Vol. 4 No. 1 (2024): Journal of AI-Assisted Scientific Discovery
Articles

Data Governance: AI applications in ensuring compliance and data quality standards

Muneer Ahmed Salamkar
Senior Associate at JP Morgan Chase, USA
Jayaram Immaneni
Sre Lead, JP Morgan Chase, USA
Cover

Published 14-05-2024

Keywords

  • Data Governance

How to Cite

[1]
Muneer Ahmed Salamkar and Jayaram Immaneni, “Data Governance: AI applications in ensuring compliance and data quality standards”, Journal of AI-Assisted Scientific Discovery, vol. 4, no. 1, pp. 158–183, May 2024, Accessed: Dec. 23, 2024. [Online]. Available: https://scienceacadpress.com/index.php/jaasd/article/view/224

Abstract

Data governance is at the heart of modern organizations, ensuring compliance with regulations, safeguarding data quality, and fostering trust in enterprise data ecosystems. The emergence of artificial intelligence (AI) has revolutionized how businesses approach governance by introducing advanced tools and techniques that enhance efficiency, precision, and scalability. AI-powered solutions help automate compliance checks, identify anomalies in datasets, and enforce data quality standards across decentralized and complex environments. By leveraging machine learning algorithms, organizations can predict and prevent non-compliance risks, streamline audit trails, and ensure adherence to stringent regulatory frameworks like GDPR and HIPAA. AI also enables the continuous monitoring of data flows, detecting inconsistencies in real-time and flagging issues that could compromise data integrity. Natural language processing (NLP) also transforms how businesses interpret policy documents, map governance requirements, and ensure alignment across departments. As organizations increasingly adopt AI-driven governance tools, they minimize manual interventions and improve decision-making through enhanced data accuracy and transparency. Integrating AI into data governance frameworks creates a proactive culture of compliance and supports delivering trusted data to analytics and business intelligence teams. However, adopting AI comes with challenges, including addressing ethical concerns, managing AI biases, and establishing robust accountability measures. This paper explores the transformative role of AI in data governance, examining its potential to improve compliance and data quality while addressing critical considerations for successful implementation.

Downloads

Download data is not yet available.

References

  1. Vetrò, A., Canova, L., Torchiano, M., Minotas, C. O., Iemma, R., & Morando, F. (2016). Open data quality measurement framework: Definition and application to Open Government Data. Government Information Quarterly, 33(2), 325-337.
  2. Abraham, R., Schneider, J., & Vom Brocke, J. (2019). Data governance: A conceptual framework, structured review, and research agenda. International journal of information management, 49, 424-438.
  3. Hazen, B. T., Boone, C. A., Ezell, J. D., & Jones-Farmer, L. A. (2014). Data quality for data science, predictive analytics, and big data in supply chain management: An introduction to the problem and suggestions for research and applications. International Journal of Production Economics, 154, 72-80.
  4. Gharaibeh, A., Salahuddin, M. A., Hussini, S. J., Khreishah, A., Khalil, I., Guizani, M., & Al-Fuqaha, A. (2017). Smart cities: A survey on data management, security, and enabling technologies. IEEE Communications Surveys & Tutorials, 19(4), 2456-2501.
  5. Sambasivan, N., Kapania, S., Highfill, H., Akrong, D., Paritosh, P., & Aroyo, L. M. (2021, May). “Everyone wants to do the model work, not the data work”: Data Cascades in High-Stakes AI. In proceedings of the 2021 CHI Conference on Human Factors in Computing Systems (pp. 1-15).
  6. Tatineni, S., & Boppana, V. R. (2021). AI-Powered DevOps and MLOps Frameworks: Enhancing Collaboration, Automation, and Scalability in Machine Learning Pipelines. Journal of Artificial Intelligence Research and Applications, 1(2), 58-88.
  7. Aad, G., Abbott, B., Abbott, D. C., Abud, A. A., Abeling, K., Abhayasinghe, D. K., ... & Anisenkov, A. V. (2020). ATLAS data quality operations and performance for 2015–2018 data-taking. Journal of instrumentation, 15(04), p04003-p04003.
  8. Saeed, A., Sharov, V., White, J., Li, J., Liang, W., Bhagabati, N., ... & Quackenbush, J. (2003). TM4: a free, open-source system for microarray data management and analysis. Biotechniques, 34(2), 374-378.
  9. Pushadapu, N. (2021). Advanced Artificial Intelligence Techniques for Enhancing Healthcare Interoperability Using FHIR: Real-World Applications and Case Studies. Journal of Artificial Intelligence Research, 1(1), 118-156.
  10. Jobin, A., Ienca, M., & Vayena, E. (2019). The global landscape of AI ethics guidelines. Nature machine intelligence, 1(9), 389-399.
  11. Saiz-Rubio, V., & Rovira-Más, F. (2020). From smart farming towards agriculture 5.0: A review on crop data management. Agronomy, 10(2), 207.
  12. Floridi, L. (2018). Soft ethics, the governance of the digital and the General Data Protection Regulation. Philosophical Transactions of the Royal Society A: Mathematical, Physical and Engineering Sciences, 376(2133), 20180081.
  13. Yanamala, A. K. Y. (2023). Data-driven and artificial intelligence (AI) approach for modelling and analyzing healthcare security practice: a systematic review. Revista de Inteligencia Artificial en Medicina, 14(1), 54-83.
  14. Kothamali, P. R., & Banik, S. (2019). Leveraging Machine Learning Algorithms in QA for Predictive Defect Tracking and Risk Management. International Journal of Advanced Engineering Technologies and Innovations, 1(4), 103-120.
  15. Androutsopoulou, A., Karacapilidis, N., Loukis, E., & Charalabidis, Y. (2019). Transforming the communication between citizens and government through AI-guided chatbots. Government information quarterly, 36(2), 358-367.
  16. Thumburu, S. K. R. (2023). Leveraging AI for Predictive Maintenance in EDI Networks: A Case Study. Innovative Engineering Sciences Journal, 3(1).
  17. Thumburu, S. K. R. (2023). AI-Driven EDI Mapping: A Proof of Concept. Innovative Engineering Sciences Journal, 3(1).
  18. Gade, K. R. (2023). Data Governance in the Cloud: Challenges and Opportunities. MZ Computing Journal, 4(1).
  19. Katari, A. Case Studies of Data Mesh Adoption in Fintech: Lessons Learned-Present Case Studies of Financial Institutions.
  20. Katari, A., & Vangala, R. Data Privacy and Compliance in Cloud Data Management for Fintech.
  21. Gade, K. R. (2022). Cloud-Native Architecture: Security Challenges and Best Practices in Cloud-Native Environments. Journal of Computing and Information Technology, 2(1).
  22. Gade, K. R. (2021). Data-Driven Decision Making in a Complex World. Journal of Computational Innovation, 1(1).
  23. Thumburu, S. K. R. (2022). AI-Powered EDI Migration Tools: A Review. Innovative Computer Sciences Journal, 8(1).
  24. Thumburu, S. K. R. (2020). Enhancing Data Compliance in EDI Transactions. Innovative Computer Sciences Journal, 6(1).
  25. Thumburu, S. K. R. (2022). Scalable EDI Solutions: Best Practices for Large Enterprises. Innovative Engineering Sciences Journal, 2(1).