Lately we’ve been spending a fair amount of time talking to banks and investment firms about their information management challenges. One industry insider recently summed it all up for me by stating that organizations in this industry are motivated by one of two things – fear or greed. It might sound a bit crass, but that’s not a bad thing and I think it reflects the reality of the market we all, not just banks and investment firms, operate in.
In a previous blog I discussed the four primary MDM architectural styles: consolidated, registry, coexistence, and transactional. In case you missed it, read it here: MDM Architecture Styles – Do you have the right mix? Each has their individual strengths and weaknesses, but no single MDM architectural style is ideal for every application. Read more
Well, actually rather a lot. In a recent webinar in which I participated with Virgin Media, the question was raised by one of the attendees as a current requirement. It surprised me a little, as although I have had many theoretical conversations about the relationship between the two disciplines, it was refreshing to hear customers looking to take real action on the subject. This combined with no less than a dozen conversations with large financial services customers, analysts and industry alumni alike, has inspired me to share. Read more
We’ve had a busy few weeks that have led up to today’s announcement that Kalido and Noetix have joined forces to become Magnitude Software. Everyone here in the new company is excited by the future we’ve planned for ourselves and for our customers. This combination of a strong and established set of BI, reporting, analytics, data warehousing and MDM products creates economies of scale which will increase our competitiveness and profitability and attract additional investments, which will enable us to invest more in our products and our customers. Read more
As many of you know, Kalido announced our “acquisition” last October. Typically, when a company is acquired, especially by a large organization, there are fears that the company will disappear and never been seen again, or emerge integrated with other technologies. Read more
I took my first Kalido training class in October of 1997 and I’ve been involved with Kalido ever since. Because I’ve used Kalido for so long, it’s often easy for me to forget all of the things people had to do manually prior to Kalido coming around. I recently saw a book by Oracle ACE Kent Graziano called “A Check List for Doing Data Model Design Reviews” on Amazon, so I grabbed a copy. Read more
(Updated October 2018) What is the right MDM architecture style for your organization? It’s definitely an open-ended question that deserves an informed answer, especially before making new investment decisions. But before tackling the question, it is useful to define and understand the MDM styles themselves. Dr. Dave Waddington of The Information Difference defined four broad styles in an article published in Information Management. If you follow the MDM space, you’ll see similar descriptions from most of the MDM industry analysts.
Join us Tuesday, December 11th at 11:00 am ET for a webinar discussing master data management’s role in Big Data. Andy Hayler, CEO of The Information Difference will release the results of his latest survey, in which 209 companies shared their views and experiences on Big Data and MDM. Read more
This week, we look forward to hosting a Customer & Partner Event for the EMEA region at the Hempel Hotel in London. Read more