Advertisement

Abstract

Managing business process compliance is a highly important topic in the financial sector. Various scandals and last but not least the financial crisis have caused many new constraints and legal regulations that banks and financial institutions need to face. Based on a domain-specific semantic business process modeling notation, we propose a new approach to modeling and analysis of business process compliance through the use of compliance building block patterns and business rules. These business process compliance patterns and rules serve as a necessary basis for the automatic identification of compliance issues in existing processes (process models) and hence for managing business process compliance in the financial sector.

Keywords

Compliance Business Process Modeling Business Process Management Governance Finance 

References

  1. Awad, A., Weske, M.: Visualization of Compliance Violation in Business Process Models. In: Proceedings of the 5th Workshop on Business Process Intelligence, Ulm, pp. 1–12 (2009)Google Scholar
  2. Basel Committee on Banking Supervision. Compliance and the Compliance Function in Banks (2004), http://www.bis.org/publ/bcbs113.pdf?noframes=1 (accessed on 2010-03-04)
  3. Becker, J., Ahrendt, C., Coners, A., Weiß, B., Winkelmann, A.: Business Rule Based Extension of a Semantic Process Modeling Language for Managing Business Process Compliance in the Financial Sector. Lecture Notes in Informatics 175(1), 201–206 (2010a)Google Scholar
  4. Becker, J., Bergener, P., Delfmann, P., Eggert, M., Weiß, B.: Supporting Business Process Compliance in Financial Institutions – A Model-Driven Approach. In: Proceedings of the 10th International Conference on Wirtschaftsinformatik, Zürich, pp. 355–364 (2011) Google Scholar
  5. Becker, J., Bergener, P., Räckers, M., Weiß, B., Winkelmann, A.: Pattern-Based Semi-Automatic Analysis of Weaknesses in Semantic Business Process Models in the Banking Sector. In: Proceedings of the 18th European Conference on Information Systems, Pretoria (2010b)Google Scholar
  6. Becker, J., Weiß, B., Winkelmann, A.: Developing a Business Process Modeling Language for the Banking Sector – A Design Science Approach. In: Proceedings of the 15th Americas Conference on Information Systems, San Francisco, pp. 1–12 (2009)Google Scholar
  7. Becker, J., Weiß, B., Winkelmann, A.: Transferring a Domain-Specific Semantic Process Modeling Language – Findings from Action Research in the Banking Sector. In: Proceedings of the 18th European Conference on Information Systems, Pretoria (2010c)Google Scholar
  8. Becker, J., Weiß, B., Winkelmann, A.: Utility vs. Efforts of Business Process Modeling – An Exploratory Survey in the Financial Sector. In: Proceedings of the Multikonferenz Wirtschaftsinformatik, Göttingen, pp. 41–54 (2010d)Google Scholar
  9. Becker, J., Thome, I., Weiß, B., Winkelmann, A.: Constructing a Semantic Business Process Modelling Language for the Banking Sector – An Evolutionary Dyadic Design Science Approach. Enterprise Modelling and Information Systems Architectures 5(1), 4–25 (2010e)Google Scholar
  10. Business Rules Group. Business Rules Manifesto – The Principles of Rule Independence (2003), http://www.businessrulesgroup.org/brmanifesto/BRManifestB.pdf (accessed on 2010-05-02)
  11. El Kharbili, M., Alwes de Medeiros, A.K., Stein, S., van der Aalst, W.M.P.: Business Process Compliance Checking: Current State and Future Challenges. In: Proceedings of the Modellierung betrieblicher Informationssysteme, Saarbrücken, pp. 107–113 (2008a)Google Scholar
  12. El Kharbili, M., Stein, S., Markovic, I., Pulvermüller, E.: Towards a Framework for Semantic Business Process Compliance Management. In: Proceedings of the 1st International Workshop on Governance, Risk and Compliance – Applications in Information Systems, Montpellier, pp. 1–15 (2008b)Google Scholar
  13. Endl, R.: Regelbasierte Entwicklung betrieblicher Informationssysteme: Gestaltung flexibler Informationssysteme durch explizite Modellierung der Geschäftslogik,” Doctoral Thesis, University of Bern, Bern (2004)Google Scholar
  14. Grob, L., Bensberg, F., Coners, A.: Rule-Based Control of Business Processes – A Process Mining Approach. Wirtschaftsinformatik 50(4), 268–281 (2008)CrossRefGoogle Scholar
  15. Hanson, E.N.: Rule Condition Testing and Action Execution in Ariel. In: Proceedings of the ACM-SIGMOD International Conference on Management of Data (1992)Google Scholar
  16. Hay, D., Healy, K.: Defining Business Rules – What are They Really? (2000), http://www.businessrulesgroup.org/first_paper/BRG-whatisBR_3ed.pdf (2010-05-02)
  17. Herbst, H., Knolmayer, G.: Ansätze zur Klassifikation von Geschäftsregeln. Wirtschaftsinformatik 37(2), 149–159 (1995)Google Scholar
  18. Hoheseil, H.: Temporale Geschäftsprozessmodellierung, Doctoral Thesis, University of Bern, Bern (2000) Google Scholar
  19. Namiri, K., Stojanovic, N.: Pattern-based Design and Validation of Business Process Compliance. In: On the Move to Meaningful Internet Systems 2007, CoopIS, DOA, ODBASE, GADA, and IS, pp. 59–76 (2007)Google Scholar
  20. Object Management Group, Semantics of Business Vocabulary and Business Rules (SBVR), v1.0 (2006), http://www.omg.org/spec/SBVR/1.0/PDF (accessed on 2010-05-02)
  21. Rinderle-Ma, S., Ly, L.T., Dadam, P.: Business Process Compliance. EMISA Forum, 24–29 (2008)Google Scholar
  22. Sadiq, S., Governatori, G., Namiri, K.: Modeling Control Objectives for Business Process Compliance. In: Alonso, G., Dadam, P., Rosemann, M. (eds.) BPM 2007. LNCS, vol. 4714, pp. 149–164. Springer, Heidelberg (2007)CrossRefGoogle Scholar
  23. Scheer, A.-W., Werth, D.: Geschäftsprozessmanagement für das Unternehmen von morgen. In: Karagiannis, D., Rieger, B. (eds.) Herausforderungen in der Wirtschaftsinformatik – Festschrift für Hermann Krallmann, Berlin, pp. 49–64 (2006)Google Scholar
  24. Weiß, B., Winkelmann, A.: A Metamodel Based Perspective on the Adaptation of a Process Modeling Language to the Financial Sector. In: Proceedings of the 44th Hawaii International Conference on System Sciences, Koloa (2011)Google Scholar
  25. Wörzberger, R., Kurpick, T., Heer, T.: Checking Correctness and Compliance of Integrated Process Models. In: Proceedings of the 10th International Symposium on Symbolic and Numeric Algorithms for Scientific Computing, Timisoara, pp. 576–583 (2008)Google Scholar
  26. Zoet, M., Welke, R., Versendaal, J., Ravesteyn, P.: Aligning Risk Management and Compliance Considerations with Business Process Development. In: Di Noia, T., Buccafurri, F. (eds.) EC-Web 2009. LNCS, vol. 5692, pp. 157–168. Springer, Heidelberg (2009)CrossRefGoogle Scholar

Copyright information

© IFIP International Federation for Information Processing 2011

Authors and Affiliations

  • Jörg Becker
    • 1
  • Christoph Ahrendt
    • 1
  • André Coners
    • 2
  • Burkhard Weiß
    • 1
  • Axel Winkelmann
    • 1
  1. 1.ERCIS – European Research Center for Information SystemsUniversity of MuensterMuensterGermany
  2. 2.Fachhochschule SüdwestfalenHagenGermany

Personalised recommendations