Master Data Management Services

Master Data Management
Master Data refers to any data considered critical to the operations of the business, including:

• Core Business Concepts (Customer, Product, etc)
• Reference Data
• Key Lookups
• Hierarchies
• Traceability

Master Data Management (MDM) is the framework that is comprised of the Processes, Organizational Constructs and Enabling Technologies for the management of the master data across disparate groups and/or systems across the enterprise.

The goal of Master Data Management is to ensure consistency, accuracy, security and reliability of master data for use in business operations and in gaining a competitive advantage.

Master Data Management Assessment
A common understanding of what is the master data for the organization is the critical first step of a comprehensive master data solution.  Different parts of the organization often differ in their definition of even core concepts such as “What is a customer?” Edgewater’s Master Data Assessment offering provides the framework for answering those questions, as well as determining the areas of conflict and options for remediation.

Master Data Management Strategy and Roadmap
Once a common understanding of what the master data is for an organization is established at the enterprise level, a roadmap must be developed to:

• Determine the remediation and/or implementation plan to ensure that all systems and applications reflect the enterprise view
• Define the organizational construct necessary to implement, monitor and enforce the enterprise view
• Determine the standards, best practices and processes necessary to ensure that the enterprise view is supported in the future

Edgewater believes that the roadmap needs to reflect a phased implementation that is in support of the priorities and objectives of the organization.  Additionally, the roadmap needs to be in alignment with the goals and objectives of the data governance and overall data management functions within the organization.

Master Data Implementation Services
The implementation of a comprehensive master data platform can be a difficult and confusing undertaking.  Master data solutions focus as much, or more, on the processes, best practices and supporting organization as it does on the overall enabling technologies.  Edgewater brings expertise in navigating the implementation process.  By focusing on the balance between technology and non-technology components and using a phased implementation approach, Edgewater’s consultants can assist in the implementation of your master data platform to ensure your key business initiatives are met.