A data governance tool helps organizations to manage their data assets. This includes creating and maintaining an inventory of metadata about the company’s data assets and automating mechanisms for enforcing policies on data and ensuring the quality of. It also involves establishing procedures for collecting and analyzing the data, identifying any gaps and recommending solutions. Data governance is a crucial element of a successful strategy for managing data that offers value to an organization’s business users and supports its digital transformation goals.

The most popular tools for managing data include Collibra and erwin Data Governance (formerly erwin Data Intelligence), Informatica and Talend. All of these tools offer a variety of capabilities that include data catalogs and policy management and visualization of data lineage. Collibra also offers a data jumpstart that will help organizations accelerate their data governance, MDM, and other projects.

Other essential features include data stewardship, workflow automation, glossary of data and meta data management. These features allow a company to establish a common language, and increase collaboration within the organization. It can help automate tasks and make sure that governance procedures are updated as the business evolves.

Some of the top tools for data governance find out also offer data privacy capabilities. These tools let businesses categorize personal data and safeguard it while ensuring compliance with privacy regulations. These tools can also identify and flag risks for data, which can help tackle security breaches and other issues.