Capiotech helps Telstra meet regulatory reporting requirements with Current Cost Accounting cost allocation system

1st March, 2004

MELBOURNE, Australia - March 1, 2004 - Capiotech, a leading services provider specialising in analytical solutions, today announced the successful completion of a major system upgrade to Telstra's cost allocation application.
 
The primary driver for the upgrade were new ACCC regulatory reporting requirements. The upgrade introduced the Current Cost Accounting valuation methodology. Telstra is now able to utilise both the Historical Cost and Current Cost valuation methods.
 
The system was implemented on-budget and on-time which was critically important for Telstra to avoid penalty from the ACCC regulators.
 
The Capiotech solution consists of an Oracle data warehouse, a web-based front end developed using Alphablox and Java Server Pages and Hyperion EssbaseTM cubes.