Master Data Management (MDM) is the DNA of key decision-support reporting. It is what enables Chief Risk Officers within financial institutions to run horizontal reports across all lines of business, and is the bedrock of compliance reporting and audit requirements.

When it comes to implementing an effective MDM solution, these financial institutions run into challenges. Among those are the "data fiefdoms" which arise from lines of businesses seeking to "safeguard" their data. These fiefdoms can be united into a greater and cohesive whole if the business trusts the group data infrastructure to be authoritative and comprehensive.

Combining the Teradata Warehouse with the Teradata Master Data Management solution helps companies meet these demanding data challenges. Together, they provide a truly viable, automated enterprise-class master data management solution for the enterprise risk management (ERM) needs of financial institutions, along with competitively-advantageous breakthrough business capabilities.

To learn more about Teradata Master Data Management for Enterprise Risk Management, download the PDF file.