Hyperion Master Data Management Ensures Data Consistency And Facilitates Collaboration Between IT And Business Users

As an integral part of Hyperion System 9 Foundation Services, Hyperion MDM is the industrys first solution dedicated to Business Performance Management. With its easy to use point and sync thin client interface, Hyperion MDM enables non-technical users to directly manage change of BPM master data. Through a formal, rule-driven process, Hyperion MDM synchronizes BPM master data such as business dimensions, reporting structures, hierarchies, attributes and business rules across Hyperion System 9 applications and enterprise systems, including data warehouses, data marts, analytic applications, and transactional systems. Hyperion MDM provides robust master data lifecycle and versioning capabilities, in conjunction with a powerful business rules engine and audit capabilities for validating and verifying changes in master data, both in real time and after the fact.
Hyperion MDM helps companies quickly adapt to the ever changing business environment by synchronizing data across all systems in real time, said Suganthi Shivkumar, managing director, Hyperion ASEAN & India. Not only does Hyperion MDM give users a single version of the truth but it also increases productivity by empowering users the ability to change data at the user level, while reducing reliance upon IT resources. Thus, reducing security risk by managing data from a broad range of external systems.
Some of the customers who have purchased Hyperion MDM include Avago Technologies, FirstRand Bank, HBOS, Mentor Graphics, Symantec, Verizon and Xerox Corporation.
FirstRand, a financial services group based in South Africa, will leverage Hyperion MDM within its banking division to increase user productivity, lower security risk, and protect the companys data integrity.
With Hyperion MDM, we can eliminate all costly manual master data management processes within our company, said Tim Green, IT manager at FirstRand. Hyperion MDM will serve as FirstRands central environment to manage master data and automate the changes we make across our organization, which will speed essential processes and ensure data integrity throughout our operations.
Mentor Graphics, a leading manufacturer of electronic design solutions, implemented Hyperion MDM to maintain the accuracy of master data within its various financial, analytic and transactional systems.
"In our fast-paced and growing business, we need to have confidence in the data across our enterprise," said Jan-Willem Beldman, team lead for analytical applications and data quality at Mentor Graphics. "The integration of MDM within our BPM system facilitates collaborative data management between our IT department and business owners of data. As a result, we are able to consolidate, correlate and standardize our master data, businesses processes and analytical capabilities so that reporting data is readily available, consistent and accurate."
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About Hyperion
Hyperion Solutions Corporation is the global leader in Business Performance Management software. More than 11,000 customers rely on Hyperion software to provide visibility into how their businesses are performing and to help them plan and model to improve that performance. Using Hyperion software, customers collect data, organize and analyze it, then communicate it across the enterprise. Hyperion offers the industry's only Business Performance Management solution that integrates financial management applications with a business intelligence platform into a single system.
Named one of the FORTUNE 100 Best Companies to Work For (2004), Hyperion serves global customers in 45 countries. A network of more than 600 partners provides the companys innovative and specialized solutions and services. Hyperion generated revenues of $703 million for the fiscal year that ended June 30, 2005 and is traded under the Nasdaq symbol HYSL. For more information, please visit www.hyperion.com.
Forward-Looking Statements
Statements in this press release relating to the future, including those related to our ability to provide customers with an integrated financial data quality solution, are forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. In some cases, forward-looking statements can be identified by terminology such as, may, will, should, potential, estimated, projects, anticipate, plans, expects, believes and similar expressions. Because these forward-looking statements involve risks and uncertainties, there are important factors that could cause our actual results to differ materially from those in the forward-looking statements. These factors include, without limitation, our failure to integrate the human capital, technology and other assets connected with the acquisition, our failure to successfully drive increases in software license revenue, significant product quality problems, lower than expected customer adoption rates for System 9, the impact of competitive products and pricing, a decline in customer demand and technological shifts. For a more detailed discussion of factors that could affect the company's performance and cause actual results to differ materially from those anticipated in the forward-looking statements, interested parties should review the company's filings with the Securities and Exchange Commission, including the Reports on Forms 10-K and 10-Q filed on August 31, 2005, and February 8, 2006, respectively. The company does not undertake an obligation to update its forward-looking statements to reflect future events or circumstances.
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