Capability-Driven Design of Business Service Ecosystem to Support Risk Governance in Regulatory Ecosystems
Risk-based regulation and risk governance gain momentum in most sectorial ecosystems, should they be the finance, the healthcare or the telecommunications ecosystems. Although there is a profusion of tools to address this issue at the corporate level, worth is to note that no solution fulfils this f...
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| Format: | Article |
| Language: | English |
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Riga Technical University Press
2017-04-01
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| Series: | Complex Systems Informatics and Modeling Quarterly |
| Subjects: | |
| Online Access: | https://csimq-journals.rtu.lv/article/view/1693 |
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| _version_ | 1832542944724254720 |
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| author | Christophe Feltus Eric Grandry François-Xavier Fontaine |
| author_facet | Christophe Feltus Eric Grandry François-Xavier Fontaine |
| author_sort | Christophe Feltus |
| collection | DOAJ |
| description | Risk-based regulation and risk governance gain momentum in most sectorial ecosystems, should they be the finance, the healthcare or the telecommunications ecosystems. Although there is a profusion of tools to address this issue at the corporate level, worth is to note that no solution fulfils this function at the ecosystem level yet. Therefore, in this article, the Business Service Ecosystem (BSE) metamodel is semantically extended, considering the Capability as a Service (CaaS) theory, in order to raise the enterprise risk management from the enterprise level up to the ecosystem level. This extension allows defining a concrete ecosystem metamodel which is afterwards mapped with an information system risk management model to support risk governance at the ecosystem level. This mapping is illustrated and validated on the basis of an application case for the Luxembourgish financial sector applied to the most important concepts from the BSE: capability, resource, service and goal. |
| format | Article |
| id | doaj-art-22494f4f7c4b4f07a46b2f4c095997cf |
| institution | Kabale University |
| issn | 2255-9922 |
| language | English |
| publishDate | 2017-04-01 |
| publisher | Riga Technical University Press |
| record_format | Article |
| series | Complex Systems Informatics and Modeling Quarterly |
| spelling | doaj-art-22494f4f7c4b4f07a46b2f4c095997cf2025-02-03T12:03:19ZengRiga Technical University PressComplex Systems Informatics and Modeling Quarterly2255-99222017-04-01010759910.7250/csimq.2017-10.051008Capability-Driven Design of Business Service Ecosystem to Support Risk Governance in Regulatory EcosystemsChristophe Feltus0Eric Grandry1François-Xavier Fontaine2Luxembourg Institute of Science and Technology, 5 avenue des Hauts-Fourneaux, 4362 Esch-sur-Alzette, LuxembourgLuxembourg Institute of Science and Technology, 5 avenue des Hauts-Fourneaux, 4362 Esch-sur-Alzette, LuxembourgFonction Publique, 4 Place de l’Europe, 1499, LuxembourgRisk-based regulation and risk governance gain momentum in most sectorial ecosystems, should they be the finance, the healthcare or the telecommunications ecosystems. Although there is a profusion of tools to address this issue at the corporate level, worth is to note that no solution fulfils this function at the ecosystem level yet. Therefore, in this article, the Business Service Ecosystem (BSE) metamodel is semantically extended, considering the Capability as a Service (CaaS) theory, in order to raise the enterprise risk management from the enterprise level up to the ecosystem level. This extension allows defining a concrete ecosystem metamodel which is afterwards mapped with an information system risk management model to support risk governance at the ecosystem level. This mapping is illustrated and validated on the basis of an application case for the Luxembourgish financial sector applied to the most important concepts from the BSE: capability, resource, service and goal.https://csimq-journals.rtu.lv/article/view/1693Servicecapabilityresourceecosysteminformation securityriskrisk managementrisk governancesystemic governance. |
| spellingShingle | Christophe Feltus Eric Grandry François-Xavier Fontaine Capability-Driven Design of Business Service Ecosystem to Support Risk Governance in Regulatory Ecosystems Complex Systems Informatics and Modeling Quarterly Service capability resource ecosystem information security risk risk management risk governance systemic governance. |
| title | Capability-Driven Design of Business Service Ecosystem to Support Risk Governance in Regulatory Ecosystems |
| title_full | Capability-Driven Design of Business Service Ecosystem to Support Risk Governance in Regulatory Ecosystems |
| title_fullStr | Capability-Driven Design of Business Service Ecosystem to Support Risk Governance in Regulatory Ecosystems |
| title_full_unstemmed | Capability-Driven Design of Business Service Ecosystem to Support Risk Governance in Regulatory Ecosystems |
| title_short | Capability-Driven Design of Business Service Ecosystem to Support Risk Governance in Regulatory Ecosystems |
| title_sort | capability driven design of business service ecosystem to support risk governance in regulatory ecosystems |
| topic | Service capability resource ecosystem information security risk risk management risk governance systemic governance. |
| url | https://csimq-journals.rtu.lv/article/view/1693 |
| work_keys_str_mv | AT christophefeltus capabilitydrivendesignofbusinessserviceecosystemtosupportriskgovernanceinregulatoryecosystems AT ericgrandry capabilitydrivendesignofbusinessserviceecosystemtosupportriskgovernanceinregulatoryecosystems AT francoisxavierfontaine capabilitydrivendesignofbusinessserviceecosystemtosupportriskgovernanceinregulatoryecosystems |