Introducing FDMEE

Oracle Enterprise Performance Management (EPM) Release 11.1.2.3 includes the debut of Hyperion Financial Data Quality Management Enterprise Edition, dubbed “FDMEE”. For existing Hyperion customers, FDMEE represents the evolution of Financial Data Quality Management (FDM). (The soon-to-be-retired Windows-based data integration tool has now been re-branded “FDM Classic”.)

With 11.1.2.3, existing Oracle Hyperion customers have a choice: you can continue to use FDM Classic for one last go-round or you can go to FDMEE. For new customers, your only option is FDMEE. With the release of 11.1.2.4 and beyond, it’s FDMEE – no ifs, ands, or buts.

For those customers using a previous release of Enterprise Resource Planning Integrator (ERPi), FDMEE is a big leap forward. Oracle states that FDMEE represents the integration of both FDM Classic and the former ERPi. Really, though, Oracle integrated the look-and-feel and overall functionality of FDM Classic into ERPi and re-branded it FDMEE.
From FDM Classic, you get most of the key features you’ve come to rely on:

  • Workflow Process (Yes, you still have your gold fish, one for each Workflow step, i.e. Import, Validate, Export, and Check.)
  • Locations
  • Mapping Tables (now “Member Mappings”)
  • Import Formats
  • Validation Entity Groups (now “Check Entity Groups”)
  • Validation Rules Groups (now “Check Rule Groups”)
  • Batch Loader (now “Batch Execution”)
  • Scripting – Import format Scripting, event scripting, and custom scripting
  • File-based data loads

From the ERPi side, here are the main features incorporated into FDMEE:

  • Like previous versions of ERPi, FDMEE is fully baked into the Oracle EPM Workspace portal
  • Support for direct data integration with general ledger (ERP) source systems
  • Drill Through from EPM target applications back to transaction-based ERP applications
  • Data Write-Back – You can take budget data from a target EPM Planning application and write-back to a supported ERP application, e.g. Oracle e-Business Suite
  • Data Load Rules, used to customize the data extraction process for a location
  • ERP metadata integration to Oracle EPM target applications

In future blog posts, I will get into what’s involved in an upgrade from FDM Classic to FDMEE and I’ll discuss various FDMEE features in detail.  Stay tuned.

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