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3038 Hennepin Ave Minneapolis, MN
612-822-4611
Enterprise Data Governance: Reference and Master Data Management Semantic Modeling

Enterprise Data Governance: Reference and Master Data Management Semantic Modeling

Hardcover

ManagementDatabases

ISBN10: 1848211821
ISBN13: 9781848211827
Publisher: Wiley-Iste
Published: Jul 19 2010
Pages: 336
Weight: 1.45
Height: 1.00 Width: 6.20 Depth: 9.20
Language: English
In an increasingly digital economy, mastering the quality of data is an increasingly vital yet still, in most organizations, a considerable task. The necessity of better governance and reinforcement of international rules and regulatory or oversight structures (Sarbanes Oxley, Basel II, Solvency II, IAS-IFRS, etc.) imposes on enterprises the need for greater transparency and better traceability of their data.

All the stakeholders in a company have a role to play and great benefit to derive from the overall goals here, but will invariably turn towards their IT department in search of the answers. However, the majority of IT systems that have been developed within businesses are overly complex, badly adapted, and in many cases obsolete; these systems have often become a source of data or process fragility for the business. It is in this context that the management of 'reference and master data' or Master Data Management (MDM) and semantic modeling can intervene in order to straighten out the management of data in a forward-looking and sustainable manner.

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