This paper presents a reference framework, called BUD, to manage a large shared bank of unstructured data. This paper lists several important issues on managing or maintaining the unstructured data in BUD. BUD stores and manages the ever-growing unstructured data by introducing a novel technique called free-table, which is a conceptual view for end-users and a physical entity maintained by transactional storage manager of BUD. Free-table is cell-oriented but not column-oriented as relational table. It can store various types of unstructured data in cell with different versions. Additionally, we study two cases, VMP and PXRDB, to show that our proposal is feasible and tractable.