MDM Data Governance & Stewardship Frameworks 5

Question 1

Which framework is most commonly referenced when establishing enterprise data governance programs that complement MDM implementations?

Accepted Answer

DAMA-DMBOK (Data Management Body of Knowledge)

Answer

DAMA-DMBOK is the primary reference framework for enterprise data management and governance programs, widely used alongside MDM implementations.

Question 2

In Informatica MDM, what is the significance of the 'consolidation indicator' (CONSOLIDATION_IND) on a base object record?

Accepted Answer

It indicates the consolidation state of a record, such as whether it is a candidate for merge, has been merged, or is the surviving golden record

Answer

The CONSOLIDATION_IND column indicates a record's state in the consolidation lifecycle—for example, whether it is a merge candidate (4), merged (2), or the master cell (1).

Question 3

What governance challenge does 'party data' management address in MDM, particularly for financial services organizations?

Accepted Answer

Maintaining a single, consistent view of customers, counterparties, and legal entities to support KYC, AML, and regulatory compliance

Answer

Party data management in financial services MDM focuses on creating a single trusted view of all parties for KYC, AML, and regulatory reporting compliance.

Question 4

When a data governance framework mandates 'data quality SLAs,' what does this mean in an MDM context?

Accepted Answer

Agreed-upon measurable targets for data quality dimensions (completeness, accuracy, timeliness) that master data must meet

Answer

Data quality SLAs define the minimum acceptable quality thresholds—such as 98% completeness—that master data must meet, making governance commitments measurable.

Question 5

Which Informatica MDM capability allows governance teams to define and enforce business rules that flag master records failing quality thresholds for steward review?

Accepted Answer

Informatica Data Quality (IDQ) integration with validation rules

Answer

Integration with Informatica Data Quality allows governance teams to define validation rules that flag non-compliant master records, routing them to stewards for remediation.

(MDM) Informatica Master Data Management Certification Practice Test

(MDM) Informatica Master Data Management Certification Practice Test

MDM Data Governance & Stewardship Frameworks 5