Golden Record
Use the matches found to generate a golden record which combines the best data about a person to create a single source of truth
Customize which data sources are most trusted and up-to date to priorities data from preferred sources without having to exclude other sources with the Most Trusted Hierarchy.
Determine most trusted sources at field level. Some fields can be more trusted than others, by managing trusted hierarchy at field level the development of a Golden Record can prioritise the incorporating of information from certain facets of the source record you know to be accurate but discount other fields that are less trusted.
Golden records can be used as a basis for other systems or Bi/Analytics. Analytics, particularly advanced methods based on Machine Learning or AI technologies, perform better and offer richer insight the more information that are fed. The completeness of Golden Records is the most effective foundation for this purpose.
No discarding of source records. In matching records for the creation or development of a Golden Record you do not lose data. The matched or unmatched records can be retained for audit purposes – allowing users to understand exactly what sources and fields contributed the Golden Record and which did not. The raw source data is retained for a complete audit trail and complete visibility of both non-contributing and contributing information ‘behind’ the Golden Record.
See how: Empowering MDM With Efficient Data Matching