Monitoring BGP can be done in various ways. First thing people want to know is if there is a way to get notifications in case a BGP peering session goes down. A pretty common way monitoring the BGP peering session state is using SNMP and the RFC1269 MIB. In OpenNMS Horizon we have the BGP session monitor which allows to track the state using the BGP peer table. The downside is, you need to configure for every peering session a monitor and this can be cumbersome and hard to maintain.