Guideline 40. Master Data Management and Master Data Governance Programmes

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The institution carries out a unique and integrated programme for master data governance aligned to ICT and organizational governance, as well as a Master Data Management Programme that implements the Master Data Governance Programme.

Guideline code
ICT_05300
Mechanism
Mechanism
  • The board should establish the corresponding Master Data Governance (MDG) and Master Data Management (MDM) Committees.
  • The Master Data Governance Programme should:
    • Cover the institution as a whole, integrating master data governance into data governance and ICT governance as well as governance of the institution in general, encompassing all functions and all relevant processes;
    • Cover the need to exchange master data with other institutions;
    • Follow the principles of Responsibility, Strategy, Acquisition, Performance, Conformance and Human Behaviour as determined in ISO/IEC 38500, through defining corresponding policies.
  • The board should validate and communicate the Master Data Governance Programme for the entire institution through appropriate actions.
  • The board should leverage the Master Data Management Programme. This implies carrying out activities to:
    • Appoint staff with appropriate skills to be in charge of the Master Data Stewardship Council;
    • Identify the ICT resources and their corresponding capabilities to support the master data management activities;
    • Lead the deployment projects of the master data management infrastructure;
    • Assess the performance of the master data management infrastructure to account to senior management.
Structure
Structure
  • The board should appoint a committee of directors – Master Data Governance Committee – in charge of the Master Data Governance Programme, and a committee for stewardship – Master Data Stewardship Council – in charge of the Master Data Management Programme.
  • The board, the management and the Master Data Governance Committee, with the assistance of the ICT governance, should issue a statement on what master data governance means for the institution.
  • The Master Data Governance Programme should apply the six principles of ICT governance and should be consistent with the mission, vision and goals of the institution.
  • The Master Data Management Programme should be aligned to the Master Data Governance Programme in order to implement and maintain the corresponding master data management information systems to support master data management operations throughout the master data life cycle.
  • The Master Data Governance Committee should develop indicators to monitor the level of implementation of the Master Data Governance Programme.
  • The Master Data Stewardship Council should develop indicators to monitor the performance of the master data management information systems and the quality levels of the master data.
  • The Master Data Governance Programme should follow the current set of Guidelines and the ISSA Guidelines on Good Governance, as well as standards and international practices on ICT (e.g. ISO/IEC 38500, COBIT®).
  • The Master Data Management Programme should follow the current set of Guidelines, particularly Section A.5, Data and Information Management, as well as standards and international practices on master data management (e.g. ISO 8000, parts 100–140; DAMA).
Title HTML
Guideline 40. Master Data Management and Master Data Governance Programmes
Type
Guideline_1
Weight
56