AI Use Cases

GenAI Accelerator

Mas­ter Data
Man­age­ment (MDM)


Mas­ter data com­prises the basic inform­a­tion of a com­pany. It is the core data of busi­ness part­ners such as cus­tom­ers and sup­pli­ers, as well as fin­ances, products and loc­a­tions, and forms the basis for all com­pany pro­cesses and functions.

Descrip­tion


Mas­ter data com­prises the basic inform­a­tion of a com­pany. It is the core data of busi­ness part­ners such as cus­tom­ers and sup­pli­ers, as well as fin­ances, products and loc­a­tions, and forms the basis for all com­pany pro­cesses and functions.

Ser­vices

What is Mas­ter Data?




Mas­ter data must be dis­tin­guished from trans­ac­tion and invent­ory data. Pos­i­tion data describes oper­a­tional quant­ity and value struc­tures, such as an account bal­ance. The pos­i­tion data is changed by the pro­cessing-ori­ented trans­ac­tion data, e.g. account inflow or out­flow. The trans­ac­tion data only provides mean­ing­ful inter­pret­a­tions when it is assigned to the daster data. Like the trunk of a tree, mas­ter data is stable and long-lasting.

Com­pon­ents

Com­pon­ents of our service



Stand­ard­iz­a­tion of Mas­ter Data elements

Com­plex Data Integ­ra­tion

Set­ting up Mas­ter Data Gov­ernance and Data Stewardship

Use of com­plex tech­no­lo­gies (real-time, mobile, cloud-ori­ented, etc.)

Cov­er­age of all busi­ness pro­cesses from the group to the indi­vidual companies

Advant­ages

Our main advant­ages


We accom­pany you on this chal­len­ging jour­ney right from the start and bring a wealth of exper­i­ence from many indus­tries for all data domains. Many use­ful, tried-and-tested util­it­ies help you to set up the MDM sys­tem and the neces­sary organ­iz­a­tion quickly and efficiently. 



Vis­ion and strategy 


synvert sup­ports you in devel­op­ing a com­pany-wide MDM strategy by work­ing with you to define use cases, plan roadmaps and man­age your MDM projects.


Archi­tec­ture


We design your MDM plat­form to integ­rate seam­lessly with your exist­ing sys­tems and test func­tion­al­ity with PoCs and pilots to ensure you can achieve your goals.


Gov­ernance


With our exper­i­ence in set­ting up data gov­ernance pro­grams, we ensure that your MDM organ­iz­a­tion is imple­men­ted in a well-thought-out man­ner. The defin­i­tion of roles and respons­ib­il­it­ies, stand­ards and best prac­tices, as well as work­flows for accept­ance and review pro­cesses, guar­an­tee the long-term suc­cess of the program.


MDM Data Architecture 


In work­shops, we work with you to identify rel­ev­ant data domains and develop mod­els for mas­ter and ref­er­ence data based on our gen­eric industry and data domain models.


Data Integ­ra­tion and Data Quality 


At the start of an MDM pro­ject, it is import­ant to know what state your data is in. To this end, we ana­lyze your data land­scape and determ­ine the qual­ity of your mas­ter data in order to then design and imple­ment pro­cesses for cleans­ing, enrich­ment, golden records, etc. The long-term suc­cess of the MDM pro­gram is mon­itored by defin­ing and meas­ur­ing data qual­ity KPIs.

Tools

Our tools




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