Data retention is part of the overall store management system and describes the process that governs how long data is stored in and how data is removed from the Palantir platform. Consistent with FIPPs, sensitive data such as PII in particular typically must be deleted as soon as the processing purpose has been fulfilled in order to comply with applicable data protection regulations. Depending on your contractual agreements or compliance needs, some data may also need to be retained. You should therefore be mindful that deletion from the Palantir platform at some point becomes irreversible and implement relevant controls, such as eligibility reviews, throughout the process.
We highly recommended you determine retention requirements as early as possible, ideally before any data is ingested at all.
For more information, refer to the documentation on how retention works, or contact Palantir Support.