Data Governance
Industry
Client is a global financial services giant headquartered in New York City. They specialize in investment management, investment services, and wealth management. Formed in 2007 from the merger of The Banks of New York and Mellon Financial, it's known as the world's largest custodian bank and securities services company.
Short Term Goal
Assess, understand and document current state data governance asset model; Advise, Guide client to build a integrated Enterprise Data Management Planform.
Long Term Goal
Data Stewardship Program Build a better operation process and procedure for Enterprise data governance and data quality programs/teams.
Challenges
- Business functions data maturity level - poor
- Teams are working in Silos withal Enterprise Data Management department
- Communication Gap
- No stewardship program
- Don't have a EOM strategy which is aligned to organizational strategy.
- Reactive mode for implementing data governance and Quality programs
How MSQUARE added value
- MSQUARE implemented a system to catalog critical data (BCBS 239, CCAR, Credit Bureau) and ensure its quality for accurate regulatory and internal reporting - Data Governance for Regulatory Compliance.
- MSQUARE designed and implemented a training program for stakeholders to effectively manage data using the modernized platform, ensuring data quality and compliance. - Data Stewardship Program Launch.
- MSQUARE provided expertise and resources to support the organization's implementation of a unified - Master Data program - Master Data Program Support.
- MSQUARE helped create and manage a single, centralized repository for the organization's master data - Single Source of Truth Established.
- MSQUARE Implemented a system to catalog and manage reference data across various tools (Collibra, Alation, Informatica, etc.) - Reference Data Cataloging.
Services Delivered
- Implementation
- Managed services
Technology
- Data Governance Tools
- Collibra, Alation
- Informatica Axion, IBM Business Glossary
- Data quality Tools
- Ab Initio Express IT
- Metadata Hub (custom tool)
- Informatica Data Quality, Collibra DQ
- Informatica PowerCenter
- Attacama
- Talend
- SAP Oracle Enterprise Data Quality