Annual Performance Plan 2013
Print- Data Governance
- Facilities Infrastructure
- Maximizing the Value of Human Capital
Strategic Theme 2: Data Governance
- Objective 2.1: Improve data governance by establishing a new office of the Chief Data Officer (CDO) and ensuring that there are clear roles and responsibilities among the CDO, the Board Data Council (BDC), and data users.
- Objective 2.2: Ensure that all enterprise data are handled, processed, stored and disseminated by professional data management groups.
- Objective 2.3: Strengthen the Board's data environment by establishing an infrastructure to share data and improve opportunities for data integration that supports the Board's research and analytical capabilities.
Redesign data governance and management processes to enhance the Board's data environment.
Objective 2.1: Improve data governance by establishing a new office of the Chief Data Officer (CDO) and ensuring that there are clear roles and responsibilities among the CDO, the Board Data Council (BDC), and data users.
In this Section:
The CDO and BDC will work with Board staff to develop an enterprise-wide approach to data governance and management. Board divisions will participate in designing the overall data environment that support the data needs of Board functions.
Projects and Initiatives
- Create the Office of the Chief Data Officer (OCDO) mission, charter, goals, and competencies.
Objective 2.2: Ensure that all enterprise data are handled, processed, stored and disseminated by professional data management groups.
In this Section:
The CDO and BDC will develop data standards that support monetary policy, supervision, financial stability, consumer protection, and economic research, while striving to meet the needs of the research and supervision communities.
Projects and Initiatives
- Launch the Board Data Council--comprised of key enterprise stakeholders--to support enterprise-wide data governance policies, processes, definitions, standards, and metrics. (Also addresses objective 2.1.)
Objective 2.3: Strengthen the Board's data environment by establishing an infrastructure to share data and improve opportunities for data integration that supports the Board's research and analytical capabilities.
In this Section:
Strategic investments in the data environment will address the changing landscape of data needs. This improved data environment will help establish a sharing infrastructure that facilitates internal and external access to data.
Projects and Initiatives
- Develop the enterprise data strategy to strengthen the Board's data environment.
