Banking and Capital Markets
- Home
- >
- Industry
- >
- Banking and Capital Markets
- >
- Features & Opinions Select
Features & Opinions
A Top-Down Approach to Data Governance
Financial services companies need to accurately plan, measure and monitor data quality to ensure effective data governance, according to Jamuna Ravi, Vice President and Delivery Head, Banking and Capital Markets, Infosys , and Joe Delauro, Principal Technical Architect, Banking and Capital Markets, Infosys. In an article published in b-eye-network.in , our experts provide a framework to understand the challenges and develop a road map for effective data governance.
Our experts believe that a framework is imperative because measuring data quality is highly subjective. Companies weigh the cost of data accuracy against their notion of acceptable rate of transaction failure.
Infosys’ framework for data governance incorporates:
- Quality Planning: Identifies which quality standards are relevant, determines how to satisfy them and establish a quality management plan to attain quality
- Quality Control: Monitors the work results (not the process) to ensure that it satisfies the requirement
- Quality Assurance: Continually examines the output of quality planning and quality control, and finds ways to improve the process
Read
In the News
Sourcing at your fingertips:Global Sourcing Essentials
Everything you wanted to know about global sourcing, in five easy parts.
Download your copy
