Easily access
consistent and
ACCURATE CRITICAL
BUSINESS DATA
Master data is the data describing the set of identifiers that provides context about business transactions and operations, such as location, customers, products, assets, etc. It is the core data that is absolutely essential for running a business. Master Data Management (MDM) is a business-led program that depends on people, processes, and MDM platform technology to ensure an organization's most important shared data assets—master data—is consistent, accurate, accessible, and governed. TIBCO EBX® software helps avoid data silos and improve business information with an all-in-one approach to managing master data.
BENEFITS
Increase revenue
Access complete and consistently reliable data for all of your customer touchpoints, helping you deliver better service, fewer mistakes, and more personalized cross-sell and up-sell offers. Master data management can provide a consolidated source of data so you can better understand your customers and be confident your offers are well targeted and well timed.
Accelerate business innovation
Help your R&D teams introduce new products and services faster with clean and trusted data on the project, product, supplier, and staff for every stage of the new product development lifecycle.
Act on insights faster
Deliver a complete, consistent, and reliable source of master data across your organization. Speed time to insight and action by allowing business users to directly access, manage, and visually interact with master data. MDM also simplifies and accelerates data integration, so you can gain insights faster.
TIBCO EBX® Software
REFERENCE DATA
MANAGEMENT
Manage classifications and hierarchies across your systems with reference data management
Reference data is a special subset of master data used for classification and organization of postal codes, cost centers, financial hierarchies, and foreign affairs, to name a few. Whether the data is externally mandated or internally authored, it's unambiguous and non-negotiable. TIBCO EBX™ software is a single solution for managing and distributing your reference data. By centralizing control, you ensure consistency and compliance.
BENEFITS
Decrease after-the-fact reconciliation
Out-of-sync reference data leads to teams and systems using mismatched datasets across different regions, currencies, product lines, financial accounts, or counterparts—and creates errors. Mitigation of after-the-fact reconciliation drastically decreases your organization's costs.
Bridge gaps between teams
Reference data plays a role in self-service. At the most basic level, especially when paired with a portal, it serves as an always-up-to-date repository of highly accurate and attainable data. This makes it easy for users to access, download, and repurpose reference data, which keeps the entire organization on the same page.
Easily meet compliance standards
Maintaining compliance is important to your organization's ability to conduct commerce with customers, distributors, and suppliers—to preserve its reputation, build trust, and avoid penalties.
Unlock
BUSINESS POTENTIAL
Provide consistent and accurate data for any domain
Create maximum flexibility through fully configurable applications
Empower business users with self-service capabilities and collaborative governance
Empower better
decisions and faster,
SMARTER ACTIONS WITH
TRUSTED DATA
Master data and domains
With EBX software, master and model any and all domains and relationships, including reference and metadata, with the tool that invented multidomain.
Eliminate the Need for Multiple Applications
EBX software offers everything you need to manage all your data in one solution including workflow, data quality, role-specific features, and more. Get the out-of-the-box capabilities you need to config.
Get into Production Quickly and Grow
While most custom applications and purpose-built MDM solutions are hard to change, EBX software is flexible and agile. It uses a unique what-you-model-is-what-you-get design approach with fully configurable applications generated on the fly.
USE CASES
Master Data is the
DNA OF YOUR BUSINESS
The DNA of your business is the critical data that is shared between systems and people across your enterprise. Master Data Management ensures your most precious data plays a central role in every decision and action your organization makes and takes. Unlike other vendors, TIBCO EBX® software is industry agnostic, and has defined the master data market for over two decades.
Banking & Financial Services
- Extend personalized offers to clients by organizing data across multiple touchpoints
- Manage multiple lines of business—accounting, international operations, and reporting—from one viewpoint
- Reduce manual steps and time wasted while compiling reports
- Define process workflows to effectively manage compliance like GDPR and CCPA
Manufacturing
- Reduce inefficiencies, production costs, and errors with one trusted view
- Access accurate information on inventory, product returns, and stock outs across your supply chain
- Use integrated applications for KPI accuracy
- Introduce products and services faster with insights into every stage of the dev lifecycle
Pharmaceuticals
- Comply with International Organization for Standardization’s (ISO) identification of medicinal products like IDMP
- Adapt custom applications and purpose-built MDM solutions to evolving regulations
- Manage large volumes of pharmaceutical data
- Consistently audit historical data and proof of actions
Energy
- Avoid costly, inoperable equipment and pipeline downtime with accelerated recovery and predictive maintenance
- Optimize production and resource allocation with a complete 360 degree view of your operation and output
- Simplify compliance reporting and reduce associated costs and penalties
Retail
- Improve resource forecasting, delivery times and warehouse activities with a unified view of your inventory and supply chain
- Provide personalized offers and grow your revenue with complete and reliable data of all customer touchpoints
- Strengthen loyalty by delivering a consistent experience across all channels, both online and in-store
Government
- Personalize citizen interactions and deliver a consistent experience across channels
- Achieve data interoperability among departments and increase overall insight
- Improve control of data domains inside and across agencies to achieve efficient communication and accurate information
TIBCO EBX® is trusted by
INDUSTRY LEADERS WORLDWIDE
Resources
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What is master data management?
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What is master data?
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What is reference data?
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What is metadata management?
