Essentially this is an evolution of the tm1 portlets capability.
To set this up on your server you need to modify 2 files.
Tm1_contribution.atom = This is to add the Tm1 instance to workspace
Tm1_en.properties = this is to give the instance proper name
Be aware the 10.2 requires you to edit some further files but its all explained in the documents. Cognos BI will also require a restart to kick in the new settings