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UN/ECE - P4. Finance Business Process Modelling
Project leader: Mike Adcock ( Michael.Adcock@apacs.org.uk)

1. Objectives

    1.1 Purpose

    The purpose of the project is to create Business Process Models as a means for documenting the business processes in the complete cycle of financial payment, advice and statement.

    1.2 Scope

    The scope for this project assumes the adoption of UML (the Unified Modelling Language)

    The area of financial processes and messaging to be covered is 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, payments (credit transfers and direct debits), covering all means/types of payment


2. Deliverables

The deliverables from the project are:

  • A catalogue of Business Process Models covering the Financial Payment functional area
  • A guide for users which enables them to select the model appropriate to their need
  • Scope definition of each business scenario necessary to establish a comprehensive range of different business scenarios that occur within the payment cycle and all its manifestations.


3. Functional Expertise of Membership

The project team is a group of experts with broad knowledge in the areas of e-Business and most particularly in FINANCIAL PAYMENT CYCLE BUSINESS SYSTEMS, from the perspective of both the bank customers and banks.

Note: The project team already exists and is in operation. It has been drawn from SWG D6 Finance resources. Each UN/CEFACT head of delegation may designate one or more additional experts to the group. 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.


4. Focus

The focus is global and cross-sectorial within the functional area of the financial payment cycle.


5. Initial Contributions

The following contributions are submitted as part of this proposal.:

  • Domestic Payment Use Case 1 version 0.2
  • Domestic Pre-authorised DD Use Case 1 version 0.1
  • SWIFT Repository of models and database from Statements, Advice, e-payments, & Query/Response work
  • SWG D6 Finance Business Information Guide (BIG)

Note: These are for consideration by the project team. Other participants are expected to 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.


Statement of resource requirements

Resources required are business user experts with a broad knowledge in the area of e-Business and FINANCIAL BUSINESS SYSTEMS, from both the bank customers’ and banks’ perspectives. Modelling expertise is also required within the group.

Note: The project does not require any additional resources from the UN/ECE secretariat. Modelling expertise and project management are available and have already been assigned from within the functional area as follows:

  • Existing Task Force Leader: Mike Adcock, APACS
  • Modellers: SWIFT Standards Unit + APACS Standards Unit



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