Risk Data Schema

Definition

Risk Data Schema is the description of a distinct linked Risk Data set. It is a document (paper, wiki page, file) that holds the human and/or machine readable schemas that describe the meaning of the dataset in more detail.

Examples

• A database schema
• A data model
• A semantic data ontology

Issues and Challenges

• The availability, correctness, completeness and usability of risk data schemas used in all risk data instances used by an organization is a fundamental requirement for proper Data Governance