Cloud-Based SaaS Solution Empowers Business Users to Design, Analyze and Set Data Policies across the Corporate Landscape
South Harwich, MA – October 31, 2016 – BackOffice Associates, a worldwide leader in information governance and data modernization solutions, today debuted Information Governance Cloud™ (IGC), a cloud-based Software-as-a-Service (SaaS) solution that empowers business users to design, analyze and institutionalize enterprise-wide data policies. The company’s award-winning Data Stewardship Platform (DSP), which is natively integrated with the new SaaS offering, extends the solution to automatically execute and enforce these policies across an organization’s full application data landscape.
“Multi-national corporations rely on massive amounts of complex data from multiple heterogeneous systems to make critical business decisions every day so it’s more important than ever to align corporate data policies to organizational strategies and structure,” said Rex Ahlstrom, Chief Strategy Officer, BackOffice Associates. “We specifically designed Information Governance Cloud as a single solution to help enterprises establish and manage all information governance and stewardship activities that will drive optimal business outcomes.”
According to Forrester Research’s independent report, The Forrester Wave™: Data Governance Stewardship Applications Q1 2016 report, “Many firms’ data governance capabilities fall short of addressing business users’ demand for improved collaboration, impact analysis, and data valuation within the context of data governance. Vendors that can provide these capabilities in addition to solid integration with data management tools position themselves to successfully deliver business value out of data governance.”
Modernizing the governance user experience and addressing this gap, Information Governance Cloud enables organizations to drive maximum business value from their data by providing a holistic understanding of business information across the enterprise, regardless of where it resides. The solution allows business users to quickly and easily manage the complexities of cross-application data policies and collaborate with stakeholders and reviewers. It then transfers the policy designs to corporate data, where execution and enforcement are ensured and measured.
Information Governance Cloud offers a single portal to a full suite of governance policy management capabilities to be introduced over time, with the initial release featuring Process Designer™, a collaborative business process modeling and design workspace for the business processes, scenarios, roles and tasks that make up governed data processes.
Information Governance Cloud is designed to help businesses gain value in the following ways:
- Improves profit margins and cash flow by optimizing finance-centric policies around spending, distribution and channel activities
- Reduces costs by enabling reuse of governance assets and designs
- Proactively improves operational efficiency and prevents downtime due to errors
- Optimizes data policy management in storage and legacy system strategies
- Enables a first-rate customer experience through faster, more accurate data and transactions
- Streamlines HR hiring, training and onboarding through better policy decisions
- Ensures regulatory compliance based on companywide data policies and reporting requirements
The BackOffice family of information governance products enables organizations to oversee and orchestrate all their governance and stewardship business processes in one place, under one console. Information Governance Cloud, coupled with BackOffice’s Data Stewardship Platform, effortlessly manages cross-application governance processes that are typically not easily handled by systems dedicated to a single environment. In addition, it extends the value of traditional MDM and data governance tools by integrating them into one end-to-end business process.
About BackOffice Associates
BackOffice Associates is a worldwide leader in information governance and data modernization solutions, focusing on helping customers manage one of their most critical assets – data. Our range of award-winning products, built on a revolutionary platform, address the needs of business users seeking to unlock the value of their data assets. Our products and services enable organizations to accelerate growth, gain actionable visibility and reduce risks. Founded in 1996, we have an unparalleled record of success in the most complex data environments across a variety of industries. Customers include many Fortune 1000 companies including Eli Lilly, Kraft and Graybar. BackOffice Associates is a global corporation headquartered in Massachusetts with additional offices in the U.S., Australia, Canada, Dubai, India, Singapore, Switzerland and the U.K. To learn more, please visit www.boaweb.com.
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