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Data Governance – Core Benefits

Reducing Risk
General Risk ManagementOversight of the risks data poses to finances or reputation, including response to legal (E-Discovery) and regulatory issues.
Data SecurityProtection of data assets through controls for the availability, usability, integrity, consistency, auditability, and security of data.
PrivacyControl of private confidential Personal Identifying Information (PII) through policy and compliance monitoring.
Improving Processes
Regulatory ComplianceThe ability to respond efficiently and consistently to regulatory requirements.
Data Quality ImprovementThe ability to contribute to improved business performance by making data more reliable.
Metadata ManagementEstablishment of a business glossary to define and locate data in the organization; ensuring the wide range of other Metadata is managed and made available to the organization.
Efficiency in Development ProjectsSDLC improvements to address issues and opportunities in data management across the organization, including management of data-specific technical debt through governance of the data lifecycle.
Vendor ManagementControl of contracts dealing with data, such as cloud storage, external data purchase, sales of data as a product, and outsourcing data operations.

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