Enterprise Information Management ::Manage Reference Data

Manage Reference Data business activity directs and controls tasks to define lookup data (e.g. location data, currency, transaction codes etc) or controlled vocabulary (country names, city names etc.) used to classify and characterize other information and data so as to ensure consistent and continued viability of information / data used for operations and decision making.

Manage Reference Data involves managing reference data with technology, such as automating workflows to create new codes and code sets, delivering codes and code sets to data users, and mapping data. Manage Reference Data is required to properly manage reference data e.g. location (Country, City, Town, Street, Street numbers), currency, language codes etc. This process includes tasks to handle information/data collection from public or private sources, potential on-site visits for further controls, history management, etc.)<br/>