Master Data Management
Master Data Management (MDM) is a set of processes, policies, and tools used to create and maintain a single, trusted view of an organization’s most important data, such as customer data, product data, and financial data. MDM aims to eliminate inconsistencies and redundancies that can occur when data is stored in multiple locations or in different formats.
Here are some of the key components of Master Data Management:
1. Master Data Services
Creating and maintaining master data records and ensuring they are up-to-date and accurate.
2. Metadata Management
Managing the information about the data, such as its definitions, lineage, and relationships.
3. Data Security and Access Control
Managing the information about the data, such as its definitions, lineage, and relationships.
