Definitions[]
Financial market[]
A business process is
| “ | [a] collection of linked activities that takes one or more kinds of input and creates an output that is of value to an FMI's stakeholders. A business process may comprise several assets, including information, ICT resources, personnel, logistics and organisational structure, which contribute either directly or indirectly to the added value of the service.[1] | ” |
General[]
A business process is "[a] group of logically related tasks that are performed together to accomplish an objective."[2]
Business processes are
| “ | [p]rocesses that are the primary functions that the entity performs in accomplishing its mission. Examples include, financial management processes, such as collections, disbursements, or payroll; and mission-related processes, typically at the program or subprogram level, such as education, public health, law enforcement, or income security.[3] | ” |