LIXILIXI
The Lending Industry XML Initiative

LIXI™ @ Work

IP workshops

At the heart of LIXI are the standards created to support interchange of information between member organisations, to improve business processes, and reduce the cost of systems integration.

Currently access to the intellectual property of the LIXI standards is available to paid up Full Members. Recognising that the mortgage industry is constantly changing, with new participants and new products, as well as mergers, acquisitions, and new business models, the LIXI Board has commenced a review of the LIXI licensing regime.

The aim is protect LIXI intellectual property, and thereby ensure a means by which revenue can be raised to support the on-going enhancement and expansion of the standards – but to balance this with the needs and desires of the Members, recognising that there is considerable variance across the Members with regard to business functions (Lenders, Solicitors, Software Service Providers, etc), scale (from “big four” Banks to small Valuer companies), and corporate structure (multi-brand and/or parent/subsidiary).

An early part of this Intellectual Property review is a series of workshops to be conducted to gather feedback regarding licensing and other related issues.
The consultation sessions for different user groups is scheduled as follows:

Technology Service Providers
10am-1pm
Thursday 8 June 2006

Other Service Providers (Solicitors, Valuers, Lands Dept etc)
2pm-5pm
Thursday 8 June 2006

Brokers and other Intermediaries
10am-1pm
Friday 9 June 2006

Lenders
2pm-5pm
Friday 9 June 2006

The consultation sessions will be hosted at:
Perpetual
Level 12, Angel Place
123 Pitt Street, Sydney

The sessions will be run by consultants assisting LIXI with our IP licensing and business reviews, Andrew Perry of legal.consult and Dr Michael Neary.

Registration is available at the LIXI website but questions and correspondence regarding our IP licensing review can be directed to lixi-review@legalconsult.com.au.

Please note that this review process is open to both current LIXI Members, and also to lapsed members, or other interested non-Member parties who may not yet have taken up membership.

We encourage you to get involved in these reviews so that our future licensing and business model will better meet your needs.