innovation, compliance & customer experience
Proposed NSW Stamp Duty Changes
NSW Treasury has proposed changes to Stamp Duty and has undertaken consultation – we’d like your feedback on the potential impact on the LIXI Standards.
Read More →
Avoid this Systems Development Mistake
Don’t fall into the trap of over-simplification just to get a software product out the door. Simplify the user interface and the business logic, but don’t simplify your data model in a way that requires endless cycles of deep refactoring.
Read More →
April Standards Release Announcement
LIXI is pleased to announce new updates to the LIXI standards, published on the 19th of April.
Read More →'Fostering Collaboration since 2000'
LIXI has enjoyed strong support since being established with a large base of licensees and members from across the Lending Industry.
Lenders and Finance Providers
Incoming electronic messages based on the LIXI standards are frequently used as the basis for electronic lodgement of applications for credit.
Aggregators, Broker Groups and Mortgage Managers
These organisations frequently generate electronic messages for the lodgement of applications of credit from their internal CRM systems.
Service & Software Providers to the Lending Industry
An ever increasing number of suppliers of services along the lending chain transmit electronic messages based on LIXI, from insurance providers, valuation firms as well as many software providers.
Innovation in Standards Management
We use efficient, modern development practices and tools to request, discuss, implement and test changes.
LIXI Standards
The latest versions of the LIXI standards are available as XML or JSON schemas, and come with a comprehensive data dictionary and glossary, helping standardise the language of lending. Standards are available to LIXI Members and Licensees via the Downloads page.
Credit Applications
Standards for electronic lodgement of Credit Applications. Includes mortgages, cards, personal finance, commercial & business lending. Available for Australia (CAL) and New Zealand (CNZ).
Credit Decisions & Serviceability
Standards for interfacing credit origination systems with serviceability calculators (SVC) & credit decision systems (CDA) in order to facilitate the processing of credit applications.
Mortgage Insurance
Standards for interfacing between lenders and insurers for submission, approval and return of policy information for mortgage insurance applications (LMI).
Valuations
Standards for interfaces between lenders, valuers and related service providers to order, execute and return reports for real estate valuations (VAL).
Document Preparation & Settlements
Standards for generating the documentation necessary to originate a credit product or to engage with entities that take part in aspects of the settlement process (DAS).
Account Creation
Enables electronic messaging between lenders and loan servicing organisations, or lender core banking systems, when creating a new loan account (ACC).