innovation, compliance & customer experience
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.
'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.
Customise a LIXI2 Schema using the LIXI Python Package
Customisation-by-Restriction allows you to create a LIXI2 schema that is specifically tailored to your requirements: only include the items you use, restrict the accepted data, and generate custom documentation.
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Living Expense Categories- February 2020
A list of the Standard categories for Living Expenses and Other Commitments as they are incorporated into our data standards as of 17th February 2020.
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Create A Database Using LIXI2 C# Classes
This post steps through the process of creating a database that conforms to the structure of a LIXI2 schema. Each element will be represented by a DB table, and each attribute will have an equivalent field in the table.
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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).