Cloud Based Master Data Management System and Method Therefor

A method comprising:

• receiving at a registry at a host enterprise a first source record from a first enterprise located remotely from the host enterprise, the first source record having a first source identifier;
• generating a first data record based on the first source record, the first data record having a first registry identifier;
• storing the first data record at a data store;
• maintaining a first link identifying a relationship between the first registry identifier and the first source identifier;
• determining at a reference engine a value of a first attribute of a field of the first source record identifies a second source record;
• determining whether the registry includes a second registry identifier associated with a second data record, the second data record generated based on the second source record;
• setting an indicator identifying the first data record in response to determining that the registry does not include the second registry identifier;
• and
• clearing the indicator in response to determining that the registry does include the second registry identifier.

An information handling system comprising:

• a memory;
• and
• computer-readable instructions stored in the memory and executable by a microprocessor to:
• receive at a registry at a host enterprise a first source record from a first enterprise located remotely from the host enterprise, the first source record having a first source identifier;
• generate a first data record based on the first source record, the first data record having a first registry identifier;
• store the first data record at a data store;
• maintain a first link identifying a relationship between the first registry identifier and the first source identifier;
• determine at a reference engine a value of a first attribute of a field of the first source record identifies a second source record;
• determine whether the registry includes a second registry identifier associated with a second data record, the second data record generated based on the second source record;
• set an indicator identifying the first data record in response to determining that the registry does not include the second registry identifier;
• and
• clear the indicator in response to determining that the registry does include the second registry identifier.