Data governance is a set of policies and procedures adapted by mid to large organizations to enhance operational efficiency, manage effectively, and manage risk and compliance. Data Governance is performed throughout the Master Data Management, Data Quality, and business process improvement initiatives.
Data Governance facilitates organizations to exercise control over data handling, data access, data modification and data archiving by data stewards, data custodians and business users. It emphasizes various components of data life cycle :
- Who – Who has the authority to see and access the data
- Why – What is the business purpose for accessing or using the data
- When – At what stage of the application and for what duration users can have access to data
- What – Which data items, level of summarization, detail information are allowed
Cube Intelligence helps organization to effectively implement Data Governance policies by bringing people, processes, and technology together with a common set of business goals.