Govern All Data
Effective data governance spans both structured and unstructured data. Providing a holistic view of all operations and customer interactions, enables informed, data-driven decisions.
Data governance ensures accuracy, security, and compliance in an complex and continuously evolving data landscape, thereby fostering trust and risk mitigation by utilizing a single source of truth.
Effective data governance is imperative for organizations to navigate the complexities of data risk and privacy and security regulations while ensuring data accuracy, security, and regulatory compliance. A structured approach to data governance helps ensure the processes are well understood, the people who are responsible know their roles, and fortifies operations, builds trust, and optimizes strategic initiatives.
Establish a FrameworkAn effective data governance framework defines roles, responsibilities, and critical business processes. This framework encompasses both structured data (i.e. customer transactions) and unstructured data (i.e. emails and documents).
Define StandardsData governance standards must be clearly defined and regularly enforced. This involves periodic data cleansing, validation, and integration procedures to ensure accurate and reliable information for decision-making.
Define PoliciesData governance policies need to align with industry standards and regulatory requirements to ensure compliance and prevent penalties or reputational damage.
SafeguardRobust security measures, aligned with your standards and policies, are essential. Access controls, encryption, and authentication protocols must be in place to safeguard sensitive data against breaches or unauthorized access.
MonitorA continuous monitoring and improvement process is crucial. Regular audits and reviews ensure that data governance practices remain effective and adapt to evolving technological and regulatory landscapes.
Tools and Assets
Data management software, metadata management systems, and data cataloging tools are used to track and manage data assets. Axxiome's deep financial services expertise and experience delivering a wide variety of data governance projects has resulted in referenceable clients and several strategic partnerships with industry leading data governance software providers. Together, we provide best-in-class data governance solutions and advisory services to ensure data accuracy, reliability, compliance and security.
Axxiome's consultants bring deep industry-agnostic experienced in successful implementations and will help establish your data governance program and enable your team to run it long term to scale with your organization.
- Effortlessly share knowledge across the organization.
- Eliminate uncertainty and instill trust in data.
- Optimize processes and drive enterprise value through workflow collaboration.
- Enhance decision-making, mitigate risks, and drive revenue.
- Ensure security and privacy compliance.