GTV weekly status update

Please find below the weekly status update for the Gas Trading Vision project and the attached file for the updated project timelines.

GTV status meeting attendees: Zhiyong Wei, Russ Severson, Jeremy Wong, Geoff Storey, Jay Krish, Mike Swaim, George Grant, Bill Fortney, Chuck Ames.

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 6/29/01:
? Continue IT development of Phase I items.
o Optimize the position manager's performance.
? 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
? Position roll-up process hangs sometimes in the production environment. This bug has been fixed in the parallel environment. The developer is now applying the fix to the production code.
? The performance of loading curve to the position manager has been improved in the parallel environment. The same change will be applied to the production code.
? We need to look into the current way of computing curve shift for Gas Daily options because it creates a large second order amount.

Thanks

Zhiyong