SkyBooks introduces Portfolio Risk Manager

SkyBooks introduces Portfolio Risk Manager

30-Oct-2012 Source: SkyBOOKS

SkyBOOKS, Inc., a Textron Inc. (NYSE: TXT) company, and affiliate of Bell Helicopter, announced at the National Business Aviation Association (NBAA) annual meeting and convention the launch of its new finance risk mitigation tool, the Portfolio Risk Manager.

The Portfolio Risk Manager allows finance and leasing companies to proactively mitigate and manage portfolio risk while working options are still available. The web-based program compares loan to adjusted market values based on actual aircraft condition changes.

The program allows approved parties to access the online portfolio to review the current account status or risk factors.  Based on a customer’s approved Aircraft Status Report, key indicators will illustrate adjusted market value as compared to published blue book data, current market trends by aircraft model and loan to market value percentage.

Using data derived from the following data inputs, the program will create Quarterly Valuation Metric icons:

  • Current Loan Balance
  • Market value adjusted for conditional maintenance liability or compliance
  • Quarterly Market change Trend data
  • Historical Document compliance and retention

Risk managers have access to the latest conditional value analysis and maintenance status of each aircraft in a on-line, user friendly format.

“The SkyBOOKS Portfolio Risk Manager is a secure, digital document vault that maintains a copy of all original maintenance logs and component documents to help protect the asset value for both the owner and lender,” said John Willis, chief operating officer, SkyBOOKS. “Additionally, global field condition audit inspection services are available allowing operators and lenders to work more together to provide the most attractive rates possible.”

Stop by the SkyBOOKS booth #5360 to see the new Risk Manager Portfolio first hand and discuss the future possibilities.

About SkyBOOKS
SkyBOOKS Inc., based in Jacksonville, Fla., is a Textron Aviation Management Solution Software-as-a-Service provider.  It provides analyst-supported, web-based aviation solutions to corporate and government flight operations to users around the world via its own highly-secure Tier 4 data center. SkyBOOKS manages the information-processing requirements for any size rotary- and fixed-wing business aviation operation over the Internet on a subscription basis. More information is available at www.SkyBOOKS.com  by e-mail at sales@skybooks.com.

About Bell Helicopter

Bell Helicopter, a wholly owned subsidiary of Textron Inc., is an industry-leading producer of commercial and military, manned and unmanned vertical lift aircraft and the pioneer of the revolutionary tiltrotor aircraft. Globally recognized for world-class customer service, innovation and superior quality, Bell’s global workforce serves customers flying Bell aircraft in more than 120 countries.

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