Partner functions for SAP Customer Master

I am in the MDM solution definition phase for SAP Customer Master at one of our Cients place. The requirement is to set up a central master data scenario where creation & modification of any customer record will be done via MDM. The following components of Netweaver are in the landscape - SAP MDM, EP, XI.

I need clarification on the following points -

- Is it possible to set up the partner function in MDM, if so, how?

- Need to replicate the standard SAP functionality where the system can be configured to create Ship To, Payer, Bill To automatically when a Sold To record is created. Is this possible? Are there any work arounds?

Regards

Arvind