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Execution-MiH ENCYCLOPEDIA →
Vendor- IT Tool Domain →
SECTION - Data Management Tools →
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CHAPTER -
| Master Data Management Tools |
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Master Data Management is relatively a new subject. Master Data Management includes foundation and transaction layers, which provides services related to entities, products and accounts. MDM is not limited to BI and in its true potential should be primarily used for operational purposes.
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Topics
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General Capabilities- Foundation and Transaction MDM
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MDM Tools general capabilities include SOA architecture, process & application independent, performance, scalability, flexibility and extensibility. Foundation MDM is the base layer, which carries all the core services related to repository, Hub, data quality and integration. Transaction MDM layer is typically having business services, security and event driven architecture.
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MDM Tools- Entity Management
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Entity can be an individual or an organization and the management of its master data is core to an MDM tool. This includes Entity management related services identification , interaction, demographics, preferences, services and roles.
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MDM- Account and Product Management
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The account related services include search, location and history management. Product related services include specifications, tagging, product life cycle identification and categorization
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Domain and Data Related Services
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The domain related services include relationship, hierarchies, locations, value-sets etc... The data maintenance related services include suspect processing, entity management and hierarchy management.
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MDM Data Quality Control
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More on Data Quality is given in the data quality tool set. In this brief page we talk about duplicate suspect processing, validation and normalization.
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MDM tool Integration
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Master Data Management in its full potential has a core operational role. Having seamless and efficient interfaces is the key for providing industrial/production level service. The interfaces can be real-time as well as batch interfaces.
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MDM - CDI overall Platform
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The overall platform needs to have flexibility, performance, multiple instance deployments, , message notification and common audit trails.
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MDM-CDI Hub
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The MDM-CDI hub is central to the overall MDM architecture. It will include security, visibility, adaptive data management like multi-tenancy, federation and fast track.
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All Chapters in "Data Management Tools." Section
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