Master and Reference Data are forms of Data Architecture. Here’s why:
Data Architecture Definition:
Structure and Design: Data architecture involves the structure and design of data systems, including how data is organized, stored, and accessed.
Components: Encompasses various components, including data models, data management processes, and data governance frameworks.
Role of Master and Reference Data:
Core Components: Master and Reference Data are integral components of an organization’s data architecture, providing foundational data elements used across multiple systems and processes.
Organization and Integration: They play a critical role in organizing and integrating data, ensuring consistency and accuracy.
References:
Data Management Body of Knowledge (DMBOK), Chapter 7: Master Data Management
DAMA International, "The DAMA Guide to the Data Management Body of Knowledge (DMBOK)"
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