re : var for enroncredit . com bryan , we shall be glad to take a look at the system . to sign - off on the vendor provided system we have to look under the hood and review the algorithms . i hope the vendor will have no objections to it . another critical issue we have to solve on a short notice is to integrate the system you want to buy with the rest of var / credit systems . we shall stand by to help in this endeavor . an alternative approach is to evaluate to what extent your positions can be rolled into the existing risk systems . vince bryan seyfried 11 / 10 / 2000 03 : 20 am to : vince j kaminski / hou / ect @ ect , steven leppard / lon / ect @ ect cc : ted murphy / hou / ect @ ect subject : var for enroncredit . com vince / steve - - we are going to the board in december to ask for formal limits . as you know one of the key limits at the board level is value at risk . to that end , it is imperative that you are comfortable with our approach for calculating var . we have implemented a third party risk system which holds all of our positions and are in the process of putting the debt positions in . the system has a var engine which is being demo ' d by the vendor today . ben and kirstee are attending the demo and if they find the technology acceptable , i propose moving forward with implemantion of the module . pls . let me know if this sounds reasonable and how you would envision implementing . thanks