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Enron Mail |
Call or e:mail - either one is great. I do hope that you are working with
James directly on these issues as they surface. It is still not clear to me whether or not you two have spent time together on these issues. I will always support whatever changes can be made to our processes or controls that will insure better information. Because I can't personally do all of the work, I just want to be sure that you are plugged in to work directly with the right management team members on my team. I don't think that we are purposefully doing duplicate work. I believe that the manual process that moves information from the Entelligence team to GCP has apparently not worked as well as was designed. While sorry that the results haven't been as expected, we are glad to have your input now to help address this. James has reassigned the resources from Entelligence for now to work with Mary Gosnell on updates to GCP that I understand have been prioritized with you. From: Debbie R Brackett 12/11/2000 03:13 PM To: Sally Beck/HOU/ECT@ECT cc: Subject: Re: Information in Entelligence vs Global Counterparty Sally, I raised this issue only to make sure you were aware of the duplication of work going on in these groups. Although I fully support your teams, it is painfully obvious that the process is not working as well as we would hope. Let me know if it would be more appropriate to call you on this type issue going forward. Debbie Enron North America Corp. From: Sally Beck 12/11/2000 02:05 PM To: Debbie R Brackett/HOU/ECT@ECT cc: Mary Solmonson/HOU/ECT@ECT, James Scribner/Corp/Enron@Enron, William S Bradford/HOU/ECT Subject: Re: Information in Entelligence vs Global Counterparty I certainly agree that updated information from the wider company database should flow to update GCP. I assume that you have talked with both Mary Solmonson and James Scribner about this process to understand the details. They are the logical experts for that discussion. Your memo is a little vague on that, so if you are getting information from someone else and have not taken the time to talk with the best sources, I would suggest spending time with James and Mary so that you and they are appropriately informed. Absolutely there are procedures in place to handle these updates to GCP. I believe that these are pretty manual, as there are no systematic feeds from Entelligence into GCP. James and Mary (I refer to both because James has only recently assumed Mary's duties within Global Databases) can best discuss how this process works. If you are aware of specific concerns around this, I know that James and Mary will want to hear that from you. As is to be expected for any business that has experienced a 600% increase in the number of transactions year on year, there are challenges that we face daily in all of the tasks that we do. Your input will help James in making sure that priorities are set and personnel are deployed to tackle the biggest issues that we have. I recognize the challenge that Credit must be facing in aggregating exposures in our market environment today. With your input, we will do our very best to be certain that the data surrounding the 5.000+ deals that are done daily is as accurate as possible. From: Debbie R Brackett 12/11/2000 11:42 AM To: Sally Beck/HOU/ECT@ECT cc: Shona Wilson/NA/Enron@Enron, Avril Forster/Corp/Enron@ENRON, Mary Solmonson/HOU/ECT@ECT, James Scribner/Corp/Enron@Enron, Eric Wetterstroem/HOU/ECT@ECT, William S Bradford/HOU/ECT@ECT Subject: Information in Entelligence vs Global Counterparty Sally, I have been made aware of a disconnect between the data held in Global Counterparty and in Global Companies ( Entelligence). Much effort has been put forth in "cleansing" the parent/subsidiary information presented in Entelligence, yet the same information is not being replicated in GCP except for on an ad hoc, manual basis. What is the standard for data population in GCP vs Entelligence? Should changes and corrections in Entelligence not flow to GCP since our risk and trading systems are based on the information housed therein? What process and or systems enhancements are necessary to accomplish this end result? It appears we have a major GCP cleanup in the works while much of the work has been already been done for Entelligence. As we struggle to report trading positions properly, let's take advantage of our in house knowledge and share counterparty data validation results in order to minimize research and data population efforts. Your comments and ideas are welcome. Debbie
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