EDM Council Issues Data Management Capability Guidelines
Data Management Capability Assessment Model offers best practice and objectives
The EDM Council has issued its Data Management Capability Assessment Model (DCAM), a set of best practices and criteria for measuring such capabilities in the financial services industry.
DCAM names eight categories of tasks necessary for data management and 15 objectives firms must pursue concerning a control environment comprised of parameters for it.
The categories are meant to achieve certain aims, according to Mike Atkin, managing director of the EDM Council. "First are the core principles
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