Why Flexible Data Management Is So Important in GRC

By 21 april, 2024Uncategorized

Data plays a vital role in business, helping businesses make better decisions and help drive growth. However, managing this abundance of data can be a challenging task. Flexible data management is crucial to ensure that your company is able to reap the benefits of data.

Flexibility is the key to any GRC program because it allows organizations to adapt to the changing needs. Flexible approaches, such as metadata driven data records, dictionaries, data lineage and business glossaries, can assist in addressing these issues. Flexible data management allows companies to avoid expensive platform-based data units, such as warehouses and data ponds which are difficult to migrate or scale up in order to meet growing demands.

LogicGate Director of Customer Success Szuyin Leow explains why flexibility is so important in GRC and how you can incorporate it into your strategy for managing data in this episode of our podcast GRCM, GRCM & Me.

The best way to ensure that your organization’s solutions for managing data remain flexible is by designing your solutions with the end in mind. This involves deciding on what insights and outcomes your business hopes to achieve, so that you can effectively structure and configure your systems in line with the goals. Using the right tools like MarkLogic’s semantic capabilities can allow you to rapidly expand your data infrastructure without losing control of your personal data.

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