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Reference Data Management tools
Reference data management tools help manage and bring consistency to your data. They enable business users to aggregate data quickly and understand the overall condition of the business. Reference data tends to be overlooked in many enterprises but although its amount in most organizations is relatively small, it can cause a major difference in data management.
Synchronos MDM
Synchronos is an enterprise-level master data management (MDM) software platform that offers accurate, standardized reference data, assurance of consistent master information, minimized errors and inefficiencies, and compliance across the entire organization.
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Magnitude Agility PIM
Magnitude Agility PIM is software designed to manage multiple master data domains, including things, places, vendors, reference data, and relationships and hierarchies. Regarding reference data management, it offers management of choice lists, keywords,, and special characters. It manages lists of data in separate structures; e.g., defining “Markets”.
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erwin Data Catalog
The erwin Data Catalog Suite efficiently integrates and activates data in a single, unified catalog in accordance with business requirements. One of its key components is erwin Reference Data Manager, which manages reference data of all types to provide visibility, control and consistency, reduce costs, and ensure accurate and consistent use across enterprise systems.
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Pimcore Master Data Management (MDM)
Pimcore Master Data Management (MDM) manages any data such as reference data, product data, customer data, employee data, asset data, etc. It enables you to manage all aspects of any master record, including hierarchy, structure, validation, versioning, and enrichment with attributes, descriptions, translations, documentation, and other related data.
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Amurta Reference Data Management
Amurta Reference Data Management helps in establishing a Reference Data Unit will help oversee data management across the organization. It helps create reference data to describe the entities and each attribute in it by using metadata. In addition, you can govern reference data and reduce operational risk.
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Client Solutions RDMA
RDMA - Reference Data Management Application - from Client Solutions is a no-code master data management application that allows your business users to maintain and access their reference data simply and quickly. It features a browser-based single interface to enable controlled access to view and manage reference data across all databases within an organization.
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Kingland Enterprise Data Management
The Kingland Enterprise Data Management Platform Suite offers a variety of fully configurable engines, giving you control of your rules, workflows, user permissions, reference data, and more. It lets you easily view, maintain, and use your organization's reference data within the reference data management module.
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CubeLogic
CubeLogic Reference Data Management tool provides a full master data management services for capturing and managing all the required reference data for efficient business process management. Manage counterparty data, contract data, limits, contact data, regulatory data, KYC, and collateral along with product codes, hierarchies, calendars, and country information. The tool has a full audit trail capability, along with extensive access control. Reference data is extensible to capture client-specific fields and document links.
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Syniti Master Data Management
Master Data Management solutions from Syniti orchestrate processes that enforce the entry of the highest quality master and application data into business systems. It creates a single point of reference to master and application data from multiple domains.
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Teradata Master Data Management (MDM)
Teradata Master Data Management (MDM) drives significant ROI using consistent reference data to establish an accurate analytical data foundation. It is a single solution that supports multiple domains, eliminating the need to buy multiple solutions, product, and reference data. It provides a central framework with complete support of a workflow and process-driven data governance environment.
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SAS Reference Data Manager
SAS Reference Data Manager provides hierarchy and data management capabilities for your organization's reference data. Using SAS Reference Data Manager, you can access a repository to manage important reference data that is used by technical, business, and IT users. This repository can be centrally managed, versioned (the history and progression of changes to the data can be maintained and managed), linked to business terms defined in the Business Data Network component of Web Studio, or exported to external systems.
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Reference data is the most shared class of data in an entire organization. It impacts daily operations and contains valuable insights. In order to deliver its value, reference data management tools allow access and distribution of reference data across multiple systems and help data stewards populate and manage it over time.
Reference data management tools are not only automating workflows but also:
Minimizing errors and inefficiencies,
Reducing data and operational management cost,
Mapping data,
Comparing data from various parts of the organization.
Presented above is the list of paid solutions for reference data management that can also take care of data quality management and data validation.