Product Overview: Magnitude Kalido MDM
Magnitude Kalido Master Data Management (MDM) is a comprehensive solution designed to help enterprises manage, govern, and utilize their master and reference data effectively. Here’s a detailed overview of what the product does and its key features.
What Kalido MDM Does
Magnitude Kalido MDM is tailored to address the challenges of data fragmentation and siloed data management within organizations. It enables enterprises to integrate, harmonize, and govern their master and reference data from various sources, creating a single, reliable “golden copy” of data. This centralized approach improves data quality, reduces manual data management tasks, and enhances operational efficiencies.
Key Features and Functionality
Data Modeling and Integration
- Kalido MDM offers rich modeling constructs that support real-world business environments through domain-agnostic modeling, matching, and mapping capabilities. This reduces the need for manual stewardship and allows for the visual modeling of complex data domains without costly customizations.
Master Data Management
- The solution combines multiple data sources into an integrated, unambiguous entity record, known as the “golden copy,” which can be used by consuming systems to feed business processes. It also supports central master data authoring, allowing for the creation of new records, application of custom business rules, and publication to operational systems.
Governance and Compliance
- Kalido MDM includes robust governance features such as policy-driven governance, change management, audit, validation, and security. These features ensure that data is managed seamlessly across the entire data lifecycle, supporting regulatory compliance and risk management.
User Interface and Collaboration
- The solution provides audience-specific interfaces that enable active, role-based involvement. It features sophisticated workflow and model-driven APIs for real-time collaboration among data stewards, data providers, and business users. Customizable ‘MDM Apps’ can be created to support specific business processes and tasks.
Universal Access and Scalability
- Kalido MDM offers universal access from mobile devices, web browsers, analytical applications, and operational systems. It has been enhanced for scalability and performance, leveraging database server processing to accelerate data loading and physical schema generation. This ensures faster time-to-value for business intelligence (BI) and analytical applications.
Hierarchy Management and Data Harmonization
- The solution includes a new hierarchy management interface for drag-and-drop editing, facilitating the management of multiple different views of data across systems. It also supports data harmonization by integrating external and internal reference data, such as industry codes, entity identifiers, and units of measure.
Automation and Integration
- Kalido MDM extends model-driven automation to the BI semantic layer, ensuring that reports and BI applications are rapidly deployed and kept up-to-date. It also includes a new REST API based on the OData standard, enhancing integration with middleware and systems that provide and consume master data.
Data Lineage and Reporting
- The solution provides capabilities for audit lineage and activity reporting, offering comprehensive control over end-to-end data-driven processes. Dashboards provide quick visibility into the data, simplifying validation and integrity rules.
In summary, Magnitude Kalido MDM is a powerful tool for enterprises seeking to streamline their data management processes, improve data quality, and enhance operational efficiencies. Its robust features and functionalities make it an ideal solution for integrating, governing, and utilizing master and reference data effectively.