LIXILIXI
The Lending Industry XML Initiative

LIXI™ @ Work

Commissions Reference Implementation

As announced at the LIXI Forum, work has commenced on a Reference Implementation for the Commissions Working Group. Sponsored by Microsoft, the broad objectives of the project are to provide guidance with regard to how the Commissions standard can be implemented and to create working code that members can adapt to meet their own requirements.

A secondary objective is to better understand the factors that make reference implementations successful. Feedback to date is that open, transparent implementations go a long way toward explaining and improving the standards. By formalising the reference implementation process it is hoped that more, (and more frequent) projects can be undertaken in 2008.