Just-Right MDM solution with out-of-the-box core functionality (Golden Record, Digital Identity, SSO Integrations)
Organizations have adopted MDM for decades, and there is a slew of MDM products out there in the market. Yet, many small and medium-sized organizations haven't adopted MDM because of the combination limitations as listed below.
Many small and medium-sized organizations are thriving for a Just-Right MDM solution that addresses the core functionality such as Golden Record, Digital Identity, SSO Integrations out-of-the-box.
We have created an MDM solution from decades of experience in implementing industry-leading MDM product implementations at all organizations' sizes.
Affordable: Architected the Solution using open source technologies. Limited the functionality to MDM Core - what is needed.
Speed-to-Market: Implementation cycle times are 40-60% faster than the industry-leading MDM solutions.
Flexibility:The Solution is highly configurable and customizable for your Organization's specific needs and can deploy on on-prem and cloud environments.
TCO:Meager total cost of ownership as the Solution uses open source technologies, and organizations can easily maintain as part of their usual support mechanism.
In today's digital Context, customers are expecting a unified omnichannel digital experience. Still,
many organizations have difficulty creating a single gateway experience because they have not
integrated the customer records across businesses' lines and made a Golden Record.
There are two critical reasons for this; One is the basic set of information from the Customer is
not available to match customers across systems. The second is not having useful matching algorithms
to identify and merge customers across systems.
DATAECONOMY's MDM Core addresses both the concerns.
MDM Core is tightly integrated with Identity Providers like OKTA and Ping to handshake when a new customer is created or modified. All Interactions between MDM Core and Identity providers are real-time so that any change in Identity information is updated in real-time to avoid Fraud or illegitimate access.
MDM Core leverages open source technologies like Angular, R/Python/Spring, and others. For data acquisition, processing, and distribution, customers do not have any licensing cost involved from a tool standpoint.
Increase in
Customer Matching
Reduction in Total
Cost of Ownership
Improved
Speed to Market
Configurable data validation process based on each source allowing to configure one or more validations for the same data attribute.
Consisting of configurable AI/ML-based algorithms are both deterministic and probabilistic to match and merge to generate the golden records in real-time.
Highly intuitive Data Steward Portal to address issues coming out of Validations, Match Merge Conflicts
A comprehensive process to ingest data in real-time and batch from internal and external data sources.
Integrated with Internal and external identity provider like OKTA and PING
API Based on real-time and batch distribution mechanism to synchronize the downstream systems
Data Standardization process includes Name and Address standardization integration with external data providers like SmartyStreets, Melisa Data, D&B, and more.
Mulesoft, Springboot, Apache Camel for API & Batch; Python & R for Match Algorithms, Angular & .Net for Data Steward Portal.
Right MDM Solutions to Our Size
Their MDM solution is not very costly but provides all the features of a strong MDM product, for example, a Robust Matching Engine, which is very efficient and captured more than 95% of Golden records; its engine is configurable. Additionally, DATAECONOMY has introduced a very Robust Agile Implementation process for MDM, which we would like to extend to the Organization. The team is very professional, respectful, and accommodative. It has been a great experience working with DATAECONOMY Team.
SVP, Head of Data & Analytics A Mid Size Banking and Financial Services Organization in MidWest, USA
We are excited to Demonstrate the capabilities of the product.