Why Flexible Data Management Is So Important in GRC

Data plays a crucial role in business, helping businesses make better decisions and drive growth. However, managing this wealth of data can be a challenging task. To https://boardroomreview.blog/virtual-data-room-prices-for-organizing-future-costs/ ensure that your company is able to take advantage of all the benefits data has to offer and more, a flexible approach to managing data is vital.

Flexibility is crucial in any GRC program as it allows organizations to adapt to the changing demands. In rigid models, data silos create barriers and barriers to sharing but flexible methods such as metadata-driven data dictionaries, business glossaries and data lineage records could assist in addressing these problems. Flexible data management allows companies to stay clear of costly platform-based data units, like warehouses and data ponds which are often difficult to migrate or scale up to meet increasing demands.

In this episode of GRCM & ME, LogicGate’s Director of Customer Success Szuyin Leeow explains why flexibility is important in GRC. She discusses how to integrate it into your data management strategy.

It is crucial to create your data management solutions with the final goal in mind. It is essential to establish the insights and outcomes your company hopes to achieve, in order to design and build systems to be in line with these goals. Utilizing the right tools, such as MarkLogic’s semantic capabilities will also allow you to quickly scale your data infrastructure without losing control over your sensitive data.