LIXILIXI
The Lending Industry XML Initiative

LIXI™ @ Work

Chairman's welcome

Welcome to our first LIXI newsletter which we believe is appropriately named LIXI @ Work. It has been almost 3 years since the inception of LIXI and if our last general meeting is an indicator then we can confidently say it has been a worthwhile effort.

There are many achievements the members of LIXI should be proud of. Our continued existence and growth is one of them but more so are the results produced. Fuelled only by volunteer effort and a vision for an efficient lending chain the various working groups started with the core Application process and are extending into the areas such as Mortgage Insurance, Loan Settlement and Broker Commissions. This has resulted in the production of the evolving CAL Standard, now at version 1.2, and LIXI’s Road map to the future.

LIXI is also larger than the sum of its parts and should not just be measured by its physical deliverables. The membership is a moulding force that is shaping and driving the industry to new levels of achievement. LIXI has brought together people and companies never thought possible before and innovation has become the norm.

We look forward to our regular General Meetings with product showcases and a forum to voice your opinion for direction, ask questions and compare notes with others.

We still have a long way to go. Next on the horizon we have the issue of accreditation, LIXI specific training courses and new working groups that are waiting to tackle the next piece of the puzzle.

Any person will tell you that using enthusiasm as a metric for success when something new is formed is not necessarily a good indicator. Sustaining enthusiasm over a number of years though is the best indicator for success. Browse through the members listing on the last page and you will be amazed. I certainly was.

See you at the next meeting.


LIXI Chairman

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