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Oracle Hyperion Data Relationship Management
Oracle Hyperion Data Relationship Management, (previously known as Hyperion Master Data
Management) provides enterprises with a solution to build consistency within master data assets
despite endless changes within the underlying transactional and analytical systems.
Master Data (in some organizations this may be referred to as
key performance indicators, reference data or reporting structures) includes corporate data
such as hierarchies and dimensions (e.g., financials, sales, products, locations) as well as
attributes and properties associated with dimensions (e.g., ERP codes, flags, business
measures, allocations, calculation drivers and legacy system coding structures to name a few)
as well all subsets within these data structures.
Specifically, Oracle Hyperion Data Relationship Management provides the industry's first data
model-agnostic master data management solution built to enable financial and analytical master
data management in dynamic, fast-changing business environments.
Whatever the term used, the concept of
being able to manage this data is not a new one, but the solution is!
Oracle Hyperion's MDM server - is a tool that can ensure the seamless sharing
of BPM master data across systems, data warehouses, analytical applications, transactions
systems and BPM management applications an enterprise-wide solution that ensures data
quality in all areas of an organization. Hyperion's MDM server was built to complement
the open infrastructure of the Hyperion Hub and integrate it with the Oracle Hyperion BI platform.
In addition, the MDM server allows business users to participate in the contribution of
data, thereby facilitating the iterative process of managing complex, rapidly changing
BPM metadata.
Key benefits:
Easy synchronization of master data across an entire enterprise.
Reduced cost of implementing and maintaining enterprise
BI and data warehouse processes.
Better visibility into business and reporting structures and better collaboration for IT and business in defining, implementing and managing change across the systems
Automatic distribution of complex hierarchies across systems regardless of their inherent complex differences and maintenance of a complete audit trail of all changes.
Dramatic reduction in development costs and risk of deploying multiple applications because MDM can be the tool that keeps both target and legacy systems synchronized during a migration
ROI following an DRM implementation.
Workflow integration—Hot-pluggable integration with workflow tools using web services.
Audit and compliance—Provide a framework for query, comparison, and full history of all master data changes, including documented versioning and roll-back at any point in time or recorded modification to master data elements.
Change management and control—Unify cross-functional perspectives to a master record while giving users the freedom to make changes and construct alternate departmental views of the data that are consistent and accurate.
Best-of-breed hierarchy management—Streamline master data changes using drag-and-drop hierarchy maintenance. Enable side-by-side comparison and one-click navigation across both, balanced and ragged hierarchies, with built-in referential integrity.
More reasons to consider Oracle Hyperion DRM:
The synchronization of master data across an enterprise is especially
challenging in global companies that have multiple implementations of the same
enterprise application suite. As with any merger or acquisition, data migration is
a significant concern and provides unique challenges during transition periods,
where new and legacy systems must operate in parallel and master data needs
to be synchronized throughout the process. Lastly, compliance issues such
as Sarbanes-Oxley add to the urgent need for master data management in order
to coordinate and rationalize disparate dimensions or hierarchies.
Oracle Hyperion's DRM will address all these critical issues in a user-friendly environment.
Find out more About Oracle Master Data Relationship Management. Contact us Today!
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