Palantir deploys global planning system for Talisman
Software, Mar  19  2010 (Digital Energy Journal)

- Palantir Solutions has implemented an integrated economic and financial planning system for Talisman Energy.

The system is used to run Talisman's business plan globally at the corporate level to forecast financial statements and is based on Palantir's core software products: PalantirCash, PalantirPlan and PalantirFinancials.

Palantir has previously implemented software for Talisman Energy in regions including Aberdeen and Norway.

"There are seven databases comprising of more than twenty reporting regions in eight currencies," said Jason Ambrose, MD, Palantir Solutions. "The results are aggregated to provide a complete overall picture of Talisman’s business. Palantir had consultants working in Calgary, the UK, Norway, Indonesia and Malaysia to implement the software and assist with business planning process."

Three products from the Palantir Solutions Software are employed:

- PalantirCash – Economic Evaluation Solution: an economic system on which accurate and reliable economic analysis can be performed in a secure and standardized manner.

- PalantirPlan – Portfolio Planning Solution: a portfolio analysis solution that allows planners to get an in-depth insight in the portfolio by creating detailed business plans, setting targets and extensive shuffling of projects and attributes.

- PalantirFinancials - Consolidated Financial Statement Solution: an integrated product that builds dynamic financial statements that can be tuned to the users’ own company standards.

Palantir Solutions

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