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Data governance tools organize the entirety of a company's data into a catalog that is easy to navigate. Anyone with the proper rights can view and collaborate within minutes. They also automate some functions and help improve productivity and freeing up the time of the teams working on data to focus on more complicated issues. They increase data literacy throughout the organization by providing self-service access to data.

Hevo's Data Governance tool offers a extensive set of data management capabilities, including a data catalog, metadata management, and data lineage. It also provides an environment for defining a the standard business glossary and data assets. The PII and other data standards can be automatically organized using sophisticated algorithms. It is a cloud-based and on-prem solution that is able to support a federated governance framework where a single system oversees master data attributes that are core to the system, while application-specific attributes are managed by separate governance systems for business units and departments.

Alation is a third vendor that offers a comprehensive set of data governance features in its data catalog. Its core technologies scan databases, data lakes and data warehouses for metadata and employ automated analysis to identify different types of data. Its data stewardship tool lets users set up policies that assign roles, and includes an analytics engine that can display trends in data usage. Alation has a diverse range of clients that include GlaxoSmithKline and the Singapore Tourism Board. It also works with NASDAQ, Autozone, NASDAQ, Air France and NASDAQ.

Another alternative is erwin. This incorporates data governance and other features in an integrated software suite. It links physical metadata with specific business terms, allowing users to find relevant information and collect it. It also allows users to analyze the lineage of the data and to audit the sets to ensure compliance. It also enables organizations to apply version controls to data quality standards and governance rules as well as monitor changes to metadata with its Data Jumpstart service.

https://ecodataroom.com/data-governance-tool-the-virtual-data-room/