2016 LIXI Industry Survey

Welcome to LIXI's stakeholder survey

Thank you for taking the time to complete this survey. Your responses will help LIXI improve the services we provide and to prioritise our efforts over the next 12 - 24 months. Whilst the website will capture the identity of parties completing the survey, the identity of respondents will not be revealed when the results are published.

Contact Details

First Name *

Surname

Job Role/Title

Organisation *

Email Address *

LIXI Standards

One of LIXI’s prime objectives is to develop data messaging standards to facilitate efficient transactions between its industry members. LIXI standards address a number of distinct B2B transactions that take place across the lending cycle from lodgement through settlement and discharge.

1. Does your organisation currently use a LIXI Data standard?

Yes

No

Not sure

Planning to implement in future

You're in luck! Adopting the LIXI 2 standards now will help future-proof your business and improve your ability to handle change!

Read the LIXI Information Pack for more information on LIXI

Please proceed to Question 4.

1.a. Transaction Type (Tick all that apply)

1.b. Version

2. To what extent is your organisation still achieving positive business outcomes as a result of using the LIXI standards?

Please rate on a scale of 1 to 5 ~ where 1 is not at all and 5 is to a great extent.

3. In what areas are positive business outcomes being achieved? (Tick all that apply)

Pain Points in the Lending Process

4. In what areas of the lending chain does your organisation currently experience the greatest pain points? (I.e. implementing regulatory & compliance changes, credit evaluation, back-channel messaging,manual/duplicated processes, rework etc.?)

5. To what extent do you agree or disagree with the following statements about your organisation's performance?

		STRONGLY DISAGREE	SOMEWHAT DISAGREE	NEITHER AGREE OR DISAGREE	SOMEWHAT AGREE	STRONGLY AGREE	N/A

Using LIXI standards helps increase our net promoter score.

Using LIXI standards helps optimise customer service.

Using LIXI standards helps us achieve internal efficiencies.

Using LIXI standards allows us to react quickly to industry changes.

6. How much of your organisation's legacy systems will need to be replaced to accommodate changes in technology?

To what extent will your organisation's legacy systems need to be replaced to accommodate changes in technology?

Most will need to be replaced

Some will need to be replaced

Few will need to be replaced

None will need to be replaced

7. To what extent will the following be a barrier to your organisation's use of LIXI 2 standards?

Please rate on a scale of 1 to 5 ~ where 1 is not at all and 5 is to a great extent.

Other (Please provide details)

Future use of the Standards

8. Does your organisation plan to start using one of the following LIXI standards in the next 12 months? (Tick all that apply)

Credit Application Language (CAL 1)

Credit Application Language (CAL 2)

Document Preparation and Settlements (DAS)

Electronic Guidebooks (EGB)

Equipment Finance

Lenders Mortgage Insurance (LMI)

Valuations

Other (Please state)Other (Please state)

9. The following standards will be developed, or built , in LIXI 2. Select them in your preferred build priority (this will focus LIXI’s effort in 2017):

Consumer Credit Insurance;
Credit Decisioning;
Loan Product Details;
Loan Servicing System Upload Contract Activation;
Lenders Mortgage Insurance;
New Zealand Credit Application;
SME Lending;
Valuations;

Priority 1

Priority 2 Priority 2

Priority 3 Priority 3

Other

10. Are you aware of LIXI's customisation by restriction toolset and how it can improve your agility around the schema?

I am not aware of this

Aware but unsure of benefits to my organisation

Understand it well but have not used it

Have experimented with it

Using it

11. Are there other shared technical tools that you would like LIXI to be working on? (Tick all that apply)

Regression Testing Frameworks

Generic Message Publishing and/or Consuming tools

Improved implementation Guidance

Shared test cases

Standard Transport Mechanism (an industry standard way to publish and receive messages)

Back-Channel testing

OtherOther

12. Please share with us anything you think could assist with our direction, strategy or performance.