On 10.3.2011 I gave an invited 1,5 hour talk on "Process Modeling and Analysis in Banks" within QUT's BPM Seminar Series. In this talk I outlined substantial parts of my current PhD research on business process modelling and analysis in the banking industry.

I set out with giving an overview on the current status quo and challenges of process modelling and analysis in the banking sector in Germany, Switzerland and Austria. Continuing, I gave an introduction to semantic business process modelling and how this new approach was adapted to the banking sector to ease the effort of modelling, enable process analysis and ease the communication of the resulting process models. I also introduced a new approach to business process analysis, with a focus on extracting information from semantic business process models by using pattern search and key indicators for analysing processes with regard to business process optimization potentials and for benchmarking purposes. Finally, I gave an introduction on banking sector specific extensions of these new approaches for the purpose of identifying, modelling and analysing operational risks in business processes, as well as modelling business process rules and analysing business process compliance.
I very much appreciated that many current BPM researchers from QUT's BPM Group as well as SAP Research in Brisbane attended this seminar session, as QUT's BPM Group is one of the largest BPM groups in the world with a high international visibility and recognized for cutting-edge academic BPM research, published in leading IS journals and conference proceedings. Thanks to the abundant BPM research stems, ranging from process and service modling, context-aware and risk-aware business process modeling to workflow management at the QUT, I also highly enjoyed much of the constructive feedback on research methods and significant contributions of my current research results.

As a follow-up during and after my presentation I had the opportunity to get in close contact with dedicated BPM researchers to outline future possibilities for joint research collaboration, especially in the area of organizational process modeling and risk-aware business processes.

Researchreport: