Data Governance and Management Community of Practice
Join MISMO's Data Governance and Management CoP!
MISMO's Data Governance and Management Community of Practice (CoP) is responsible for building a framework and providing resources that enable organizations across the industry to leverage, adopt and implement data governance and management best practices in concert with adoption of MISMO industry standards.
"For an industry that is so rapidly adopting digital technologies, protecting data and ensuring data accuracy has become paramount," said MBA Vice President of Industry Technology Rick Hill. "By collaborating to establish an industry resource for data governance and management best practices, MISMO will offer a valuable resource for companies that would otherwise need to create their own methods for managing data. We anticipate the work created by this group will be of enormous benefit to all industry participants who want to improve data quality and accountability."
Data management standards are needed to ensure the integrity, security and availability of mortgage data, especially when working with a variety of cloud-based and on-premise systems. This MISMO group is working to identify and adopt existing data governance and management best practices wherever possible. As gaps are identified they will create and implement data governance and management best practices that can be used by mortgage industry participants as well as those in the MISMO community, with the goal of streamlining the adoption of MISMO standards throughout the mortgage industry.
Specifically, the Data Governance and Management Community of Practice is tasked with creating a data governance strategy and operating model as well as a data accountability framework and templates for developing data quality rules, metadata and data lineage.
If you are interested to participate with this group and are already a MISMO member you may join the collaboration site that has been established on "MISMO Connect". If you are not a member of MISMO, let us know that you would like to participate by sending an email to email@example.com. For information on how to become a MISMO Member, see here.
Jennifer Schultz, Freddie Mac, Chair
Jonathan Pain, Actualize Consulting, Vice-Chair