Why Flexible Data Management Is So Important in GRC

Data is a vital part of business. It assists companies in making better decisions and drives growth. It can be difficult to manage this abundance of data. To ensure that your organization is able to take advantage of all the benefits that data can bring an adaptable approach to managing data is crucial.

Flexibility is key in any GRC program because it allows organizations to adapt to changing requirements. Flexible approaches, such as metadata-driven data records, dictionaries, data lineage and business glossaries, can assist in addressing these issues. Flexible data management allows companies to avoid costly platform-based data units like data warehouses and data ponds which can be difficult to move from or scale up to meet growing demands.

LogicGate Director of Customer Success Szuyin Leow talks about why flexibility is so important in GRC and how you can incorporate it into your strategy for managing data in this episode of our podcast,”GRCM & Me.

It is important to design your data management solutions with an final goal in mind. This involves deciding on what you want to gain from your business and the results it is hoping to achieve, so that you can efficiently structure and configure your systems to meet the goals. Using the right tools, like MarkLogic’s semantic capabilities, can allow you to quickly scale your data infrastructure without losing control of your sensitive information.