Spreadsheet: chris_stokley__3977__Outstanding Issues -Matrix 080701
Sheet: Sheet1

Matrix Power Process - Outstanding Issues
 | Issue |  | Who will be involved in resolving? |  | Timeframe |  | Comments/ Status
1 | Where should [NAME] get load profiles to develop Matrix products? Site Profile?  If so, need reasonable turnaround time. |  | [NAME], Erling Brakke |  | By 8/09/01 |  | [NAME] and Erling are currently working on sharing information.
2 | How does the Prospect List work with OMS? |  | [NAME], [NAME], [NAME] |  | 2001-08-01 00:00:00 |  | Done - Prospect database will be queried given certain channel criteria.  Resulting opportunities will be loaded into OMS for Origination to pursue.
3 | How does the Prospect List work with Credit?  Is credit pre-screened? |  | [NAME], [NAME], [NAME], [NAME] |  | 2001-08-01 00:00:00 |  | Done - Criteria has been established.  Most opportunities with exposure < $500,000 will be pre-screened and pre-approved for credit.  Those with exposure > $500,000 will be pre-screened with approval pending financial statement analysis and deal structure.
4 | We need to automate credit reserve updates to Matrix prices. |  | [NAME], [NAME], IT |  | ? |  | NY ConEd will be updated by 8/6/01.  Further automation will be developed.
5 | We need to automate overall Matrix price updates. |  | [NAME], [NAME], IT |  | ? |  | In progress - The NY market is currently automated.  Awaiting cost and time proposal from IT for extending the automation to other markets.
6 | Can we go to real-time pricing? |  | [NAME], [NAME], IT |  | ?
7 | Integrate OMS into overall process. |  | [NAME] |  | By 8/15/2001 |  | In-progress
8 | Define rules of use for Legal contracts. |  | [NAME], [NAME] |  | 2001-08-01 00:00:00 |  | [NAME] - agent sales only; New Master Contract - all other power transactions
9 | Streamline process for getting contracts from Legal. |  | [NAME], [NAME], [NAME] |  | By 8/15/01 |  | Memo on process went out on 8/7/01.  Still need to work on streamlining or automating
10 | Too many uses of the term "Deal Ticket" - needs definition. |  | [NAME], [NAME], [NAME] |  | By 8/15/01
11 | Legal name wrong on contract? Can GCP, D&B help?  Needs to be fixed in X number of days. |  | [NAME], [NAME], [NAME] |  | By 8/15/01 |  | The D&B Prospect Database should help this somewhat.  Eventually this will be tied to GCP for name verification.  In the meantime, need a process for an exception to work - how will the name be fixed and how will it flow back to Prospect Database.
12 | Integrate Global Counterparty into process. |  | [NAME], [NAME], [NAME] |  | 2001-08-06 00:00:00 |  | Credit sends request to GCP.  Future state is that RPS and RGS will be integrated with GCP.  Need to get status from IT.
13 | Streamline process for credit to get notified of matrix deals closed. |  | [NAME], [NAME], [NAME], [NAME] |  | By 8/15/01 |  | Need 1 report sent to credit daily.  Suggestions made, need to be implemented.
14 | Define parameters around requesting collateral from matrix customers. |  | [NAME], [NAME] |  | 2001-08-01 00:00:00 |  | According to [NAME], already defined: for deals approved after-the-fact, no collateral - only Yes or No.
15 | Identify roles and processes for unwinding deals. |  | [NAME], [NAME], [NAME] |  | By 8/10/2001 |  | Deal Capture will be responsible - awaiting flow chart from [NAME].
16 | Who should be booking matrix deals? |  | [NAME], Deal Mgmt |  | By 8/15/01 |  | Transaction Economics and initiating booking will reside in Deal Structuring.  [NAME] and Deb Merril are working our transition of responsibilities
17 | Should we use a Deal Ticket that Originators fill out (like gas process)? |  | [NAME], [NAME], [NAME], [NAME][NAME] |  | By 8/15/01
18 | Define timelines for routing of contract - how long does it take? |  | [NAME], [NAME] |  | 2001-08-01 00:00:00 |  | 1 day to 1 week depending on who can sign it.  Deal Capture takes contract to Legal, legal initials and forward to mgmt to sign, mgmt return to Deal Capture once signed.
19 | Need process for dealing with bankruptcies and past-due amounts (during fulfillment). |  | [NAME], [NAME], [NAME] |  | ? |  | Process development is in progress - [NAME] is the point person from the Power Task Force.
20 | [NAME] worksheet into process |  | [NAME], [NAME], [NAME] |  | By 8/15/2001 |  | Worksheet has been developed.