Post on 16-Apr-2018
A Decade of Hits! The Evolution of Hyperion Financial Management
Chris BarbieriVice President
September 2014
Focus
Services
People
Methodology
Customers
Partnership
15 Years
700+ clients
1000+ projects
About Edgewater Ranzal
Dashboards & Scorecards, Financial Analytics &
Reporting, Operational Analytics, What-if
Analysis, Query & Reporting, Visual ExplorationFinancial performance, Legal,
Segment & Mgmt Reporting, Financial Close
HFM Optimization, Performance Lab
SOX Compliance SupportStrategic Finance, Planning, Budgeting,
Forecasting, Workforce Planning, Capital
Planning, Project Financial Planning
Data Integration, Financial Data
Management, Data Warehousing,
Master Data Management &DRM,
ETL Services, Automation
Project/Program Mgmt, EPM
Road Maps, Application
Reviews, Business
Requirements, Process Change,
Documentation
Installation, Upgrades,
Migration, System
Monitoring, Backup and
Recovery, Disaster Recovery,
Load Testing, Hardware Sizing,
Exalytics Benchmarking
Consolidation
Business
Intelligence
Enterprise
Planning
Infrastructure
Training &
Support Services
Project
Management
Data
Services
Costing &
Profitability
Mgmt
Support Services – Infrastructure &
Application Support Contracts
Key Teach Course Delivery: Planning, Essbase, Financial
Reporting, Smart View, HPCM, HFM, FDM, DRM, OBIEE
Custom Training Delivery: Process & Reporting
HPCM Standard & Detailed
Models, Waterfall Allocations,
Activity Based Costing, Customer,
Product & LOB Profitability
► Provide next generation product based on fanatical usability of Hyperion Enterprise– 12 dimensions plus Line Item Detail and Cell Text
– Windows and HTML user interfaces
– Scalable to hundreds of concurrent users
– Vbscript based rules language
– External authentication
► The suite– Hyperion Reports
– Hyperion Retrieve and Pivot Data (Excel)
– Hyperion Application Link (data integration)
► Version 1.0 launched 2000– First implementations in Spring 2001
► Release 2.0
► Web Data Entry
► Organization by Period
– Vital for European market and certain industries
► Ownership management module
► Custom dimension switch type and switch sign
– Facilitates cash flow development
► Win32 Rules Editor
► Adding functionality
– Process Management
– Extended Analytics
– Dynamic account type for Ratios
– Auditing
• Users on System
• Task Audit
• Data Audit
► Improving usability
– Java applets for web interaction
– End User Data Load Balancing
► Overhauled web user interface: Tadpole– Made it more of an application look
– Workspace
► Intercompany transaction module
► Task Automation
► Hyperion Smart View for Office– Fully replaces Hyperion Retrieve and Pivot
– One Office integration tool for EPMA
► Shared services: Hyperion Hub– Centralized metadata
– Data synchronization
► Performance improvement for large data sets
► “9” Numbering scheme synchronized with Essbase
► Combined report tools into a single product
► Access products through a unified portal called Workspace
(4.1 aka 4.0.5)
► Business Enterprise Performance Management Architect in 9.3– Long term replacement for Hub
– Application Library
► HyperRoll / Essbase Analytics Link– Patented technology synchronizes
HFM data in Essbase
– On-demand or real-time push from HFM to Essbase for reporting
► Hyperion acquires Upstream– Leading data integration software
“Ledgerlink on steroids”
– Fanatical customer base!
– Weblink renamed Financial Data Quality Management
► Phased Submission in 9.2
– Support for multiple submission and approval phases
throughout the close
• Phase 1: Day 3 - P&L and Balance Sheet
• Phase 2: Day 4 - Roll-forwards, Cash Flow
• Phase 3: Day 5 - supplemental schedules
► Equity Pick-Up module in 9.2.0.3 and 9.3.1
– The underlying principle of the equity pickup
adjustment is to provide a fair picture of the value of
the portfolio owned by the holding company.
► Numbering Scheme Synchronized with Oracle products
► 64 bit HFM engine– Raise the roof on memory for increased data set and
higher data volume
► Graphical rules module!– Calc Manager debuts for HFM, Essbase, Planning
► Consolidation ‘Journals”– Present automated consolidation entries including
intercompany elimination as journals
► Oracle Financial Management Analytics (OFMA)
– Pre-built OBIEE application and reports
– Wizard-based setup
► New modules in 11.1.2.2
– Account Reconciliation Module analytics
– Financial Data Quality Management analytics
► Disclosure Management introduced with 11.1.2.1– XBRL, Edgar, PDF
reporting
– Document Workflow
► Products integrate with HFM, Essbase, Planning or can be used stand-alone
► World class master data management system
– Acquired by Hyperion in 2005 as MDM
► Direct integration with EPMA in 11.1.2.2
► 11.1.2.3 integrates with Data Relationship Governance for excellent workflow capabilities
► Due to popular demand Oracle provides
“configurable dimensions” in 11.1.2.2
– Better alignment with ERP systems
– Customers moving to 5-7 custom dimensions
– Performance is very good
► Overhaul of User Interface
– Adopt Oracle’s ADF standards
– Synchronization with Oracle products
► Combine robust data movement engine of ODI
with FDM classic usability and extensibility
– Switch from Visual basic to Jython
– Another step toward multi-platform support
► Quantitative Management and Reporting
– Address Europe’s Solvency II directive for insurance
industry (January 2016)
– Released for HFM 11.1.2.2, updated in 11.1.2.3
► Hyperion Tax Provisioning
� Purpose-Built / Out-of-Box: a Tax Provision
solution built on the Hyperion Financial Close
Suite:
1. Data Collection - automated & manual
2. Tax Provision Calculation - US GAAP & IFRS
3. Tax Reporting - out-of-box tax reports & ad-hoc
� Owned by Tax - Leverage existing investment
in Hyperion, but both Tax & Finance retain
the flexibility they need
� Integrates with Tax Compliance - Enhances &
integrates with tax compliance software
� Rapid Implementation & Ease of use: the
technology & expertise is already in the
Finance organization
► Removing the Microsoft dependency
– Yields platform choice
• Windows
• Linux
– Support Oracle virtualization
– Lower cost of ownership
► More complete suite available on Exalytics
– HFM, Shared Services, Financial Reports, FDMEE,
Planning
Core HFM
Shared
Services Data Integration
Metadata
Integration Reporting
Prebuilt
Applications
Work
flow
Web application
User
management
Financial Data Quality
Management EPMA
Financial
Reports QMR FCM
Configurable
dimensions Calc Manager Essbase Analytics Link
Data Relationship
Management Annotations HTP ARM
64 bit Workspace Data Synch
Data Relationship
Governance Smart View Starter Kits SDM
Intercompany
Transaction Module
LifeCycle
Management OBIEE
Data entry forms OFMA
Statutory support ARM Analytics
Auditing FDM Analytics
Dynamic Accounts
Disclosure
Management
Process Management
Extended Analytics
Task Automation
Equity Pick-up
Consolidation journals
Exalytics