|UN/ECE - P3. Finance Core Components
Project leader: Stig Korsgaard ( STK@Finansraadet.dk)
The purpose of the project is to develop Core Components for documenting the
business data in financial messages, their context and data structure.
The scope for this project and the area of financial business data to be
covered includes data in the complete cycle of payment, advice and statement
creation and handling between customers of financial institutions, the financial
institutions and their agents. It includes domestic and international
environments, mass and single payment (credit transfers and direct debits), all
means/types of payment.
The deliverables from the project are:
- A catalogue of Financial Core Components.
- Input to the Global Core Components Library Project based on a financial
3. Functional Expertise of Membership
The project team is a group of experts with a balanced profile of skills and
expertise in information analysis, knowledge of financial business data and in
the presentation and documentation of technical material, either individually or
collectively as a group.
4. Geographical Focus
The focus is global and cross-sectorial within the functional area of
financial business data. Each UN/CEFACT head of delegation may designate one or
more experts to the project team. In doing so, they may delegate this task to
one or more organizations, which may be national, regional or international.
Experts are expected to contribute to the work based solely on their expertise.
Note: It is understood that current EWG/SWG/D6 Finance members, who indicates
so, will be grandfathered in.
5. Initial Contributions
The following contributions are submitted as part of this proposal. It is
understood that these are only for consideration by the project team and that
other participants may submit their own contributions in order to ensure the
gathering of as much information as possible from those with expertise and a
material interest in the project but at the same time allow diverse voices to
comment on the details of the projects and ensures that no single organization
can dominate the process:
- SWIFT Standards and data dictionary on Core Components.
- SWG D6 Finance EDIFACT FEDI MIGs.
- A number of national catalogues on financial business data definitions and
Statement of resource requirements
Participants in the project shall provide resources for their own
participation. The existence and functioning of the project shall not require
any additional resources from the UN/ECE secretariat.