Madrid, Spain – November 15, 2021
Demonstrates commitment to the end-to-end transformation of the airline business
- Accelya is the first provider to gain the latest IATA Airline Retailing Maturity (ARM) index recognition on schema version 20.2, so airline customers can settle NDC transactions while they get ONE Order-ready
Accelya, a leading global provider of technology solutions to the travel industry, 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, launched October 24th, 2021. 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.
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Discover more on the Accelya blog
The IATA Airline Retailing Maturity index – What it means for you
About IATA
- IATA (International Air Transport Association) represents some 290 airlines comprising 82% of global air traffic.
- You can follow us at com/iata for announcements, policy positions, and other useful industry information.
- COVID-19 media kit.
- Travel Pass news and media kit.
About Accelya
Accelya is a leading global technology and service provider to the air transport industry.
Accelya’s market-leading passenger cargo, and industry platforms support airline retailing from offer to settlement. The company has over 250 airline customers and operations spread across nine countries, employing over 2,000 professionals worldwide. For more than 40 years Accelya has been the industry’s partner for change, simplifying airline financial and commercial processes.
Whether partnering with IATA on industry-wide initiatives or creating strategic solutions that simplify airline processes, Accelya drives the airline industry forward and proudly puts control back in the hands of airlines so they can move further, faster. For more information, please visit www.accelya.com
ACCELYA – PRESS CONTACT:
Rose Fernandez
[email protected]
BELVERA – PRESS CONTACT:
Roman Townsend
Belvera Partners
[email protected]
IATA – PRESS CONTACT:
Corporate Communications
+41 22 770 2967
[email protected]