Search Semarchy

Master Data Management can be critical in improving financial institutions’ risk management outcomes. Risk covers anything from decisions about individual clients to overall policies and practices in the organization. Meeting compliance targets and regulatory requirements is crucial, but is often encumbered by poor-quality data.

This post continues our “Back to Basics” or “Data management is simple” series. In another post, I described a commonly agreed classification of data and defined the idea behind Master Data, Reference Data, and Golden Data. This Master/Reference/Golden Data is usually stored and managed in a central database called the Master Data Management (MDM) Hub […]

Leverage next-generation data management and analytics software for transformation and innovation in patient care, provider relations, revenue cycle management, data quality and compliance.

By Samantha Orszulak, Global Marketing Manager at Semarchy In today’s business landscape, enterprises face a vast array of rapidly evolving data sources. These immense volumes of data place constant strain on data teams to consistently extract, transform and load data to derive meaningful value from the organization’s data assets. Consequently, more and more organizations are […]

Master Data Management (MDM) organizes, categorizes, and synchronizes an organization’s data to create a single point of reference, or ‘golden record.’ A solid MDM strategy is the backbone of any data-driven organization, as it ensures reliable and quality data, thereby enabling better business decisions. What Is a Master Data Management Strategy? A Master Data Management […]

Leverage next-generation data management and analytics software for transformation and innovation in patient care, provider relations, revenue cycle management, data quality and compliance.

By Kevin Petrie, Vice President of Research, Eckerson Group The first and second blogs of this series examined the vision, tradeoffs, and evaluation criteria of the data hub. Suppose you weighed the pros and cons and decided your environment needs this type of platform. What now? To recap, business managers and BI analysts use the data hub to play […]

Cloud technologies are more and more familiar to businesses, and customers deploy a larger number of internal and external-facing applications on cloud platforms. However, cloud adoption is not always an easy path, as it sometimes requires business changes and technical skills that may not be readily available. Semarchy xDM has been cloud-ready since its inception. […]

By Katie Joll The banking sector has seen dramatic transformations over the last decade, impacting most aspects of key operations. Banks have made progress with their data capabilities between new regulatory requirements and the prioritization of digital transformation, yet there’s still considerable room for improvement. A McKinsey report reveals that many institutions are not fully […]

Navigating the digital data landscape can be a daunting task. A successful MDM implementation plan is crucial for any business seeking to extract value from its data and streamline its operations. When we talk about a master data management implementation plan, we refer to the systematic approach in which an organization collects, aggregates, manages, and […]