Tag "Master Data Management"
Taking A Modern Approach So Your MDM Implementations Aren’t Lengthy, Difficult, or Costly Master Data Management (MDM) implementations have successfully delivered value across nearly every industry, sector, and geography. MDM has been a staple in data architectures for over 20 years and is recognized as a mature technology—but that doesn’t mean it’s stopped evolving. What is Master Data Management? Organizations... more
Managing and monitoring credit, market, liquidity, and operational risk across financial markets was hard enough with ongoing geopolitical tensions, international trade wars, and of course the occasional hurricanes and earthquakes. The current pandemic is forcing chief risk officers and their teams to recalibrate old assumptions and models used to manage and monitor risk. Innovations in... more
Over the last few years, we have seen a wave of developments that have had an impact on executive decision-making. CFOs have been at the center of this disruption, as their role in the last five to 10 years has changed dramatically as more and more responsibility has been put on their plate. Today’s finance leaders not only need to arrive at recommendations at critical junctures for the organization, they also need to show how... more
Digital transformation has been a strategic corporate initiative for some time. Since the rapid onset of COVID-19, the pressure to transform has accelerated and become mission critical as digital has become the primary—or only—channel for most industries. What is digital transformation? Fundamentally, it is about converting analog processes to a digital format. The result is... more
Improper payments have been a growing challenge for government entities as they work to support citizens in times of crisis. In 2019, over $175 billion in improper payments were issued by the Federal Government. That’s a 15% increase from 2018. Underlying factors around improper payments are not always due to fraud—inaccurate citizen data, coding errors,... more
We’ve been on an exponential path with data over the last decade. During Data 1.0, we used data to drive specific business applications and those applications managed master data. Data 2.0 saw data supporting enterprise-wide business processes and we used master data management (MDM) tools to ensure consistency of master data across applications. And in... more
Our customers are at the heart of our success. That is to say, here at Informatica we realize that without our customers’ success, guidance, and innovative use of our solutions, our continued industry leadership would not be possible. And it is because our customers have shared their experiences that Informatica has been recognized as a Customers’... more
The COVID-19 pandemic has disrupted the lives of higher education students, faculty, and staff that depend upon these colleges and universities. While many of these schools have demonstrated resilience and innovation by embracing distance learning, guidance, and support for their students, the financial viability of these schools will remain at risk if they can’t clear... more
We announced the General Availability of the 10.0 Major Release of Informatica MDM – Product 360 during our recent Spring 2020 Virtual Launch Event, where we showcased how customers can fuel their business with AI-powered intelligent data. Product 360 Version 10.0 represents a true major release that delivers significant innovation to our product information management... more
Omnichannel commerce was a consistent trend in 2019 and will continue to be a major aspect of customer experience (CX) strategy for brands and retailers in 2020. According to a Google report, 83% of U.S. shoppers who visited a store in the last week used online search before going to the store. And about 45%... more