Shona-
The officialization process that EGM - Global Products uses was developed when we were implementing our Global Risk Management Worldwide Close process.  We (at that point) had an excel speadsheet that would search ERMS by book codes and pull in the officialized post id for the day - if there was a blank, the book was not official at which point the book administrator then goes back into the ERMS database, officializes and then we run VAR and our daily reports.  We are now doing this via our Global Reporting database for Global Products.  In developing the process, it was myself, Scott Earnest, Mark Fondren and Simon Thurbin (London office).  We now have Bill Kazemervisz and Vera Ilyina who are running the database daily and making certain that all listed books have been officialized.  John Swinney is our Risk Manager of the Global Products team and he is involved making certain that the risk managers are updating our new books list so that we are certain to mark them official nightly as well as integrating any new processes relating to VAR, exotic file uploads, etc.  
As you can see, it is very much a team effort that has really paid off on "next morning issues" for our group.  
If you have any additional questions or comments, please call me.  
Thank you,
Michelle
xt. 57532


 -----Original Message-----
From: 	Wilson, Shona  
Sent:	Tuesday, May 22, 2001 9:53 AM
To:	Price, Brent A.; Earnest, Scott; Bruce, Michelle; Hall, D. Todd
Cc:	Beck, Sally; Apollo, Beth
Subject:	EGM Good Job!

 << File: Summary Graph.xls >>  << File: summary of issues05182001.xls >>  << File: summary of issues05212001.xls >>  << File: 05_19_01 Daily Log.xls >> 

During the morning meeting today Rick Buy commented on what a good job EGM has done in the officialization process.  He took your names because he wanted to know who to thank for this.  His comments are based on the summary graph - his words - EGM has by far the most books but never shows up on the log - who can we thank for that?

Keep up the good work!

Shona