Concepts
What does DAMA stand for?
Data Administration Management Association
Which committee has oversight over the Data Governance Committee?
RMICC - Risk Management and Internal Control Committee
Definition: A type of data element maintained in a system that is either management reported, financial/ regulatory reported and/or is critical to managing the business.
Critical Data Element
T/F : The Data Governance Committee must approve on ALL additions, deletions or changes to data in a system.
True
This tool allows for video/audio/message/content sharing of data to help facilitate employee productivity in a safe and secure manner at the bank.
Jabber
Definition: The processes, roles, policies, standards, and metrics that ensure the effective and efficient use of information in enabling an organization to achieve its goals.
Data Governance
Who is the person or role within an organization that is responsible for ensuring the quality and fitness for purpose of the organization's data assets?
Data Steward - DGWG
The Data Governance tool that CDO implemented in 2024, which holds the data dictionary, business glossary and data lineage.
Data Galaxy
Definition: A centralized repository of metadata that describes the structure, content, and meaning of data assets, such as databases, tables, and fields.
Data Dictionary
Who is the Chief Data Officer at Bank of China NYB?
Robert (Bob) Ridings
What are Key Performance Indicators?
The measure of values that exhibit how effective an organization is performing.
T/F : One of the many Data Stewards responsibilities is IT System maintenance.
False
IT System Maintenance is the role of ADC.
What is metadata ?
Metadata is information that describes a data point or data set, best described as "data about data"
What is the meeting frequency of the DGWG/ DGC ?
Monthly Meeting Frequency
How many BOC branches are located in the US and name them?
4
BOC NYB
BOC QNB
BOC CHB
BOC LAB
What does the following represent ?
Accuracy, Completeness, Consistency, Integrity and Timeliness
The key dimensions of Data Quality
Who is the person or role within an organization that is responsible for managing and organizing their departments' records in compliance with legal and organizational policies?
Record Coordinator
Definition: The ability to trace the movement of data from the source (origination and/or authoritative data source) to the target destination or point of end usage (e.g. reporting) while documenting metadata information of all the steps in the middle.
Data Lineage
Data quality measurement includes establishing DQ measurement workflows, setting data quality tolerances, etc.
What is an example of a data quality rule listed in the DG DQ Procedure?
a. Dummy Data
b. Cross-Field Referential Integrity
c. Negative
d. Zero
e. Domain Value
f. Pattern Matching
g. Null/Blank
Definition: A field of science concerned with creating computer systems that can perform tasks that typically require human intelligence, such as learning, reasoning, and decision-making.
Artificial Intelligence
The RACI matrix clarifies roles and responsibilities. What does RACI stand for ?
R- Responsible
A- Accountable
C-Consulted
I-Informed
What are the 2 statuses that a record can have?
Active Record & Inactive Record
What is the main purpose of data movement controls (DMC)?
a. to compare data to metadata
b. to ensure that the target data is in alignment with the source data feeds
c. to measure business trends
b. to ensure that the target data is in alignment with the source data feeds
How many phases are in the data lifecycle and list the phases?
There are 6 phases in the Data Lifecycle.
1. Creation (Creation and Collection)
2. Store (Maintenance)
3. Use
4. Share (Organization and Distribution)
5. Archive (Retention)*
6. Destroy (Disposal)*
What is it called when LGO issues a hold notice on the destruction of records?
Legal Hold