Winner of the Best Business Enabler 2005 Category

MIAA supports LIXI

Welcome

The release of CAL 1.3 at the recent LIXI GM capped the efforts of many people across a number of areas of the lending process. Always driven by the need to better past efforts, the team’s work doesn’t get easier or come faster but the results produce far greater benefit for those who implement them

So far, LIXI has celebrated success through acknowledgements from all its members. This year, LIXI was nominated for a 2005 MIS Innovation Award and won the “Best Business Enabler” category. I think the award says it all as it captures the essence of all of LIXI efforts in just three words. If there was any shred of doubt about LIXI’s success in anyone’s mind I think it should be gone forever!

By popular request, one feature of the last General Meeting will become a permanent event in all future meetings. I am referring to the presentations of LIXI members and the benefits they articulate across many areas of their business. ANZ and Westpac gave a compelling view of how LIXI has impacted not only their business but how they are preparing for the future. Make sure you attend the AGM on October 13 to hear two more insightful presentations.

You may have seen the call for LIXI Directors on the web site and wondered if you can participate in driving LIXI’s direction. The process is simple and open to all Full [Ordinary] Members. Just download the nomination form and get it seconded by another Full Member and you are in the running! Applications close on the 16th of September and voting will take place at the AGM.

The upcoming AGM is a very important event for LIXI. When LIXI was conceived in 2000 there was no such precedent in the Australian Lending Industry. The existence of LIXI and its achievements have changed the industry in ways not even the founding members could have foreseen. As such, the Board of LIXI will be proposing a number of small changes to the constitution for vote by all full members. Read the “How LIXI works” article for more information.

A number of activities makes an AGM different to a GM and therefore requires as many of the full members to participate and vote. These include going through the LIXI accounts for the year, approving strategy and changes, voting new Directors to the Board and raising new business to the attention of the Board and the Executive. Now that others also think that LIXI is also important for business it would be a shame if we missed the AGM. See you there.

Executive Officer