Improving Data Governance Through Automated Processes in Financial Services
Author(s):
Srujana Manigonda
Data governance plays a crucial role in ensuring compliance, managing risks, and maintaining operational efficiency in the financial services industry. However, managing large volumes of data and adhering to strict regulatory requirements can be challenging. This paper explores the impact of automating data governance processes to address these challenges. By leveraging automated pipelines for metadata validation, ownership management, and data quality checks, financial institutions can significantly reduce manual intervention, improve data accuracy, and ensure consistent compliance with governance policies. Additionally, the implementation of centralized dashboards for real-time monitoring of data governance metrics enhances transparency, accountability, and decision-making. The paper highlights the benefits of automation in enhancing efficiency, scalability, and sustainability of data governance frameworks, offering valuable insights for financial services organizations looking to strengthen their data governance practices in an increasingly data-driven regulatory environment.
