A catalog builder is disclosed. This invention relates to data management systems, and more particularly to catalog creation mechanisms in data management systems. Present day data management systems employ catalog builder tools. However, the catalog builders cannot be configured as per the requirements of the users. Further, there are no mechanism to configure custom catalogs and associated metadata. The disclosed catalog builder may be employed to configure an online central repository on the fly and build a catalog. The catalog builder is equipped with a central repository. Further, catalog builder is also provided with advanced search features and analytical capabilities in order to search for the data specified by the user and fetch the data from the central repository. The catalog builder is also provided with clustering and segmentation capabilities in order to slice and dice the data.