IG 2.0 Framework
At many financial services firms, information governance (IG) is regarded as a cost of doing business, focused exclusively on risk reduction and keeping ongoing investment at levels that meet a minimum threshold of adequacy.
Doculabs has worked with the leading industry firms, and we contend that there is intrinsic value in the information itself – information that can be leveraged to generate revenue, improve operational efficiency, and enable competitive advantage.
We offer a framework for information governance that’s designed to help financial services firms derive value from their information management competencies, making IG a source of competitive advantage and strategic value. The components of the Doculabs IG 2.0 Framework include:
Organizations that have implemented our IG framework recognize a wide range of benefits, including consolidation of governance disciplines and activities and avoidance of regulatory fines. But Doculabs’ framework also provides increased opportunity to leverage improved information management for business value in areas such as the following:
- Company Brand
- Customer Data
- Product Development Knowledge