A method and a system for managing enterprise data are provided. The system comprises a processor and a memory coupled to the processor. The memory comprises a definition module defining a Data Management Architecture (DMA). Further, the DMA comprises at least one of an enterprise portal, an enterprise model, at least one adaptor, and a set of metrics. The enterprise portal comprises a set of service tools. The set of service tools is configured to perform a set of services on the data. The enterprise model is configured to analyze an enterprise process to create and modify enterprise metadata of the data originating from the enterprise process. Further, the adapter is configured to communicate with a data source associated with the enterprise process for extracting the enterprise metadata from the data source. Furthermore, the set of metrics may represent an analysis of the data.