How to Select a Data Governance Tool

A data governance tool helps determine the policies, roles and responsibilities regarding your company’s data. It also helps to make available data more easily accessible and understandable. It can automate and organize your governance activities with out-of-the-box or customized workflows, and allow you to spot possible data risks quickly. Some tools also provide analysis of data lineage as well as other features that can aid in reducing risk of compliance.

Understanding your requirements is essential prior to deciding on a tool for data governance. This includes identifying the type of data you’d like to control along with the data flows and how you plan to expand your efforts. Think about whether you need an effective data governance system that is standalone or one with other capabilities like data integration, data quality and master data management.

Collibra: This platform geared towards enterprise provides automated governance and management solutions for both structured and unstructured data. Its capabilities include allowing stakeholders to collaborate, providing instant access to correct information and a support desk. It also lets you create views based on roles and uses machine learning to categorize data assets, and to discover connections and lineages.

Quest was formerly known as Erwin is an unifying software suite that offers data governance catalogs of data, business intelligence, and data quality management. It can be deployed on servers or as a cloud service. It supports a variety of formats and sources.

Riskonnect: This software facilitates collaboration between data managers and subject matter experts, as well as other stakeholders. It accomplishes this through an interactive dashboard based on roles and an engine for workflow that comes pre-installed. It helps identify and automate tasks, as well as provide a central location for documents such as contracts, credentials and other documents. It also facilitates the automated curation of information and provides business glossaries as well as support for semantic lineage analysis.

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