Identifying requirements for business contract language: A monitoring perspective

Neal, S., Cole, J., Linington, P. F., Milosevic, Z., Gibson, S. and Kulkarni, S. (2003). Identifying requirements for business contract language: A monitoring perspective. In: Proceedings of the Seventh IEEE International Enterprise Distributed Object Computing Conference 2003. 7th International Enterprise Distributed Object Computing Conference (EDOC 2003), Brisbane, Australia, (50-61). 16-19 September 2003. doi:10.1109/EDOC.2003.1233837


Author Neal, S.
Cole, J.
Linington, P. F.
Milosevic, Z.
Gibson, S.
Kulkarni, S.
Title of paper Identifying requirements for business contract language: A monitoring perspective
Conference name 7th International Enterprise Distributed Object Computing Conference (EDOC 2003)
Conference location Brisbane, Australia
Conference dates 16-19 September 2003
Proceedings title Proceedings of the Seventh IEEE International Enterprise Distributed Object Computing Conference 2003
Journal name Seventh Ieee International Enterprise Distributed Object Computing Conference, Proceedings
Place of Publication Piscataway, NJ, U.S.A.
Publisher IEEE - Institute of Electrical Electronics Engineers Inc.
Publication Year 2003
Sub-type Fully published paper
DOI 10.1109/EDOC.2003.1233837
Open Access Status
ISBN 0769519946
ISSN 1541-7719
Volume 2003-January
Issue January
Start page 50
End page 61
Total pages 12
Language eng
Abstract/Summary This paper compares two separately developed systems for monitoring activities related to business contracts, describes how we integrated them and exploits the lessons learned from this process to identify a core set of requirements for a Business Contract Language (BCL). Concepts in BCL needed for contract monitoring include: the expression of coordinated concurrent actions; obliged, permitted and prohibited actions; rich timeliness expressions such as sliding windows; delegations; policy violations; contract termination/renewal conditions and reference to external data/events such as change in interest rates. The aim of BCL is to provide sufficient expressive power to describe contracts, including conditions which specify real-time processing, yet be simple enough to retain a human-oriented style for expressing contracts.
Subjects 080612 Interorganisational Information Systems and Web Services
Keyword Business contract language (BCL)
Business contracts
Contract expression
Q-Index Code E1
Q-Index Status Provisional Code

 
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Created: Mon, 30 Mar 2009, 20:02:16 EST by Ms Sarada Rao on behalf of AustLit: The Resource for Australian Literature