back office process definitions major groups manage risk deal clearing documentation logistics volume management client services settlements global data management within major areas groups activities charts provide slightly dated still better give idea manage risk comprised value books identify limit violations flash p l trade capture generate reports etc deal clearing comprised prepare distribute confirmations verify audit deals broker checkout etc logistics comprised gather operational data communicate pipelines plan product movement nominate product movement balance positions etc volume management validate transport statements allocate volumes reconcile imbalances etc client services prepare generate invoices generate payment requests resolve disputes billing cash management reconcile r p etc global data management set new counterparties maintain cp data capture validate settled prices setup new pipelines facilities etc generally thought financial reporting enron outside back office operations trading origination activity sally bob feel free make corrections additions see fit lisa petruszka enron 02 01 2001 10 47 sally beck hou ect ect mary solmonson hou ect ect bob hall na enron enron cc subject back office process definitions hello team enron define back office processes seems every organization definition back office processes fall within curious know consistent breakdown enron wondering common language across enron let explain going question know participants many parts enron session might risk different definitions assumptions used conversations groups define processes differently even slightly could confusion start conversation session around kinds services offered give idea seen different breakdowns models used derivatives strategy magazine annual technology assessment following breakdown used evaluate software products deal capture special deal entry eod mark market p l calculations settlement confirmations payments payment netting bloomberg model depicted wall street technology january 2001 following high level components trade order management electronic trade confirmation trade allocation settlement instructions electronic settlement links let know thoughts think significant risk different groups using different definitions enron might able build exercise early get us hurdle lisa p 5 6352