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Development of Government Interoperability Framework (GIF) financial sector implementation Data Model

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In the "digital society for the Realization of Priority plan" approved by the Cabinet on June 9, 2023, "transactions (ordering, invoicing, and settlement)" has been designated as one of the fields in which mutual cooperation between information systems across industries is important.

Overview

Digital Agency has developed the financial sector implementation Data Model as part of the Government Interoperability Framework (GIF).

This data model was formulated based on the results of the following activities by the Finance and Payments Project conducted by the Digital Architecture Design Center (DADC) launched by the Information-Technology Promotion Agency (IPA) in response to the examination request from Digital Agency.

  • Results of the study on the data model required to realize the data connections between the billing process and the settlement process
  • Details of the discussions at the Settlement Technical Meeting, which was organized by the project in May and June 2023 and consists of experts from settlement service providers, system vendor, etc.

Based on the state of public and private efforts related to B2B transactions's digital completion and data utilization, DADC continues to conduct specific studies toward B2B transactions's Architecture design. In addition, if further efforts in the financial and settlement areas are required, DADC will conduct specific studies, such as promoting standardization and formulating a cooperative areas, in cooperation with the government and related organizations.

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