About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Data Governance “Poorly Practised”

Subscribe to our newsletter

The concept of data governance is one much bandied about in EDM circles, especially as the notion of purely centralised data management morphs into a more pragmatic strategy of centralised control over distributed data stores. But, as is well documented in a new white paper written by Baseline Consulting and sponsored by master data management hub provider Siperian, putting data governance into practice is no mean feat.

As the author, Baseline partner Jill Dyche, writes: “The goal of data governance is to establish and maintain a corporate-wide agenda for data, one of joint decision making and collaboration for the good of the company. It’s a joint effort between the business and IT, and one that’s so far been at best misunderstood, and at worst poorly practised.”

There are several reasons for the failure of data governance, Dyche says, including relying on IT and business data managers to bring data governance to life. “These individuals… may… lack the organisational clout to influence development and participation in a business-sanctioned data governance undertaking.” Another is that data governance councils tend “to simply fade away”.
Baseline recommends a four step process to create a sustainable data governance framework. First, design the data governance, establishing guiding principles, decision rights and decision making bodies. Second, overcome organisational barriers. Third, enact and oversee. Refine goals and resources and communicate performance results. Four, deliver and measure benefits.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: End-to-End Lineage for Financial Services: The Missing Link for Both Compliance and AI Readiness

The importance of complete robust end-to-end data lineage in financial services and capital markets cannot be overstated. Without the ability to trace and verify data across its lifecycle, many critical workflows – from trade reconciliation to risk management – cannot be executed effectively. At the top of the list is regulatory compliance. Regulators demand a...

BLOG

Pilot-to-Production Discussion to Open First AI in Data Management Summit NYC

The countdown has begun to the inaugural A-Team Group AI in Data Management Summit NYC. Leading figures from the worlds of data and finance will gather at the event to consider the most pressing matters facing them as their companies embed artificial intelligence into their operations. The Summit builds on the success of 15 years...

EVENT

ExchangeTech Summit London

A-Team Group, organisers of the TradingTech Summits, are pleased to announce the inaugural ExchangeTech Summit London on May 14th 2026. This dedicated forum brings together operators of exchanges, alternative execution venues and digital asset platforms with the ecosystem of vendors driving the future of matching engines, surveillance and market access.

GUIDE

Regulatory Data Handbook 2022/2023 – Tenth Edition

Welcome to the tenth edition of A-Team Group’s Regulatory Data Handbook, a publication that has tracked new regulations, amendments, implementation and data management requirements as regulatory change has impacted global capital markets participants over the past 10 years. This edition of the handbook includes new regulations and highlights some of the major regulatory interventions challenging...