Any real-world application deals with data in three formats: transactional data, batch-processing data, and master data. Transactional data
is data that is accumulated through day-to-day user transactions, and batch-processing data is from different integrations. Master data is the fine-tuned information that will be consumed by any application in a given technical solution ecosystem
. Typically, it is referential data that serves the following purposes:
- Master data allows only predefined sets of values in business-critical functions. ...
