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Many IT leaders are recognizing the need to implement master data management (MDM) processes and technology to better manage enterprise master data. Central to an MDM program is the implementation of an architectural framework that will support the management of master data, create an authoritative source of enterprise master data, and ensure appropriate access to master data for all relevant applications.
This note provides an introduction to MDM architectures. The topics covered include:
- Differences between a system of entry, a system of reference, and a system of record.
- Three types of MDM strategy.
- Four types of MDM architecture.
- Advantages and disadvantages of each type of architecture.
With a better understanding of the available architectures and their virtues and vices, IT will be one step closer to implementing an MDM solution that will provide real value.