LIXILIXI
The Lending Industry XML Initiative

LIXI™ @ Work

Brokers announce major LIXI initiative

While 2003 has seen LIXI standards steadily growing in adoption, most commonly in pilot involving specific lenders and brokers, it has now been announced as a core technology for a substantial group of brokers working across the spectrum of lenders. By utilising LIXI as a standard, the group have no doubt been able to further their collective goal - a task that would have been arguably too difficult without a standard to base from. This marks a significant endorsement in the work of LIXI and also proves the value of an independent group providing leadership to the lending industry.

By creating an impartial vehicle for the development of standards, the Australian lending industry is now well placed to be a world wide leader in the implementation of automated mortgage transactions.

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