Master Data Management

Businesses have a huge database of information about their customers, but they are strewn all across the organisation. The incumbent is usually unstructured, and it becomes difficult to extract meaningful information from it. It is critical to ensure that businesses can relate the data to the customers, and more often, they are unable due to the lack of a proper framework to deal with the sheer volume of data. The raw data is fraught with redundant data, and you must make edits to the data due to duplication and other necessities.

The data comes from several data points and are stored in multiple destinations in different formats and applications. Moreover, the whole of the data need not go into the analytics phase. There must be a mechanism that will help you to segregate the data that needs further analysis to allow better decision-making. Most industries need to comply with stringent compliance requirements, and non-compliance could lead to strict action. It is another reason why businesses need to have a robust data management framework to ensure strict adherence with government regulations.

Our master data management experts understand the incumbent data management processes of the client and create a framework that is the source of the enterprise-wide structured data. It helps to provide better insights about the customer data and the comprehensive data related to the business. The framework provides more information about the customer demographics, your top-performing customer segment, your portfolio that is most preferred by your customers, etc. Similarly, you can leverage a storehouse of information about the interconnected workflows across the business.

Our team jointly builds data models with the client based on IBM InfoSphere® Master Data Management and aid businesses in managing their product lifecycle and other workflows covering the business. As data is a critical part of your business and encompasses the organisation in its entirety, the Actinolix team helps clients to formulate the data structures and configure a master data management framework encompassing the entire business. The data framework will help you drive data consistency across the enterprise.