IHS Markit EDM Description

EDM serves as a comprehensive platform for managing data related to trades, operations, risks, finances, and customer interactions, ensuring the acquisition, validation, and distribution of this information. By establishing a single, consistent version of the truth, it operates within a fully transparent and rigorously audited environment. Organizations gain enhanced control and maintain ongoing compliance while enjoying increased visibility into their data. In the realm of financial services, EDM showcases its capabilities in delivering end-to-end data management and warehousing solutions. Regarding data governance, it empowers firms to create reliable data stewardship over assets, paired with a clear audit trail. It also emphasizes data quality by providing validated, enriched, and reconciled information from various sources, which helps mitigate operational risks. Additionally, businesses can benefit from greater transparency through detailed data lineage that allows for hierarchical insights and comparative evaluations of sources. Furthermore, the platform facilitates seamless integration by breaking down both internal and external data silos, effectively consolidating outdated applications and systems for improved efficiency. Ultimately, EDM not only enhances data accessibility but also strengthens the overall decision-making process within organizations.

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Company Details

Company:
IHS Markit
Year Founded:
1959
Headquarters:
United Kingdom
Website:
ihsmarkit.com/products/edm.html

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Product Details

Platforms
Web-Based
Types of Training
Training Docs
Webinars
Customer Support
Business Hours
Online Support

IHS Markit EDM Features and Options

Financial Reporting Software

"What If" Scenarios
Audit Trail
Balance Sheet
Cash Management
Consolidation / Roll-Up
Forecasting
General Ledger
Income Statements
Multi-Company
Multi-Department / Project
Profit / Loss Statement

Data Management Platforms (DMP)

Ad Network Integration
Analytics / ROI Tracking
Audience Targeting
Behavioral Analytics
CRM
Campaign Management
Competitive Analysis
Customer Journey Mapping
Data Capture / Transfer
Data Classification
Data Visualization

IHS Markit EDM User Reviews

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