EDM Council launches its Data Excellence Program
We’re delighted to be Certified Founder Partners of this exciting new initiative!
Read about how we’ve been helping Africa’s Standard Bank on their data excellence journey!
DCAM® is the Data Management Capability Assessment Model, developed by the Enterprise Data Management (EDM) Council. It’s a framework that describes what’s needed to effectively manage your data, as well as an assessment tool for measuring your capabilities.
Use the model to guide your Data Management activities
Measure the perception and/or evidence of your capabilities
Compare your score with the EDM Council industry benchmark
Uplift your capabilities and demonstrate improvement over time
Prove the value of your data program with an independent metric
We literally know DCAM inside out! Not only are we DCAM Authorised Partners, we’re deeply involved in the development and promulgation of new versions of the framework, so we understand the thinking behind the words, and the direction it’ll be going in the future.
Ortecha is one of only 30 DCAM Authorised Partners worldwide
We lead the EDM Council’s Best Practice program
Our consultants are fully accredited Assessors and Trainers
We’re experienced at leading assessments of all formats
We understand how to apply DCAM to practical activities
We have trained
people in DCAM
We have analysed
DCAM artefacts
We have asked
DCAM assessment
questions!
A DCAM Assessment quantifies your data management capability. We can survey or interview representative stakeholders and review your artefacts, then calculate your score.
Once you know your DCAM score, the next challenge is to improve it. We can analyse your assessment results, identify the best areas to tackle first, and create an achievable roadmap.
Adopting the DCAM framework means getting your head around quite a bit of information. We can provide EDMC accredited training to take you through it all step by step.
DCAM describes what aspects of Data Management are needed but not how to deliver them. We use best practice to help you develop your processes, models and documents.
The CDO Data Governance team of a US-based Global Systemically Important Bank (G-Sib) released a data policy update with a two-year, three-step compliance schedule.
They needed to align the policy to a defined set of data management capabilities to establish a road map for executing against the phased policy compliance.
They also required a formal evidence-based mechanism to monitor policy compliance across the Enterprise and Business Unit operating levels that would support internal and external audit review, with a focus on BCBS239 compliance.
Executed a global capability assessment using the EDM Council’s DCAM framework
Created a Knowledge Model of the bank’s Data Management Policy & Standards, DCAM, and the EDM Council’s BCBS239 Model
Completed a challenge review of the business unit compliance artefacts to evidence the assessment scores
Clear and concise business unit level data policy compliance road maps
Tangible process to meet regulatory requirements, aligned to building sustainable data management capabilities
Transparent and measurable compliance road map to inform internal and external auditor conversations
A Big 4 UK Bank had launched a three-year strategic transformation programme, but with no clear understanding of its existing Data Management capabilities, nor a strategy for how they could be improved.
The Chief Data Officer needed a means of measuring the current state, defining targets across the three years and then managing delivery.
Established their baseline DCAM score, and reassessed every 6 months
Defined achievable DCAM targets that were adopted as board metrics
Recommended focus areas for uplift, to move them towards their next target
Mapped programme plan milestones to the DCAM elements, to aid tracking
Trained key staff in the DCAM framework and coached the CDO team
Clear view of Data Management capability across the bank
Data Management improvements delivered across all business critical divisions
DCAM targets achieved and metric now comparable to industry peers
Data culture foundations set via awareness of DCAM and what it means to the bank’s long term business and data strategy
There is absolutely no doubt I have real experts working with my team from Ortecha who are passionate about Data Management and the impact it can have.
To read our Data Leaders Guide to implementing DCAM, please submit this form and you’ll be emailed a link.
We hope you enjoy it! Please get in touch if you have any questions.
In the summer of 2019, we teamed up with DAMA UK to present a webinar on DCAM, including the history of how and why it was created, an explanation of the model structure* and advice about how to use it effectively.
If you have any questions please get in touch.
* Please note, this refers to DCAM version 1.3 – the latest version is 2.2 but the same principles apply!
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