We define the filtrated K-theory of a C*-algebra over a finite topological
space X and explain how to construct a spectral sequence that computes the
bivariant Kasparov theory over X in terms of filtrated K-theory. For finite
spaces with totally ordered lattice of open subsets, this spectral sequence
becomes an exact sequence as in the Universal Coefficient Theorem, with the
same consequences for classification. We also exhibit an example where
filtrated K-theory is not yet a complete invariant. We describe a space with
four points and two C*-algebras over this space in the bootstrap class that
have isomorphic filtrated K-theory but are not KK(X)-equivalent. For this
particular space, we enrich filtrated K-theory by another K-theory functor, so
that there is again a Universal Coefficient Theorem. Thus the enriched
filtrated K-theory is a complete invariant for purely infinite, stable
C*-algebras with this particular spectrum and belonging to the appropriate
bootstrap class.Comment: Changes to theorem and equation numbering