Centrally Manage Hierarchies for Analytics and BI

Hierarchy management is key to both reference data management and master data management. Product hierarchies, customer hierarchies, and charts of accounts are examples of hierarchies used in both operational and analytical use cases.

Other hierarchies – such as market segmentations, customer groupings, and sales territories – may need to be managed outside operational systems that don’t accommodate these custom views.

Magnitude MDM handles all styles of hierarchies – everything from simple rollups to ragged or unbalanced hierarchies – and includes an ability to support current vs. prior comparisons when hierarchies change. Our model-driven MDM technology easily enables multi-path and complex hierarchies, while providing data stewards with an intuitive, visual drag-and-drop interface for direct edits.

hierarchy management diagram

Key Hierarchy Management Features & Benefits

Robust, Multi-Domain Modeling

Magnitude MDM business models easily support a variety of complex structures across multiple domains. Critical modeling capabilities for hierarchy management include native support for multiple hierarchies that reference the same base entities. Variable-depth or ragged hierarchies, multiple-parents and orphans are all supported as part of Magnitude MDM’s business information modeling.

Managing Identifiers

Each level of a hierarchy may require multiple sets of unique identifiers. Magnitude business models can manage multiple identifiers for each subject. An identifier can be either primary or alternate, optional or mandatory. Model-driven validation quickly flags any duplicates or related gaps in business rules based any of the available keys.  Then, similar to any other business rule validation errors in Magnitude MDM, these invalid subjects are moved into a “working context” for subsequent review and resolution.

Mapping

Magnitude business information models facilitate quick and efficient mapping between entities both within and across domains. Global to local, external to internal, specific to general are quickly defined and implemented with virtually no disruption to existing elements. Base entities can also map to any level within either variable or fixed-depth hierarchies. Changes are automatically captured through both Magnitude MDM’s out-of-the-box time variance support and through audit history.

Hierarchy visualization       

Magnitude MDM offers a hierarchy browser that provides intuitive and straightforward navigation across hierarchies. Users can quickly walk through multiple drill-down paths, compare existing and new hierarchies, update through drag-and-drop, list pending changes and detect possible orphans. In addition to effective visualization, hierarchy updates can easily be assigned to a worklist that bundles all related changes together in the Magnitude MDM workflow.

Versioning and Time Variance

With Magnitude MDM, the creation of new hierarchies, plus any changes to existing hierarchies, are automatically captured and stored across time. With this functionality, end users can review changes across time in one screen or even change history by inserting changes into an existing time sequence. Users can quickly retrieve any subject based on current state, how any hierarchy existed at a point in time, or a combination of the two when looking across categories.

Workflow

Consistent with Magnitude MDM’s user interface and business information models, a powerful and robust workflow enables both efficiencies and proper governance around business process. Workflow manages events, workflow states, and state transitions. Configurable worklists can be used to tie multiple subjects together and managed forward as a group objects within the workflow. Workflows can also include change requests and raised issues from the Magnitude MDM Consumer user interface which is designed for read-only display of published master data.

Governance

A robust, customizable business information model, workflow, and set of validation rules provide just the right amount of control over the business process. Complete audit history captures what changes were made by whom and at what time. Master data subjects are also managed in either working or published context to provide absolute control over both timing and content as to which changes can be made publicly available. In addition to role-based access, MDM model-based security can also be implemented to control which users can view, add or update categories or subjects.

Other common uses of the Magnitude MDM solution include:

  • Reference Data Management – integrate and harmonize external and internal reference data – such as industry codes, entity identifiers, country codes, units of measure and conversion rates – used to categorize information across systems.
  • Data Harmonization – combine multiple data sources into an integrated, unambiguous entity “golden copy” record that can be used by consuming systems to feed a business process.
  • Central Master Data Authoring – create a centralized master data authoring system to create new records, apply custom business rules and then publish to consuming operational systems.
© Copyright 2017-2018 Magnitude Software, Inc. All rights reserved. Magnitude Software is a registered trademark of Magnitude Software, Inc. in the U.S. and other countries. All other product and company names mentioned herein are used for identification purposes only and may be trademarks/registered trademarks of their respective owners

Chris Ney

Chairman and
Chief Executive Officer

Chris oversees Magnitude Software’s overall corporate vision and strategic direction.

As Chairman and CEO, Chris leads Magnitude Software’s corporate vision and strategic direction, driving the company’s acquisition, integration and growth strategies to extend the company’s global reach. Under his leadership, Magnitude Software has developed an unparalleled customer experience, strengthened its culture of innovation, and greatly increased profitability and shareholder value. In September 2014, Chris successfully secured up to $100 million in capital to further build Magnitude Software through product innovation, organic growth and strategic acquisitions.

Ney was previously Co-Founder and President of Silverback Enterprise Group, where the team completed the strategic acquisition of nine industry-leading enterprise software companies and leveraged their synergies to build two powerful new entities: Magnitude Software and Upland Software. Magnitude Software offers a family of award-winning solutions for enterprise performance management, master data management and data connectivity. Upland Software (Nasdaq: UPLD) went public in late 2014 and is a leading provider of cloud-based enterprise work management software with over 2,000 active enterprise customers and more than 235,000 active users in more than 50 countries.

Prior to co-founding Silverback, Ney was CEO of a series of Trilogy/Versata portfolio software companies. He previously served as Chairman of the Board, CEO and Founder of CoreTrac, a financial services CRM software company. Ney began his career working for investment banking firms Lehman Brothers and UBS.

He holds a Bachelor’s Degree in Economics from Texas A&M University.

LinkedIn

Kevin Mischnick

Senior Vice President,
Finance and Accounting

Kevin oversees global financial operations for Magnitude Software.

Bringing more than 25 years of financial experience to Magnitude Software, Kevin is responsible for a number of areas of the business, including Finance, Accounting, Legal and Information Technology.

Kevin’s background includes building and transforming financial teams into high-performing units, implementing systems and processes focused on cost savings and efficiency, and raising nearly $100 million in investor capital. He served as Senior Vice President of Finance for Multimedia Games Inc. and Capstar Broadcasting Corporation. Under his financial leadership, the market values of both companies increased more than tenfold.

Kevin is a certified public accountant and holds a Bachelor of Business Administration in Accounting from Texas Tech University.

LinkedIn

Laurie Dahlgren

Laurie Dahlgren

Global Vice President, People Operations

Laurie oversees HR strategy, talent acquisition, employee engagement and organizational development.

As Magnitude Software’s global people operations leader, Laurie drives initiatives that empower an engaged, high-performing workforce, in alignment with business goals and in support of rapid business growth.

Laurie brings extensive leadership experience across multiple industries and companies at different stages and sizes, including working with employees in 30 countries across 70+ locations. Prior to joining Magnitude, Laurie served as Vice President of People at Mirantis, a leader in open cloud infrastructure. Previously, she was Vice President of Human Resources at Meltwater, a global SaaS company engaged in media intelligence. She held leadership roles with several Silicon Valley venture-backed, technology companies before relocating to Austin, TX in 2017.

LinkedIn

Bill Stephens

General Manager, Magnitude Applications

Bill leads the Magnitude Applications business, driving strategic direction, product and service execution, revenue growth and customer engagement across Magnitude’s applications portfolio.

A seasoned IT and consulting executive with a 20-year track record leading teams to drive customer success across diverse industries, Bill previously served as BIAS’ Vice President of Services overseeing the successful delivery of solutions across the Public Sector and Commercial markets. Prior to BIAS, Bill served for over a decade at Oracle Corporation as an applications consultant, project manager, senior operations director, and consulting executive.

He developed the foundation of his leadership skills while serving as a Cavalry Scout in the Kentucky Army National Guard.

Bill holds a Bachelor of Science in Finance from the University of Louisville.

LinkedIn

Tony Fisher

General Manager, Magnitude Integration

Tony leads the Magnitude Integration business, driving strategy, revenue, product and operations as well as leveraging and integrating our Simba- and Innowera- based technologies for new Magnitude solutions.

An accomplished data management and big data marketplace leader, Tony previously served as the SVP, Business Development & Strategy at Zaloni, an award-winning enterprise data lakes management provider; prior to that role, he was Vice President, Data Collaboration & Integration at Progress Software, where he led the business line’s strategic direction and operations.

Prior to Progress, Tony was the CEO of Dataflux Corporation. He also served as Director of data warehouse technology at SAS. A key technology leader at SAS, Tony provided the engineering research and development direction that helped make SAS the market leader in data warehouse software sales.

Tony earned a Degree in Computer Science and Mathematics from Duke University.

LinkedIn

Darren Peirce

Chief Technology Officer

Darren spearheads the development, execution and management of strategic opportunities and key customer accounts across our portfolio.

As Magnitude’s technology guru and evangelist, Darren is critical to building on our position as a leading provider of software and services that help organizations tackle the challenges and opportunities inherent in digital information management.

Previously, Darren served as CTO and Group Vice President of Product Management at Kalido; prior to that role, he was the Lead Solutions Architect and Manager of Professional Services in the United Kingdom. He also worked in senior consulting positions for companies such as Royal Dutch Shell and British Telecom.

Darren received a degree in Management from Intec College in Cape Town, ,South Africa, and studied Economics at the University of Stellenbosch.

LinkedIn

Mihir Shah

Executive Vice President,
Corporate Development and Strategy

Mihir is responsible for Magnitude Software’s acquisition and organic strategy.

Mihir has over a decade of experience leading acquisitions and strategy. During this period, he led several public and private company acquisitions, divestitures, and minority and majority equity investments.

Previously, Mihir was M&A Executive for IBM’s Information Management Software division, executing IBM’s inorganic strategy through M&A and strategic partnerships. He also served as Operating Executive for private equity firm, Golden Gate Capital, and as Vice President for Corporate Development at Aspect Software.

Mihir holds an MBA from the University of Chicago Booth School of Business and Master of Science from Worcester Polytechnic Institute.

LinkedIn

Karen McPhillips

Vice President,
Marketing

The mind that opens to a new idea never returns to its original state

Karen McPhillips drives marketing strategy and operational execution to grow the company profile, revenue and market position.

Leveraging 20+ years of transformational marketing experience, Karen fuels Magnitude’s corporate and existing portfolio marketing, collaborating to maximize the company’s business strategy while also supporting integration of acquired products and services.

Karen has served on leadership teams of public and private companies of all sizes, transforming marketing functions and generating both tangible and intangible value. Most recently at PlumChoice, she and her team repositioned the brand and metamorphosed the marketing function in support of the company’s pivot from IT support provider to leader in the cloud services and Internet of Things spaces. At Iron Mountain and its technology arm, Iron Mountain Digital, she created new marketing functions, introduced the marketing operations discipline, and spearheaded a closed-loop leads-to-revenue framework coupled with a brand-to-demand communication platform that raised the bar on marketing’s revenue influence. Prior to Iron Mountain, Karen held marketing leadership roles with SaaS back-up leader, Connected Corporation (acquired by Iron Mountain), and SilverStream Software, contributing to the company’s IPO and acquisition by Novell.

Karen earned a Bachelor’s degree in Journalism from St. Michael’s College in Vermont.