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Master Data Management (MDM) Channel

Channel Sponsored by
Kalido

For every valid report there is an invalid one - a twist on an old adage, but one every BI director knows far too well. Why does this happen? Because data doesn’t manage itself. It needs “stewardship” by the business to ensure the data matches the definitions as the business sees it. By implementing a sound master data philosophy, companies can define - and enforce - what their data means, such as what is a “customer,” “product” or “asset.” Often, simple miscommunication between IT and the business can lead to bad information driving decisions – and often caught before it is too late.

Kalido Master Data Management delivers a fully automated, business model driven method that not only supports rich data definitions, it is the only master data management product on the market that provides configurable workflows to automatically route invalid data to the stewards in the business so it can be corrected or discarded. An effective implementation of Kalido Master Data Management can eliminate the frustration and confusion over misclassified products, orphaned customers and error-prone data entry. With Kalido Master Data Management, end-users and decision-makers can begin to trust their data and finally unlock the real value of the “true intelligence” within their systems.

Brought to you by Kalido (www.kalido.com) and DM Review, this master data management resource channel will be continually updated to serve as a comprehensive channel for users searching for information on master data management.

Articles

Master Data Management: Laying the Foundation for Growth

MDM can serve as a hub of critical enterprise information with a well-established set of governance policies and procedures

Patterns in Master Data Management

So the next time you reach for the Pepto-Bismol while working on an MDM project, remember what makes it work: accessibility, simplicity and utility.

From Customer Cleanup to Data Governance

It’s a long journey from 'customer cleanup' to a full-fledged data governance program. But that’s where many companies start.

Energy and Financial Master Data Management

This article introduces a framework for energy and financial capital markets (EFCMs) master data management (MDM).

MDM and BPM

Everyone loves a good three letter acronym. I’d like to focus on BPM.

Columns

The Relationship Between Master Data Management and Data Quality

MDM without a robust approach to data quality can be dangerous. We’ve all heard the IT cliché "garbage in, garbage out." But that is very true of building an MDM hub solution.

Master Data Management and Deduplication: Finessing the Management of Data

Although the cost of storage devices has plummeted over the last few years, the cost of managing stored data continues to grow.

From Customer Cleanup to Data Governance

It’s a long journey from 'customer cleanup' to a full-fledged data governance program. But that’s where many companies start.

MDM and BPM

Everyone loves a good three letter acronym. I’d like to focus on BPM.

Delivering Data Quality: The Executive Sponsor

It is unlikely that the people working on central entity data systems can achieve compliance to new data quality standards across the organization.

Ask the Experts

Do you have any idea why financial master data is not on the screen when MDM is discussed?

How much time is needed to clean the master data and get it on track?

Do you have any advice for providing some structure for a new master data management project?

What's the relationship between master data management, data warehousing and service-oriented architectures?

Are master data management solutions mature enough to talk about talk about client counterparty and securities master?

White Papers

An Architected Approach to Integrated Information

By David Waddington

Managing Master Data with KALIDO 8

By Andrew Davis, Andrew Ellicott

Master Data Management and SOA

By Pierre Bonnet

Secure Tracking, Managing and Deploying Business Rules Across the Enterprise

By by YASU

Effectively Managing Master Data to Help Improve Information Quality

Books

The Functional Approach to Data Management: Modeling, Analyzing, and Integrating Heterogeneous Data

By Peter M. D. Gray

Master Data Management: Reconfiguring IT at the Speed of Business

By i2 Technologies

Master Data Management and Customer Data Integration for a Global Enterprise

By Alex Berson, Larry Dubov




Industry Vendors