scope:

The purpose of business analysis is to achieve a better understanding of the Business Area and Business Processes for which ISO 20022 compliant Business Transactions and Message Sets will be developed:;Describing the Business Processes, including the Business Roles and their need for Business Information, helps in the identification of the communication problems that exist among the organizations that take part in these processes. Those communications problems are the main drivers for the next phase (requirements analysis).;Identifying Business Information manipulated in a Business Area is also important because the Messages;that will be designed in later phases;will contain data elements that are related to this Business Information. An explicit link between Business Elements/Components and Message Elements/Components will be helpful for interoperability, for later maintenance and for change management: if something changes in a Business Area, it will be possible to identify the impact on previously defined Messages.