4 ms·
isn’t this what they use Palantir for?
by tempsy 5y ago
isn’t this what they use Palantir for?
- throwoutway 5y agoI don’t think so, I saw a FINRA talk 5+ years ago where they described their home built data analytics that could process all daily trades looking for something similar to what the GP described
- spamizbad 5y agoPalantir doesn’t have a product that actually does this, contrary to whatever sales presentation you might’ve heard. (I know someone whose gov org almost found this out the hard way after nearly flushing millions of taxpayer dollars down the toilet)
- sq_ 5y agoI've barely touched anything Palantir, but the one gov project I worked on tangentially that used their products did seem suspiciously like a simple database that the gov employees/contractors were doing all the work to make useful. I'm not sure if that's what they were sold, but if they were sold on a full solution, that's definitely not what they got...
- paxys 5y agoNone of Palantir's products do anything really useful. They are instead used as glorified tech demos by their sales teams. Then their engineers go in and build custom solutions for whatever the client needs. The company doesn't do too much more than standard tech consulting.
- nojito 5y agoNope. https://www.sec.gov/marketstructure/midas-system https://www.sec.gov/marketstructure/midas-system
- shipofthesys 5y agoWeird seeing MIDAS referenced on HN. Always seemed like a minor thing from the inside at Thesys. Also, don’t forgot the notorious CAT project. https://www.finra.org/rules-guidance/key-topics/consolidated-audit-trail-cat https://www.finra.org/rules-guidance/key-topics/consolidated...