Palantir Technologies Inducted into the JPMorgan Chase & Co. Hall of Innovation Leading Data Integration and Analysis Platform Cuts Costs and Provides Revolutionary Data Integration Capabilities
PALO ALTO, Calif., Oct. 5, 2011 /PRNewswire/ -- Palantir Technologies, the world's leading data integration platform, today announced that it was inducted into the JPMorgan Chase & Co. Hall of Innovation for its technology contributions at JPMorgan Chase & Co.
Palantir was recognized by the IT Executive Team at JPMC for the impact its technology has made on the business, the disruptive nature of its technology, and the ability of its partnership to drive business value within JPMC. Palantir was honored with the Hall of Innovation Award at the 3rd Annual J. P. Morgan Chase Technology Innovation Symposium on Tuesday, October 4, 2010 at the Rosewood Sand Hill in Menlo Park, California.
"Palantir provides a window into valuable data both broadly and directly affecting our customers," noted JPMorgan Chase CIO, Guy Chiarello. "These insights allow JPMorgan Chase to provide greater value to our clients."
The Palantir Platform is ideally suited for working in exceedingly data-rich environments, such as consumer banks that depend on understanding their data to drive enterprise critical results. The Palantir Platform enables technical and non-technical users to work across the enterprise to achieve critical results. Palantir is widely deployed in many of the world's most important financial, commercial and mission critical organizations.
"We are delighted to accept this award and view it as a privilege to work with JP Morgan Chase to help them solve some of their most important problems," said Alex Karp, co-founder and CEO Palantir.
About JPMorgan Chase & Co.
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.2 trillion and operations in more than 60 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.
Palantir offers the world's leading data integration platform. The Palantir Platform works at any scale and empowers the entire analysis stack through its ability to access any data store in the enterprise, while enforcing robust security and civil liberties protections. Because it is a productized solution, the cost and time required for implementation is significantly less than for a custom-built solution.
Palantir is headquartered in Palo Alto, Calif., with offices in New York, Washington, D.C., and London. Additional information is available at www.palantir.com.
SOURCE Palantir Technologies