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Data Asset Foundations

Turning Data Into a Recognized Asset

Data is widely recognized as the most critical asset of the digital age. Yet the global market lacks a trusted, standardized legal vehicle and clear definition around data assets and their value. The groundbreaking Data Asset Foundations initiative will give organizations the legal and commercial tools to value data as a true asset. By combining trusted governance standards with statutory recognition, Data Asset Foundations will enable an organization’s data to become a source of measurable value, trust, and innovation — unlocking powerful opportunities for growth across industries.

The Data Asset Foundation initiative is led by the government of the Isle of Man to forge the future of the global data economy. EDM Association is proud to partner on this unique initiative to help organizations around the world turn their data into a valuable asset.

Use Cases for Data Asset Foundations

Explore these real-world use cases. outlining opportunities for businesses to value data as an asset.

Join the Community of Practice

Get involved and help shape the future of the data-driven digital economy. Collaborate with other professionals and bring your perspective to this exciting initiative. All professionals are welcome and can register on our EDMConnect site.

Register for the Community of Practice

Comment on the Register & Registrar Paper by May 7

Help shape the Data Asset Foundation framework!

The Data Asset Register and Data Asset Registrar consultation is now open. This is your opportunity to help shape the regulations and guidance that will underpin data governance on the Isle of Man — before secondary legislation is finalised.

This consultation forms part of the wider Data Asset Foundations framework, setting out how data can be recognised, governed and managed as an asset for businesses on the Island.

As the framework moves from legislation into implementation, input at this stage will directly inform how it operates in practice.

Read the White Paper

Submit your views – by May 7th

What is a Data Asset Foundation?

The Data Asset Foundation is a new legal and operational framework that allows organizations to value data as a formal asset—something that can be owned, governed, valued, and monetized. Built on the Isle of Man’s proven Foundations Act, a Data Asset Foundation provides:

  • A legal entity to hold and manage data assets
  • A Data Asset Register to establish transparent ownership and rights
  • Embedded governance using global standards of the EDM Association’s frameworks: DCAM® and CDMC
  • Standardized valuation methods to treat data like collateral or investment-grade capital
  • A secure distribution platform for trusted sharing and collaboration

It bridges legal certainty with commercial utility, turning data from an under-recognized resource into a capital asset that can drive measurable value.

For more information about Data Asset Foundations

We welcome participation and expressions of interest in the Data Asset Foundations initiative from all our members and other interested parties. Explore the below resources:

Learn more about the Pilot Program