Master Data Management Components. Zahra Mansoori
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1 Master Data Management Components Zahra Mansoori 1
2 Master Data Abbreviation: MD Referring to core business entities an organization uses repeatedly across many business processes and systems Captures the key things that all parts of an organization must agree on, both in meaning and in usage the single source of truth system of record 2
3 MD among other kinds of Data 3
4 Different dimensions of MD 4
5 MD Domains Customer Data Integration (CDI) Focuses on managing people and organizations parties Manage the use of the party data Distribute the information out to downstream systems Product Information Management (PIM) Manage the definition and lifecycle of a finished good or service - Things Collecting product information from multiple sources Getting agreement on the definition of products 5
6 Master Data Domains 6
7 Methods of use of MD Collaborative MDM Operational MDM Analytical MDM 7
8 Collaborative MDM Achieving agreement on a complex topic among a group of people Information about the master data being processed is passed from task to task within the workflow and is governed throughout its lifecycle PIM systems commonly support a collaborative style of usage - 8
9 Simplified New Product Introduction process 9
10 Operational MDM Acts as an Online-Transaction Processing (OLTP) system Responds to requests from multiple applications and users CDI, PIM & other domains 10
11 Analytical MDM MDM as a trusted data source A key role of an MDM System is to be a provider of clean and consistent data to BI systems Analytics on MDM data MDM Systems themselves may integrate reporting and analytics in support of providing insight over the data managed within the MDM System Analytics as a key function of an MDM System Specialized kinds of analytics, such as identity resolution, may be a key feature of some MDM Systems 11
12 Multiple MDM domains and multiple methods of use 12
13 System of Record vs. System of Reference The master data in the ideal MDM implementation can be considered a system of record When the replica of the master data is known to be synchronized with the system of record we can call this copy a system of reference 13
14 System of Record vs. System of Reference 14
15 MDM Implementation Styles Registry Consolidation Transactional Hub Coexistence 15
16 Registry Implementation Style When read-only view of master data is required and sufficient for subscribing systems holds only a thin slice of master data Outside of the MDM-managed slice, other data attributes remain in application systems without harmonization 16
17 Registry Implementation Style 17
18 Consolidation Implementation Style fully materializes all master data attributes in the MDM system higher deployment costs support reporting and analytical MDM: as all attributes of Master Data are in one place and are harmonized, reporting gets simplified 18
19 Consolidation Implementation Style 19
20 Transactional Hub Implementation Style a system of record, serving as the single version of truth Updates to master data happen directly to this system using the services provided by the hub As update transactions take place, the master data is cleansed, matched, and augmented in order to maintain the quality of the master data 20
21 Transactional Hub Implementation Style 21
22 Coexistence Implementation Style master data that may be authored and stored in numerous locations includes a physically instantiated golden record in the MDM System that is synchronized with source systems 22
23 Coexistence Implementation Style 23
24 Reference Data Management Architecture 24
25 Master Data Management Architecture 25
26 Components of Master Data 26
27 MDM Components Overview 27
28 Master Data Repositories 28
29 MDM Components Overview 29
30 Master Data Management Services 30
31 MDM Components Overview 31
32 Analysis and Discovery Services 32
33 MDM Components Overview 33
34 Presentation in MDM 34
35 MDM Components Overview 35
36 Enterprise Information Integration 36
37 MDM Components Overview 37
38 Integration Services in MDM 38
39 MDM Reference Architecture Conceptual View 39
40 Service and Component Interactions when Accessing Master Data 40
41 References 1. Master Data Management (MDM) Reference Architecture (RA), Department of Technology, Jan Data Management Body of Knowledge (DAMA DMBOK), DAMA International, Enterprise Master Data Management, Allen Dreibelbis, IBM Press,
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