Client Needs & Objectives
In a context of multiple regulatory developments (BCBS239, FED regulatory reporting, GDPR…), a Tier 1 Bank needed assistance in implementing its Data Governance framework.
The objectives were fivefold:
- Design DG Target Operating Model and associated roadmap
- Establish Program foundations
- Identify DG stakeholders and initiate engagement
- Implement DG framework over the normal course of business
- Scale across additional data domains
Our approach
- Assess the current state and develop goals and guiding principles
- Define TOM and DG mandates
- Build a 18-month roadmap
- Establish and staff Data Governance office
- Propose Data Domains and draft DG charter and norms
- Define Data Architecture requirements and develop DG tool strategy plan
- Identify and onboard Data Stewards, Owners, Custodians, Stakeholders and broad communication to Data Community
- Establish Data Domains and prepare Business Glossary, Data quality framework and Data Lineage
- Scale and automate key processes
