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Data Governance

Unlocking the value in your data

In recent years, data governance has been propelled into the spotlight by increased regulatory pressure as a result of new legislations such as Solvency II and Basel III. However, good data governance is more than just regulatory compliance, if managed correctly it can bring benefits such as greater efficiency, visibility and cost savings.

When an organisation has implemented a successful data governance programme they can:

  • Have confidence around regulatory reporting that requires consistent, complete and accurate data
  • Combine data across channels to understand customer behaviour
  • Develop highly data dependent products and services
  • Create a cross channel personalised customer experience.

There are many activities, competencies and capabilities involved in a full data governance solution. Each of these areas has multiple touch points, making it complex to understand the challenges faced around data.

Helping to leverage a critical data asset

Data governance frameworkData governance plays a key part in unlocking the value of data, and is vital in successfully implementing data programmes.  

Data value can be realised through each of the domains in the diagram, each co-ordinated through data governance which sits at the heart.

Governance is made up of four enabling tools: processes, policies, reports and organisational structure. When successfully designed and implemented, these tools can increase the ability of the other areas of our framework to realise the value from your data.

Why Deloitte?

Our capability extends from assessment and benchmarking against industry standards, through to the design and implementation of tailored data governance frameworks for our clients. We can provide specialists to lead data governance programmes, helping you to quickly demonstrate business value, whilst also guiding and training on how to govern data effectively once we step back.

 

Contacts

  • Nick Bouch
    Director
    +44 161 455 8271
    nbouch@deloitte.co.uk
  • Oliver Courtney
    Data Governance Lead
    +44 20 7303 4537
    ocourtney@deloitte.co.uk

Related Insights

  • Bringing structure and consistency
    Read our point of view on Data Governance.
  • Insight at the heart of your organisation
    Read Deloitte partner David Blackwell’s blog.

Useful links

  • Data Quality
    Is your data giving you the insights you need?
  • ERS in Industries
    Find out what we are doing in your industry.

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