Collibra, a global data governance provider, has released a new product suite, designed to help large, complex financial institutions directly address some of their most challenging regulatory compliance and data reliability challenges.

Designed for scalability, ease-of-use, and quick deployment, Collibra's new Data Governance Center for Financial Services can be deployed across multiple countries, divisions, and business units.

Designed specifically to address the needs of business users from all aspects of the enterprise, the suite includes a total of three out-of-the-box building blocks to help today's financial institutions:

Federated organizational model. Allows large and complex financial services organizations to drive their strategic data governance compliance program across the entire enterprise, taking into account the specificities of different business units such as sales, marketing and finance.

Critical Data Elements (CDE) Framework. Allows financial Institutions to show regulators they can efficiently define their data based on what is critical to their business and the regulator's requirements. Comes with configurable meta-model and templates to support the CDE implementation.

Data Stewardship. Makes ownership and responsibilities transparent, actionable and auditable as required by the regulator.  Comes with roles and responsibilities and pre-defined data stewardship workflows to streamline efficiencies.