The use of BPMN to describe business processes in financial IT systems

the article discusses issues related to the nuances of using BPMN in order to describe business processes in financial IT systems. The relevance of this topic is explained by the rapidly growing need for effective tools to optimize business operations in the analyzed area, where their complexity, regulatory requirements, and high level of automation require the use of standards with high expressiveness. BPMN is a universal solution that can combine business and technical aspects. However, there are discrepancies in the scientific literature in assessing approaches to model specification, the choice of tools for working with BPMN, and the integration of notation into change management systems. The purpose of the study is to analyze the specifics and content aspects of using BPMN for process modeling in financial IT systems, identify its advantages and disadvantages, and identify best practices for using it. The work provides well-founded recommendations on model creation, error analysis, and work standards. In addition to the above, examples in the field of payments, lending, investments, and compliance are considered. It is summarized that BPMN facilitates visualization of complex processes, improves interaction between participants, supports automation of operations, and helps document compliance with regulatory requirements. The materials will be useful for business analysts, IT specialists, management researchers, as well as developers of BPM systems.

automation, business processes, compliance, modeling, BPMN notation, optimization, management, financial IT systems