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Data Management Capability Model (DCAM)™

DCAM PROGRAM COMPONENTS

1. DCAM Model DCAM v1.2.2 (Assessor's Guide)Scoring MethodologyDCAM / BCBS239 map  
2. DCAM Authorized Partner Program (DAP) - required for 3rd parties who want to use DCAM in client engagements. For more information    
3. Online Assessment Platform – to support scoring aggregation, links to artifacts and reporting.  For more information  
4. Benchmarking - (2017 Benchmark Summary)  
5. Facilitated DCAM Workshops – custom DCAM training for EDM Council members.  For more information  
6. DCAM Training – both DCAM Foundations (understanding the structure and content of DCAM) and DCAM Applied (using the model for assessments and audits).   For more information  
7. Best Practices Agenda – working groups on new developments in data management.  For more information  
 

Data Management Capability Assessment Model (DCAM) 

The Data Management Capability Assessment Model (DCAM) was created on a collaborative basis by the members of the EDM Council as a standard set of evaluation criteria for measuring data management capability.  DCAM documents 37 capabilities and 115 sub-capabilities associated with the development of a sustainable data management program.

     

DCAM Scoring methodology

DCAM is structured to ensure consistent measurement of data management capability.  Scoring is evaluated in terms of stakeholder engagement, formality of the data management processes and artifacts/evidence that support capability achievement.
   

Training & Certification

Based on feedback, we have reorganized our training program for 2018 to keep close alignment with the requirements of our members and this industry.  As a result of this, we will be introducing a new ‘Principles to Data Management’ training course as well as combining the existing Foundations and Applied courses to create a single ‘The DCAM Framework’ course.   For more information....

Principles of Data Management – This half-day course will expose the student to the data principles, governance processes and organizational prerequisites needed to manage data as a business asset.  The curriculum focuses on the core components of data management including why data loses consistency of meaning and the baseline capabilities necessary to achieve sustainable data management.  This is an ideal introductory course for understanding the core principals of  data management.

The DCAM Framework – This two-day course provides a comprehensive perspective on capabilities needed to develop and implement a practical data management program.  The curriculum is organized into six core components covering over 100 essential data management capabilities.  Each capability is supported by a series of requirement statements including specific objectives, scoring guidance, implementation advice and artifacts needed for evaluation of data management programs.  Completion of this training provides the student with advanced accreditation.

The DCAM Framework Accredited Members

DCAM FOUNDATIONS Accredited Members

DCAM APPLIED Accredited Members

 

DCAM Authorized Partner Program (DAP)

Consultants and software providers that are interested in licensing the DCAM content for use in assessments and program evaluation must be authorized and participate in the DCAM Authorized Partner Program (DAP). The goals of DAP are to ensure that DCAM is implemented based on EDMC specifications and to verify that partners are aligned with our core data management principles. For more information 
  DCAM Authorized Partners

Online Assessment Platform

The Council has entered into a partnership program with Element-22 to provide an online platform for DCAM assessments. The platform is designed to support internal aggregation among multiple participants, facilitate reporting, provide links to artifacts and support DCAM benchmarking. For more information on Pellustro or details on how to license DCAM for use on your proprietary platform, please contact Mike Meriton.  

   

DCAM Benchmarking

The 2017 benchmarking study consists of 22 DCAM-derived questions that highlight the most essential concepts in data management. The results
include comparison to the previous study performed in 2015. Participants included the full spectrum of financial services companies (universal, buy, sell, asset servicing, insurance) with an emphasis on G-SIBs and Tier 1 firms. We hand selected a “control group” of companies that we knew had demonstrated an organizational commitment to data management as the baseline for evaluating overall industry progres.  The 2017 DCAM benchmarking study was implemented in partnership with Sapient Global Markets and Pellustro.

  2017 Benchmarking Summary
  Access to raw data (anonymized) via Pellustro

   

FACilitated DCAM Workshops

EDM Council staff is available to support members with their internal implementation of DCAM. The purpose of the DCAM Workshop is to ensure a consistent and unbiased interpretation of DCAM and a consensus score of internal capability. The DCAM Workshop is available on a limited (schedule permitting) basis. For more information

  

Best Practices Agenda

The Council is launching a series of working groups to advance best practice in data management.  These working groups are based on member request and will result in papers, criteria and best practice recommendations.  The initial set of working groups:
(1) Data Management Business Glossary
(2)
Critical Data Elements (CDE's)
(3) General Data Protection Regulation (GDPR)

  Click here for more information