FAQs
The FAQs intends to act as a self-serve tool for members to find reliable information on the DCAM Framework, the DCAM User Group, EDM Council, and related topics.
If you have a question related to a specific best practice, please post a comment at the end of the best practice article, or browse the Forums in the Knowledge Base to engage in discussion on various topics.
Industry Benchmark
The DCAM Data Management capabilities that are required to provide the heightened level of controls on the data described in the BCBS 239 Principles have been mapped to DCAM v.1
Since DCAM is a capability model, level 5 (Achieved) is the target against the BCBS 239 mapped capabilities within the context of the Risk Data Domains and is required to provide the desired controls.
In this case, you wouldn’t need a level 5 against every function, system, domain, etc., but only against those that relate to the management of risk data.
Measuring maturity is determined by whether you have applied those capabilities to all the data in scope to BCBS 239.
For example: if you have only applied the controls to half of the data in your scope data set, you would only be 50% mature related to BCBS 239.
Updated mapping of BCBS 239 to DCAM v.2 is being developed and will be released in 2020.
The Benchmark Survey is a 24-question survey that provides an overall indicator of the level of data management capability and structure that exists across a variety of industries and countries. Since the Benchmark Survey uses the DCAM Assessment model as its framework for analysis, a method for comparing the Benchmark Survey score to a DCAM Assessment Score can be useful for further insights into an organization’s data management capabilities and how it compares to other industries.
The 24 Benchmark survey questions cover the scope of 31 DCAM Capabilities; however, since there is not a 1:1 correlation, the scores between the survey and an assessment can only be compared at the Component level — not at the Capability or Sub-capability levels.
To compare a Benchmark score with a DCAM Assessment score at the Component level, average the Benchmark scores that pertain to a particular component to calculate the Benchmark Component score that compares to a DCAM Assessment Overall Component Score.
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Yes! Our 2020 Industry Benchmark Visualization Tool allows members to create different combinations of filtering.
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No, the Benchmark Survey responses were anonymous and it cannot be determined who provided specific answers.
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The Industry Benchmark survey is completed anonymously from multiple industries (not just EDM Council members). The EDM Council has no way to determine if the returned surveys are the results of a single representative from an organization or the compilation of responses from within that organization.
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The benchmark surveys are completed anonymously with a series of profile questions that provide an analytical comparison to an organization’s DCAM Assessment scores. The demographics of the responding global organizations permit analysis of such characteristics as industry, sector, geography, data management tenure.
All of the benchmark data from completed surveys can be accessed at: https://edmcouncil.org/page/IndustryBenchmark2020
The link for the Industry Benchmark 2020 leads to a 404 error page. Any updated/working versions of this page?
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For immediate answers to questions not addressed in the FAQ above, please contact us at KnowledgeManager@edmcouncil.org
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