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master data management (MDM)

Why Data Compliance is Critical for Your Business

The regulatory environment is a complex one that impacts all facets of a business. And if dealing with the continually evolving South African compliance landscape is not challenging enough, companies must also keep in mind new EU regulations that can also affect them even if they do not have operations there. Much of this comes down to how data is managed, the expectations of regulators, and how customers are influenced by this both locally and abroad. Every company, regardless of industry, uses data to improve engagement, enhance business processes, drive product innovation, and differentiate itself in a competitive market. As such, data must be managed as the mission-critical asset it is. This extends to policies, stewardship (as it pertains to the management and oversight of data), and ...