An integrated document portfolio management and governance
system and method are disclosed. The
system includes a computing unit having an application interface adapted to present and / or formulate at least one input query. The
system further includes aa central controller having a backend
server communicably connected to the application interface of the computing unit. The backend
server includes a data receiving component adapted to receive document dataset, each comprising a plurality of data elements, from a plurality of data sources in one or more formats. The backend
server further includes a
data ingestion module adapted to detect, normalize, and aggregate the plurality of data elements of the document dataset and subsequently store them within a central data repository. Furthermore, the backend server includes an ontology generator module adapted to create and maintain a dynamic ontology for the ingested datasets in real-time, wherein the plurality of data elements is categorized and contextualized in accordance with the dynamic ontology. Additionally, the backend server includes a governance module adapted to enforce & monitor data compliance policies and a
data analysis module adapted to analyze the ingested data and generate actionable insights, wherein the actionable insights include one or more predictive analysis,
data accuracy status, governance status, operational inefficiency,
risk indicators, compliance gaps, and risk lineage and integrity. In operation, a user formulates an input query towards the central controller which in response is configured to automatically manage, govern & monitor the received data and subsequently visualize one or more actionable insights and / or compliance gaps onto the application interface of the computing unit.