The Data and Analytics Playbook: Proven Methods for Governed by Lowell Fryman

By Lowell Fryman

The information and Analytics Playbook: confirmed tools for ruled information and Analytic Quality explores the way facts keeps to dominate budgets, besides the various efforts made throughout a number of enterprise enablement tasks, together with purposes, internet and cellular computing, great facts analytics, and conventional information integration.

The publication teaches readers the way to use confirmed tools and accelerators to wreck via information hindrances to supply swifter, better caliber supply of undertaking severe courses. Drawing upon years of useful event, and utilizing various examples and a simple to appreciate playbook, Lowell Fryman, Gregory Lampshire, and Dan Meers speak about an easy, confirmed method of the execution of a number of info orientated actions. additionally, they current a transparent set of the way to offer trustworthy governance, controls, hazard, and publicity administration for company info and the courses that depend upon it.

In addition, they speak about a cheap method of supplying sustainable governance and caliber results that improve venture supply, whereas additionally making sure ongoing controls. instance actions, templates, outputs, assets, and roles are explored, in addition to varied organizational types in universal use this day and the methods they are often mapped to leverage playbook information governance during the organization.

  • Provides a mature and confirmed playbook technique (methodology) to permitting facts governance that helps agile implementation
  • Features particular examples of present demanding situations in firm danger administration, together with anti-money laundering and fraud prevention
  • Describes company profit measures and investment techniques utilizing publicity established fee types that increase threat versions for fee avoidance research and sped up supply ways utilizing info integration sprints for program, integration, and data supply success

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Example text

Rather, we provide leadership to data officers, part-time data stewards, and subject matter experts in business and operational areas so they can work together to govern and improve their data. Getting to cost-effective stewardship requires a balance of training, mentorship, and experience. Traditional training approaches have given way to more effective and repeatable methods. Classroom training is still used, but leaders have moved toward using a “Khan Academy” approach with Learning Management Systems (LMS) and other online means of delivering knowledge and supporting collaboration among the stewardship community.

Anti-Money Laundering (AML), Watch List Monitoring (OFAC), Financial Planning and Analysis (FP&A), and Comprehensive Capital Analysis and Review (CCAR) are all examples of programs required in financial services firms that demand multiple data capabilities and outcomes. Data for your imperatives must be traced, cataloged, and tested for integrity regularly, because the outputs of these programs are regulatory reports and filings requiring executive attestation. ITAM, or IT Asset Management, Information Security and Privacy (CISO/CPO), and Governance and Regulatory Compliance (GRC) are all ongoing corporate functions with similar data requirements.

The other challenge is that, in many organizations, these models are not uniformly defined or deployed at the enterprise level. Acquired companies, now run as and pockets of “legacy” systems and stores, each have their own governance model or activities. Many look more similar to this monolith than they do to newer models and approaches. It is wise to review the various models, efforts, and resources in place, rather than assume they are up to date. However, we know that improving data and its outcomes takes a much less monolithic and much more iterative set of actions.

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