Chris Barbieri, Edgewater Ranzal Practice Director and Oracle ACE, reviews a decade of evolution in Oracle Hyperion Financial Management. Hyperion delivered a world-class financial consolidation tool in 2001 that brought scalability and multidimensional analysis for internal and external reporting.

1. A Decade of Hits!
The Evolution of Hyperion Financial Management
Chris Barbieri
Vice President
September 2014

2. Focus
Services
People
Methodology
Customers
Partnership
About Edgewater Ranzal
15 Years
700+ clients
1000+ projects

3. Dashboards & Scorecards, Financial Analytics &
Reporting, Operational Analytics, What-if
Analysis, Query & Reporting, Financial performance, Legal, Visual Exploration
Segment & Mgmt Reporting, Financial Close
HFM Optimization, Performance Lab
SOX Compliance Support
Strategic 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
Business
Intelligence
Consolidation
Enterprise
Planning
Infrastructure
Management
Training &
Project
Data
Services
Support 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

5. ► 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

6. ► 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

7. The shift from thick client
to web client was a big hit
in 2001

8. ► 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

9. Java provided rich
functionality in 2003

10. ► 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

11. Remove the
browser’s
toolbar and
we have a
web based
application

12. ► “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)

14. ► 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

15. ► 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.

16. ► 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

17. ► Alternative to VBscript for business logic
► Common interface for Essbase and HFM

18. ► Unified tool for
migrating application
artifacts between
applications and
between environments

19. ► Annotations directly in Financial Reports
► Support for external documents in books too!

20. ► 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

21. 11.1.2.2 11.1.2.3 11.1.2.4 11.1.2.x

22. ► 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

23. ► 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

24. ► 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

25. ► 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

26. ► Bring your iPads and other devices to work
► OFMA mobile app

27. ► 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

28. ► 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

29. ► 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

30. 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

31. ► https://support.oracle.com/oip/faces/secure/km/DocumentDisplay.jspx?id=1092114.1

32. Chris Barbieri
cbarbieri@ranzal.com
Needham, MA
USA
+1.617.480.6173
www.ranzal.com
*Special thanks to Oracle and my
colleagues at Ranzal for
supporting screen shots and
historical documents