You must hear this often if you manage any kind of risk – risk and value go together. And that’s true, of course! It becomes evident as we hear phrases like “data is the new oil” and “data fuels the digital economy” that data must be managed actively along with technology and people. Both the data and its infrastructure must be managed for their benefits and risks. Popular data domains where risk management has extended to are data quality, regulatory and compliance reporting, ethics, privacy, data centric security, data requirement management and operations to name a few. Tejasvi Addagada has ventured into this new book to expand on this need for formalizing the management of data risks. He is a popular thought-leader in the data and analytics space and has worked with Fortune 500 companies helping them to monetize data. Tejasvi is also the author of a best-seller, data management and governance services – simple and effective approaches .
In a regular setup, a data management function should establish metrics for business processes that influence the quality of the data. This can be as simple as originating a customer through an online form by…
