Hi Andrew,
Below link should answer your query
http://wiki.scn.sap.com/wiki/display/SAPITSM/SAP+ITSM+Analytics+on+SAP+Solution+Manager+7.1
SOlution Manager BI capabilites are enough for the reporting of various features like ITSM,CHarm and Tech moni etc.
I am not really sure HANA capabilities for SAP Solution Manager... You may search from that side as well
SAP Solution Manager 7.1, powered by SAP HANA – SAP Help Portal Page
Thanks,
Jagadish.