Hi Experts,
Inititally when i tried to open Browser for ReportManager it gave me HTTP 500 Error.
We opened web.config file and added as suggested in following link.
http://myitforum.com/myitforumwp/2011/11/04/sql-srs-this-implementation-is-not-part-of-the-windows-platform-fips-validated-cryptographic-algorithms/
Immediately i can see the report manager, with no HTTP Error. 
when i added rdl file and created data source to th reportmanager and tried to see report it is throwing me the following error
This implementation is not part of the Windows Platform FIPS validated cryptographic algorithms.
Any suggestion is appreciated
Thanks