The client tools have been repackaged in 11.1.2.2. Instead of requiring a special bloated installer, they come packaged as a streamlined .msi installer package. This greatly simplifies the distribution and patching process. However, keep an eye out for updated client installers when patching.
For example, The newest version of the financial reporting client comes inside in the patches.
Patch 13997553: Patch Set Update: 11.1.2.2.300 for Oracle Hyperion Reporting and Analysis for Financial Reporting
The studio installer is in this directory: 13997553/files/install/bin/financialreportingstudio.exe
It is required to uninstall the old version and re-install the new version on all client machines.
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