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The Lending Industry XML Initiative

LIXI™ @ Work

Electronic Conveyancing - Progress Report

A meeting was held recently (on Feb. 15) in Canberra to gather together stakeholders in the national electronic conveyancing project. Those of you who were there (and I noted quite a few LIXI members) will be aware that the meeting’s goal was to put together a National Project Team (NPT) of industry representatives to help guide the development of the National Electronic Conveyancing System (NECS). This important step was taken because it is well understood that the NECS will only work if it has broadly-based industry support - and this support will in turn be dependent upon the NECS doing what we as an industry want and need it to do. If you are interesting in participating in, or contributing to, the NPT there is more information available on the NECS website at www.necs.gov.au.

From a LIXI perspective some of the critical issues that the NPT will be well placed to highlight, revolve around integration with the computer systems of LIXI members. The NECS needs to exchange data that, wherever possible, use the familiar LIXI vocabulary. This is why LIXI and the National Electronic Conveyancing Office (NECO) have been working closely together to define the various electronic messages that the NECS will create and consume. This work began last year and we have already made excellent progress on the transactions on the land registry side of the system.

Our attention will shortly be moving to the transactions required for client-side interactions, i.e. the transactions LIXI users will use to interact with the NECS. Clearly this is an area where LIXI users can gain a great deal by participating - both in terms of shaping how the NECS will work and developing their own staff’s knowledge of the NECS. If you would like to get involved with this work you can sign up to the NECS/LIXI Conveyancing Data Standards Working Group on the LIXI website. Group membership will give you access to review and comment on the evolving requirements documentation, and ensure that you will receive email notification of upcoming meetings.

Barry Thomas
LIXI Technical Director