Canada receives Data Governance Standardisation Roadmap

Tuesday 29 June 2021 14:52 CET | News

Standards Council of Canada (SCC) has launched its Canadian Data Governance Standardisation Roadmap, which includes Open Banking and consumer-directed finance use cases, according to Open Future World.

The Canadian Data Governance Standardisation Roadmap tackles the challenging questions the industry faces regarding standardisation and data governance. It describes the current and desired Canadian standardisation landscape and makes 35 recommendations to address gaps and explore new areas where standards and conformity assessment are needed.

SCC established the Canadian Data Governance Standardisation Collaborative in 2019 to accelerate the development of industry-wide data governance standardisation strategies. The Collaborative started working together in 2019 to build a standardisation Roadmap. The Canadian Data Governance Standardization Collaborative is a group of 220 Canadians across government, industry, civil society, Indigenous organisations, academia, and standards development organisations.

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Keywords: Open Banking, Open Data Economy
Categories: Banking & Fintech
Countries: Canada
This article is part of category

Banking & Fintech