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The master data hub has to extract the data from the source system, validate, sanitize and shape the data, remove duplicates, and update the hub repositories, as well as synchronize the external sources. [2] The entity schemas, attributes, data hierarchies, validation rules and access control information are specified as metadata to the Master ...
Master data represents "data about the business entities that provide context for business transactions". [1] The most commonly found categories of master data are parties (individuals and organisations, and their roles, such as customers, suppliers, employees), products, financial structures (such as ledgers and cost centres) and locational concepts.
Master data management (MDM) is a discipline in which business and information technology collaborate to ensure the uniformity, accuracy, stewardship, semantic consistency, and accountability of the enterprise's official shared master data assets.
A golden copy is a consolidated data set, [2] and is supposed to provide a single source of truth and a "well-defined version of all the data entities in an organizational ecosystem". [3] Other names sometimes used include master source or master version. The term has been used in conjunction with data quality, master data management, and ...
The scope of metadata within the model was also extended in v2.0 to include the trial process with which each TMF artifact is associated. In June 2015 v3.0 [3] of the TMF Reference Model was published. v3.0 includes provision for sub-classification of artifacts; identified as sub-artifacts. Section 01.03 (Trial Committees) was revised to ...
ISO 8000 is the international standard for Data Quality and Enterprise Master Data.Widely adopted internationally [1] [2] [3] it describes the features and defines the requirements for standard exchange of Master Data among business partners.
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