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Why Flexible Data Management Is So Important in GRC

Data plays a vital role in business, enabling companies make more informed choices and drive growth. However, managing this abundance of data can www.boardroomreview.blog/change-of-company-directors-common-actions/ be a daunting task. To ensure that your business can take advantage of all the benefits that data has to offer the organization, a flexible approach for managing data is crucial.

Flexibility is essential in any GRC program since it allows organizations to adapt to the changing needs. Flexible strategies, like metadata driven data dictionaries, data lineage records and business glossaries, can assist in addressing these issues. Flexible data management allows companies to stay clear of costly platform-based data units, such as warehouses and data ponds, which can be difficult to move or scale up in order to meet the demands of the market.

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

The best way to ensure your company’s data management systems remain flexible is by designing your solutions with the end in mind. This means agreeing on what data and results your company hopes to achieve so that you can effectively structure and set up your systems to align with those goals. Using the right tools, like MarkLogic’s semantic capabilities, will allow you to rapidly expand your data infrastructure without losing control over your sensitive information.

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