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What is data governance? Best practices for managing data assets

CIO Business Intelligence

The Business Application Research Center (BARC) warns that data governance is a highly complex, ongoing program, not a “big bang initiative,” and it runs the risk of participants losing trust and interest over time. The program must introduce and support standardization of enterprise data.

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What is Data Lineage? Top 5 Benefits of Data Lineage

erwin

These tools range from enterprise service bus (ESB) products, data integration tools; extract, transform and load (ETL) tools, procedural code, application program interfaces (API)s, file transfer protocol (FTP) processes, and even business intelligence (BI) reports that further aggregate and transform data. Data Quality.

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What is BCBS 239 Compliance?

Octopai

It will not surprise you to learn all 11 of the bank-relevant principles are related to data in some form or fashion. Here’s a sampling: – Principle 1 covers data governance, including “a firm’s policies on data confidentiality, integrity, and availability, as well as risk-management policies.”.

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Success Stories: Applications and Benefits of Knowledge Graphs in Financial Services

Ontotext

This shift of both a technical and an outcome mindset allows them to establish a centralized metadata hub for their data assets and effortlessly access information from diverse systems that previously had limited interaction. There are four groups of data that are naturally siloed: Structured data (e.g.,

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How To Complete Complex Impact Analysis In Just ONE DAY

Octopai

GIGO may be an old refrain, but it likely gave rise to the concept of what we know as ‘business intelligence’. BI has helped enhance a company’s ability to process large amounts of data. Perhaps most frustrating for FCSA was the major data-quality issues that arose due to manual, error-prone data processing.

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The art and science of data product portfolio management

AWS Big Data

Trunk (core data products) – Core data products are those that are central to the organization’s ability to function, and from which the majority of other data products are derived. Organizational governance for these data products typically favors availability and data accuracy over agility.