Hybrid process technologies in the financial sector

Søren Debois; Thomas Hildebrandt; Morten Marquard; Tijs Slaats

Hybrid process technologies in the financial sector

Søren Debois, Thomas Hildebrandt, Morten Marquard, Tijs Slaats

Research output: Conference Article in Proceeding or Book/Report chapter › Article in proceedings › Research › peer-review

Abstract

Danish mortgage credit institutes deal with highly variable and knowledgeintensive processes. At the same time these processes are required to be strictly conformant to current regulations and laws. In addition different divisions of the business are interested in different views on the same process: whereas the IT department implementing the processes would like a complete view that shows
the underlying business rules and supports all variants, the end users are only interested
in a local view that (1) shows only the aspects of the process that they are responsible for and (2) only shows the variants of the process that are relevant to them. This paper reports on a project we undertook with such a credit
institute where we investigated and addressed these issues by providing a hybrid
solution, allowing processes to be modelled using our constraint-based modelling
tools, but also supporting flow-based views of both the entire process and specific
variants.

Original language	English
Title of host publication	CEUR Workshop Proceedings : Proceedings of the Industry Track at the 13th International Conference on Business Process Management 2015 (BPM-Industry 2015)
Volume	1439
Publisher	CEUR Workshop Proceedings
Publication date	31 Aug 2015
Pages	107-119
Publication status	Published - 31 Aug 2015

Series	CEUR Workshop Proceedings
ISSN	1613-0073

Keywords

- Danish mortgage credit institutes
- Knowledge-intensive processes
- Regulatory compliance
- Process modeling
- Constraint-based and flow-based views

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http://ceur-ws.org/Vol-1439/paper9.pdf

Cite this

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title = "Hybrid process technologies in the financial sector",

abstract = "Danish mortgage credit institutes deal with highly variable and knowledgeintensive processes. At the same time these processes are required to be strictly conformant to current regulations and laws. In addition different divisions of the business are interested in different views on the same process: whereas the IT department implementing the processes would like a complete view that showsthe underlying business rules and supports all variants, the end users are only interestedin a local view that (1) shows only the aspects of the process that they are responsible for and (2) only shows the variants of the process that are relevant to them. This paper reports on a project we undertook with such a creditinstitute where we investigated and addressed these issues by providing a hybridsolution, allowing processes to be modelled using our constraint-based modellingtools, but also supporting flow-based views of both the entire process and specificvariants.",

keywords = "- Danish mortgage credit institutes, - Knowledge-intensive processes, - Regulatory compliance, - Process modeling, - Constraint-based and flow-based views, - Danish mortgage credit institutes, - Knowledge-intensive processes, - Regulatory compliance, - Process modeling, - Constraint-based and flow-based views",

author = "S{\o}ren Debois and Thomas Hildebrandt and Morten Marquard and Tijs Slaats",

year = "2015",

month = aug,

day = "31",

language = "English",

volume = "1439",

series = "CEUR Workshop Proceedings",

publisher = "CEUR Workshop Proceedings",

pages = "107--119",

booktitle = "CEUR Workshop Proceedings",

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Debois, S, Hildebrandt, T, Marquard, M & Slaats, T 2015, Hybrid process technologies in the financial sector. in CEUR Workshop Proceedings: Proceedings of the Industry Track at the 13th International Conference on Business Process Management 2015 (BPM-Industry 2015). vol. 1439, CEUR Workshop Proceedings, CEUR Workshop Proceedings, pp. 107-119. <http://ceur-ws.org/Vol-1439/paper9.pdf>

Hybrid process technologies in the financial sector. / Debois, Søren; Hildebrandt, Thomas; Marquard, Morten et al.
CEUR Workshop Proceedings: Proceedings of the Industry Track at the 13th International Conference on Business Process Management 2015 (BPM-Industry 2015). Vol. 1439 CEUR Workshop Proceedings, 2015. p. 107-119 (CEUR Workshop Proceedings).

Research output: Conference Article in Proceeding or Book/Report chapter › Article in proceedings › Research › peer-review

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AU - Debois, Søren

AU - Hildebrandt, Thomas

AU - Marquard, Morten

AU - Slaats, Tijs

PY - 2015/8/31

Y1 - 2015/8/31

N2 - Danish mortgage credit institutes deal with highly variable and knowledgeintensive processes. At the same time these processes are required to be strictly conformant to current regulations and laws. In addition different divisions of the business are interested in different views on the same process: whereas the IT department implementing the processes would like a complete view that showsthe underlying business rules and supports all variants, the end users are only interestedin a local view that (1) shows only the aspects of the process that they are responsible for and (2) only shows the variants of the process that are relevant to them. This paper reports on a project we undertook with such a creditinstitute where we investigated and addressed these issues by providing a hybridsolution, allowing processes to be modelled using our constraint-based modellingtools, but also supporting flow-based views of both the entire process and specificvariants.

AB - Danish mortgage credit institutes deal with highly variable and knowledgeintensive processes. At the same time these processes are required to be strictly conformant to current regulations and laws. In addition different divisions of the business are interested in different views on the same process: whereas the IT department implementing the processes would like a complete view that showsthe underlying business rules and supports all variants, the end users are only interestedin a local view that (1) shows only the aspects of the process that they are responsible for and (2) only shows the variants of the process that are relevant to them. This paper reports on a project we undertook with such a creditinstitute where we investigated and addressed these issues by providing a hybridsolution, allowing processes to be modelled using our constraint-based modellingtools, but also supporting flow-based views of both the entire process and specificvariants.

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KW - - Process modeling

KW - - Constraint-based and flow-based views

KW - - Danish mortgage credit institutes

KW - - Knowledge-intensive processes

KW - - Regulatory compliance

KW - - Process modeling

KW - - Constraint-based and flow-based views

M3 - Article in proceedings

VL - 1439

T3 - CEUR Workshop Proceedings

SP - 107

EP - 119

BT - CEUR Workshop Proceedings

PB - CEUR Workshop Proceedings

ER -

Hybrid process technologies in the financial sector

Abstract

Keywords

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