ARC has joined NDC Exchange, a marketplace for airline
product sales supported by IATA's New Distribution Capability (NDC). ARC's settlement data will be integrated with the marketplace.
NDC is a new XML-based data transmission standard that promises to improve the capability of airline sales, allowing for airlines to make personalized offers and to sell ancillary products in the travel agency channel.
NDC Exchange was launched last fall by the Airline Tariff
Publishing Co. (ATPCO) and technology company SITA.
According to ARC, it will form a joint team with ATPCO to
work on integrating its settlement services and data with NDC Exchange.
"By combining each company's expertise, ARC and ATPCO
expect to offer more flexible transaction processing workflows, billing and
settlement, and outputs that enable airlines and agencies to efficiently manage
their partnerships as available content grows," ARC president and CEO Mike
Premo said in a statement.