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The Quick Answer - there isn't anything, currently on the market, that mimics FASTR Reporting in EnterpriseOne.
The Work-a-round answer - Oracle does have a tool that will recreate your FASTR version into JDE Financial Reports. They do not let it out of their hands, its use is tightly controlled, and you will still have to evaluate/touch ever single report it creates! You may want to contact Oracle about its availability
A few years ago, I did an enormous amount of rework for a client that went Co-Existent with World and XE, they wanted to run their reports in XE - and went down the Oracle Conversion path. OK, the reports 'mostly' worked - but every one of them needed finesse. The client was unhappy (but, Oracle/JDE has had a few years to enhance the tool since then)....
[BSP]The Promising Answer - I'm working to complete a FASTR-Like tool in EnterpriseOne, that will give you 'almost' all the capabilities of your World FASTR. Upon completion - I expect clients to be able to use their existing FASTR Headers/Column/Row/Override tables to 'automagically' create run 'matching' financial reports - out of EnterpriseOne....
I'm working on the project between contracts and whenever I find spare time - sorry it isn't completed, already. When completed, I'll announce the tool on JDEResearch.Com. (ps - thank you Jeremy Ruth for the help with Business Functions!)
Contact me offline, for more information
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