Thomson Reuters and Palantir Technologies Enter Exclusive Agreement to Create Next-Generation Analytics Platform for Financial Clients
(Thomson Reuters ONE) -
New York, NY and Palo Alto, CA - April 12, 2010 - Thomson Reuters and Palantir
Technologies today announced an exclusive agreement to create a next-generation
financial analysis platform, QA Studio. QA Studio is an innovative new addition
to Thomson Reuters suite of quantitative driven products and extends Palantir's
sophisticated intelligence software into the financial markets.
"Thomson Reuters is thrilled to be working with Palantir. The combination of
Thomson Reuters must-have content and Palantir's ground-breaking software will
transform the global financial analysis market," said Albert Lojko, Global Head
Core Platform and Quantitative Analytics for Thomson Reuters. "Our alliance
with Palantir allows us to meet the growing demands of our buy side clients for
more sophisticated yet accessible research techniques to support their
increasingly quantitative and data intensive strategies."
QA Studio enables analysts to explore data, construct model portfolios, easily
identify hidden patterns within data, test alpha strategies and collaborate with
other users. The user interface is extremely intuitive and based on a collection
of modular applications and documents that can be shared. Plus, users who are
comfortable writing code can create custom metrics and strategies in a
java-based language. QA Studio is based on similar platforms broadly deployed by
Palantir Technologies in the intelligence, defense and law enforcement
communities.
"Both Thomson Reuters and Palantir are committed to bringing innovative
technologies to our customers," said Palantir co-founder and chief executive
officer, Dr. Alexander Karp. "We are delighted to partner with Thomson Reuters
to provide a revolutionary solution that will fundamentally change the way
financial analysis is created and shared."
About Thomson Reuters
Thomson Reuters is the world's leading source of intelligent information for
businesses and professionals. We combine industry expertise with innovative
technology to deliver critical information to leading decision makers in the
financial, legal, tax and accounting, healthcare and science and media markets,
powered by the world's most trusted news organization. With headquarters in New
York and major operations in London and Eagan, Minnesota, Thomson Reuters
employs more than 50,000 people and operates in over 100 countries. For more
information, go to www.thomsonreuters.com
About Palantir
Palantir is the world's leading company for data integration and analysis
software. The company's two platforms, Palantir Finance and Palantir
Government, encompass the entire analysis stack, including data integration,
search and discovery, knowledge management, collaboration and civil liberties
protections. The platforms natively support many types of data including
structured, unstructured, relational, temporal, and geospatial. Palantir is the
intelligence infrastructure that large enterprises use for real-time analysis,
with a focus on security, scalability, ease of use, and collaboration.
Palantir is a privately held company and is headquartered in Palo Alto, Calif.
For more information visit www.palantir.com
CONTACTS
Jeanette Volpi Lisa Gordon
PR Director, Investment & Advisory Media Relations
Thomson Reuters Palantir Technologies
+ 1 646-223-5517 650-814-6584
jeanette.volpi(at)thomsonreuters.com lgordon(at)palantirtech.com
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Press Release (PDF): http://hugin.info/142273/R/1401980/356819.pdf
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Datum: 12.04.2010 - 09:00 Uhr
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