RESEARCH REPORT

In brief

In brief

  • Companies compete on their ability to access the best data and insights. This report shows a solution to track and access data across multiple systems.
  • Using the same technology that underpins the internet, Accenture’s “Universal Metadata Repository” (UMR) provides a view of the data supply chain.
  • The report shows how the UMR augments existing data tools, enabling companies to unlock new value from their data investments.


Bringing data together

Enterprise data management enables companies to “know what they know.” But it doesn’t reveal insights outside the scope of an initial query. Bottom line? Up to now, as every organization knows, it’s been hard to find and access relevant contextual data.

Companies compete on data. And today more than ever they need a common way to govern and manage this core asset. That requires an integrated view combining critical metadata right across the data supply chain.

Accenture’s Universal Metadata Repository (UMR) changes all that. Using the same technology that underpins the internet it provides a single logical view of the data supply chain to support:

  • A single federated system: incorporating the views of many tools and allowing them to interoperate and exchange metadata across business and technical domains.
  • A living system: machine learning augments and accelerates manual data management processes, automatically discovering data rules and metadata and dynamically updating them.
  • Data rules enforcement: through dynamic queries that automatically detect discrepancies and generate implementation updates.

Because data is often held in separate tools, systems and locations and managed by separate groups, companies have experienced a disconnect between what they want from their data and their ability to deliver. That’s changed forever. The UMR makes connections in all the right places, making it easy to understand, trace and access data throughout the data supply chain and across multiple systems.

Data catalog and discovery

The UMR augments these tools by providing advanced internet-like search functionality.

Data quality

Tracking all the metrics and their interrelationships, the UMR monitors data quality programmatically.

Data lineage

The UMR lets users trace data from its system of origin right through to the point of consumption, tracking changes along the way.

Policy and user management

The UMR uses Role-Based Access Control (RBAC) to create user roles and allocate permissions.

Business glossary

This defines business terms and definitions related to physical assets so users can understand data semantics and why/how it’s being used.

Connectors

Plugging into any metadata or pipeline tool, custom connectors extract the metadata into the UMR—providing a single, coherent environment to search and view metadata.

View All

The UMR in action: Anti-money laundering

In a unique anti-money laundering (AML) deployment, the UMR is enabling banks to get the most value from their data and analytics investments in this key space. Implemented for an AML multi-tenant utility, the UMR helps consortium members track their data across multiple systems and transactions in a programmatic and transparent way. The UMR:

  • automatically stores technical metadata on data linked to customers, accounts, transaction, transfers and alerts generated when transactions/transfers could be money-laundering activities
  • provides a data catalog with discovery capabilities to search for specific entities.
  • maps technical data to business metadata to provide business context to all physical data entities
  • shows end-to-end lineage, from business terms to scenarios/models and underlying data tables, all the way back to the original source files.
The UMR reduces the friction in your data supply chain so you can unlock the value of your data.
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