Vipservice on guard for technology - data management system

In any large structure, sooner or later, the question of effective use of data array arises. This issue requires the most careful study and, as a rule, is not finally resolved, but has a further history of development of chosen digital solution. It is especially relevant for the Vipservice holding with its capacities and abundance of complex products, so in December the MDM (master data management) system will be launched for centralized collection, unification and distribution of data from the main directories used when working with the holding businesses.

Recall that today Vipservice has 4 own development teams and more than 6 innovative IT solutions, annually modifies existing products or releases new products. All this leads to emergence of huge array of disparate data and its complex management. MDM is designed to manage master data and regulatory directories, it unites all the company systems into a unified efficient business mechanism. Systems start talking to each other faster, more efficiently, and more meaningfully.

MDM has integration with Futura, Personal Account, CRM, 1C, and Finance360.

The main advantages of the system:

• unified database of counterparties;
• elimination of duplicate data used both within one business and within the entire holding;
• reduction of operator labor costs for data entry;
• centralized simultaneous change of data if necessary;
• unified principles of integration with systems-consumers of information;
• cleaning and normalizing data, facilitating search for errors;
• easier introduction of new systems into the company IT infrastructure.

This means that both work of holding employees using reference books should become more comfortable (less input / no need to negotiate in case of data changes) and efficiency of working with counterparties should increase (more prompt response to changes in reference data, reduction of errors).

MDM is a place where you can see the most reliable and complete data, choose which systems will be sources and which receivers, and track history. It is essential that the minimum requirements are imposed on a source of information, which means that is enough that it simply has at least some interface for access. Among the key characteristics of MDM is high reliability of data transmission: the consumer system decides itself how long it needs information on directory changes, and when it is of no interest. It also has the same functions for integration with different receivers. It should be noted that the introduction of MDM is also associated with the definition of single point and those responsible for entering a particular directory.