Data Governance : Strategic and Practical Data Management Framework

Transcription

1 2008 Database Grand Conference Key Note Speech Data Governance : Strategic and Practical Data Management Framework Focused on Reference Data 지티원 대표이사이수용

2 Contents 1. Introduction: Compliance & Governance 3. Implementation Strategy

3 Contents 1. Introduction: Compliance & Governance 3. Implementation Strategy

4 Issue 1. Introduction Global capital crisis exposes the failures of the neoliberal agenda The impact on the US subprime mortgage debacle The collapse of Lehman Brothers Merrill Lynch acquired by Bank of America Perfect Storm More Regulations! Compliance! Copyright All Rights Reserved ㅣ Page. 4

5 Factors Driving the Uncertainty that Contributes to the Crisis 1. Introduction Uncertainty caused by External Factors Political Economic Regulatory Strategic Market Capital Crisis Reporting Master Data Mgmt. Risk & Profitability Computation Models Compliance Operational Factors Uncertainty caused by Internal Factors Copyright All Rights Reserved ㅣ Page. 5

6 What is Compliance? 1. Introduction Acting in accordance with established laws, regulations, protocols, standards, and specifications Globalization of Regulations [ Source, Anthony Tarantino ] SOX PCAOB Basel II HIPAA GLBA EU DPD IFRS AML FDS SOX (Sarbanes-Oxley Act) / PCAOB (Public Company Accounting Oversight Board) HIPAA (Health Insurance Portability and Accountability Act ) / GLBA (Gramm-Leach-Bliley Act ) EU DPD (Data Protection Directive) / IASC s IFRS (International Financial Reporting Standards) AML (Anti Money Laundering) / FDS (Fraud Detection System) Copyright All Rights Reserved ㅣ Page. 6

7 Compliance & Governance Frameworks 1. Introduction Basel II IFRS COSO Integrated Framework Governance PCAOB AML IMA CARD Model ITGI COBIT Structure SOX EU DPD ITIL ISO Process ISO Data HIPAA FDS 6 Sigma Copyright All Rights Reserved ㅣ Page. 7

8 Compliance & Governance Frameworks 1. Introduction Basel II IFRS COSO Integrated Framework Governance PCAOB AML IMA CARD Model ITGI COBIT Structure SOX EU DPD ITIL ISO Process ISO Data HIPAA FDS 6 Sigma Data Governance Copyright All Rights Reserved ㅣ Page. 8

9 Contents 1. Introduction: Compliance & Governance 3. Implementation Strategy

10 What is Data Governance? Formal orchestration of people, process, and technology to enable an organization to leverage data as enterprise asset Processes Availability Accessibility People Required to manage and ensure Data Quality Consistency Auditability Technologies Security Copyright All Rights Reserved ㅣ Page. 10

11 Why Data Governance? Growing Revenue Business Drivers Lowering Costs Ensuring Compliance Ensure data meets the needs of the business! Protect, manage, and develop data as a valued enterprise asset! Transparency elimination of uncertainty Copyright All Rights Reserved ㅣ Page. 11

12 Data Governance Focus Areas Focus Areas Enterprise Initiatives Policy, Standards, Strategy Enterprise Data Management Data Quality Business Process Reengineering Privacy, Compliance, Security Master / Meta Data Management Architecture, Integration Risk Management Data Warehouse and BI SOA Management Support Data Governance Prototype [ Source, The DGI Data Governance Framework ] Copyright All Rights Reserved ㅣ Page. 12

13 Data Governance Focus Areas Focus Areas Enterprise Initiatives Policy, Standards, Strategy Enterprise Data Management Data Quality Business Process Reengineering Privacy, Compliance, Security Master / Meta Data Management Architecture, Integration Risk Management Master/Meta Data Warehouse and BI Data SOA Management Support Management Data Governance Prototype [ Source, The DGI Data Governance Framework ] Copyright All Rights Reserved ㅣ Page. 13

14 What is Enterprise Data? 6 Layers of Data by Malcolm Chisholm Reference Data Transaction Audit Data Transaction Activity Data Transaction Structure Data Enterprise Structure Data Reference Data Metadata Technical metadata Business metadata Business Transaction Data Business Master Data Data about data Information frequently used for reference, no matter where it came form For all industries (Finance, Manuf. etc.) Business code, system code, etc. Master Data Data that runs the enterprise Referenced all over the enterprise, in multiple systems Copyright All Rights Reserved ㅣ Page. 14

15 Master Data Management Master Data Management is simply a way to provide consistent, comprehensive core information across an enterprise Same master data should be used across the enterprise MDM Foundation Single Version of Truth Keeping the master data up to date Data Quality & Standards Data Stewardship Data Governance Different processes and applications result in multiple views of the same data Customer Service CRM Sales Trade Finance Product ERP Marketing Copyright All Rights Reserved ㅣ Page. 15

16 Capturing Business Rules as Metadata 8 Responsibilities of Data Steward Authorization of Access Management of Business Rules Management of Metadata Data Quality Maintenance of Data Distribution of Information Data Source Management Support the User Community [ William Inmon, Business Metadata ] Business rules can be implemented as metadata for an enterprise's operational and strategic information management systems Source code does not need to be changed only the content of the business rule is changed Definitions of business terms Data integrity constraints Mathematical and functional derivations Logical inferences Processing sequences Relationships among facts about the business [ Alan Perkins, PWC Consulting ] Copyright All Rights Reserved ㅣ Page. 16

17 Enterprise Business Reference Data Linking reference data and business rules as metadata Reference Data Business codes, System codes, Domains etc. Enterprise Business Reference Data Business Knowledge as metadata Business Rules Business Metadata Source code does not need to be changed only the content of the business rule is changed Business rule changes are a simple process by business owner Changes in the rules have little or no impact on installed software Copyright All Rights Reserved ㅣ Page. 17

18 Business Reference Data Governance Strategy Application No source code change Business change by business manager Enterprise Business Reference Data Biz Metadata Data standardization Data model & structure management Business Reference Data Governance Framework Process Data Quality Dependency Analysis Establish standard governance process for over all data, application Change management based on workflow Constant data quality management Data quality monitoring Change impact analysis for reference data, meta data, & application Copyright All Rights Reserved ㅣ Page. 18

19 Enterprise Data Governance Framework Business Applications Facilities ERP MES CRM IFRS AML FDS Master Data Management Meta Data Management Enterprise Business Reference Data Management Data Quality Management Infrastructure Data Interface Extract, Transform, Translate Messaging & Communication Data Model Workflow Impact Analysis Report Copyright All Rights Reserved ㅣ Page. 19

20 Business Reference Data Management Framework Client Managed Objects Reference Data Mgmt Data Dictionary Data Model & Structure Process Mgmt Dependency Analysis DB Info. Adapter Program Case Tool Administrator Report Base Engine (Workflow, Business Rules) Model Info. Adapter DBMS Biz Rule Document OLAP ETL Metadata Repository Biz Standards Code values Term. Models Dependency Data flow Calc. Expressions Message Domain Schema Quality Others Business Reference Data Technical Metadata Copyright All Rights Reserved ㅣ Page. 20

21 Business Reference Data Management Maximize business agility by linking metadata, reference data, business rules Business Business Applications IT Business rule change by biz owner not IT Process improvement Reference System flexibility Minimize IT burden Biz Structure Business rules & information Business Reference Data Metadata Reference Data, Metadata etc. 업무 DB Master Data Meta Data Integrated Repository Governance Business & IT Alignment Data Consistency Measure & Control based on Plan Do Check Act Copyright All Rights Reserved ㅣ Page. 21

22 Business Reference Data & Applications Applications will use single version of reference data Shorten business change process - no source code changes On demand system simulation & deployment Metadata Business Reference Data Standardized Terms, Biz meta Automatic Linking Master code generation (Business code values) Biz info. Calc. Codes Others Business / IT APIs Biz Applications using single version of reference data App (API) APP (API) APP (API) Copyright All Rights Reserved ㅣ Page. 22

23 Contents 1. Introduction: Compliance & Governance 3. Implementation Strategy

24 Phased Approach 3. Implementation Strategy Implementing data governance at once is not practical. Recommending phased approach based on strategic priority. Big Bang Approach Change Management Risk Cut-over Risk Business Reference Data Life Cycle Assessment Phased Approach Phased approach based on strategic priority Adequacy verification and acceleration of spreading followed by learning Data Governance Implementing Roadmap Data Quality Assessment Metadata Assessment Metadata Mgmt. & Gov. Data Quality Mgmt. & Gov. Business Reference Data Mgmt. & Gov. Copyright All Rights Reserved ㅣ Page. 24

25 Implementation Range 3. Implementation Strategy Metadata Mgmt. & Gov. Data Quality Mgmt. & Gov. Reference Data Mgmt. & Gov. Data Standards Data Quality Index & CTQ Reference data usage map Collecting metadata Collecting business/data rules Reference data life cycle Standards & collection gap Data quality assessment definition Phase Range analysis Metadata change management Cause analysis Tracking application/process Reference data flow arrangement Data flow arrangement Reference data change Improving data quality management Regular data quality monitoring Metadata Management solution IT Range Data Quality Assessment & Management solution Application Impact Analysis solution Data Integration (ETL, EAI) solution Reference Data Management solution Copyright All Rights Reserved ㅣ Page. 25

26 Conclusion Linking reference data and business rules as metadata - promoting dramatic process innovation Time to business Single version of truth Maximum flexibility Reduce system maintenance No affecting implementation Business Reference Data Governance Framework Application Enterprise Business Reference Data Metadata Process Data Quality Dependency Analysis Copyright All Rights Reserved ㅣ Page. 26

27 지티원 영등포구문래동 3 가 에이스하이테크시티 2 동 501 호 TEL (02) ( 代 ) FAX (02)