LIXILIXI
The Lending Industry XML Initiative



LIXI™ @ Work

WelcomE

One often hears about the peculiar nature of numbers either in good fortune or a challenge of some sort. Being open minded, I would like to explore the impact of the number 7 to LIXI. An organisation that, besides offering great benefits to its members, has strong community sense and relationships at its core.

LIXI has been around for 7 years and is at it most fundamental level fuelled by volunteer effort and expertise from members. So what effect does 7 years of contribution have on a person? Fatigue comes to mind and it has been evident in some instances of LIXI Working Groups.

So how does one combat fatigue? Rest or a change is often cited as a good remedy but that can be disastrous to an entity with limited resources such as LIXI. Injecting ‘new blood’ is another way to revitalise and restore enthusiasm and this is exactly what we plan to do with our expansion into the New Zealand market. Fresh ideas and enthusiastic participation will help LIXI achieve its goals as the similarity of the two markets will ensure the ready transfer of knowledge and a boosting of resources dedicated to the same achievements.

The Board of LIXI is also evaluating improved methodologies that will shorten delivery times and improve the quality of Working Group output through NICTA developed process models. The provision of prototypes will help with rapid deployment by members and also aid the introduction of certification, a much desired and noticeably absent facility in LIXI’s toolbox.

Will that be enough? We think not, so we are also focusing on strategy, education and networking. We are starting small this year by introducing the LIXI Forum. This will be a one day event that will cover the LIXI AGM, Keynote speakers on the direction of the industry, focus groups and panel discussions as well as training workshops. It is complimentary to members and we are hoping its success will turn it into a two day conference next year. As usual, I am eager to discuss these points with you so don’t hesitate to contact me and offer your views.

You know, I don’t feel tired at all. Excited? Yes.

Socrates Vasiliadis
LIXI CEO