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The moment Reltio and other providers of master data management ( MDM ) software have waited more than seven months for arrived last Thursday. Reltio MDM MQ Highlights. Reltio Connected Data Platform is the only cloud-native, multi-tenant, multi-domain MDM software as a service ( SaaS ) platform on the market.
The report helps businesses that are considering MDM solutions by evaluating 15 of the top MDM vendors across 24 key criteria. As the founder of Reltio, I am honored to see Reltio named a leader in MDM. Reltio scored well in matching, context, governance, business templates, deployment, security, and scalability.
Continuing its focus on COVID-19’s impact on its regulated entities, on April 13, the New York Department of FinancialServices (NYDFS) released new cybersecurity guidance in response to the COVID-19 pandemic.
When done well, master data management (MDM) transforms enterprise data from a chronic source of frustration to its most valuable asset. At Reltio, we call this approach modern MDM, which we pioneered back in 2011 with the launch of the industry’s first cloud-native SaaS platform.
These trends, while not exhaustive, are top of mind for us as we work with our customers and partners to implement modern cloud-based master data management (MDM) solutions that make data-driven decisions, interactions, and operations possible. Cloud-based MDM solutions can help organizations maximize the value of their AI initiatives.
Our innovative customers span different industries like life sciences, financialservices and insurance, healthcare, CPG, apparel, retail, travel and hospitality and high tech. On-premises MDM systems are just too slow. It delivers real-time data at scale through secure API first access and a connected graph for relationships.
Data fragmentation and silos are common challenges faced by various industries, including financialservices, insurance, B2B, and retail. These solutions, endowed with capabilities like MDM and entity resolution, are pivotal in creating a cohesive view of enterprise data.
Once released, the PoC starts the clock for active attacks, especially for security tools, as demonstrated in active attacks on Palo Alto’s PAN-OS vulnerability fixed the week before. Unless major security players [adopt] secure-by-design architectures, this trend will only accelerate due to platformization and consolidation.”
The last Google Cloud Next’19 conference had a focus on better enabling enterprises to adopt a multi-cloud architecture with announcements of tools that address concerns around security, “vendor lock-in”, code migration between clouds, and support of open source.
One reason why many MDM projects have been disbanded in the past is because people cannot wait infinitely for the project to complete. If you are going to create a single version of the truth it needs to be a single version of SECURED truth. They will figure out a short cut and then what you did is not relevant anymore.”.
Ethical data management means you need data governance and data security by design – these initiatives are hard to retrofit. Especially in the Big Data age, you have to know where your data comes from, what it is used for, what security measures are applied to it but also what its value is to the business.
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