LIXILIXI
The Lending Industry XML Initiative

LIXI™ @ Work

Technical Sub-committee and Working Group update

The Vocabulary WG has been taking requests for enhancements/extensions to CAL 1.2 for the release of CAL 1.3. Submission closed on 30 January 2004. Member will be advised when the next meeting of the Vocabulary WG is to be convened to consider the requests.

At the end of 2003, the Vocbulary WG considered a set of change requests made by the Settlement WG. Those requests have now been processed and an example Schema is being produced, representing the SettlementInstructions data set, which will be a subset of CAL 1.3.

The Backchannel WG has reconvened to consider a proposal for significant extensions and enhancements to the standard. The WG met on Thursday 5 February and will meet again on Thursday 26 February to consider business requirement questions raised and discussed in the first meeting. The WG is going to focus initially on reconsidering the business requirements for the message in response to the submission of a CAL ApplicationBatch by Broker to Lender; the business requirements for updating of status and event information between Lender and Broker; and the business requirements for service requests between Lenders and Brokers for current status and event information.

The Backchannel WG also agreed to refer questions of message envelope, message reliability and encryption to the Implementation WG. The Implementation WG has already produced a reference or suggested envelope format, but this has not, as yet, been set as a standard. The reference from the Backchannel Working Group may result in a standard being recommended.



Chair – LIXI Technical Sub-committee

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