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The Diaku Axon data governance platform addresses regulated industries

The Diaku Axon data governance platform is designed to assist financial institutions as well as other industries with complex regulatory compliance environments.

The Diaku Axon data governance platform enables business analysts, data stewards and other users to access, search and view data in a 360-degree context that includes the data's dependencies, processes and attributes. While originally targeted at the banking industry, Axon is also intended for any company in a regulated industry that needs a governance platform that's both business-friendly and capable of enforcing regulatory compliance policies. The Diaku data governance platform provides multidimensional views of data and metadata and their complex relationships to data sources and other content.

How does Diaku Axon support data governance tasks?

Axon's features generally fall into one of three categories:

  1. Building inventories of data and associated content, policies, projects and business processes.
  2. Describing, defining and mapping the data resources and their relationships to people, business processes and other content.
  3. Searching and accessing data, metadata and their context.

The Diaku data governance platform features include data quality rules and standards, graphical maps of the end-to-end data lineage, analysis tools, search tools and local data dictionaries with business definitions. The platform also provides usage information, properties and structures, and a common taxonomy that maps to departmental or industry terms to avoid mistakes in meaning. Data quality dashboards for displaying quality-related metrics can be customized to whatever quality initiative the user is supporting, whether it's compliance with the Sarbanes-Oxley Act in the U.S. or customer verification processes.

To help ensure good governance practices, users are assigned roles such as analysts, data owners, data stewards or supplementary roles with differing levels of access to local and central data sets. The role management functions include role capture, sign-offs and workflow for managing changes. A regulatory response manager builds a library of regulatory text, captures requirements and automatically parses regulatory documents.

Who benefits from using Diaku Axon?

Diaku's data governance software was initially designed for financial firms, but the company is branching out to other industries with complex regulatory compliance environments. Industry accelerators provide the relevant glossary terms, workflows, policies and other aspects necessary to adapt Axon to an individual industry. Diaku also sells a regulatory impact assessment module, which adapts to multiple industries.

Axon is available via a cloud subscription or on-premises license. In both cases, the company offers an "all you can eat" pricing model that includes unlimited users, profiles and data volumes. Contact Diaku directly for specific pricing and licensing information.

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This was last published in October 2016

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