article thumbnail

Data Governance in Financial Services: How to Ensure Data Integrity for Risk Management and Reporting

Astera

Introduction   As financial institutions navigate intricate market dynamics and heighten regulatory requirements, the need for reliable and accurate data has never been more pronounced. This has spotlighted data governance—a discipline that shapes how data is managed, protected, and utilized within these institutions.

article thumbnail

Data Governance vs. Data Management: Understanding the Key Differences

Astera

In such a scenario, it becomes imperative for businesses to follow well-defined guidelines to make sense of the data. That is where data governance and data management come into play. Let’s look at what exactly the two are and what the differences are between data governance vs. data management.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Enterprise Data Management: Strategy, Benefits, Best Practices

Astera

This article covers everything about enterprise data management, including its definition, components, comparison with master data management, benefits, and best practices. What Is Enterprise Data Management (EDM)? Data breaches and regulatory compliance are also growing concerns.

article thumbnail

Data Quality Framework: What It Is and How to Implement It

Astera

As important as it is to know what a data quality framework is, it’s equally important to understand what it isn’t: It’s not a standalone concept—the framework integrates with data governance, security, and integration practices to create a holistic data ecosystem.

article thumbnail

What Is Data Management and Why Is It Important?

Astera

When data is organized and accessible, different departments can work cohesively, sharing insights and working towards common goals. Data Governance vs Data Management One of the key points to remember is that data governance and data management are not the same concepts—they are more different than similar.

article thumbnail

Unifying Data from Multiple Sources: Data Integration and Data Consolidation in Data Preparation 

Astera

One of the key benefits of a data lake is that it can also store unstructured data, such as social media posts, emails, and documents. This makes it a valuable resource for organizations that need to analyze a wide range of data types.

article thumbnail

Data Quality Tools: Top 8 for 2023 & Beyond

Astera

Reusable Scripts: Astera streamlines data preparation with efficient, reusable scripts across workflows, promoting automation, efficiency, and consistency. Data Security and Compliance: The tool has security and compliance features, safeguarding your data and ensuring adherence to relevant regulations.