Understanding the new current expected credit loss (CECL) regulation, how it impacts an organization, and how to go about implementing and managing a response program will be critical for firms carrying financial assets covered by the accounting standard update. Companies will need to understand the history and lifecycle of their data and processes, and engage […]
Posts Tagged ‘Data Stewardship’
Data Governance Organizations – Tying them all together
In my last blog posting, I talked about the Subject Area Data Stewardship Subcommittee and how it is the forum for collaboration and stewardship over a specific data subject area or domain. In this article, I will describe three key roles involved in Data Governance and Stewardship organizations which are critical for setting and maintaining […]
BI Tools – Data Entry
Data entry isn’t something most would put on a list of BI tools. But here’s my thought: I have yet to see a BI system of any size that doesn’t have some need for data entry of some kind, whether maintaining a small reference table or pulling the system’s configuration levers or correcting erroneous inbound […]
Data Governance and Data Stewardship – keys to successful enterprise data initiatives
When embarking on enterprise data initiatives, such as Meaningful Use, BI or supporting the conversion to ICD-10, success is very often correlated to the degree of business involvement. For enterprise data initiatives, there are three types of business (here meaning non-IT) involvement required: Stakeholder involvement (these, of course, are the people for whom we are […]