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Travelport and ATPCO Sign Technology AgreementOctober 28, 2010 By: Staff
Travelport and ATPCO announced a multi-year technology services deal. ATPCO will enhance its Sales Data Exchange, which incorporates marketing and settlement information into a single sales record, using Travelport Fare Verified technology.
The solution will create the industry’s first tool capable of guaranteeing that ATPCO’s Sales Data Exchange - used by participating airlines - provides the sales information necessary to improve the accuracy and efficiency of their revenue accounting and fare management processes.
ATPCO’s integration of Travelport fare verification technology will ensure tickets are accurately issued for any airline using ATPCO’s Industry Sales Record (ISR) and its Sales Data Exchange. Travelport’s global fares and pricing system will serve as the cornerstone of the enhanced service offering by authenticating the accuracy of fare data, rules and taxes across ATPCO’s product line.
ATPCO and Travelport’s fare verification service will also interface with First & Final Interline Billing Service, an industry solution by ATPCO, IATA and ARC that automates the process of dividing revenue between all carriers referenced on an interline ticket. This integration will ensure airlines using First & Final achieve accurately prorated interline ticket billing and settlement based on the true applicable fare.
“Travelport continues to demonstrate creativity and dedication to helping ATPCO solve industry-wide issues,” said Rolf Purzer, chief marketing officer for ATPCO. “Their ticket pricing verification will enhance ATPCO’s Sales Data Exchange. This will drive more accurate calculations of prorated amounts on interline tickets – a major advancement for the airline industry that will deliver uniformity, protect revenues and lower operating costs for airlines worldwide.”
“ATPCO’s choice to integrate our patent pending Travelport Fare Verified technology into their Sales Data Exchange service underscores ATPCO’s longstanding commitment to improving fare data integrity and accuracy,” said Kevin Ficco, vice president, Travelport Airline IT Solutions. “This enhancement will have a dramatic impact on protecting airline revenues and create a stronger distribution environment for interline partners, travel agencies, corporations and consumers.”