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ICH Update. 2010 ICH User Group Nicholas Coote Clearing House Manager. Where have we come from?. The deepest recession for 20 years, possibly since the 1930s ICH volumes in 2009 were down by 20% on 2008 More in P, C and U, less in M 23 suspensions in 2009 Several major bankruptcies. 81%. - PowerPoint PPT Presentation

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<ul><li><p>ICH Update2010 ICH User Group Nicholas CooteClearing House Manager</p><p>KUL 20-22 Oct 20102010 ICH UG Meeting *</p><p>Where have we come from?The deepest recession for 20 years, possibly since the 1930sICH volumes in 2009 were down by 20% on 2008More in P, C and U, less in M23 suspensions in 2009Several major bankruptcies</p><p>KUL 20-22 Oct 20102010 ICH UG Meeting *</p><p>What is in store for 2010?Demand is increasing, and faster than capacityLoad factors up from around 72% to nearly 79%</p><p>KUL 20-22 Oct 20102010 ICH UG Meeting *</p><p>Business confidence is back</p><p>KUL 20-22 Oct 20102010 ICH UG Meeting *</p><p>Profits are increasing</p><p>KUL 20-22 Oct 20102010 ICH UG Meeting *</p><p>Clouds on the horizon?</p><p>Not in the clear yet 2011 is looking mixedLoad factors seem to have passed their peakBusiness confidence seems to have turned</p><p>KUL 20-22 Oct 20102010 ICH UG Meeting *</p><p>ICH activityThroughput is increasing up by 8% on last yearLed by UATP and CargoPlenty of new joiners11 Airlines, 10 Associates and 2 SponsoredOnly 6 suspensions so far this year, with a loss ratio of just 0.0001%The remainder was covered by security deposits or by recoveries after the event</p><p>KUL 20-22 Oct 20102010 ICH UG Meeting *</p><p>Changes related to the SIS projectNew interface to SIS to replace ICH-Web and F12Streamlined interclearance with the ACH New reports to show sources of data (ICH Web or SIS)New Suspended Member reportsOther changesImprovements to F3 processingNOTE: Existing ICH reports will continue to be available after SIS implementation</p><p>KUL 20-22 Oct 20102010 ICH UG Meeting *</p><p>Changes to service pricing in 2011Participation structure and fees have been unchanged since inceptionNeed to start rethinking both in the light of SIS needsNon-IATA Airlines, Strategic Partners, Airline Subsidiaries and Sponsored airlinesBillings up to USD1m pa USD10,000 paBillings up to USD10m pa USD20,000 paAssociate Members and Sponsored non-airlinesBillings up to USD1m pa USD16,000 paBillings up to USD10m pa USD32,000 paICH Web fees and billing over USD10m rates are unchanged</p><p>KUL 20-22 Oct 20102010 ICH UG Meeting *</p><p>Changes to service pricing in 2011New baseline pricing implemented for SIS usersBillings up to USD100,000 pa USD1,000No ICH-Web fees use of ICH-Web not permittedApplies to Airline Members and Associate MembersEffective from go-live, and included within the SIS Participation Fee</p><p>KUL 20-22 Oct 20102010 ICH UG Meeting *</p><p>SIS Migration SurchargeReminderAt SIS go-live, the SIS Migration surcharge comes inPublished in March 2009 and also highlighted last yearApplies to all ICH Web usersCharge likely to apply to period October-December 2011Rate varies according to number of invoices processed and status of MemberPublished amounts will be prorated accordingly</p><p>KUL 20-22 Oct 20102010 ICH UG Meeting *</p><p>SIS Migration Surcharge</p><p>KUL 20-22 Oct 20102010 ICH UG Meeting *</p><p>Changes to settlement rules in SISSettlements will be based on invoices, not claimsNo invoice = no settlementAdjustments will be based on invoices, not claimsIncorrectly issued invoices; error identified before Closure:Issue a credit invoice to correct the settlement balanceSame Charge Category and Charge Code, and reference the original invoiceGoes through ICH in the normal mannerMaintains the link between invoice values and settlement valuesSettlement value is changed by the ICH after Closure due to a Protest/Adjustment:Issue a credit invoice as above with Settlement Method Indicator = RSignifies Reversal, and SIS will not route it to the ICH to avoid a duplicated adjustment </p><p>KUL 20-22 Oct 20102010 ICH UG Meeting *</p><p>Changes to settlement rules in SISICH-Web blocking for migrated usersApplies once you have migrated a complete billing Category (P, U, C or M)The migrated Member can notify the ICH of its move of that Category, and the ICH will publish this to the MembershipAfter 6 months, ICH-Web access will be closed to both billing and billed MembersEffectiveness date still under discussionAll billings thereafter must go through SIS, in both directionsMay mean manual entry through IS-Web</p><p>KUL 20-22 Oct 20102010 ICH UG Meeting *</p><p>Changes in the RegulationsFull review by ICH PanelNew edition in 2011Review of Protest proceduresChanges to Claims entry and submission (Procedure 1)Report outputs (Procedure 2)Signatory processes (Procedure 3)Service charges and fees (Procedure 11)New concepts, such as handling and disposal of duplicate claims</p><p>KUL 20-22 Oct 20102010 ICH UG Meeting *</p><p>Note on securityIncrease in scam emails targeting ICH membersReference unpaid debts to IATAREMEMBER:IATA emails will only come from name@iata.org or dept@iata.orgAll IATA emails are digitally signed check the certificateOur true bank accounts are published in ICH Procedure 4Report any attempts at fraud to the ICHIf in doubt, ask usNote also:We wont change your notified bank account unless we recognise the signatoriesTwo approved signatories are required for us to action requests</p><p>KUL 20-22 Oct 20102010 ICH UG Meeting *</p><p>ICH WGLA resigned from the Panel, Now LH (Chair), UA, KLOpen for applications for membershipMust be a senior financial manager from an IATA Member, in good standing, approved by CFOCV to be submitted to Financial Committee for review Must be able to travel to meetings (not more than twice per year)</p><p>KUL 20-22 Oct 20102010 ICH UG Meeting *</p><p>ICH UGFocus on SIS this will probably be the last major industry meeting before go-liveMost of the meeting has been given over to SIS briefingsSIS fundamentally changes the way you make your claimsE-invoice instead of ICH-Web/F12Take the opportunity to talk to the SIS project team, and colleagues from other airlinesICH staff will answer any questions on impacts on ICH processesGive us any suggestions for improvements or changes in the services we provide</p><p>KUL 20-22 Oct 20102010 ICH UG Meeting *</p><p>Final noteFor ICH Members SIS is mandatoryYou dont have to migrate immediately, or all at onceYou can be part ICH-Web and part SISIn the SIS world, your invoice is your claimBenefit: Settlement always reconciles to invoicesCorollary: Failed invoice = no settlementA huge change for all of us, including ICH itselfWe will do all we can to support and assist our Members during the transition</p><p>KUL 20-22 Oct 20102010 ICH UG Meeting *</p><p>Thank you</p><p>Email:ich@iata.org</p><p>ICH Website:www.iata.org/ich</p><p>Volume from USD50b to USD40bYields have improvedProfits are returningICH Circular 039-09 issued 28 May 2009</p></li></ul>

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