Master Data Management (MDM) is intended to provide a pervasive, consistent, enterprise view of a core set of master data. Not surprisingly, therefore, successful MDM programmes are highly dependent on data quality.
Data quality solutions, conversely, should provide fit-for-purpose data across the enterprise.
While MDM is certainly a driver for data quality, the benefits of data quality must extend beyond master data to encompass all business critical data, most notably, in order to support Business Intelligence, Compliance requirements and operational efficiency.
A good data quality solution must manage both master data and related transactions.
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