A data governance www.ecodataroom.com/data-governance-tool-the-virtual-data-room/ software allows organizations to manage their data assets. It involves creating and maintaining an centralized database of metadata about an organization’s data assets, and automating methods to enforce policies and ensure the quality of the data. It also involves developing processes for analyzing, collecting and analyzing data and offering solutions. Data governance is an essential component of an organization’s data management strategy. It provides value to business users and helps them achieve their digital transformation goals.
The top-rated data governance tools are Collibra, Erwin Data Governance (formerly erwin Data Intelligence), Informatica and Talend. Each of them provides various features, including data catalogs, policy management and visualization of data lineage. Collibra offers the additional benefit of a data-jumpstart service that allows organizations to improve their data governance processes, MDM and other projects.
Other essential features include data stewardship, workflow automation, data glossary and meta data management. These features allow a company to establish an unifying language and enhance collaboration within the organization. It can also automate tasks and ensure that governance policies are constantly updated as the business changes.
Another important feature that many of the top data governance tools provide is data privacy capabilities that allow companies to classify and safeguard personal information while making sure they comply with privacy regulations. These tools also help to identify and flag potential risks to data, assisting to combat security breaches and other issues.