For most organizations, their data has been captured using different systems and applications. For some, acquisitions have increased the number of silos in which data resides. Therefore, duplications and variations of information are inevitable.
The matching and linking feature uses algorithms that automatically identify duplications and help resolve multiple entries into a single, accurate record.
Data Stewardship is required for data implementation and data management to succeed.
Data Stewardship is a key part of any data governance program which needs the right combination of processes, technology and people in place to be effective.
What are the benefits of data stewardship?
The benefits of appointing a data steward can include:
• Consistent use of data management as an effective resource.
• Efficient mapping of data between systems and technology.
• Lower costs associated with migration to Service Oriented Architecture (SOA).
Transforming data from a multitude of systems into one single, accurate record is a critical part of any master data management solution. In addition, the master data matching and linking feature will ensure you.