Accelya given landmark IATA ‘Airline retailing maturity index’ recognition on its FLX platform | TravelDailyNews International
  • Travel Daily News Asia
  • Travel Daily News Asia
  • Travel Daily News Greece & Cyprus
New Articles

Aviation

Accelya given landmark IATA ‘Airline retailing maturity index’ recognition on its FLX platform

71923
0
SHARES
00

The certification reflects the transformational ethos of the new Accelya FLX Platform that will integrate commercial and financial processes across the airline transaction lifecycle. 

 

BARCELONA, SPAIN - Accelya – a leading global provider of technology solutions to the travel industry – has announced that the International Air Transport Association (IATA) has certified Accelya as the first technology provider for the schema version 20.2 of the IATA Airline Retailing Maturity (ARM) index .

The certification reflects the transformational ethos of the new Accelya FLX Platform that will integrate commercial and financial processes across the airline transaction lifecycle. The IATA designation recognizes that Accelya’s Order Accounting solution now accepts orders as an input for settlement. An extension of the NDC and ONE Order programs, the IATA Settlement with Orders (SwO) initiative seeks to transform the airline business by aligning commercial and financial processes. The aim is to achieve greater airline control, efficiency, and innovation. The SwO framework maps the flow of information between Order Management Systems (OMS) of airlines and travel sellers via the IATA Clearance Manager. The SwO approach facilitates automation, reconciliation, and settlement processes for NDC channels thereby increasing the speed and forecasting of cash flow across the ecosystem.

Accelya’s SwO solution augments the FLX Platform that unites Accelya’s market-leading settlement capabilities with the offer and order retailing technology attained from the Farelogix acquisition. “Since the coming together of Accelya and Farelogix, we have been working hard on integrating our teams and our technology vision so we can transform the airline business from offer to settle. The Airline Retailing Maturity index recognition is a string to this bow. Our close collaboration with IATA in developing this industry-first solution is another step forward in our journey towards ONE Order and friction-free retailing,” said Jim Davidson, Chief Product Officer (CPO), Accelya. “Uniting our offerings into the FLX Platform will unlock more possibilities for airlines across the business units, enabling them to break free from restriction and enjoy greater freedom and control.”

Yanik Hoyles, IATA’s Director, Distribution said: “Congratulation to Accelya! By becoming the first System Provider certified on the new Airline Retailing Maturity index on schema version 20.2, Acceyla is helping support the industry’s journey to a fully-realized world of offers and orders, which will create greater value for airlines and travelers.”

Accelya’s advanced retailing capabilities are highlighted in the new IATA Airline Retailing Maturity (ARM) index. The index combines Settlement with Orders (SwO), ONE Order, and NDC certifications and broadens the scope to include retailing essentials, such as shop, order, pay, settle, account, and setup.

6 Days News
Backpacking for beginners
Best Morocco desert tour
Revinate acquires Go Moment
Jet ski tour in Miami