Published on Monday, October 1, 2012
Travel software specialists Multicom has developed its FindandBook system to allow users to issue the new ATOL certificates, which come into force today.
Multicom is planning to make the new system available today but is awaiting CAA approval.
It says some FindandBook customers may need to make minor changes to the way their interface with Multicom is configured to enable them to issue the new certificates directly from the system.
Multicom Managing Director John Howell said: "While some industry experts have been predicting doom and gloom ahead of the introduction of ATOL certificates, Multicom has been busy gearing up to help its customers through the challenges ahead.
"We will help any customers who may need to make minor changes to ensure they can access this new development so they don't fall foul of the CAA requirments."
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The recent insolvency of Low Cost Travel Group, one of the large players in the travel industry had a big impact on the travelers, hotels and all related players from both wholesale & retail arms. There were about 27,000 people on a holiday who had booked through the company comprised of a €200 million wholesale arm and €500 million OTA / retail arm.