A data governance tool is a software that helps organizations manage and oversee their data assets. This involves creating and maintaining an inventory of metadata about the company’s data assets along with automated mechanisms for enforcing policies on data and ensuring its quality. It also includes creating processes for analyzing, collecting and analyzing data and recommending solutions. Data governance is an essential element of a successful strategy to manage data that gives benefits to an organization’s customers and helps to achieve its digital transformation goals.
The top-rated tools for data governance are Collibra (formerly Erwin Data Intelligence), Informatica, and Talend. Each of them offers a range of capabilities including data catalogs, policy management and visualization of data lineage. Collibra has the added benefit of a data jumpstart service that helps organizations accelerate their data governance MDM and other projects.
Other features that are essential include data stewardship, workflow automation, glossary of data and meta data management. By utilizing these tools it is possible for a business to create an open language and enhance collaboration with other teams in the company. It can automate tasks and ensure that governance procedures are updated whenever the business’s requirements change.
The best tools for data governance provide data privacy capabilities. They allow companies to classify personal data and protect ecodataroom.com it while ensuring compliance with privacy regulations. These tools can also identify and flag data risks which allows businesses to react to security breaches and other incidents.