DCAM v3.1: The future-ready framework for strategic data management

In today’s data-driven world, organisations face increasing data volume, complexity, security and regulatory requirements. DCAM (Data Management Capability Assessment Model) v3.1 is EDM Council’s streamlined, best-practice framework designed to help organisations manage data as a strategic asset.

Key features of DCAM v3.1

• Streamlined & User-Friendly: Simplified structure for easier adoption.
• Future-Focused Enhancements: Introduces new concepts like “data for all,” data culture, and risk control.
• Updated Components: Includes a new Business Data Knowledge component, consolidated architecture, and expanded Data Control Environment.
• AI & Cloud-Ready: Enhanced capabilities to support AI/ML integration and cloud-native architectures.
• Stronger Governance & Security: Updated guidance to ensure data privacy, protection, and regulatory compliance.

Business benefits

• Trusted, high-quality data for analytics, AI, and regulatory reporting.
• Strategic alignment of data with business goals.
• Scalable, agile data management across distributed and hybrid environments.
• Improved data literacy and collaboration across the enterprise.
• Enhanced compliance with evolving regulations and standards.

Key challenges addressed

• Rapid data growth and increasing complexity.
• Inconsistent terminology and low data literacy.
• Compliance complexity across global regulations.
• Increased need for data privacy, security, and governance.

Conclusion

DCAM v3.1 empowers organisations to establish sustainable, scalable data management that is future-ready for AI, cloud, and regulation. The EDM Council provides supporting tools and recognition to guide teams on this journey.

DCAM v3.1 empowers organisations to establish sustainable, scalable data management that is future-ready for AI, cloud, and regulation.

Our data management capabilities

Projective Group has extensive experience in supporting CDOs and data functions within financial services. We ensure the value of data strategies through utilising industry standard data management frameworks like DCAM V3.1, data maturity development and the capability uplift of teams in all functions.

We have a number of DCAM certified data SME’s, and we are certified to provide DCAM training.

We can support:

• Data Maturity Assessments
• Data Strategy Development
• Business Case Development and Data ROI
• Data And Cloud Capability Development
• Data as a Service
• AI Readiness

About Projective Group

Established in 2006, Projective Group is a leading Financial Services change specialist.

We are recognised within the industry as a complete solutions provider, partnering with clients in Financial Services to provide resolutions that are both holistic and pragmatic.  We have evolved to become a trusted partner for companies that want to thrive and prosper in an ever-changing Financial Services landscape.