Over the last decade, Critical Data Elements (CDEs) have become an important concern in the data governance and data management efforts of financial services. The growing criticality of CDEs has been galvanized by two main drivers:
- The realization that the resources available within a typical data governance unit cannot scale to cover the production data landscape.
- Regulators have become increasingly focused on data.
Our Managing Critical Data Elements in Financial Services Through Agile Data Governance white paper addresses how financial services firms can identify and govern CDEs.
It also covers the Agile Data Governance model, which effectively leverages technology, is scalable across the enterprise and represents a better overall framework to govern and manage CDEs.