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A data custodian ensures: Access to the data is authorized and controlled; Data stewards are identified for each data set; Technical processes sustain data integrity; Processes exist for data quality issue resolution in partnership with data stewards; Technical controls safeguard data; Data added to data sets are consistent with the common data ...
A data steward may share some responsibilities with a data custodian, such as the awareness, accessibility, release, appropriate use, security and management of data. [1] A data steward would also participate in the development and implementation of data assets.
However, data has staged a comeback with the popularisation of the term big data, which refers to the collection and analyses of massive sets of data. While big data is a recent phenomenon, the requirement for data to aid decision-making traces back to the early 1970s with the emergence of decision support systems (DSS).
A data steward is a role that ensures that data governance processes are followed and that guidelines are enforced, and recommends improvements to data governance processes. Data governance involves the coordination of people, processes, and information technology necessary to ensure consistent and proper management of an organization's data ...
Effective EDM usually includes the creation, documentation and enforcement of operating policies and procedures associated with change management, (i.e. data model, business glossary, master data shared domains, data cleansing and normalization), data stewardship, security constraints and dependency rules. In many cases, these policies and ...
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The Data Owner is responsible for the requirements for data definition, data quality, data security, etc. as well as for compliance with data governance and data management procedures. The Data Owner should also be funding improvement projects in case of deviations from the requirements.
Steward-ownership is a corporate ownership structure that prioritizes the long-term independence [14] and purpose of a company. [15] While the legal implementation may vary, all steward-owned companies make a legally binding commitment to two core principles: [9] [16] self-governance and purpose-driven profit allocation.