Design Guidelines to Derive an e3value Business Model from a BPMN Process Model in the Financial Securities Sector

Isaac da Silva Torres*, Marcelo Fantinato, Gabriela Musse Branco, Jaap Gordijn

*Corresponding author for this work

Research output: Chapter in Book / Report / Conference proceedingConference contributionAcademicpeer-review

Abstract

Process models, e.g. BPMN models may represent how companies in an ecosystem interact with each other. However, the business model of the same ecosystem, e.g. expressed by an e3value model, is often left implicit. This hinders the proper analysis of the ecosystem at the business level, and more specifically financial assessment, for which process models are less appropriate. Therefore, the question is if we can somehow derive e3value models from BPMN models. This would not only allow for proper business model analysis but would also facilitate business model mining, similar to the success of process mining. However, although an e3value model and BPMN model represent the same ecosystem, their perspectives differ significantly. Therefore an automated derivation of an e3value model from a BPMN seems not to be feasible, but we can assist the e3value model designer with practical guidelines. We illustrate our guidelines by means of a case study about financial securities trading.

Original languageEnglish
Title of host publicationThe Practice of Enterprise Modeling
Subtitle of host publication14th IFIP WG 8.1 Working Conference, PoEM 2021, Riga, Latvia, November 24–26, 2021, Proceedings
EditorsEstefanía Serral, Janis Stirna, Jolita Ralyté, Jānis Grabis
PublisherSpringer Science and Business Media Deutschland GmbH
Pages153-167
Number of pages15
ISBN (Electronic)9783030912796
ISBN (Print)9783030912789
DOIs
Publication statusPublished - 2021
Event14th IFIP WG 8.1 Working Conference on the Practice of Enterprise Modeling, PoEM 2021 - Riga, Latvia
Duration: 24 Nov 202126 Nov 2021

Publication series

NameLecture Notes in Business Information Processing
Volume432 LNBIP
ISSN (Print)1865-1348
ISSN (Electronic)1865-1356

Conference

Conference14th IFIP WG 8.1 Working Conference on the Practice of Enterprise Modeling, PoEM 2021
Country/TerritoryLatvia
CityRiga
Period24/11/2126/11/21

Bibliographical note

Publisher Copyright:
© 2021, IFIP International Federation for Information Processing.

Keywords

  • BPMN
  • Business model
  • Ecosystems
  • Process model
  • Value

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