Cirium, the world’s most trusted source of aviation analytics, has announced a new partnership with Aerlytix. The collaboration will enhance the data analytics capabilities for financial service providers and lessors, powering broader insights and more readily accessible and faster asset and risk management scenario views and reporting.
With pressure mounting on the aviation industry to provide more frequent reports and make metrics more available for advantageous market solutions, this partnership, along with Cirium’s investments in analytics, is positioned to support these challenges through innovative and transparent data solutions. Cirium predicts that 2025 will be a pivotal year for transformative data analytics in aviation finance and digital platforms to assist in investment strategies and asset management.
Jeremy Bowen, Cirium CEO said: “Our Partnership with Aerlytix, combined with Cirium’s continued investment in data and analytics innovation, underscores our commitment to driving transformative advancements in aviation finance. The industry faces mounting pressures for more rigorous financial reporting, enhanced oversight and improved access to financing—key to modernising fleets and facilitating aircraft trading.
Addressing these challenges requires greater efficiencies, transparency and data security. Cirium’s unique expertise in aviation data analytics empowers financial institutions to meet these demands and create smarter financial strategies.”
Cirium’s exclusive relationship with Dublin-based aviation technology company Aerlytix, provides aviation financiers with access to maintenance-adjusted valuations, scenario-based fly-forwards on a single aircraft as well as portfolio valuation reporting through Aerlytix’s advanced digital platform.
The new integrated service leverages the combined strengths of Cirium and Aerlytix by incorporating Cirium Ascend’s comprehensive data – covering fleets, values, maintenance costs, reserves and intervals- alongside Ascend Consultancy’s accredited aircraft valuations expertise, which will be integrated into the Aerlytix proprietary SaaS platform.
Alan Doyle, Aerlytix CEO said: “This integrated service empowers the aviation financial services market to digitize decision-making around asset portfolios, seamlessly embedding analytics into finance and technical workflows. We are delighted to partner with Cirium to drive innovation and set a new standard in portfolio valuations.”
Cirium’s dedication to helping drive the evolution in data analytics within the aviation finance market extends to its recent investments in innovative tools that enable tracking flight and ground activity of aircraft portfolios, monitoring and benchmarking key value and liquidity metrics by aircraft asset class and analyzing aircraft CO2 emissions. Additionally, Cirium is onboarding new technologies to provide businesses with seamless and innovative access to its comprehensive data, including a data warehouse available through platforms such as Snowflake Software.
Content retrieved from: https://www.cirium.com/thoughtcloud/cirium-announces-strategic-partnership-with-aerlytix-to-advance-aviation-finance-analytics/.
