Hyperion Updates BI, Compliance Dashboards

New tool will allow business intelligence suite users to develop personalized dashboards; compliance management dashboard will give finance officers more visibility into where work needs to be done.

Hyperion on Monday announced updates to dashboard technologies in both its business intelligence and compliance management suites, in an attempt to make it easier for users to access and manage more relevant data.

On the business intelligence side, Hyperion Solutions Corp. is introducing a drag-and-drop wizard-driven dashboard development tool to its Hyperion Performance Suite 8.3, enabling business users without programming skills to develop personalized dashboards.

The Hyperion Performance Management suite is part of Hyperions Business Intelligence platform.

Hyperion is also introducing in this release its Hyperion Master Data Management Server, which is used to synchronize different data sources across financial and analytic applications, as well as transactional systems, to maintain consistency and integrity of dimensions, hierarchies and business rules.

The Business Intelligence platform also supports tighter integration with SAP AG R/3 applications and Business Warehouse in this release. The platform also runs on Red Hat Enterprise Linux for the first time in this release.

/zimages/4/28571.gifClick here to read more about Hyperions push to offer business intelligence applications.

Hyperion also launched today the Hyperion Compliance Management Dashboard, which brings together internal controls data—based on COSO (Committee of Sponsoring Organizations) risk management frameworks—from third-party vendors with financial data from the Hyperion Financial Management platform.

This allows finance officers to gain visibility into Sarbanes-Oxley compliance status for different departments of a company and potential risk exposures within those units.

Users can drill down on the data and see how much theyre in compliance with established controls and where work needs to be done.

Third-party Sarbanes-Oxley solutions vendors whose products should work with the new compliance dashboard with minimal customization and integration required include Axentis Inc., Deloitte & Touche LLP, IBM Corp., OpenPages Inc. and Upstream Solutions Inc.

/zimages/4/28571.gifTo read more about business performance management software developers updating their offerings, click here.

The new products will be available around the middle of March, Hyperion officials said in Sunnyvale, Calif.

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