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- W2064861567 abstract "Purpose – The purpose of this paper is to illustrate a business process modelling approach based on: the incorporation of the best practices in the industry; higher reliability standards for operation; real‐time settlement; improved security; and transparency in the process and information handling.Design/methodology/approach – This novel process modelling considers three major phases. First, devising a new operating model covering the following main aspects: core services, secondary services, support services, common processes for all services and, system interaction with the national and international financial markets. Second, modelling of the redesigned business processes. Third, construction of a new system.Findings – Significant improvements in the five attributes mentioned above were achieved by incorporating a straight‐through continuous processing model with a single entry and exit channel, a new account structure, an intelligent pre‐settlement process, and by stressing transparency in every proc..." @default.
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- W2064861567 date "2008-06-06" @default.
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- W2064861567 title "Business process modelling for a central securities depository" @default.
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- W2064861567 doi "https://doi.org/10.1108/14637150810876706" @default.
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