Data Management and Governance Services

Book excerpt: Organizations across industries are embracing data management and governance practices, primarily driven by regulation and service excellence. While it is equally important to set up a data office, it is also crucial to ensure sustainability of the function. Also, data governance is a pervasive enabler that supports a firm's corporate governance principles. The book highlights how an Enterprise can: -Overcome challenges in data offices today -Analyze existing data management strategy and capabilities to traverse maturity -Set up metadata and data quality management as services and successfully operationalize them -Formalize governance as a function through an operating model, based on its enabling culture -Define a benefits realization model to assess and monitor the value of managing and governing data