Matchcode Optimization:Fast Near
Fast Near is a Melissa Data algorithm loosely based on the Levenshtein Distance Algorithm, which returns the distance between two strings, where distance is defined as the count of the number of incorrect characters, insertions, and deletions.
A typographical matching algorithm, Fast Near works best in matching words that don't match because of a few typographical errors. The user specifies (on a scale from 1 to 4, with 1 being the tightest) the degree of similarity between data being matched. The scale is then used as a weight which is adjusted on the length of the strings being. The Fast Near algorithm is a speedy approximation of the Accurate Near algorithm.
Boolean ‘match or no match’ based on whether the compared data has less than an adjusted number of differences (or more).
Example Matchcode Component
STRING1 STRING2 RESULT Johnson Jhnsn Unique Maguire Mcguire Match Found Deanardo Dinardio Match Found 34-678 Core 34-678 Reactor Unique
|More Matches||Greater Accuracy|
Batch processing: this is a fast algorithm which will identify a greater percentage of duplicates found than other algorithms, but since it is more basic in its routine, sometimes Fast Near will find false matches or miss true matches.
Not Recommended For
Gather/scatter, survivorship, or record consolidation of sensitive data.
Quantifiable data or records with proprietary keywords not associated in our knowledgebase tables.
Do Not Use With
UTF-8 data. This algorithm was ported to MatchUp with the assumption that a character equals one byte, and therefore results may not be accurate if the data contains multi-byte characters.