Databases Reference
In-Depth Information
Table 8-1
Tracking Data Ownership
DATA
DATA
BUSINESS
PRIMARY
PRIMARY
SOURCE
AREA
DESCRIPTION
BUSINESS
SYSTEMS
CONTACT
CONTACT
Primus
Policy terms
Contains basic policy details
Ingrid
John
Primus
Policy
ownership
Contains details about the
people who have ownership
of the insurance policy
Melanie
Steve
PLAN
Policy quotes
Contains basic information
about the rating factors that
were used in developing a
quote for an auto policy
Ryan
Nancy
Primus
Claims
handling
Reporting and payments for
claims
Jonathon
Kate
SERVUS
Subrogation
Application used to track
interactions with other
insurers in order to get
reimbursed for claims for
which their policyholder was
at fault
Leah
Debbie
REUP
Re-insurance
System that is used to
manage the purchase of
re-insurance to minimize
overall risk of the company's
portfolio
Michael
Nina
In addition to business data ownership, it is also helpful to identify who can
assist with any technical questions about that data. This is usually called the
primary IT contact, and it is not the data owner.
Sometimes data ownership is assigned to whomever seems to be willing
to sign up, or someone is simply given ownership and burdened with the
assignment. This is not a recommended selection method. As the organization
matures with data governance, there are likely to be changes to who is
recognized as the data owner. This shift can begin by selecting the business
group that ultimately is responsible for that function in the business. Then,
look into that group and select a strong, experienced person to be designated as
the owner. Initially, it is easy to designate the person with the most knowledge,
but the ultimate goal is to determine, from a business perspective, where this
responsibility should truly be assigned.
The business must own the data, but IT must help to provide the mecha-
nisms to implement and support the business requirements for collecting and
handling the data.
