Sally,

FYI.  This is an example of the issues associated with the risk feeds and the need to document the universe of books that should be sent to RisktRAC on a daily basis.  Both Todd and Shona are working to reconcile RisktRAC positions to the source liquids books, identify the omitted books and make corrections.  The total volume difference is 3.4 million barrels (not certain this is accurate, but material under any circumstance).  I am also not certain how long these positions have not been included.  I believe this issue it limited to VAR only, and that CreditAg has been reporting the credit exposures. 

It would be a good idea to dissect this particular problem to understand the scope of what we need for Project Green Light.  If you would like to discuss this further, let me know.  I would like to ask for the following,  1) how long have these books not been included in RisktRAC,   2) what is the impact on V@R,   3) total volumes not reported,  and 4) reason for omission (I believe it had to do with the portfolio hierarchy).  Please, let me know what you think.

Thanks,
Wanda
 -----Original Message-----
From: 	Hagelmann, Bjorn  
Sent:	Friday, October  12, 2001 1:45 PM
To:	Curry, Wanda
Subject:	FW: ERMS books not getting into RisktRAC



Regards

Bj?rn Hagelmann
Director
Rac - Market Risk Management
E-Mail: bjorn.hagelmann@enron.com
Office:  + 1 713 345 7984
Trade Floor: +1 713 345 0338
Mobil:   + 1 281 451 4156


 -----Original Message-----
From: 	McIntyre, Burton  
Sent:	Friday, October 12, 2001 9:01 AM
To:	Kasemervisz, William E.
Cc:	Hagelmann, Bjorn; Victorio, Tom
Subject:	ERMS books not getting into RisktRAC

Bill, please see the attached list of books that you are officializing that is not coming into the RisktRAC.

Burton & Zakiyyah





UK-PL-BRENT	
UK-JV-ARB-GOIP	
UK-CRD-DUBAI	
UK-CRD-CLCM	
UK-CRD-BRCM	
UK-CD-CLCM	
UK-CD-BRCM	
UK-BENZ-FIN2	
SGP-RESID-BRNT	
PHYOIL2	
OIL-SPECII-C3	
OIL PRICE - CLCM	
OIL - BRCM	
BLND-BRENT