Reference Data Management

Reference data is a special subset of master data that’s used for classification throughout your entire organization: postal codes, cost centers, financial hierarchies or countries. Whether the data is externally mandated or internally authored it’s unambiguous and non-negotiable. EBX5 is a single solution for managing and distributing your reference data. By centralizing control you ensure that consistency and compliance are maintained.
More than code lists. Reference data includes complex hierarchies, mappings and more. EBX5 supports all of these forms.
Version control. EBX5 can manage every version of reference data, past, present and future—and connect them.
Diversity of distribution. Your business teams and systems can access reference data in the way they want.
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EBX5 features

Flexible data models to support complex and simple forms of reference data
Hierarchy management for an unlimited number of alternate hierarchies
Collaborative workflow to on-board, update and approve reference data
Business user interfaces to view and author reference data
Version control to maintain reference data in the past, present and future
Metadata registry to manage related business terms and metadata

White Papers and Research on Reference Data Management

RDM Field Report & Market Survey

By The MDM Institute. Report on Reference Data Management and industry’ first market survey on RDM.
The 4-Rs of building your RDM business case

A business case for reference data management (RDM) requires more than a general recognition of reference data’s importance. Business cases demand specificity. Where does effective management of reference data add value to the business?
Integrated data governance and data management foundation for BCBS 239

In this paper we describe how an integrated approach to data governance and data management creates a foundation for compliance with regulations such as BCBS 239.

Customer cases and webinars

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Better Data Governance through Better Reference Data

Reference data management (RDM) provides a data governance capability similar to the general ledger for financial management. You can live without it, but it’s hard to balance the books. It provides a means to govern how we classify, differentiate, reference, and analyze “things” represented by our data. Bringing together reference data into a single environment for governance and stewardship improves consistent use of the data, improves the quality of regulatory data, improves the results of analytics, improves interactions with our clients, and reduces the costs of data management. Reference master data can also provide a social hub to share classification schemes that result from, or lead to, innovation in the way we see our businesses.

In this session, the speakers share concrete patterns for creating and managing mastered reference data, covering the following topics:

– Understanding & leveraging the codependent relationship between Data Governance & RDM
– Focusing on single trusted source of reference data, vs. application integration, as a priority for maximum business value
– Bringing reference data & business glossaries together
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Better Data Governance through Better Reference Data
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Sabre: Master Reference Data in the Large Enterprise

Sabre is a technology solutions provider to the global travel and tourism industry, encompassing four business units: Sabre Airlines Solutions, Sabre Travel Network, Sabre Hospitality Solutions and Travelocity. Sabre provides software to travel agencies, corporations, travelers, airlines, hotels, rental car, rail, cruise and tour operator companies. Divisions within each of these groups also service the business or corporate travel market. Sabre grew out of American Airlines and was spun off with an IPO in 2000 and currently employs approximately 10,000 people in 60 countries. In addition to managing the business processes and reporting across the four divisions, the IT group has been tasked to provide an agile architecture to accommodate M&A opportunities in the hospitality industry. Clearly, one of the biggest opportunities for leverage of corporate information assets is travel-related “public” and “private” reference data. Critical to the launch of such a program is to answer the key question “Why after all this time do we need RDM?” This session will provide insights and best practices concerning the establishment of an enterprise RDM program in a large global enterprise by discussing topics such as:

– Establishing the business value of an enterprise RDM program (“Hello, Houston … we have a problem”)
– Overcoming the cultural & territorial obstacles by selling change as a compelling argument for RDM (“Shift Happens”)
– Futureproofing the enterprise RDM program solution, outcome & direction (“What we didn’t think about”)

Speakers:

Janine Stevens
Sr. Enterprise Data Architect
Sabre

Janine Stevens is a Senior Manager at Sabre and has been in the travel industry for over 30 years with a focus on Data and Information Management for 10 years. Given her experience across the breadth of the travel industry, Ms. Stevens is the thought leader for managing data as a strategic asset at Sabre.


Roger Kelly
Principal Data Architect/Scientist
Sabre

Roger Kelly is a Principal Data Architect/Scientist and has been in the travel industry for over 25 years with a focus on Data Architecture and Software Engineering. He has worked across a broad spectrum of database and application development technologies on many of Sabre’s innovative and critical systems.

Learn more at http://www.orchestranetworks.com
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Master Reference Data in the Large Enterprise
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Multidomain Reference Data Management
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Why is Reference data mission critical now? Webinar replay with Aaron Zornes

Learn why market-leading enterprises are focusing on RDM in this exclusive webinar from MDM research analyst Aaron Zornes

More than 55% of large enterprises surveyed by the MDM Institute are planning on implementing reference data management (RDM) in the next 18 months.

- Why is RDM mission critical today?
- How does RDM differ from (how is it similar to) MDM?
- What are the top business drivers for RDM?
- What are the “top 10” technical evaluation criteria?
- Where are most organizations focusing their RDM efforts?

Aaron Zornes, Chief Research Officer of the MDM Institute, answers these questions and more when he reveals findings from the first ever RDM market study based on a 1Q2014 survey of 75+ global 5000 size enterprises.
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Why is Reference data mission critical now?

What’s next?

Learn more about EBX5, a new way to manage, govern and share your data assets.
Watch EBX5 in action for business users, data stewards, developers and business analysts.
Contact us to arrange a demo and discuss your Data Management initiative.