A data governance tool is software that helps organizations manage and oversee their data assets. This includes the creation and maintenance of a central inventory of metadata for the company’s data assets along with automated procedures for enforcing rules on data and ensuring the quality of. It also involves developing processes for collecting, analyzing and suggesting solutions. Data governance is an important element of a data management strategy that provides benefits to an organization’s customers and helps to achieve its digital transformation goals.
The top-rated data governance tools are Collibra (formerly Erwin Data Intelligence), Informatica and Talend. All of them offer various features, including data catalogs, policy management, and visualization of data lineage, and Collibra has the added benefit of a data jumpstart service that can assist organizations accelerate their data governance, MDM and other projects.
Other important features include data stewardship, workflow automation, data glossary and meta data management. With these features, a business can create a shared language and improve collaboration with other teams in the company. It can https://ecodataroom.com/importance-of-online-data-rooms-in-mergers-and-acquisitions/ help automate tasks and make sure that the governance practices are up-to-date when the business’s needs change.
Some of the top tools for data governance offer data privacy capabilities. These allow businesses to categorize personal information and protect it while complying with privacy laws. These tools also detect and flag risks to data, helping to combat security breaches and other incidents.