SenAer Trading, the global aircraft trading platform, has announced that Intertrust Group will join the platform infrastructure as a preferred provider of services including GATS Trustee, Escrow Agent and Payments Co-ordinator.
Intertrust Group is a global leading expert in management and administration services to debt issuances, securitisation, structured and aviation finance transactions across the world.
SenAer was founded to create a digital trading platform to facilitate trading in aircraft and parts by airlines, lessors and institutional investors with a particular focus on widening the traditional investment base for secondary aviation asset sales.
Nollaig Murphy of SenAer commented: “We are delighted to partner with Intertrust Group, one of the leading financial technology service providers in the world.
“Intertrust Group has a proven track record of delivering solutions for clients operating across the globe and this, coupled with the fact that Intertrust Group is the first company outside the US to be an approved GATS trustee, made the partnership a natural fit.
“We are committed to providing a digital approach to aircraft sales executed in an efficient manner providing security to all parties, and our partnership with a global leader like Intertrust Group reflects that commitment.”
Anne Flood, Head of Capital Markets – Ireland at Intertrust Group, commented: “Intertrust Group has a proud history of partnering with companies who are at the forefront of digital invitation and we believe that SenAer’s aircraft trading platform will continue to revolutionise the aviation industry.
“We are delighted to partner with SenAer and we look forward to working with them.”