Data management & governance system
Data management & governance system
In today’s world, data has become the most valuable asset for entities and organizations. However, effective data management can be a significant challenge due to the massive increase in data volumes.
How can organisations organise, manage, and retrieve all this data?
How can they efficiently and smoothly handle this enormous amount of data?
Renad Al-Majd Group (RMG) offers the ideal solution through it's OUR Data Management and Governance System.
For further information, contact us now.
What is the Data Management and Governance System?
The system is an advanced and innovative platform provided by Renad Al-Majd Company to assist data management offices (DMO) within entities and organizations.
Its aim is to enhance the quality and value of data by developing plans, policies, and practices specific to data management.
Additionally, it ensures compliance with the policies and standards issued by the National Data Management Office (NDMO) and automates their implementation.
What does the Enterprise Data Management (EDM) system offer to organizations?
Systematic Data Management
With the system, you can identify and organize data priorities systematically.
Data Protection
The system ensures data storage and access management, guaranteeing the preservation of files from loss or damage while maintaining their security and confidentiality.
Data Management Plan
It ensures the implementation of a strategic plan for data management.
Monitoring Initiatives and Projects
The system accurately tracks initiatives and projects related to data management and governance.
Document Management
Users can add, classify, and save data-related documents within the system.
Risk Management
It provides tools and indicators to measure and enhance data quality and value, as well as identifying opportunities, challenges, and associated risks.
Compliance Management with National Data Management Office (NDMO) Controls and Standards
The system ensures compliance monitoring with policies and national standards issued by the National Data Management Office (NDMO), facilitating collaboration and coordination among various stakeholders involved in compliance monitoring.
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Benefits of Enterprise Data Management (EDM) and Governance
Simplified Data Management
The EDM system simplifies data management processes
Enhanced Operational Efficiency
It improves organizational efficiency by automating workflows and ensuring greater compliance with data regulations.
Reduced Time and Effort
It minimizes the time and effort required for organizing data
System Components
The EDM and governance system comprises several components covering the entire data lifecycle, from creation to removal:
Data Management Framework: The system provides automation for the data management framework, which serves as the foundation for governance and data management within the organisation.
This framework consists of three levels:
Domain Level
Identifies different domains where data is utilised within the organisation.
Control Level
This specifies the controls and standards that must be implemented in each domain
Control Specification Level
Details the implementation specifics.
This comprehensive structure ensures efficient data governance and management across the organisation.
