ABSTRACT
Introduction ........................................................................................................ 511 Standards and Interoperability ........................................................................... 515 Electronic Data Interchange ............................................................................... 518 Business Process Modeling in Developing Standards for E-Business .............. 519
Requirements on Standards Specifi cations ............................................... 521 Requirements on Implementation Methods .............................................. 521
Service Delivery and the Service-Oriented Architecture ................................... 522 Development Methods for EDI Messages ......................................................... 524
UN/CEFACT Modeling Methodology ..................................................... 524 UMM Views .............................................................................................. 525 Business Component Libraries ................................................................. 525 Core Components ..................................................................................... 526 Business Information Entities ................................................................... 526 Universal Financial Industry Financial Messages and ISO 20022 ........... 526 ISO 20022 Methodology .......................................................................... 527
Harmonization of ISO 20022 and UN/CEFACT ............................................... 529 Conclusion ......................................................................................................... 530 References .......................................................................................................... 531
International trade takes place within an organized framework according to welldefi ned rules, custom, and usage, adhered to by the key players, the traders. It can be seen as the result of a chain of interrelated activities or tasks with a specifi c purpose. This chain is also called a business process. Within a business process, a group of activities or tasks that logically belong together is called a phase.
