Welcome to ReferenceDataManagement.com. This blog will serve as my memory, a diary of events in the MDM field and hopefully keep you informed.
Welcome to ReferenceDataManagement.com. This blog will serve as my memory, a diary of events in the MDM field and hopefully keep you informed.
December 12, 2008 at 3:17 pm |
Hi, this is a comment.
To delete a comment, just log in, and view the posts’ comments, there you will have the option to edit or delete them.
January 7, 2009 at 4:52 am |
Hi Alan,
I am of the opinion that Reference Data is a subset of Master Data. You seem to be equating them as the same thing. Here is a link to Malcolm Chisholm’s presentation on the topic. We were very successful in using his breakdown of the types of data within an organization to explain it to both technical and business people. http://www.refdataportal.com/index.cfm?fuseaction=publications&mode=mastervsref®now=Y
What do you think?
Diana
January 17, 2009 at 3:43 pm |
Diana,
Thanks for your comments. As blog editor I don’t intend to equate nor do I want to shut down dialog of other’s opinions. This is an interesting topic especially when you add context around it (like terminalogy in financial markets for instance). In general, per Malcolm’s article, they are often used interchangeably. This blog would like to attract either audience while providing a sounding board of ALL opinions. If a reader calls it ‘Master Data’ they are welcome. If they call it ‘Reference Data’ they are also welcome. Now that they have come inside, welcomed and comfortable, then we can discuss specific elements in context. That said, we have a mutual connection in Malcolm, and I support his attempts to bring the financial markets around to his way of thinking. Thanks for plugging him so I didn’t have to!