LIXILIXI
The Lending Industry XML Initiative

LIXI™ @ Work

Technical Sub-committee and working groups Update

A lot of the technical work LIXI undertakes can be hard to see unless you are directly involved. Nonetheless, there has been plenty happening over the past few months:

Products: It has been a long, hard road but (believe it or not) we do seem to be making some real progress. Keep your eye out for a new version of the Products Online Requirements in the next couple of weeks.

Valuations: The LIXI Valuations standard has been available for some time now, but we are well aware that a standard isn’t much use if you can’t implement it. So, LIXI has been working with NICTA to develop a working example of online valuation data exchange. The goal is to provide an example of how to do it, and working, documented computer code to give members a place to start their own implementations. Once this is in place the idea is to extend the example to make it relevant to all LIXI messaging. Keep an eye out for a meeting coming up to demonstrate what NICTA has put together for us.

Commissions: A meeting has been scheduled for Monday October 9 at 3pm where members can raise any issues or suggestions they might have about getting working implementations of this standard up and running.

Servicing: The Servicing Working Group editor (Michael Herring of Axcess Consulting Group) has compiled a draft Requirements document for this new standard. This document will be published in online format shortly.

Business Processes: Our collaboration with NICTA to produce a reference model for loan processing has continued throughout this year, with various LIXI members contributing their expertise to help the NICTA researchers refine the model. Version 2.0 of the model is planned to be available in time for the upcoming LIXI AGM – and as always we’d love to hear your comments.


Chair – LIXI Technical Director

Meeting to discuss the LIXI Commissions standard

It has been some time since LIXI Commissions standard was first published so we are holding a meeting to discuss any issues that may have arisen since then.
We are interested in hearing from you on the following topics:

  • Is there any need to add to or otherwise modify the Commissions standard?
  • Do you have any issues with implementing the Commissions standard that we may be able to assist with?
  • Anything else you would like to raise.

Details are:

Date: Monday 9th October
Time: 3pm
Address: Level 40 Boardroom, Citigroup Centre, 2 Park St Sydney.

For those wishing to dial in, a teleconference has been arranged and the number to call is 02 8225 5556.

Please RSVP to