Oracle Hyperion Financial Data Quality Management, Fusion Edition (FDM) is an out-of-the-box data transformation tool that feeds source-level financial data to consolidation, reporting, planning, and analytical applications. More than a data translation tool, it provides these capabilities:
Provides an audit trail to source financial data
Ensures the integrity and mapping consistency of source financial data
Enables easy reconciliation of financial data
Reduces the time that users, administrators, and auditors must spend investigating, identifying, and correcting errors
FDM provides a uniform data collection process for all reporting units within an organization. FDM also contains financial control functionality that assists with internal financial control processes. FDM features adapters that enable it to integrate with Oracle's Hyperion® Enterprise® , Oracle Hyperion Financial Management, Fusion Edition (Financial Management), Oracle Essbase (Essbase), and Oracle Hyperion Planning, Fusion Edition (Planning). However, FDM can also be used to load data into other financial consolidation and analytical applications.
The basic FDM process includes six steps:
Import source data
Validate source data against mapping tables
Export source data to a target system
Consolidate target system data
Validate target system data
Review and validate internal financial control