Page 122 -

84 Enterprise Data Governance

Example of issues that the Financial consequences before
MDM can fix correction by the MDM system
Data quality (section 4.1)
Erroneous value of a discount Subscriptions that affects profitability
rate (abnormally low)
Poor consolidation of orders Loss of potential business with
from a partner due to partners
hetereogenous coding of
products
Inability to provide Decrease in the company’s rating by
traceability of data used for regulation auditors
the setting up of financial
statements, auditable by
regulations
Reliability of data (section 4.2)
Ambiguity in the reliability of Unnecessary disruption for third
the email address of a third parties when using the commercial
party (is it the email for email address for marketing purposes
marketing campaigns or for
commercial relations?)
Classification of financial Mediocre asset classification as the
operations by assets depending business users cannot correct the
on the requirements of a problematic classifications due to the
business regulation. This non traceability of decisions: a
classification is carried out business user cannot modify a
without the business users classification if he is unaware of the
being able to say the degree of degree of reliability of the person who
reliability with which these is responsible for it.
decisions are taken Decrease in the company rating by
regulatory auditors
Mastering operational risks (section 4.3)
Inability to detect that the Increase of a bonus fraud during the
address of a third party is change of address
modified more than five times
in one quarter
Inability to detect that a Embezzlement in financial operations
financial classification key is
created and then deleted in a
period of less than two hours