Wednesday, February 8, 2017

Financial Reporting Studio's Days Are Numbered

There has been a lot of activity going on around Hyperion Financial Reporting Studio in the past few months. In case you haven't heard, Oracle is planning to get rid of the old Windows-based report authoring tool and this change is going to be carried out quite soon. Here are the facts:
  • Financial Reporting Web Studio was introduced in the March 2016 update for PBCS and released as Patch Set Update .701 for EPM 11.1.2.4 two months later. Web Studio lacked some functionality at the time of the release but has almost reached parity with the Windows based Studio after recent updates.
  • As announced in the December 2016 update for PBCS, the desktop client is going to be replaced by this web-based solution. The switch is tentatively planned to happen in the May 2017 update of the cloud service. The same schedule is also mentioned in the Statement of Direction document recently released on My Oracle Support.
  • The readme file for FR Patch Set Update 11.1.2.4.704 informs users that support for the Studio desktop client will be discontinued in an update preliminary scheduled for mid-2017.

How does this affect Hyperion administrators using FR Studio then? First of all, you can continue using the old client and Web Studio side by side until you feel comfortable moving to the new solution. But I recommend that all users of Oracle Cloud Services (PBCS or FCCS) and those running EPM 11.1.2.4 should start familiarizing themselves with Web Studio as soon as possible. Financial Reporting has always been very picky in the sense that the client and server components have to run identical versions and this means that an update to Cloud Services will render the desktop Studio useless immediately when Oracle stops releasing an updated client. The same version requirement also applies to on-premise installations but there you will have more control over when to apply the "Studio-killing" patch (supposedly to be released in mid-2017). You can choose not to install the patch right away but it's not likely that you can postpone it forever though.

I assume that customers using EPM version 11.1.2.3 or older will not be affected by these changes as older releases have already fallen outside Oracle's error correction policies. It's still worth keeping in mind that Web Studio will be the only option when you choose to upgrade to a later release.


Further reading:

Tuesday, September 27, 2016

HFM Java API Part 1: Getting Started

Ok, Kscope16 went by and the conference was awesome. My summer holiday is also far gone and it was nice even though the weather could have been better (but hey, I live in Finland, not in Spain or Florida so some fluctuations are expected). After getting back to work in August I have been very busy helping a couple of customers who have gone live with their new HFM 11.1.2.4 environments or are in the process of doing so. But now it's time to update the blog again!

I did a presentation about the new HFM Java API in Kscope16 and was glad to hear that many developers are already using it to achieve some cool things - like Ricardo and Rodrigo of DEVEPM.com with their ODI KM (how's the paper doing guys? ;). I decided to release my short "Getting Started" document to public to make it slightly easier for to people to pick up JDeveloper and get their first project built using the Java API.

Link: Set Up New HFM API Project In JDeveloper (PDF document)

After getting the IDE ready you can start developing code for your Java program. In the next post I will concentrate on the coding part and show you examples of common tasks in HFM such as extracting data and running consolidations.

Thursday, May 5, 2016

Financial Reporting Web Studio Arrives To On-Premise EPM

If you have attended an Oracle EPM roadmap session lately you have most probably heard that unlike previous years a new EPM release is not scheduled for 2016. While waiting for the big 12c release to drop, new updates and features will be added to the current version in the form of Patch Set Updates. HFM PSU 11.1.2.4.200 was a prime example of this strategy and now Financial Reporting is the next product to get a feature-laden update.

Financial Reporting PSU 11.1.2.4.701 was released today and it contains two big changes: FR Web Studio (a web-based report authoring tool) and an updated charting engine. I applied the PSU on my virtual machine running EPM 11.1.2.4 and took a peek at these new features.

Thursday, March 31, 2016

Copy HFM Applications Using The Import Application Feature

In this post I document the steps required to configure the Import Application feature introduced in HFM 11.1.2.4.200. I recommend reading my earlier post about the Patch Set Update if you haven't done that already. Note that the configuration is database vendor specific and I used MS SQL Server – if you need guidance for setting things up with an Oracle database you can see Larry Lapp's recent blog post about the same topic.

Prerequisites

  • HFM with Patch Set Update 11.1.2.4.200 (patch number 21225611) installed 
  • Access to SQL Server Management Studio with sysadmin privileges
  • SYSADMIN role granted to the SQL login used by HFM (Yes – the almighty sysadmin role. This requirement is documented as known issue #21032270 in the PSU .200 readme)

Thursday, March 3, 2016

Quick Review Of HFM Patch Set Update 11.1.2.4.200

Oracle has released another big PSU to HFM 11.1.2.4. This one has been in the works for a long time so I was eager to test the update ASAP even though I'm still jet-lagged after returning from a two-week vacation in the Far East.

Version number reads "Oracle Hyperion Financial Management, Fusion Edition - 11.1.2.4.200.5149"

New Features

Let's start with the most interesting bits. The list of new features included in the readme file is long but slightly misleading... Most of the "new" functions have already been included in PSU .100 and just listed again as this is a cumulative patch. Read on to find out what actually is new in this Patch Set Update.

Monday, December 21, 2015

FDMEE Patch Set Update 11.1.2.4.100

Here's a quick update for those who are running FDMEE version 11.1.2.4. The big Patch Set Update .100 has been released - just in time for Christmas! Because my friend Francisco is the real expert when it comes to the product in question, I'll let him explain you what's new in this update.

Oracle resources (Oracle account required):


Tuesday, December 15, 2015

Kscope16 Conference

The Kscope16 conference will take place in Chicago on June 26th - 30th, 2016. I am pleased to inform you that I will be there to present two sessions about my favorite Hyperion product:
  • Unravel The Secrets of The New HFM API
  • Upgrading To The Latest HFM Version? Set Your Expectations Right!
The ODTUG content review teams have been working hard to get tons of of great sessions selected so book your place early!