Kalido Software for Data Governance

09 June 2010, 12:04pm

SAN DIEGO, CA - June 08, 2010) - Data Governance Annual Conference - Kalido, the leading independent provider of data governance solutions, announced today a new software product that will enable organizations to more effectively manage data governance programs and, as a result, dramatically improve data quality.

Kalido(R) Data Governance Director(TM) will increase the success of data governance programs by enabling companies to manage data policies, operationalize data governance processes, and measure and monitor compliance across the enterprise.

Kalido Data Governance Director will be generally available in Q4 2010. Pricing starts at $275,000. A free community edition will be available in Q3 2010 and will include unified business modeling, data governance scope definition and policy creation, and industry standard integration of process, data and organizational models.

Kalido Data Governance Director complements Kalido's current data governance portfolio which includes Kalido(R) MDM(TM) and the Kalido(R) Information Engine(TM), creating a robust information management solution that supports the business process of data management by governing data as a shared enterprise asset. Kalido Data Governance Director will... Manage Data Policies byProviding a common, pervasive, more visible policy layer on top of existing data repositories including operational systems, data warehouses, master data hubs and integration infrastructure. Collaboratively defining data policies in the context of current state business process, data, system and organization models, aligning them with business objectives. Accelerating deployment by leveraging existing investments in data models, process models, data quality rules and related software through an open application programming interface (API). Operationalize Data Governance Processes byOrchestrating comprehensive data governance processes including data policy creation, change management, communication, implementation, issue tracking, and remediation. Demonstrating to auditors and regulators a transparent and auditable end-to-end process for managing data policies. Managing performance of the data governance program by tracking and reporting key operational metrics. Measure and Improve Data Policy Compliance byMonitoring, measuring and reporting compliance with data policies over time to drive continuous improvement. Triggering timely issue resolution by notifying all stakeholders when data policies are violated. Prioritizing issues based on economic impact of non-compliance by tracking the relationship between data quality and business performance metrics. Enabling Data GovernanceAn Accenture report on the data governance market commissioned by Kalido states that "data governance efforts today have focused on organizational and process aspects. The missing component has been the technology support for a data governance organization model."

The lack of enabling technologies has limited widespread adoption of data governance:

Attempts have been made to implement and manage data governance by email, PDFs, Word documents and spreadsheets. This manual process is error prone, time consuming and lacks mechanisms for ensuring compliance and measuring business impact.

Policies and processes resulting from resource-intensive data governance studies and pilot projects often don't make it past the documentation phase.

Successful data governance programs must:

Align data policies with business objectives and engage business as a partner and data steward;

Orchestrate those processes across a distributed organization;

Manage roles and responsibilities;

Provide accessible and clearly defined policies;

Demonstrate a clear return on investment.

Kalido

Geo: International