[Grand] Compliance and FCG group are pleased to announce a new partnership with Denver CO based Palantir Technologies Inc (NYSE: PLTR), lead provider of data analysis and decision making software. Grand and Palantir will collaborate in developing a new, State of the Art, anti-money laundering solution, integrating the AI-based Foundry platform with Grand's innovative compliance and GRC software.[Grand] Compliance and FCG group are pleased to announce a new partnership with Denver CO based Palantir Technologies Inc (NYSE: PLTR), lead provider of data analysis and decision making software. Grand and Palantir will collaborate in developing a new, State of the Art, anti-money laundering solution, integrating the AI-based Foundry platform with Grand's innovative compliance and GRC software.
Grand AML powered by Palantir Foundry
Grand AML, powered by Palantir Foundry, is a new end-to-end AML/KYC capability that will be added to Grand, our next gen compliance management platform.
Normally, access to a platform like Foundry would be out of reach for smaller companies, but through our partnership with Palantir, even SMEs will benefit from state-of-the-art KYC/AML technology. This partnership will allow us to offer a complete, one-stop-shop compliance solution for all of our customers.
Palantir’s cutting-edge AI technology and experience in data analytics paired with FCG’s extensive GRC expertise and Grand's innovative solutions will enable customers to leapfrog in tech enablement, ultimately gaining more insights from their business data and improving on their ability to meet GRCobligations such as ESG, AML, and Regulatory Reporting.
We are excited to partner with Palantir Technologies to bring our innovative AML/KYC SaaS solutions to clients across Europe. Palantir’s cutting-edge AI technology and experience in data analytics will allow us to deliver even more value to our clients, helping them to streamline their AML/KYC processes and stay ahead of regulatory compliance requirements. Grand AML powered by Palantir boasts to be the most powerful end-to-end AML/KYC solution available to any small or midsized financial institution in Europe.
NICOLAS ESPINOZA, CEO AT GRAND
Foundational software of tomorrow. Delivered today.
Financial institutions need to comprehensively understand the behavior of their customers, counterparties, and all related networks. Foundry for AML is a regulator approved approach to improving your AML risk posture by deploying a next generation AI-based AML and compliance process within days.
Read more: Palantir
Grand is not your average GRC platform. Our primary focus is to make the lives of GRC practitioners easier and more fun. We do this by reducing workload through workflow automation, collaboration, advanced AI, and all the rest. But what truly sets us apart is our continuous feed of out-of-the-box content that has been curated by industry-leading experts.
Grand Compliance is the most innovative RegTech provider in the Nordics and is a part of the FCG Group. Backed by more than 450 industry leading experts in governance risk and compliance, Grand is reinventing GRC for the finance community by combining AI-enabled solutions with human expertise.
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements may relate to, but are not limited to, Palantir’s expectations regarding the amount and the terms of the contract and the expected benefits of our software platforms. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Forward-looking statements are based on information available at the time those statements are made and were based on current expectations as well as the beliefs and assumptions of management as of that time with respect to future events. These statements are subject to risks and uncertainties, many of which involve factors or circumstances that are beyond our control. These risks and uncertainties include our ability to meet the unique needs of our customer; the failure of our platforms to satisfy our customer or perform as desired; the frequency or severity of any software and implementation errors; our platforms’ reliability; and our customer’s ability to modify or terminate the contract. Additional information regarding these and other risks and uncertainties is included in the filings we make with the Securities and Exchange Commission from time to time. Except as required by law, we do not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments, or otherwise.