LIXILIXI
The Lending Industry XML Initiative

LIXI™ @ Work

Chairman's welcome

Industry participation can make or break any initiative. I am happy to report that all indications show that LIXI will make it! Our recent General Meeting [GM] in Melbourne was a show of dedication by existing members and support by new groups. The lending market is made up from a diverse range of service providers and for LIXI to realise its full potential we need every lending chain group to be represented. If you are interested to review the opening presentation from the meeting please see the papers section on the website.

LIXI is making the transition from theory to practice in an increasing pace. Announcements by adopters of LIXI such as the Trident group motivate and urge others to join. In this issue we welcome a number of new members from the Valuer segment of the lending market and look forward to their adoption of and contribution to LIXI.

I have it from a good source that there will be a technology “show and tell” from one of the Valuer members at our next LIXI General Meeting in Sydney on June 26th. In addition, there will be a preview of a new and exciting way of sending forms and signatures across the mobile network to any destination. Sounds interesting? Mark this date in your diary now!

And it doesn’t stop there. More and more members are announcing their LIXI gateways and LIXI enabled products. Nextgen.net, the technology providers for the Trident group, have firmly placed their support in LIXI and made a strong commitment of continued support for the standard.

This month LIXI is also announcing the first of a series of training courses targeting an introduction to Credit Application Language [CAL] for Analysts and Developers. See next story for more information.

Last but not least, I would like to thank all the participants of the LIXI survey. The analysis of the results is underway and we will be covering the main topics and issues at our next GM in June. The prize draw for the survey was conducted in front of the Board and was drawn by Andy Zaple of The Pitt Crew. We have two lucky winners: Neil McDowell from Macquarie Bank Limited won the Xbox and Ramesh Konda from Yes Home Loans who won the Lunch with Barry Thomas and myself. The Xbox will be presented by Microsoft at the GM.


LIXI Chairman

 


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