Master Data Management: Transcending Technology, Solving Business Problems

by Al Moreno, Greg Mancuso

The concept of master data management (MDM) is hardly new — organizations have been struggling with ways to gather and maintain clear, concise, accurate, and consistent information for years. So why has MDM resurfaced with such urgency now?

Two words: global competition. Today’s competitive global markets will not permit key reporting facts and performance indicators to lag days and months behind as they once did. Two more words: Sarbanes-Oxley (and Basel II). The compulsory reporting requirements businesses now face have forced them to seek improved levels of accuracy in order to avoid the painful consequences of poor reporting.

In this issue, we explore how a robust MDM strategy can help companies identify and coordinate common data across the enterprise. Hear how one organization avoided the “one-version-of-the-truth trap” by combining a status attribute with standard data definitions, enabling department-specific views of the data while maintaining overall consistency. And discover that not only is it possible to analzye legacy data sources, collect metadata, and support development teams in an evolutionary manner, you really have no choice in the matter! Join us to discover the best ways to get your data house in order.

Password Protected Cutter Consortium clients, please log in:


This document is available to Cutter Consortium Resource Center clients only. Retrieve password.
If you would like further information about how to become a client, please contact us at +1 781 648 8700 or sales@cutter.com.
Master Data Management: Transcending Technology, Solving Business Problems1 September 2007