Databases Reference
In-Depth Information
2.1.2.
The new scorecard
The importance of risk management means that a
company must have indicators for the piloting of the
transparency levels of its IT system. To do this, it must
consider the intangible asset shares made up by its reference
and master data and business rules. These shares must be
delivered all the way to board level.
Boards of directors, representing a company's
shareholders, must be able to verify that their IT systems
revolve around the valuation of intangible assets based on
reference and master data, and business rules. This is the
most secure way of guaranteeing that the traceability is
enforced as required by business regulations.
Therefore, MDM is situated at the highest level of
strategy, at the disposal of corporate governance. It
revitalizes scorecard solutions by adding information coming
from business repositories, that Business Intelligence
systems neither have the ability nor the means to produce
2
.
New KPIs are therefore at their disposal, and enable
decision makers to better follow the data and rules assets, in
particular any evolutions outside of the norm:
-
intangible asset share stability: each month a share
differential is calculated. It enables the progression of the
take-on of the repositories by data domains to be judged
(clients, third parties, products, financial structures, real
estate assets, etc.);
-
number of defects of the master data asset, by defect
type: poor quality, lack of reliability, valuation defect, etc.;
2. Business Intelligence systems run on consolidated data and statistics,
whereas an MDM system has data which is detailed, operational and
synchronized with production systems.
