Concepts
What does DAMA stand for?
Data Management Association
What is the meeting frequency of the DGWG/ DGC ?
Monthly Meeting Frequency
What is the term? : 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 production system.
For example: Adding a new data field in RTO
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
What is the term? : 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
What is the term? : A centralized repository of metadata that describes the structure, content, and meaning of data assets, such as databases, tables, and fields.
Data Dictionary
What is the BI tool that CDO uses for interactive dashboards?
Qlik sense / Qlik
The measure of values that exhibit how effective an organization is performing.
Key Performance Indicators
T/F : One of the many Data Stewards responsibilities is IT System maintenance.
False
IT System Maintenance is the role of ADC.
What is the term? : Information that describes a data point or data set, best described as "data about data"
Metadata
Fill in the blank :
BOC’s US banking operations consist of Bank of China US New York Branches and its satellite branches licensed by__________
Office of the Comptroller of the Currency (“OCC”)
Fill in the blank:
The ____________specifies what records must be retained (record types) and for what length of time (retention periods) to meet applicable legal or business requirements.
Record Retention Schedule (RRS)
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
What is the term? : 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/ Machine Learning
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 term?: A cohesive set of data assets that provide trusted, timely and secure information to support a business process.
Authoritative Data Source (ADS)
How many phases are in the data lifecycle and list one of 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