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The Critical Role of
Unique ID’s in
Location Master
Data Management
Darby McMillen, Senior Solution Engineer
Nathan Pinder, Geocoding Product Manager
The global leader in data integrity
Trust your data. Build your possibilities.
Our data integrity software and data enrichment products
deliver accuracy and consistency to power confident
business decisions.
Brands you trust, trust us
Data leaders partner with us
of the Fortune 100
90
Customers in more than
100
2,000
employees
customers
12,000
countries
Connect today’s
infrastructure with
tomorrow’s technology
to unlock the potential of
all your enterprise data
Integrate
Understand your data and
ensure it is accurate,
consistent and complete
for confident
business decisions
Verify
Analyze location data for
enhanced and
actionable business
insights that drive
superior outcomes
Locate
Power enhanced decision
making with expertly
curated, up-to-date
business, location, and
consumer data
Enrich
The four elements of data integrity
D A T A I N T E G R I T Y
“For every minute spent in
organizing, an hour is
earned”
Benjamin Franklin, Inventor, Statesman
4
Master Location Data with PreciselyID
WHAT IS IT: Best-in-class Address Point geocoding dataset that is built, owned and maintained by Precisely
Build Data
Merge
De-dup
Standardize
Data Management
Data Exchange
Data Enrichment
Analytics
Assign
PreciselyID
• There are millions of similar addresses within the United States
• While address matching software is very good, it’s never
perfect
• Location ambiguity can lead to missed opportunity, manual
processing and errors in decision making.
• A unique, persistent ID is a must have for effectively linking
locations across business systems.
• The PreciselyID can be appended to your own book of
addresses through our MLD geocoding data
PreciselyID – A unique and trusted ID for addresses
Eliminate the guesswork in identifying properties
Addresses change.
The PreciselyID does not.
Keep addresses up to date by storing the PreciselyID,
then performing a reverse PreciselyID lookup to obtain
the latest address
• Eliminate matching errors
• Avoid match processing requirements
• Rapid data attribute lookup
Data Management
PreciselyID
Eliminate
matching
errors
Reduce
processing
requirements
Propagate
ID across
systems
Look up
additional
attributes
Streamline
data
conflation
Use IDs to exchange address data and not the address
itself.
• Avoid moving PII data associated with address data
• Erroneous emails and/or stolen laptops no longer
represent a serious security breach
Data Exchange
When exchanging data by ID, the address can only
be derived by a system with access to the ID lookups.
PreciselyID enables the combination of datasets
with pre-processed reference data. All it takes is
a simple lookup, no address matching or spatial
calculations required.
• Points of Interest
• Dynamic weather
• Consumer data
• Crime index
• Neighborhoods
• Postcodes/Administrative boundaries
Data Enrichment
3rd Party
data
Enriched data serves as a foundation for
analytics that drive business processes and
decision making.
• Pre-score an entire market area
• Where to invest/divest resources
• Sales and Marketing optimization
• Detect fraud
• Build better pricing models
• Understand aggregated risk
Data Analytics
Business
Insight
Tableau
Netsuite
Salesforce
Use Case/Demonstration
Use Case: Insurance – Risk Analysis
Precisely ID enables insurers to streamline the
underwriting process by appending insightful attribute
data, accurately identifying concentrated areas of risk,
and providing the ability to easily join disparate
datasets.
• Property Attributes
• Dynamic Weather
• Consumer Data
• Crime Index
• Wildfire/Flood Risk
• Points of Interest
Q&A
The Critical Role of Unique IDs in Location Master Data Management

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The Critical Role of Unique IDs in Location Master Data Management

  • 1. The Critical Role of Unique ID’s in Location Master Data Management Darby McMillen, Senior Solution Engineer Nathan Pinder, Geocoding Product Manager
  • 2. The global leader in data integrity Trust your data. Build your possibilities. Our data integrity software and data enrichment products deliver accuracy and consistency to power confident business decisions. Brands you trust, trust us Data leaders partner with us of the Fortune 100 90 Customers in more than 100 2,000 employees customers 12,000 countries
  • 3. Connect today’s infrastructure with tomorrow’s technology to unlock the potential of all your enterprise data Integrate Understand your data and ensure it is accurate, consistent and complete for confident business decisions Verify Analyze location data for enhanced and actionable business insights that drive superior outcomes Locate Power enhanced decision making with expertly curated, up-to-date business, location, and consumer data Enrich The four elements of data integrity D A T A I N T E G R I T Y
  • 4. “For every minute spent in organizing, an hour is earned” Benjamin Franklin, Inventor, Statesman 4
  • 5. Master Location Data with PreciselyID WHAT IS IT: Best-in-class Address Point geocoding dataset that is built, owned and maintained by Precisely Build Data Merge De-dup Standardize Data Management Data Exchange Data Enrichment Analytics Assign PreciselyID
  • 6. • There are millions of similar addresses within the United States • While address matching software is very good, it’s never perfect • Location ambiguity can lead to missed opportunity, manual processing and errors in decision making. • A unique, persistent ID is a must have for effectively linking locations across business systems. • The PreciselyID can be appended to your own book of addresses through our MLD geocoding data PreciselyID – A unique and trusted ID for addresses Eliminate the guesswork in identifying properties Addresses change. The PreciselyID does not.
  • 7. Keep addresses up to date by storing the PreciselyID, then performing a reverse PreciselyID lookup to obtain the latest address • Eliminate matching errors • Avoid match processing requirements • Rapid data attribute lookup Data Management PreciselyID Eliminate matching errors Reduce processing requirements Propagate ID across systems Look up additional attributes Streamline data conflation
  • 8. Use IDs to exchange address data and not the address itself. • Avoid moving PII data associated with address data • Erroneous emails and/or stolen laptops no longer represent a serious security breach Data Exchange When exchanging data by ID, the address can only be derived by a system with access to the ID lookups.
  • 9. PreciselyID enables the combination of datasets with pre-processed reference data. All it takes is a simple lookup, no address matching or spatial calculations required. • Points of Interest • Dynamic weather • Consumer data • Crime index • Neighborhoods • Postcodes/Administrative boundaries Data Enrichment
  • 10. 3rd Party data Enriched data serves as a foundation for analytics that drive business processes and decision making. • Pre-score an entire market area • Where to invest/divest resources • Sales and Marketing optimization • Detect fraud • Build better pricing models • Understand aggregated risk Data Analytics Business Insight Tableau Netsuite Salesforce
  • 12. Use Case: Insurance – Risk Analysis Precisely ID enables insurers to streamline the underwriting process by appending insightful attribute data, accurately identifying concentrated areas of risk, and providing the ability to easily join disparate datasets. • Property Attributes • Dynamic Weather • Consumer Data • Crime Index • Wildfire/Flood Risk • Points of Interest
  • 13. Q&A