As companies grow and evolve, it becomes essential to manage master data across information silos that result from mergers and acquisitions, departmental initiatives, or legacy system proliferation. Data consistency, integrity, quality and accuracy suffer. And, no one trusts the information and insight that ensues. 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.
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.
Financial Master Data Management Create an enterprise view of financial chart of accounts, cost centers and legal entities with a view to govern on-going financial management and consolidation based on consistent definitions of financial and reporting structures across general ledger systems, financial consolidation, planning and budgeting systems.
Analytical Master Data Management Create an enterprise view of analytical dimensions, reporting structures, performance measures and their related attributes and hierarchies using Oracle Hyperion Data Relationship Management's data model-agnostic foundation. Construct departmental perspectives that bear referential integrity and consistency with master data constructs based on validations and business rules that enforce enterprise governance policies. Synchronize master data with downstream systems including business intelligence (BI)/enterprise performance management (EPM) systems, data warehouses and data marts to gain trustworthy insight.
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.
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.
Workflow integration—Hot-pluggable integration with workflow tools using web services.
Domain-agnostic master data repository
Wizard-driven metadata & master data configuration
Batch / File import
Mass & incremental updates
Application templates for metadata migration
SOAP / COM APIs for SOA integration
Business user interface
Automated attribute maintenance
Advanced hierarchy management
Compare and blend/merge changes
Enforce policies via business rules & validations
Build rationalized maintenance structure
Manage change requests / approvals via workflow
Control access with fine-grain data security
Run "what if" scenarios or rollback planned changes to any point in time
Understand changes over time based on full history & "as of" versioning
Comply with regulations using comprehensive audit trail & reports
Target-specific exports for robust, repeatable & transparent consumption
Use books to aggregate related exports for complex consumption targets (e.g., DW)
Schedule publication of exports to files or target schemas
Enable SOA exchange via comprehensive web services APIs