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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.
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.
Results may be used to update Reference Data administered under Master Data Management (MDM). All data sourced from a third party to organization's internal teams may undergo accuracy (DQ) check against the third party data. These DQ check results are valuable when administered on data that made multiple hops after the point of entry of that ...
Microsoft SQL Server Master Data Services (MDS) is a Master Data Management (MDM) product from Microsoft that ships as a part of the Microsoft SQL Server relational database management system. [1] Master data management (MDM) allows an organization to discover and define non-transactional lists of data, and compile maintainable, reliable master ...
Data cleansing may also involve harmonization (or normalization) of data, which is the process of bringing together data of "varying file formats, naming conventions, and columns", [2] and transforming it into one cohesive data set; a simple example is the expansion of abbreviations ("st, rd, etc." to "street, road, etcetera").
Most Master data management (MDM) products use a record linkage process to identify records from different sources representing the same real-world entity. This linkage is used to create a "golden master record" containing the cleaned, reconciled data about the entity.
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