Commonwealth Bank chooses Capiotech for Australia’s first implementation of the Hyperion Financial Management platform

15th April, 2003

MELBOURNE, Australia – April 15, 2003 – Capiotech, a leading services provider rganization in analytical solutions, today announced that the Commonwealth Bank of Australia (CBA) has awarded it the contract to implement the Hyperion Financial Management (HFM) platform.
 
This will be the first implementation of Hyperion Financial Management in Australia.
 
The CBA is Australia’s largest retail bank as well as a market leader in the business, investment and institutional banking arenas. The CBA provides a range of products and services covering all facets of banking and financial management.
 
The CBA will use Hyperion Financial Management as its platform for consolidation, analysis and reporting of all financial information across the entire rganization.
 
Capiotech will work closely with Hyperion to ensure that the Commonwealth Bank enjoys the full benefits as well as the maximum return on their investment in the platform.