil.com';
'internationaldivision@vanlanschot.com'; 'aangle@fhlbatl.com';
'wmiller@fhlbc.com'; 'ms@fhlb.com'; 'GeeB@fhlbsf.com';
'kevin_mackenzie@freddiemac.com'; 'pilar_f_o'leary@fanniemae.com';
'barry.taylorbrill@capmark.funb.com'; 'andy.stuart@rmb.co.za';
'brian-c-snell@fleet.com'; 'mharri46@ford.com';
'hilde.vanverre@fortisbank.com'; 'asaksen@rfc.com';
'glenn.goggins@gecapital.com'; 'jnorris@genre.com'; Thomas Montag;
'burke.david@fin.gc.ca'; 'rcuclm@gic.com.sg'; 'jmosle@hbk.com';
'alan.r.bord@hsbcgroup.com'; 'swen_bernitz@trinkaus.de';
'tommarshall@halifax.co.uk'; 'wertpapiere@hamburglb.de';
'ccerria@hess.com'; 'guillemette.louise@hydro.qc.ca'; 'legal@ibj.co.uk';
Teruo Tanaka; 'goliveros@worldbank.org'; 'patrice.scatena@intel.com';
'gjessee@ifc.org'; 'ptrollip@investec.co.za'; 'benesjos@ipb.cz';
'mccabep@irishpermanent.ie'; Diane Genova; 'olivier.deryckere@kb.be';
'daniel.bryant@keyport.com'; 'stefan.theys@minfin.be';
'peter.pawlik@lbbw.de'; 'wilfried.schuette@helaba.de';
'Dieter.Koepke@SaarLB.de'; 'reinhard.sievers@lb-kiel.de';
'helmut.stermann@l-bank.de'; 'muecke@rentenbank.de';
'graham.evans@lazard.co.uk'; 'venokur@lehman.com';
'antti.vanne@leonia.fi'; 'aharding@macquarie.com.au';
'fred_shen@manulife.com'; 'JDaume@maplepartners.com';
'tony.pearl@mcd.com'; 'folkert.vanzinderenbakker@meespierson.co';
'merja.viitala@merita.fi'; Keith Bailey;
'mayumi_takahashi@mitsubishi-trust.co.jp'; 'MacraeE@mbcl.co.uk';
'savvas@moorecap.com'; George James; 'neil.fitzpatrick@mosnar.com';
'juha.heinonen@munifin.fi'; 'frenk_van_der.vliet@dnib.com';
'catherine.nicand@nxbp.fr'; Steve Targett; 'francois.bourassa@bnc.ca';
'pchristo@nbg.gr'; 'rozsavolgyinek@mnb.hu'; 'nbpdp@nbp.pl';
'jan.matej@apfundt-3.se'; 'TheunisF@nedcor.com';
'scottma@tcorp.nsw.gov.au'; 'elizabeth.ashton@treasury.govt.nz';
'miyuki.koguchi@nssmb.com'; 'miyazaki_kazuhito@mail.nikko.co.jp';
'takaono@air.linkclub.or.jp'; 'knagasawa@nomurany.com';
'juha.kotajoki@nib.fi'; 'est@nykredit.dk'; 'apivnick@ofina.on.ca';
'tanbwandy@ocbc.com.sg'; 'pregent@pimco.com';
'steven.teitelman@pseg.com'; 'cussenm@pacfor.com';
'julia.wilks@paribas.com'; 'greg.horan@gems4.gov.bc.ca';
'h.noeldetilly@finances.gouv.qc.ca'; 'roger.drayton@egg.com';
'gary.neubeck@prudential.com'; 'ggarrett@qtc.com.au';
'rita.pearson-schwandt@energie.rwe.de'; 'ejung@refco.com';
'drusso@reliantenergy.com'; 'anna.vonknorring@valtiokonttori.fi';
'susan.heard@rbcds.com'; 'pieter.vanderharst@snsam5.nl';
'teruaki_ishibashi@sakura.co.jp'; 'tueno@sgc.com'; 'chris@sanwafp.com';
'wplayle@sanwaint.com'; 'john.benfield@saudibank.com';
'etucker@shidler.com'; 'naoya.tabuchi@ltcb.co.jp';
'Patrick.Smigoc@SFS.SIEMENS.DE'; 'sean.b@gordian.co.uk'; Sebastien
Cahen; 'AMetter@sfmny.com'; 'etienne.Fivaz@resbank.co.za';
'bartlettg@stgeorge.com.au'; 'Jeremy.Walsh@standardchartered.com';
'chris_macrae@standardlife.com'; 'i.jantzen@abp.nl';
'mike.sheehan@slma.com'; 'finch@sbcm.com'; 'paul.white@suntrust.com';
'biap02@handelsbanken.se'; 'svante.lundberg@foreningssparbanken.se';
'christine.johansson@sbab.se'; 'louise.kendall@total.com';
'moz@watermarkgroup.com'; 'alex.bolis@telecomitalia.it';
'moolmac@telkom.co.za'; 'steve_olson@tigerfund.com';
'masami.tanaka@tokiomarine.co.jp'; 'marie-therese.sotunde@t-mi.com';
'moores@tdcibg.com'; 'pvrana@tractebelusa.com';
'peter.verbiest@tractebel.be'; 'janine_watson@transcanada.com';
'e.macallan@tcv.vic.gov.au'; 'sinana@garanti.com.tr';
'mary.hill@ulsterbank.com'; 'colonna@gruppocredit.it';
'Ong.LiatHoon@UOBgroup.com'; 'tove.cederborg@legal.vattenfall.se';
'james.leggatt@wmc.com'; Tim Fredrickson; 'info@wgz-bank.de';
'dominic.palfreyman@westlb.co.uk'; 'cchapman@watc.wa.gov.au';
'tmcclarty@westpac.com.au'; 'Kenichi_Yoshida037943@po.yasuda.co.jp';
'clparrish@ybs.co.uk'; 'beat.gabathuler@zkb.ch'; 'lerner@zurcapm.com';
'ed.murray@allenovery.com'; 'david_ward@amsinc.com';
'tatsu.katayama@andersonmori.com'; 'david.mills@arcordia.com';
'h.ronald.weissman@us.arthurandersen.com'; 'kgarrett@arthurcox.ie';
'kfarrow@afma.com.au'; 'iona.levine@bakernet.com'; 'fabian@bgp.at';
'smithee@bingham.com'; 'RPeckar@CWT.com'; 'ayp@cmck.com';
'nick.perry@caminus.com'; 'leslie@cmra.com'; 'gsebas@cedelgroup.com';
'dmcdonal@cme.com'; 'habib.motani@cliffordchance.com'; Daniel
Cunningham; 'christopher.surr@credittrade.com'; 'john@creditex.com';
'levin@dpw.com'; 'inissen@dbbw.nl'; 'blim@debevoise.com';
'shawn@blackbird.net'; 'lklein@deweyballantine.com';
'aclifford@cc.ernsty.co.uk'; 'klaus.wuelfing@db.com'; 'gu1@ffwlaw.com';
'bach@fincad.com'; 'toralf.dittmann@framesoft.com';
'srudin@freshfields.com'; 'nigel.avey@gni.co.uk'; 'bkilb@gdclaw.com';
'Alban.Caillemer-du-Ferrage@gide.fr'; 'agregory@globeop.com';
'hwr@casibsurf.com'; 'din.albagli@herbertsmith.com';
'levinec@hugheshubbard.com'; 'susan.hinko@icorbroker.com';
'jim.ashton@risk.sungard.com'; 'peter.vitale@ifs.ie';
'bonni@ipicorp.com'; 'sellers@kmv.com'; 'sdiamond@kpmg.com';
'karper@hol.gr'; 'ahahn@kmz.com'; 'kristin.heruth@kiodex.com';
'laura.cox@uk.pwcglobal.com'; 'carlos.alvarez@lw.com';
'sherrylin@leeandli.com'; 'm.oertle@lenzstaehelin-zh.com';
'sfirth@linklaters.com'; 'login@login-sa.com';
'John.Wisbey@lombardrisk.com'; 'iain_brown@sns.ca'; 'barry@lvi.com';
'laurence.garside@lovells.com'; 'bryanf@mkirisk.com'; Kerr, Edward;
'thp@msa.se'; 'judith.lawless@mccann-fitzgerald.ie';
'gostoich@mcbinch.com'; 'fpuleo@milbank.com';
'jeffrey.maron@moneyline.com'; 'mayb@moodys.com'; 'rodg6874@mlb.com';
'rankw@ams.nautadutilk.nl'; 'peter.r.isler@nkf.ch';
'joe_lee@mail.nittan-exco.co.jp'; 'somerb@nortonrose.com';
'cboivin@ogilvyrenault.com'; 'ssmith@osler.com'; 'bourcier@matif.f.r';
Don Moorehead; 'juan.pujadas@us.pwcglobal.com';
'itobin@raftinternational.com'; 'simon.clark@reuters.com';
'isabel.rodriguez@sjberwin.com'; 'alan.spalding@swift.com';
'craig.stein@srz.com'; 'dwechter@sentryfin.com'; 'hwest@shearman.com';
'jbox@sidley.com'; 'ned.swan@simmons-simmons.com';
'josborn@skadden.com'; 'linc@slaughterandmay.com';
'joosen.bart@kpmg.nl'; 'mcarman@tor.stikeman.com';
'cjameson@thacherproffitt.com'; 'judy.lee@capco.com';
'paul.moore@torytory.ca'; 'ebarlow@totem-risk.com';
'Mark.Evans@Traverssmith.co.uk'; 'vsingh@tullib.com';
'uub_indialaw@hotmail.com'; 'ughi.e.nuzinate@interbusiness.it';
'edr@uria.com'; 'fcochran@velaw.com'; 'eder@weisstessbach.com';
'bbecker@wilmer.com'; 'info@ederivative.com'
Cc: Robert Pickel
Subject: Request for Proposal - ISDA Electronic Documentation
Negotiation Facility


ISDA International Swaps and Derivatives Association, Inc.
600 Fifth Avenue, 27th Floor
Rockefeller Center
New York, New York 10020-2302
Telephone: (212) 332-1200 Facsimile: (212) 332-1212

         July
27, 2000



MEMORANDUM TO ISDA PRIMARY CONTACTS

ISDA has undertaken an initiative to produce its documentation in electronic
form.  In connection with that effort ISDA has considered other ways in
which the preparation, negotiation and execution of ISDA documents might be
facilitated.

ISDA is close to completing the process of converting all of its documents
to electronic form. Further details about that development will be provided
shortly and will be highlighted at our upcoming member updates in September.


The Association is now seeking proposals for a document preparation,
negotiation and execution facility.  Attached please find the request for
proposal that outlines the and specifications and requirements for proposals
for a documentation negotiation facility.

ISDA is sending this request for proposal to the Primary Contact at each of
its member firms in the event that their firm is interested in developing
this facility or knows of a third party that might be interested in
providing this service.  Please feel free to forward the request for
proposal to any firms that may be interested in submitting a proposal.

I can be reached by telephone on 212 332 2554 or by email at
rpickel@isda.org should you have any questions.


    Robert G. Pickel
    General Counsel

 <<RFP for e-docs.doc>>




 - RFP for e-docs.doc