Developing a Business Process Modeling Language for the Banking Sector - A Design Science Approach

The need to extensively analyze business processes for multiple purposes is currently of major relevance to banks. Automatically analyzing business process models not only in a syntactical but also in a semantic way becomes increasingly important in order to achieve additional value from modeling efforts. In this article, we introduce a domain-specific BPML which supports the economically efficient semantic analysis needs of banks. Hence, we develop a language using process building blocks for the specific application of IT-driven business process analysis in the banking sector. With a design science approach, we adapt a language from the public sector to the banking requirements and evaluate our findings with the help of a real-life case from the banking industry.