EDM Council Announces Inaugural Class of Authorized Partners for the Cloud Data Management Capabilities (CDMC) Industry Framework
EDM Council, a global cross-industry association for data management and analytics, has introduced the Cloud Data Management Capabilities (CDMC) Authorized Partner Program (CAP). The CAP is a support program for companies that wish to engage in an independent assessment or certification of their cloud data management capabilities. Professionals from the CAP partner firms are trained and certified by the EDM Council and are licensed to deliver CDMC-based assessments and certifications.
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The CDMC was launched to all industries on September 28 as a comprehensive framework for evaluating cloud data management capabilities to instill greater trust and accelerate cloud adoption. CDMC is comprised of six components, 14 capabilities, and 37 sub-capabilities that allow companies to effectively manage their cloud, multi-cloud, and hybrid-cloud environments. The six components encompass data governance and accountability, cataloguing and classification, data accessibility and usage, data protection and privacy, data lifecycle, and technical architecture. In addition, CDMC includes 14 key controls for managing sensitive data in the Cloud.
The following member companies are CDMC Authorized Partners and empowered to use CDMC in their consulting and advisory engagements:
- Aegis Data Management
- Element 22
- First Derivative
- FIT Strategy
- Oliver Wyman
- Transform Digital Technology
The CDMC framework was developed over an 18-month period by EDM Council’s CDMC Workgroup, with participation from over 100 companies and 300 subject matter experts including leading financial industry firms, consultancies and technology companies, including Amazon Web Services (AWS), Google Cloud, IBM and Microsoft. The Workgroup is chaired by Morgan Stanley and LSEG, with project management provided by Capco.
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“The introduction of the CDMC framework was a watershed moment for cloud data management, as there was no cross-industry standard for companies to analyze and measure these key data management capabilities, which are becoming pivotal with greater cloud technology sophistication and broad industry adoption,” said Mike Meriton, COO and Co-founder of the EDM Council. “Our CDMC Authorized Partner Program helps companies independently evaluate their cloud initiatives to assure they can accelerate their cloud journey with trust and confidence.”