A Metamodel Based Perspective on the Adaptation of a Semantic Business Process Modeling Language to the Financial Sector

Process modeling is an important prerequisite to process reorganization and management. As a result, many companies have spent much effort on process documentation, while hardly gaining equivalent benefits in the analysis and usage of the resulting process models. To balance the cost-benefit-ratio of process modeling projects with respect to their later usage, especially regarding automatic process model analysis (i.e. for optimization purposes etc.), new domain-specific and thus semantic business process modeling languages (SBPML) have been proposed for selected domains. In this paper we investigate the adaptability of SBPML from the public sector to the banking sector from the perspective of the language's metamodel, since banks are currently highly involved in modeling initiatives to industrialize and optimize their process landscapes and are unsatisfied with existing modeling approaches regarding the cost-benefit-ratio of modeling. While taking a metamodel perspective on the language artifact itself, we derive requirements for process modeling from the domain of financial institutions and present findings on the adaptation of SBPML, giving a complete conceptual model of the SBPML method for banks.