30+ Master Data Management Tools (Research Done For You!)

 

30+ Best Master Data Management Tools

Learn About Core Features, Strengths, Weaknesses, Reviews & More!

Dataand the insights gleaned from itpower today’s most successful businesses. In fact, data has become so critical success that many organizations measure success based on the quality and usefulness of their data.

As the amount of data created and used grows (and so too does its importance), organizations must prioritize managing that data. That includes managing it for cleanliness, accuracy and consistency across the organization, managing access to it and managing the actionability of it. Of course achieving those goals isn’t easy, especially at scale.

Because of this, many organizations are uncovering the need for Master Data Management (MDM) software to augment and support their data management and quality initiatives. The right master data management software can help teams succeed with data management by improving business alignment, data governance, data delivery and use, measurement, organization and more.

Once you identify the need for MDM software, it’s time to determine the best solution for your organization. But that in and of itself can be an overwhelming task, especially given the number of master data management solutions available today.

To help you along this process, we’ve done the initial research for you by compiling 35 of the best master data management tools on the market today and comparing them based on numerous factors.

What You’ll Learn From This List

There are 35 Master Data Management Tools on this list, all with the following information:

  • Summary of MDM software
  • Core product features
  • Strengths
  • Weaknesses
  • Links to customer reviews (where applicable)

This list should help you:

  • Identify the leading MDM software options and understand what each offers (we’ve compiled each solution’s core features, strengths, weaknesses and reviews to make your life easier!)
  • Easily compare and contrast the capabilities of different options in a single place (no need to have 30+ tabs open on your computer trying to compare each side by side -- just scroll on down!)
  • Better understand the core capabilities of MDM software at large as well as the nuances of specific solutions
  • Identify the best use cases for different software (some solutions are geared toward certain types of companies over others, whether it’s size, industry or anything else, and that’s an important distinction to make)
  • Determine how your peers are using the different solutions available and what they’re saying about them

Your Guide to the 35 Best Master Data Management Tools

Multidomain

Software vendors with a narrow focus on data management, and who provide a platform that can be used to manage a variety of data domains, including Customer, Product, Reference Data, and typically any other common domain.


1. Profisee

Profisee is a next generation master data management company with a mission of innovating data management strategies by providing an easy to use, easy to deploy enterprise MDM platform. The Profisee Platform is a full featured enterprise master data management solution designed to provide the lowest total cost of ownership of any competitive solution, without sacrificing on functionality across all major components of an MDM platform. With a focus on the business, Profisee provides the first MDM solution that is truly approachable and affordable for business data stewards.

Core Features:

  • Data modeling
  • Data stewardship and governance
  • Data integration
  • Golden record management
  • Enterprise workflows
  • Event management
  • Metadata management
  • Industry data models

Strengths:

  • Offers a speedy time to value
  • Supports real-time, bi-directional integrations with identity resolution
  • Features robust golden record management to ensure a single, standardized view of all data
  • Delivers proven scalability with continuing levels of high performance

Weaknesses:

  • Lacks strong PIM capabilities, such as BOM support
  • Doesn’t leverage NoSQL database tech, such as graph databases
  • Modest partner ecosystem
  • Only runs on Windows/SQL Server

Where to find reviews:


2. Semarchy xDM

Semarchy offers multi-vector MDM through its xDM platform. The platform uses algorithms and material design to make data stewardship and governance collaborative. Semarchy also takes an agile, iterative approach to implementing its xDM platform.

Core Features:

  • Guided authoring for data maintenance
  • Flexible data modeling
  • Collaborative and agile data governance
  • Match and merge capabilities to maintain a single source of truth
  • Multi-vector MDM for data taxonomies
  • Device traceability

Strengths:

  • Offers integrated modeling without any additional code
  • Delivers strong scalability with options for AWS cloud or on premise setup
  • Supports an iterative implementation approach that allows organizations to start small and grow and evolve MDM capabilities over time
  • Includes metrics, dashboards, versioning and lineage as standard features of the xDM platform

Weaknesses:

  • Minimal relationships with major system integrators
  • Smaller proven customer base
  • Relatively new entrant to the MDM market
  • Collaborative data governance is not part of the core xDM solution

Where to find reviews:


3. Orchestra Networks EBX

Orchestra Networks offers a variety of solutions to help organizations manage their data assets through its EBX platform. The EBX platform covers multi-domain master data management, reference data management, data governance, hierarchy management and taxonomy management.

Orchestra Networks EBXOrchestra Networks EBX

Core Features:

  • Flexible data modeling
  • Integrated data quality capabilities for profiling, cleansing, validating and matching data
  • Collaborative workflows
  • UI designed for business users to view data
  • Real time and batch integration options
  • Data quality dashboards

Strengths:

  • Offers master data management, master data governance and reference data management in a single solution
  • Delivers robust hierarchy management capabilities
  • Features strong visualization and workflow capabilities
  • Supports multi-domain MDM and proactive data governance

Weaknesses:

  • Minimal relationships with major system integrators
  • Limited user documentation
  • Complex configuration process for users who want to go beyond out-of-the-box capabilities
  • Offers customers a very limited view into product roadmap

Where to find reviews:


4. Reltio

Reltio is a cloud-based, multi-domain MDM solution. It supports both structured and unstructured data and offers a scalable solution that can meet the needs of smaller organizations and enterprises alike.

Core Features:

  • Blends and relates master data, reference data, transaction data, interaction data and social data into a single unified view
  • Data as a Service capabilities for access to third party data sets
  • Data auditing and change tracking
  • Big data insights
  • Recommended actions
  • Built-in analytics
  • Collaborative workflows

Strengths:

  • Supports multi-domain MDM
  • Allows for collaborative data governance, rating and segmentation
  • Features native data visualization, analytics and search functionality
  • Delivers robust compliance capabilities, including field-level audit history

Weaknesses:

  • Relatively new player in the MDM space with a still-evolving platform
  • Limited customer references and reviews
  • Minimal implementation support and documentation
  • Limited user documentation

Where to find reviews:


5. Ataccama

Ataccama has a collaborative data curation platform that includes solutions for data profiling and catalog, data governance and quality and master data management. Its MDM solution supports multiple domains, reference data management, hierarchy management and more.

AtaccamaAtaccama

Core Features:

  • Data consolidation
  • Pre-defined business models
  • Reference data management
  • Business rule enforcement
  • Householding, aggregation and categorization to group similar entities and identify relationships
  • Data editing and authoring
  • Hierarchy management
  • Data monitoring and auditing
  • Analytical MDM for data lakes

Strengths:

  • Supports multi-domain MDM
  • Offers robust data matching, identity management and hierarchy management capabilities
  • Delivers a highly scalable solution
  • Supports big data connectivity and full data quality activities

Weaknesses:

  • Less developed product information management capabilities compared to other MDM solutions
  • Requires a separate module to support reference data management
  • Relatively small player in the MDM market
  • Lengthy implementation and deployment process

Where to find reviews:

Software Conglomerate

Software vendors with a broad suite of software, typically including business applications (ERP, CRM, etc.) as well as foundational technologies (databases, integration tools, operating systems, etc.), with data management software representing a small piece of their overall suite.


6. Software AG webMethods OneData

Software AG offers multi-domain MDM through its webMethods OneData solution. The OneData solution is part of Software AG’s larger Digital Business Platform, which includes solutions for analytics and decisions, process and applications, integration and API and devices.

Core Features:

  • Agile, multi-domain data modeling
  • Data governance framework that supports internal and external workflows
  • Role-based security and ability to manage authorizations down to the cell level
  • Data quality matching and grouping
  • Address verification and geocoding

Strengths:

  • Offers native integrations to all of the solutions in Software AG’s Digital Business Platform, including one for business process management
  • Includes detailed hierarchy management
  • Supports several data architectures and use cases
  • Delivers intelligent MDM for geographic data

Weaknesses:

  • Its process-based approach to MDM is a relatively new introduction to the solution
  • Minimal relationships with major system integrators
  • Limited cloud offerings
  • History of issues in new product releases

Where to find reviews:


7. SAP Master Data Governance

SAP Master Data Governance is the MDM solution from enterprise application software provider SAP. The Master Data Governance solution provides domain specific MDM as well as collaborative and pre-built workflows.

SAP Master Data GovernanceSAP Master Data Governance

Core Features:

  • Audit trail for changes to master data
  • Collaborative and pre-built workflows
  • Data cleansing, including profiling, standardization, matching and enrichment
  • Automated routing
  • Built-in data governance based on pre-configured data models
  • Role-based user interfaces

Strengths:

  • Integrates with SAP HANA, an in-memory data platform that supports data cleansing activities and analytics
  • Features flexible workflows, including numerous pre-built ones
  • Offers pre-configured and extensible data models
  • Supports multi-mode data replication efforts

Weaknesses:

  • Less developed hierarchy management capabilities compared to other MDM solutions
  • Relatively immature cloud integration support
  • Relatively limited analytics support for social CRM data
  • Does not have the most intuitive UI

Where to find reviews:


8. Oracle MDM

Oracle MDM is a comprehensive, multi-domain, enterprise-level MDM platform. It consists of several different solutions designed to collect, consolidate, standardize and then re-distribute data across any number of domains and enterprise platforms.

Oracle MDM

Core Features:

  • Customer data management
  • Data governance, including data quality remediation workflows
  • Data management for operational and analytical data
  • Configurable workflows
  • Data quality capabilities for standardizing, matching, merging, analyzing and cleansing data
  • Product information management

Strengths:

  • Supports multi-domain MDM
  • Has a strong global presence
  • Integrates MDM capabilities with data governance and reference data management capabilities
  • Offers proactive data governance

Weaknesses:

  • No support for vertical-specific data models
  • Does not have a very user-friendly UI
  • Relatively expensive solution
  • Lengthy implementation process

Where to find reviews:


9. IBM InfoSphere MDM

IBM InfoSphere MDM is a multi-domain enterprise MDM solution that includes access to IBM’s data governance and orchestration offerings. It offers a highly configurable framework with capabilities for a variety of business users as well as data analytics.

IBM InfoSphere MDMIBM InfoSphere MDM

Core Features:

  • Data matching and deduping
  • Configurable framework available on premise or in the cloud
  • Policy management capabilities for authoring, monitoring and enforcing data quality
  • Graph-based representation for master data and transactional data
  • Flexible access to IBM’s data governance and integration solution

Strengths:

  • Supports multi-domain MDM
  • Offers multiple deployment options, including on premise and cloud
  • Delivers robust support for big data governance and reference data management
  • Offers a highly scalable solution with proven performance, especially around data matching

Weaknesses:

  • Relatively complex solution
  • Typically requires a large technical footprint, which can make implementations lengthy
  • User licensing can get complicated and become expensive quickly
  • Requires frequent updates

Where to find reviews:

Analytics Centric

Software vendors with a suite focused towards data and analytics, with data management software being part in their broader analytics oriented suite.


10. Microsoft SQL Server

Microsoft SQL Server is a database management solution that offers data management, warehousing, integration, disaster recovery, querying and business intelligence capabilities. Microsoft offers several versions of SQL Server, including solutions tailored for a handful of industries.

Microsoft SQL

Core Features:

  • Disaster recovery
  • Data governance
  • Integration services
  • Data partitioning
  • Hierarchy management

Strengths:

  • Includes native AI capabilities
  • Supports seamless integrations with the entire Office suite as well as other Microsoft solutions
  • Offers a variety of versions for different users and industries
  • Delivers strong yet flexible governance capabilities and workflows

Weaknesses:

  • Lacks scalability
  • Limited identity resolution capabilities
  • No roadmap for reference data management capabilities currently
  • Challenging setup and permissioning, with an overall learning curve to using the solution

Where to find reviews:


11. Information Builders Omni-Gen

Information Builders offers an integrated platform for business intelligence (BI), analytics, data integration and data quality. Its data management solution, known as Omni-Gen, includes capabilities for MDM and data quality.

Core Features:

  • Multi-domain MDM
  • Facilitated integration that supports a variety of data, including transactional data
  • Built-in historical data to capture mastered and transactional subjects
  • Data governance, including out-of-the-box orchestration of remediation activities such as cleansing overrides and identity matching overrides
  • Configurable workflows
  • Reference data
  • Data quality services for deduping data

Strengths:

  • Features an easy to use UI for core capabilities
  • Boasts a strong variety of customer references and reviews
  • Provides access to extended capabilities, particularly around BI and analytics through other solutions from Information Builders
  • Includes design tools to visually represent both golden records and source records

Weaknesses:

  • Poor documentation and training for non-core capabilities
  • Minimal relationships with major systems integrators
  • Limited visibility into product roadmap
  • Room for improvement with monitoring and error notifications

Where to find reviews:


12. SAS MDM

SAS MDM is a multi-domain MDM solution from SAS, an enterprise provider of analytics solutions. SAS MDM offers a complete solution for data management, with a strong focus on data quality and governance. Alongside the solution itself, SAS also offers MDM consulting services.

SAS MDMSAS MDM

Core Features:

  • Data quality
  • Data governance
  • Data modeling
  • Data integration
  • Data access, profiling, address verification, enrichment, transformation, cross-field entity matching and business rule monitoring
  • Relationship management
  • Reporting and visualization
  • Source system harmonization
  • Data stewardship through role-based interfaces

Strengths:

  • Supports multi-domain, multi-entity and domain-neutral MDM
  • Offers active data governance with strong data lineage and data remediation as well as a comprehensive business glossary
  • Builds a strong foundation for MDM by starting with data quality and then layering on data governance
  • Delivers a highly scalable solution with reliable support for large datasets

Weaknesses:

  • Limited support for product master data
  • Minimal relationships with major system integrators
  • Relatively expensive solution
  • Limited user documentation

Where to find reviews:


13. Kalido MDM by Magnitude

Kalido MDM by Magnitude is a multi-domain MDM solution that supports data modeling and policy-driven data governance. It also offers a handful of interfaces for unique audiences, with different views for a variety of roles.

Kalido MDM by MagnitudeKalido MDM by Magnitude

Core Features:

  • Audience-specific interfaces
  • Reference data management and hierarchy management capabilities
  • Data harmonization to combine multiple data sources and create a golden record
  • Centralized master data authoring for creating new records, applying business rules and pushing data out to operational systems
  • Data stewardship and policy-driven governance
  • Visual data modeling

Strengths:

  • Offers reference data management, hierarchy management, centralized authoring and data harmonization in a single solution
  • Supports multi-entity MDM and deployments across multiple domains
  • Allows for unique user interfaces for different roles, all without any coding
  • Features robust visual modeling capabilities

Weaknesses:

  • Minimal relationships with major system integrators
  • Limited customer references and reviews
  • Magnitude’s history of and continued focus on acquisitions can lead to poorly integrated solution developments (versus natively developing new capabilities)
  • Less developed information governance support compared to many other MDM solutions

Where to find reviews:

CDI (Customer Data Integration) Focused

Software vendors whose technology focuses primarily on the management of customer information, traditionally called Customer Data Integration.


14. Pitney Bowes SPECTRUM

SPECTRUM is part of the Data Management & Integration suite of solutions from Pitney Bowes. Pitney Bowes is known for enabling commerce through its mailing, shipping and global eCommerce solutions. It also offers software and data solutions around location intelligence, customer engagement and customer information management (the umbrella under which SPECTRUM falls).

Core Features:

  • Metadata insights to create a single view of customers
  • Data hub module for developing data models
  • Data federation to democratize access to information without combining data sources
  • Enterprise data integration module that supports batch and real time integrations with multiple data sources
  • Data stewardship for address verification and geocoding

Strengths:

  • Features an easy to use UI for graphical data modeling, especially for complex and connected data
  • Offers data integration, data quality, data governance and analytics capabilities all in one solution
  • Delivers semantic modeling and robust support for multi-entity and multi-domain MDM
  • Delivers a single platform SaaS solution that covers MDM, intelligence and customer engagement

Weaknesses:

  • The entire MDM solution is relatively new to the market
  • Data governance capabilities are less fully developed than in many other MDM solutions
  • Minimal partner relationships
  • Limited product information management and reference data management capabilities

Where to find reviews:


15. VisionWare

VisionWare offers MDM and enterprise master index patient solutions for a variety of players in the healthcare space (including hospitals, health systems, healthcare IT partners and health plan providers) as well as state and local governments. Its MDM solutions include MultiVue for data management, Chroma for data stewardship and governance and VeRus for data quality.

Core Features:

  • Flexible data matching and merging
  • Data stewardship and governance
  • Data verification, standardization and enrichment

Strengths:

  • Supports multi-domain MDM
  • Offers a tight integration with Microsoft Dynamics CRM as well as other Microsoft solutions
  • Delivers deep capabilities for healthcare, insurance and public sector use cases
  • Meets strict compliance requirements for healthcare and insurance markets

Weaknesses:

  • Niche solution for healthcare, insurance and public sector organizations
  • Limited customer references and reviews
  • Limited capabilities as a persistent data hub
  • Minimal partner relationships, especially with major system integrators

Where to find reviews:


16. Innovative Systems Inc. Synchronos

Innovative Systems Inc. is a long-established provider of enterprise data management and risk management solutions. Its Synchronos MDM solution supports operational and analytical use cases and can be deployed on premise, in the cloud or as a hybrid solution.

Core Features:

  • Data profiling, discovery and monitoring
  • 360 degree view of data
  • Workflow management
  • Reference data management
  • Metadata management
  • Hierarchy management
  • Extended relationships networking
  • Enterprise modeling
  • Data quality
  • Dashboards and reporting
  • API integrations

Strengths:

  • Supports multi-domain MDM
  • Offers an easy to use and low maintenance platform that requires minimal resources
  • Offers hierarchy management and workflow management
  • Follows a guaranteed time and cost model for implementation that often leads to a speedy time to market

Weaknesses:

  • Does not have a tool for data governance, just consulting services
  • Innovative Systems has over 45 years of data management experience, but the Synchronos solution itself is relatively new to the MDM market
  • Reference data management capabilities are integrated into the larger MDM platform, which can be limiting as opposed to having a separate tool
  • Minimal relationships with major system integrators

Where to find reviews:

Database Platform Centric

Software vendors whose primary focus is on providing database platforms, and offer data management as an ancillary offering to their core database offerings.


17. Neo4j

Neo4j is a graph platform for connected data. It specializes in recognizing relationships among data points using a graph database as the foundation of its platform. Neo4j offers a variety of data management capabilities, including data integration, discovery and visualization.

Core Features:

  • Graph analytics for data visualization and understanding
  • Data discovery
  • Data lake integration

Strengths:

  • Offers robust graphical capabilities for data analytics
  • Features user-friendly dashboards
  • Includes strong domain data modeling capabilities
  • Delivers highly responsive customer support

Weaknesses:

  • Supports only very niche use cases
  • No support for multiple domains
  • Limited integrations with popular web frameworks
  • Limited user community support

Where to find reviews:


18. InterSystems IRIS

InterSystems IRIS is a cloud-first data platform that offers data management, interoperability, analytics, deployment, security and development capabilities. IRIS is one of five data-driven platforms from InterSystems, a software provider that specializes in the healthcare, government, financial services, utilities and retail sectors.

Core Features:

  • Data integration and orchestration
  • Multidimensional database
  • Data modeling
  • Data analytics
  • Data auditing

Strengths:

  • Supports a 100% cloud-based solution
  • Meets strict compliance standards for healthcare, government and financial services industries
  • Offers an enterprise-scalable solution
  • Delivers industry specific insights for organizations in the healthcare, government, financial services, utilities and retail sectors

Weaknesses:

  • Limited customer references and reviews
  • Limited partner relationships, especially with major system integrators
  • No data governance capabilities
  • No support for multiple domains

Where to find reviews:


19. Teradata MDM

Teradata MDM is a multi-domain MDM solution that also offers data governance for master and reference data. It relies on a workflow and process driven environment to define and optimize master data.

Core Features:

  • Data governance
  • Reference data management
  • Data cleansing, arranging, tracking and synchronization
  • Customer interaction, product, supplier, account and business data support

Strengths:

  • Supports multi-domain and multi-entity MDM
  • Offers a data matching engine
  • Includes reference data management and enterprise data warehouse capabilities
  • Supports analytical and operational MDM

Weaknesses:

  • Limited customer references and reviews
  • Minimal relationships with major system integrators
  • Relatively limited active data governance capabilities compared to other MDM solutions
  • Customers have reported performance decreases as data volume scales

Where to find reviews:

Integration Centric

Software vendors whose primary focus is on data integration (ETL, EAI, etc.), and provide data management as part of a larger suite of data integration and management technology.


20. Talend

Talend offers a MDM platform with capabilities for data stewardship, integration and quality. Talend has two MDM solutions -- a free, open source solution (Talend Open Studio for MDM), which offers a limited set of capabilities, and a subscription-based license solution (Talend MDM), which offers access to Talend’s full breadth of capabilities.

Talend

Core Features:

  • Data components and connectors, including file management, data orchestration and integrations
  • Design and productivity capabilities, including data schemas and interactive data viewers
  • Data management and monitoring, including data masking, data profiling and semantic discovery (Talend MDM only)
  • Data quality and governance, including data preparation, modeling and profiling as well as impact analysis and audit trail capabilities (Talend MDM only)

Strengths:

  • Offers MDM capabilities for a variety of users and roles
  • Has a relatively lower cost compared to many other MDM solutions
  • Supports XML based MDM
  • Boasts a strong customer base, especially from a big data perspective

Weaknesses:

  • No upstream data governance
  • Relatively new cloud offering
  • UI is not intuitive and doesn’t support customization
  • Requires significant resources to run

Where to find reviews:


21. Liaison ALLOY

Liaison ALLOY offers cloud-based data integration and management for the healthcare, life sciences, manufacturing, retail and CPG, logistics and distribution, chemical, oil, gas and financial services industries. Liaison also offers a version of its ALLOY platform tailored specifically to the healthcare industry.

Core Features:

  • Unified integration and data management capabilities
  • On-demand, self-service access to data via a big data repository
  • Data consolidation, cleansing and enrichment capabilities
  • Data visibility and reporting tools
  • Any-to-any integration that connects any two endpoints

Strengths:

  • Delivers deep industry knowledge for healthcare organizations
  • Meets stringent compliance requirements for the healthcare and financial services industries
  • Features an easy to use UI
  • Offers access to a managed services team

Weaknesses:

  • Focuses on only a handful of industries
  • Limited customer references and reviews
  • Less powerful UI compared to many other MDM solutions
  • Minimal relationships with major system integrators

Where to find reviews:


22. Dell Boomi

Dell Boomi is a built-in-the-cloud MDM solution from Dell. It offers capabilities around application integration, master data management and domain-specific data quality. Boomi’s multi-tenant platform supports cloud-to-cloud, cloud-to-on premise and on premise-to-on premise integrations, including real time integrations, and it scales elastically to support increases in volume.

Dell BoomiDell Boomi

Core Features:

  • Visual data modeling and definitions
  • Data synchronization through a variety of integrations
  • Data stewardship, including the ability to create business rules and alerts
  • Data deduping
  • API management
  • Application integration support
  • EDI support

Strengths:

  • Supports robust “next gen” MDM capabilities, such as bidirectional data flows, data enrichment and multi-domain support
  • Offers MDM, data integration and API management in a single solution
  • Includes an analytics-based control console
  • Provides access to a fully cloud-based solution that integrates easily with both cloud and on premise applications

Weaknesses:

  • Reference data management capabilities are less fully developed than in many other MDM solutions
  • Limited product information management capabilities
  • Steep learning curve for users
  • Poor debugging capabilities

Where to find reviews:


23. TIBCO MDM

TIBCO MDM offers a cloud-based, multi-domain environment that supports multi-party and multi-tier distribution. It is one of several data, API, reporting and analytics solutions from TIBCO.

Core Features:

  • Multi-domain MDM with an extensible master data repository
  • Flexible data modeling that can capture cross-domain relationships
  • Ready-to-go templates and drag-and-drop UI capabilities, no coding required
  • Dashboards for data and workflow visualization

Strengths:

  • Provides complete lifecycle support for multi-entity and reference data
  • Supports integrated business process management, collaborative authoring and orchestration to allow for active data governance
  • Offers templates for a variety of domains and supports multi-hub and multi-application MDM
  • Allows for collaborative and operational MDM

Weaknesses:

  • Less developed reference data management capabilities compared to many other MDM solutions
  • Slow to refresh data
  • Limited customization capabilities
  • Steep learning curve for business users

Where to find reviews:


24. Informatica MDM

Informatica is an enterprise cloud data management provider with a variety of solutions designed to help organizations take control of their data and put it to work. Informatica MDM is a modular, end-to-end solution that provides multi-domain MDM capabilities and can be deployed in the cloud or on premise.

Informatica MDMInformatica MDM

Core Features:

  • Data acquisition, including from cloud, on premise or third party sources
  • Data enrichment
  • Relationship identification
  • Data deduping
  • Integrations with transactional and social data
  • Identity resolution
  • Business process management
  • Supplier and product information management
  • Data integration, quality and governance

Strengths:

  • Supports multi-domain MDM
  • Offers big data relationship management
  • Delivers a highly scalable solution with proven performance
  • Offers a multiple deployment options and supports several use cases due to its ability to integrate a variety of data types (including transactional and supplier data)

Weaknesses:

  • Less developed data governance capabilities compared to other MDM solutions
  • Features a complex UI that has a learning curve to it, especially for business users
  • Implementation can be difficult and typically requires a highly experienced partner
  • Limited capabilities around reference data

Where to find reviews:

PIM (Product Information Management) Focused

Software vendors whose technology focuses primarily on the management of product information, traditionally called Product Information Management.


25. Agility Multichannel

Agility Multichannel is a specialized MDM software with a focus on what it calls “Product Management for Commerce.” Its unique focus centers around product enrichment, analytics and multichannel syndication for product data in order to help commerce organizations better manage and integrate data. Agility Multichannel also aligns product data with all other master data.

Agility MultichannelAgility Multichannel

Core Features:

  • Data integration
  • Data governance
  • Data modeling
  • Reference data management
  • Hierarchy and relationship management

Strengths:

  • Features an easy to use UI
  • Offers advanced capabilities around managing and integrating product-specific data
  • Includes a strong customer support engine
  • Supports a wide variety of integration opportunities, including those that extend beyond the data world

Weaknesses:

  • Limited scalability beyond product management for commerce
  • Niche solution specifically for the retail, manufacturing and distribution industries
  • Limited customer references and reviews
  • Minimal relationships with major systems integrators

Where to find reviews:


26. EnterWorks Enable

EnterWorks has a variety of information software and master product data software. Its EnterWorks Enable solution offers capabilities around product information management, MDM, dynamic data modeling, workflow and collaboration, syndication and publishing, digital asset management, auditing and reporting and more. The MDM portion of the Enable solution integrates product information to provide centralized management and data enrichment.

Core Features:

  • Data governance, including collaborative workflows and customizable business rules
  • Data stewardship that combines data profiling with attribute management capabilities
  • Data quality tools to validate, cleanse and classify all imported data
  • Multi-domain management, with the ability to centralize governance and stewardship
  • Flexible data modeling with no coding required
  • Hierarchy modeling

Strengths:

  • Offers robust product information and reference data management capabilities
  • Delivers an enterprise level solution with proven scalability
  • Uses an XML based architecture that allows users to create custom, complex data models without any coding work
  • Provides granular control over data and permissioning

Weaknesses:

  • Relatively small partner base
  • Data matching capabilities are less fully developed than in many other MDM solutions
  • All-in-one solution that may be too much for some organizations
  • Needs improvement handling heavy user traffic

Where to find reviews:


27. Verdantis Harmonize and Integrity

Verdantis provides material master data management through its Harmonize and Integrity solutions. Verdantis Harmonize focuses on cleaning and deduping data while Verdantis Integrity keeps data clean with data governance and workflows. Both Verdantis solutions use artificial intelligence to automatically classify, dedupe, enrich and manage data.

Core Features:

  • AI-driven data management capabilities
  • Data classification that works with any schema and learns over time
  • Attribute extraction
  • Fully automated data normalization
  • Intelligent “AutoCrawl” to structure unstructured data and simplify data aggregation

Strengths:

  • Includes AI and automation to cut down on errors
  • Offers strong user support
  • Boasts proven domain expertise
  • Supports over 26 languages

Weaknesses:

  • Offers separate solutions for initial data cleaning and ongoing data management
  • Limited customer references and reviews
  • Minimal partner relationships
  • Less powerful UI compared to other solutions

Where to find reviews:


28. sparesFinder

sparesFinder offers connected, cloud-based software for building and maintaining accurate, accessible and reliable master data. sparesFinder offers data standardization and enrichment, analytics and reporting, governance and discovery capabilities.

Core Features:

  • Data cleansing, standardization and enrichment
  • Data scanning for record completeness
  • Pre-built analytics reports
  • Customizable dashboards
  • Audit trail for data modifications
  • Data synchronization
  • Data filtering

Strengths:

  • Supports a 100% cloud-based solution
  • Offers flexible and customizable reporting
  • Has strong ERP integration offerings
  • Delivers simplified data discovery

Weaknesses:

  • Limited customer references and reviews
  • Limited partner relationships, especially with major system integrators
  • Requires four different solutions to get the complete platform capabilities
  • No US presence

Where to find reviews:


29. Riversand

Riversand is a global software company with a variety of solutions designed to help organizations take control of their data. Its MDM software offers an all-in-one, cloud native platform for multi-domain MDM that covers data governance, data quality, reporting and more.

Core Features:

  • Vertical-specific master data use cases, including product, customer, vendor, spare, materials and supply chain master data
  • Data governance
  • Reporting
  • Data quality

Strengths:

  • Supports multi-domain and multi-entity MDM
  • Offers deterministic data matching
  • Delivers robust process orchestration and product information management capabilities
  • Includes built-in capabilities for data governance and data quality

Weaknesses:

  • Limited implementation partners
  • Less developed operational capabilities for customer master data compared to other MDM solutions
  • Minimal international presence
  • Requires a complex and costly implementation

Where to find reviews:


30. Stibo Systems STEP

Stibo Systems provides technology to help manage operational information. Its MDM solution, STEP, supports multi-domain MDM for product, customer, asset, supplier, employee, reference and location data. Stibo Systems also has unique solutions for product MDM and customer MDM.

Stibo Systems STEPStibo Systems STEP

Core Features:

  • Management for product, customer, asset, supplier, employee, reference and location data
  • Data governance
  • Data onboarding
  • Data cleansing
  • Data enrichment
  • Data sharing

Strengths:

  • Supports multi-domain and multi-entity MDM
  • Offers robust and scalable product information management
  • Has significant partner relationships
  • Delivers a user-friendly UI

Weaknesses:

  • No proactive data governance
  • Less developed reference data management capabilities compared to other MDM solutions
  • Complicated approval process for business rules and workflows
  • Limited options for cloud implementation

Where to find reviews:

Vertically Focused

Software vendors whose data management solutions are focused primarily on a single industry vertical, such as Financial Services, Healthcare, or retail.


31. NeoXam DataHub

NeoXam DataHub is a niche MDM solution for data used or produced by financial institutions. It offers centralized data management capabilities designed specifically to handle financial data and allows users to model, archive and govern data as well as create reference databases. NeoXam DataHub offers several custom capabilities on top of its core platform.

Core Features:

  • Record and hierarchy management
  • Data modeling
  • Repository creation
  • Indices and benchmarks

Strengths:

  • Offers industry expertise for financial data
  • Meets high regulatory requirements for the financial industry
  • Integrates with a variety of front, middle and back office solutions as well as other data platforms
  • Has a well-established presence in the financial industry

Weaknesses:

  • Niche solution only for finance data
  • Requires integrations with other platforms for the full breadth of MDM capabilities
  • Solution can get complicated due to the variety of add-ons available, many of which (like data quality, enrichment and reporting) are core to many other MDM solutions
  • Minimal partner relationships, especially with major system integrators

32. Indus Valley Partners

Indus Valley Partners offers a variety of products ranging from regulatory reporting to portfolio analytics to data management, all designed especially for the global asset management industry. Its EDM solution provides data management, distribution, monitoring and control capabilities for this niche market.

Core Features:

  • Over 600 pre-configured adaptors
  • Data flow monitoring dashboards
  • Customizable data distribution flows
  • Data quality and governance controls, with over 1,000 pre-configured checks

Strengths:

  • Offers a targeted solution designed to support very specific use cases for Alternative Asset Managers
  • Features an intuitive user interface
  • Supports automatic load balancing
  • Includes pre-configured adaptors and data quality checks to speed time to market

Weaknesses:

  • Niche solution only useful for a very target audience
  • Limited customer references and reviews
  • Minimal partner relationships
  • No support for multi-domain MDM

33. Golden Source

Golden Source provides a flexible data management infrastructure specifically for organizations that trade in financial markets. Its solution suite supports EDM and MDM capabilities for a variety of financial institutions and industry use cases, all with the goals of helping organizations manage risk, maintain compliance, control costs and find new opportunities.

Core Features:

  • Data auditing
  • Hierarchy and relationship management
  • Data acquisition, cleansing, normalization, validation, enrichment and distribution
  • Data administration and business activity monitoring
  • Exception management
  • Data modeling and workflows
  • Pre-configured integrations with third party vendors

Strengths:

  • Meets strict compliance standards for financial organizations
  • Has a strong global presence
  • Approved to serve as the central client data repository to support Know Your Client (KYC), Anti-Money Laundering (AML)and client on-boarding workflows and the central counterparty data repository to support Standing Settlement Instructions (SSIs), Anti-Money Laundering (AML), multiple industry classification schemes (SIC, GICS)as well as internal and external credit ratings
  • Supports hierarchy and relationship management

Weaknesses:

  • Limited customer references and reviews
  • Niche solution for the financial industry
  • Minimal relationships with major system integrators
  • No cloud implementation options

34. Verato

Verato offers a cloud platform for identity resolution and matching. Originally designed for healthcare organizations, Verato combines master patient index and MDM capabilities into a single platform to develop a complete picture of patients and access more accurate analytics. Verato has since expanded to deliver solutions for retail, public sector and financial services organizations as well.

Core Features:

  • Identity resolution backed by US demographic data and automatic data matching
  • Data deduping
  • Data stewardship
  • Real time data validation
  • Data enrichment powered by a pre-indexed, third party reference database

Strengths:

  • Meets strict compliance regulations for healthcare, financial services and public sector organizations
  • Offers a cloud-based platform that helps speed time to market
  • Delivers the ability to match data even if two records have out-of-date, incorrect, incomplete or inconsistent data
  • Boasts a relatively low total cost of ownership

Weaknesses:

  • Identity resolution works for US data only
  • Niche solution for the healthcare, retail, financial services and public sectors
  • Limited customer references and reviews
  • Limited partner base

35. Vinculum Vin MDM

Vinculum is a global company that offers SaaS based solutions for eCommerce, including multi-channel order management and fulfillment through point of sale, warehouse management and MDM solutions. VIN MDM offers multi-domain master data management designed specifically for retail.

Core Features:

  • Product information management that extends across multiple channels
  • Customer data integrations to sync customer data across various systems along the entire supply chain
  • Collaborative workflows and data governance
  • Data quality capabilities, including data profiling, cleansing, standardization and enrichment
  • Data integration for structured and unstructured data

Strengths:

  • Supports multi-domain MDM, including out-of-the-box support for key retail data points like product and supplier information
  • Includes collaborative authoring and orchestration that allow for active data governance
  • Offers social media integrations
  • Handles probabilistic and deterministic data matching

Weaknesses:

  • Niche solution for retail
  • Limited customer references and reviews
  • Limited partner relationships, especially with major system integrators
  • Relatively new to the US market

Where to find reviews:



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