RE: Description of UBS Deal

Louise,

We have information about the Master User at each company (i.e. name, address) and we have created new customer profiles for product access based on previous profile information, but have not kept any transaction-specific information.

Dave

-----Original Message-----
From: Steffes, James D.
Sent: Tuesday, January 29, 2002 8:25 AM
To: Kitchen, Louise; Forster, David
Subject: RE: Description of UBS Deal

The Master Agreement and License Agreement mention that you have "Customer Data". Is this wrong?

Jim

-----Original Message-----
From: Kitchen, Louise
Sent: Tuesday, January 29, 2002 6:46 AM
To: Steffes, James D.; Forster, David
Subject: RE: Description of UBS Deal

Simply

People, systems and floor space.

Back to front applications with no specific counterparty data. WE have historical pricing etc but no counterparty names. You could get most of it from Reuters.

-----Original Message-----
From: Steffes, James D.
Sent: Mon 1/28/2002 1:59 PM
To: Forster, David; Kitchen, Louise
Cc:
Subject: Description of UBS Deal

How would you describe (in terms that a regulator would understand) what is transfered to UBS? I am asking because I want to make sure that I have a good grasp of what is going to UBS before our FERC pre-meeting.

My understanding is that we are providing software code to is used (a) for all backoffice applications and (b) for a trading platform. Anything else?

Jim