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Golden Record (informatics)
In informatics, a golden record is the valid version of a data element (record) in a single source of truth system. It may refer to a database, specific table or data field, or any unit of information used. A golden copy is a consolidated data set, and is supposed to provide a single source of truth and a "well-defined version of all the data entities in an organizational ecosystem". Other names sometimes used include master source or master version. The term has been used in conjunction with data quality, master data management, and similar topics. (Different technical solutions exist, see master data management). Master data In master data management (MDM), the golden copy refers to the master data (master version) of the reference data which works as an authoritative source for the "truth" for all applications in a given IT landscape.{{Cite web , last=IVPMarketing , date=2020-04-14 , title=Back to Basics: Golden Copy of Data Explained , url=https://www.ivp.in/ivp-security-ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Informatics
Informatics is the study of computational systems. According to the Association for Computing Machinery, ACM Europe Council and Informatics Europe, informatics is synonymous with computer science and computing as a profession, in which the central notion is Data processing, transformation of information. In some cases, the term "informatics" may also be used with different meanings, e.g., in the context of social computing or library science. Different meanings In some countries, depending on local interpretations and contexts, the term "informatics" is used synonymously to mean information systems, information science, information theory, information engineering, information technology, information processing, or other theoretical or practical fields. In Germany, the term ''informatics'' closely corresponds to modern computer science. Accordingly, universities in continental Europe usually translate "informatics" as computer science, or sometimes information and computer sci ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Record (computer Science)
In computer science, a record (also called a structure, struct (C programming language), struct, or compound data type) is a composite data structure a collection of Field (computer science), fields, possibly of different data types, typically fixed in number and sequence. For example, a date could be stored as a record containing a Number, numeric year field, a month field represented as a string, and a numeric day-of-month field. A circle record might contain a numeric radius and a center that is a point record containing x and y coordinates. Notable applications include the programming language ''record type'' and for row-based storage, data organized as a sequence of records, such as a database table, spreadsheet or comma-separated values (CSV) file. In general, a record type value is stored in main memory, memory and row-based storage is in mass storage. A ''record type'' is a data type that describes such values and variables. Most modern programming languages allow the p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Single Source Of Truth
In information science and information technology, single source of truth (SSOT) architecture, or single point of truth (SPOT) architecture, for information systems is the practice of structuring information models and associated data schemas such that every data element is mastered (or edited) in only one place, providing data normalization to a canonical form (for example, in database normalization or content transclusion). There are several scenarios with respect to copies and updates: * The master data is never copied and instead only references to it are made; this means that all reads and updates go directly to the SSOT. * The master data is copied but the copies are only read and only the master data is updated; if requests to read data are only made on copies, this is an instance of CQRS. *The master data is copied and the copies are updated; this needs a reconciliation mechanism when there are concurrent updates. **Updates on copies can be thrown out whenever a co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Database
In computing, a database is an organized collection of data or a type of data store based on the use of a database management system (DBMS), the software that interacts with end users, applications, and the database itself to capture and analyze the data. The DBMS additionally encompasses the core facilities provided to administer the database. The sum total of the database, the DBMS and the associated applications can be referred to as a database system. Often the term "database" is also used loosely to refer to any of the DBMS, the database system or an application associated with the database. Before digital storage and retrieval of data have become widespread, index cards were used for data storage in a wide range of applications and environments: in the home to record and store recipes, shopping lists, contact information and other organizational data; in business to record presentation notes, project research and notes, and contact information; in schools as flash c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Table (database)
In a database, a table is a collection of related data organized in Table (information), table format; consisting of Column (database), columns and row (database), rows. In relational databases, and flat file databases, a ''table'' is a set of data elements (values) using a model of vertical column (database), columns (identifiable by name) and horizontal row (database), rows, the cell (database), cell being the unit where a row and column intersect. A table has a specified number of columns, but can have any number of rows. Each row is identified by one or more values appearing in a particular column subset. A specific choice of columns which uniquely identify rows is called the primary key. "Table" is another term for relation (database), "relation"; although there is the difference in that a table is usually a multiset (bag) of rows where a relation is a set (computer science), set and does not allow duplicates. Besides the actual data rows, tables generally have associated wit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Data Field
In data hierarchy, a field (data field) is a variable in a record. A record, also known as a data structure, allows logically related data to be identified by a single name. Identifying related data as a single group is central to the construction of understandable computer programs. The individual fields in a record may be accessed by name, just like any variable in a computer program. Each field in a record has two components. One component is the field's datatype declaration. The other component is the field's identifier. Memory fields Fields may be stored in random access memory (RAM). The following Pascal record definition has three field identifiers: firstName, lastName, and age. The two name fields have a datatype of an array of character. The age field has a datatype of integer. type PersonRecord = record lastName : array 1 .. 20 of Char; firstName : array 1 .. 20 of Char; age : Integer end; In Pascal, the identifier component pre ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Data Set
A data set (or dataset) is a collection of data. In the case of tabular data, a data set corresponds to one or more table (database), database tables, where every column (database), column of a table represents a particular Variable (computer science), variable, and each row (database), row corresponds to a given Record (computer science), record of the data set in question. The data set lists values for each of the variables, such as for example height and weight of an object, for each member of the data set. Data sets can also consist of a collection of documents or files. In the open data discipline, a dataset is a unit used to measure the amount of information released in a public open data repository. The European data.europa.eu portal aggregates more than a million data sets. Properties Several characteristics define a data set's structure and properties. These include the number and types of the attributes or variables, and various statistical measures applicable to the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PensionBee
PensionBee is an online personal pension scheme provider operating in the UK and the US. It was co-founded in 2014 by its chief executive officer, Romi Savova, and chief technology officer, Jonathan Lister Parsons. It is authorised and regulated by the Financial Conduct Authority in the UK. It is authorised and regulated by the Securities and Exchange Commission in the US. History UK Operations In 2021, PensionBee joined the High Growth segment of the main market of the London Stock Exchange. In April 2022, it transitioned to the Premium segment, and from 20 March 2023 PensionBee has been a constituent of the FTSE All-Share and FTSE SmallCap indices. From December 2023, PensionBee has also been included as a constituent of the FTSE4Good Index. US Operations PensionBee launched its US operations in July 2024, partnering with State Street Global Advisors. The platform aims to simplify retirement savings for American consumers by allowing them to consolidate and roll over ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Data Quality
Data quality refers to the state of qualitative or quantitative pieces of information. There are many definitions of data quality, but data is generally considered high quality if it is "fit for tsintended uses in operations, decision making and planning". Data is deemed of high quality if it correctly represents the real-world construct to which it refers. Apart from these definitions, as the number of data sources increases, the question of internal data consistency becomes significant, regardless of fitness for use for any particular external purpose. People's views on data quality can often be in disagreement, even when discussing the same set of data used for the same purpose. When this is the case, businesses may adopt recognised international standards for data quality (See #International Standards for Data Quality below). Data governance can also be used to form agreed upon definitions and standards, including international standards, for data quality. In such cases, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Master Data Management
Master data management (MDM) is a discipline in which business and information technology collaborate to ensure the uniformity, accuracy, stewardship, semantic consistency, and accountability of the enterprise's official shared master data assets. Reasons for master data management * Data consistency and accuracy: MDM ensures that the organization's critical data is Consistency (database systems), consistent and accurate across all systems, reducing discrepancies and errors caused by multiple, siloed copies of the same data. * Improved decision-making: By providing a single version of the truth, MDM aims to have business leaders make informed, Data-informed decision-making, data-driven decisions, and improve overall business performance. * Operational efficiency: With consistent and accurate data, operational processes such as reporting, inventory management, and customer service become more efficient. * Regulatory compliance: MDM tries to help organizations comply with industry ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reference Data
Reference data is data used to classify or categorize other data. Typically, they are static or slowly changing over time. Examples of reference data include: * Units of measurement * Country codes * Corporate codes * Fixed conversion rates e.g., weight, temperature, and length * Calendar structure and constraints Reference data sets are sometimes alternatively referred to as a "controlled vocabulary" or "lookup" data. Reference data differs from master data. While both provide context for business transactions, reference data is concerned with classification and categorisation, while master data is concerned with business entities. A further difference between reference data and master data is that a change to the reference data values may require an associated change in business process to support the change, while a change in master data will always be managed as part of existing business processes. For example, adding a new customer or sales product is part of the standard ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
