The traditional approach to Master Data Management (MDM) involves extracting relevant data from multiple systems and storing it in a centralized MDM database. This database becomes the master for certain data types, and changes to the master data are managed in the MDM system that are propagated to up / downstream systems. Efforts, costs, and time required for this approach tend to be... https://www.1eq.com/what-we-do/smart-master-data-management