The Ultimate Guide to IBM Certified

Application Developer - Operational Decision

Manager Standard V8.9.1 – pw9.org

IBM Certified Application Developer - Operational Decision Manager Standard V8.9.1

Certification Exam Credential. EDM Council, a cross-industry trade association for data
management and analytics, has published the Cloud Data Management Capabilities (CDMC)
framework for managing data in the Cloud. The CDMC framework, available for all industries,
represents a comprehensive set of cloud data management capabilities, standards and best
practices for cloud, multi-cloud and hybrid-cloud implementations, incorporating automated key
controls for protecting sensitive data.

The CDMC framework was developed over the last 18 months by EDM Council’s CDMC
Workgroup, with participation from leading financial industry firms, consultancies and
technology companies, including Amazon Web Services (AWS), Google Cloud, IBM and
Microsoft. It is chaired by Morgan Stanley and LSEG, with project management provided by
Capco.

The CDMC framework is composed of six components, 14 capabilities and 37 sub-capabilities

that allow companies across all industries to effectively manage their 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.

“As the Cloud increasingly becomes a foundational component of emerging business models, the
CDMC framework will be a valuable resource for accessing comprehensive and up-to-date best
practices for data management, not only in the financial services segment but across all
industries. AWS is proud to have contributed to the development of the framework and looks
forward to continuing to support this collaborative effort,” said Scott Mullins, Director,
Worldwide Business Development, Financial Services at Amazon Web Services.
“Cloud acceleration has skyrocketed as companies of all sizes and industries become more
reliant on data to drive transformation,” said Evren Eryurek, Director of Product Management
for Data Analytics at Google Cloud. “The speed at which businesses are able to respond to
change is the difference between those that successfully navigate the future and those that get left
behind. The CDMC framework is going to be a tremendous resource for companies as they
continue to accelerate their digital transformation and reimagine their business through
effectively leveraging the power of real-time data.”

“A critical next hurdle for the global financial services industry is the adoption of a standard set
of best practices regarding the management of data in multi-cloud environments, particularly
controls to protect data privacy and to comply with regulations. The dramatic rise of cybercrime
combined with increased scrutiny from regulators on financial institutions, as stewards of their
clients’ most sensitive data, makes a compelling case for significant investment and coordination
in this space,” said Rajiv Chodhari, Vice President and Financial Services Data & AI CTO at
IBM. “The EDM Council has taken an important first step in aligning the financial services
industry and its partners on these issues.”

“We are thrilled to join the EDM Council in celebrating the release of the CDMC guidance to
help the industry effectively manage data across cloud and hybrid environments,” said Mike
Flasko, General Manager of Azure Data Governance Platform at Microsoft. “We greatly
appreciate the opportunity to partner with everyone involved and are excited to see all the ways it
will be used to further data management across industries.”

“The EDM Council is honored to have facilitated the development of the CDMC framework to
provide an auditable and certified cloud data management best practice available as a free license
for all industries,” said John Bottega, President of the EDM Council. “We’re very excited to be
releasing the CDMC framework and appreciate the global industry efforts of everyone involved
in this 18-month initiative.”

The CDMC framework is available as a free license to EDM Council members and non-
members.