YourDataConnect, LLC Releases a Data Monetization Platform to drive Data Governance 2.0

OLD TAPPAN, N.J. - June 9, 2020 - PRLog -- Launching today, YourDataConnect, LLC, headquartered in the New York metropolitan area and founded by data-transformation leader Sunil Soares, provides a new, more holistic way for companies to understand, evaluate, and improve the value of their data assets.

YourDataConnect™ is a SaaS-enabled data monetization platform that provides a complete view of an organization's data assets. Serving as a "catalog of catalogs," the platform brings together information from across the enterprise to drive new insight. With the YourDataConnect™ platform, business users can answer critical questions about what strategies drive revenue, reduce costs or manage risk and by how much.  The platform helps users understand the real-dollar impact of a particular business strategy by linking business outcomes to critical data elements and source systems.

YourDataConnect, LLC offers solutions for a variety of industries such as life sciences, financial services, insurance and utilities. The YourDataConnect™ service supports multiple regulations such as the California Consumer Protection Act (CCPA), Identification of Medicinal Products (IDMP) in Life Sciences, European Union Medical Device Regulation (MDR), Smart Metering in Utilities and the Current Expected Credit Losses (CECL) in Financial Services. The solution will be complimentary to data governance platforms from vendors such as Alation, Collibra, IBM and Informatica.

"We founded YourDataConnect, LLC to offer an easy-to-implement SaaS solution to speed business adoption and to help organizations manage their data value chain more effectively," Soares said. "And we wanted to bridge the gap between business and IT through workflows, integrations, dashboarding, and fine-grained security that most businesses will need."

"To stay in the game, businesses will have to find new ways to derive value from their data. YourDataConnect™ gives businesses the foundation they need to understand their data and to share it more efficiently with their data partners," said Aaron Zornes, Chief Research Officer at the MDM Institute.

About YourDataConnect™

YourDataConnect™ is a SaaS-enabled data monetization platform for Data Governance 2.0 that helps companies manage their data value chain more effectively to reduce costs, discover new revenue potential, mitigate risk, and share data securely with internal and external data partners.

For more information, visit www.yourdataconnect.com.