The 12 Best Data Governance Tools for Financial Services for 2022

Solutions Review’s list of the best data governance tools for financial services is an annual mix of products that best represent current market conditions, according to the crowd. Sellers are rated if they have a dedicated offering designed for professionals in that industry.

The editors of Solutions Review developed this resource to help buyers looking for the best data governance tools for financial services to meet the needs of their organization and use case. Choosing the right vendor and the right solution can be a complicated process, one that requires extensive research and often comes down to more than the solution and its technical capabilities. To make your search easier, we’ve consolidated the best data governance tools for financial service providers in one place. We’ve also included links to each company’s specific product page so you can learn more.

To note: The best data governance tools for financial services are listed alphabetically.

The Best Data Governance Tools for Financial Services


Alation Data Catalog helps you find, understand and manage all enterprise data through a single window. The product uses machine learning to index and make discoverable a wide variety of data sources, including relational databases, cloud data lakes, and file systems. Alation democratizes data to provide quick access to metadata to guide compliant and intelligent use of data with vital context. Conversations and wiki-like articles capture knowledge and guide newcomers to the right subject matter expert. The intelligent SQL editor allows users to query in natural language, surface recommendations, compliance indicators and relevant policies as users query.

ASG Technologies

ASG Technologies offers a data intelligence platform capable of uncovering data from over 220 traditional and big data sources. The tool offers automated data tagging by pattern matching, reference data integration, and rich metrics. Automated business lineage enables users to better understand their data, and governance capabilities include tracing data across the data lake and traditional sources. ASG’s EDI product offers an impressive feature portfolio, with reference customers praising the vendor’s support for a variety of business use cases.


Ataccama ONE is a comprehensive data management and governance platform that also includes master data management and data quality capabilities. The solution features a machine learning-centric user interface, as well as a data processing engine responsible for data transformations, business rule evaluation, and rule matching and merging. The platform supports all data, all domains, and a variety of integrations.


Collibra’s data dictionary documents an organization’s technical metadata and how it is used. It describes the structure of a piece of data, its relationship to other data, as well as its origin, format and use. The solution serves as a searchable repository for users who need to understand how and where data is stored and how it can be used. Users can also document roles and responsibilities and use workflows to define and map data. Collibra is unique because the product was designed with professional end users in mind.


Egnyte offers content security, compliance, and collaboration solutions that govern an organization’s files, no matter where they reside. The product offers a variety of user access, lifecycle management, data security, compliance, business process management, and API integration features through a unified solution. Information governance functionality includes locating valuable and sensitive data, compliance automation, and more. Egnyte also offers granular policy controls for remote working and modernizing file systems.


The description: IBM offers data management products for virtually every enterprise use case. Its products can be deployed in any environment, and partnerships with some of the other big names in the market make it an even more intriguing option for organizations with heavy workloads and big data jobs. IBM also offers its Informix database which can integrate SQL, NoSQL/JSON, time series and spatial data.


Immuta’s automated data governance platform allows users to discover and access data through a dedicated data catalog. The product includes an intuitive policy generator that provides plain language, no-code authoring policies so security managers can write policies on any data. Immuta also enables compliant collaboration through projects, controlled workspaces where users can share data. When users switch projects, they assume the appropriate permissions and controls. Immuta operates as a containerized solution on-premises, in the cloud, or through a hybrid model.

Computer science

Informatica Axon Data Governance is an integrated, automated data governance solution that enables rapid access to organized data. The product ensures teams can find, access and understand the data they need through an organized marketplace. Axon also enables the development of data dictionaries for a consistent source of business context across multiple tools. Users can view data lineage, automatically measure data quality and also ensure data privacy with this solution.


Oracle Enterprise Metadata Management is a metadata management platform that can harvest and catalog metadata from any vendor. The product enables interactive metadata search and navigation, as well as data lineage, impact analysis, semantic definition, and semantic usage analysis for any metadata asset in the catalog. Oracle Enterprise Metadata Management also boasts advanced algorithms that stitch together metadata assets from each of the vendors.


Precisely’s data governance solution, Data360 Govern, is an end-to-end enterprise data governance, catalog and metadata management solution that aims to give businesses confidence in the quality, value and reliability of their data. Data360 Govern works with Data360 DQ+, Spectrum Quality, and Trillium Quality to improve the quality of metadata and transactional data to drive better business decisions.



SAP offers enterprise MDM functionality through its SAP Master Data Governance product. The solution can be deployed on-premises or in the cloud and allows users to centrally consolidate and manage master data. SAP includes support for all master data domains and implementation styles, predefined data models, business rules, workflows, and user interfaces. Master Data Governance also allows you to define, validate, and monitor your established business rules to confirm master data readiness and analyze data management performance.


Talend Data Catalog automatically explores, profiles, organizes, links and enriches metadata. Up to 80% of data-related insights are automatically documented and updated through intelligent relationships and machine learning. Key features of Data Catalog include faceted search, data sampling, and semantic discovery. automatic categorization and profiling. The tool also includes social curation and data relationship discovery and certification, as well as a suite of design and productivity tools.

Timothy King
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