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Hello Abhishek,
Informatica MDM is a master data Management tool or solution to allow oragnizations to handle the master data. In the context of MDM we call it as MAster Data Governance. Some of the key features which you can get by adapting MDM solution into your landscape is
1. Data Governance
2. Data standardization
3. Data Quality
4. Duplicate checks
5. Data Replication
6. Collaboration between different teams to maintain master Data.
How ever ever solutions comes with certain pros and cons. Addtionally, it is also important to understand what data domains would like to bring into the scope of governance. For instance, Products, Customers, Suppliers, Bank master data domains.
Thanks
Pavan
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