Definition: The framework of rules, processes, and roles that ensure the accuracy, security, and compliance of financial data throughout its lifecycle from acquisition to disposal.
Example: An example of data governance is establishing full audit trails for all data-related activities to record which users changed which data points at what time.
Explore the IVP NAV Solution
The IVP NAV Solution has built-in data governance capabilities. It enables real-time NAV finalization for multiple funds with complete traceability for specific NAV components. It centralizes NAV oversight in one intuitive experience with automated exception identification and trend analysis, so asset managers can quickly and easily remediate NAV anomalies at the key component, share class, and security level.
