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 …

Dec 7, 2023 · Reference data is a set of static, unchanging values or codes used to provide context and meaning to other data in various systems and applications. It acts as a foundational reference point, …

Apr 18, 2024 · The terms “master data” and “reference data” can be confused fairly easily. Both provide data that is designed to be accurate and up to date.

At its core, reference data is a set of standardized values used to classify and interpret information. It defines things like currency codes, country codes, market identifiers, product hierarchies, account …

Apr 20, 2022 · Reference data is the data used to define and classify other data. Master data is the data about business entities, such as customers and products. Master data provides the context needed …

Nov 2, 2022 · Gartner defines reference data as “a consistent and uniform set of identifiers and attributes that accurately describe the strategic information required for an organization to function …

Jan 6, 2025 · In this short ‘MDM 101’ post, we explain what reference data is, how it differs from other data types and why you should care. What is Reference Data? Reference data is a specialized …

Apr 17, 2025 · At its core, reference data comprises static or slowly changing datasets that describe and categorize other data. It provides context and meaning to transactional or operational data.

Mar 6, 2025 · Reference data is a subset of master data that is used for classification and categorization of other data elements within a database, data warehouse, or other storage system.

Reference data is a special subset of master data that is used for classification throughout your entire organization. It can be used in data management to define the characteristics of an identifier.