The following annual fees are effective 1 January 2017 and are exclusive of GST.
For application forms and information on joining LIXI, please visit this page.
MEMBERSHIP FEE SCHEDULE
| Category | Target Audience | Class | Fee |
|---|---|---|---|
| LIXI Membership | LIXI Membership provides organisations the opportunity to contribute to the design and development of new and existing Standards through working group participation. LIXI Members can become involved in the operation of LIXI, have a vote at the AGM, and have access to numerous networking opportunities via LIXI events. | M | $1,244 |
LICENCE FEE SCHEDULE
The table below outlines all LIXI Licence categories and the associated per annum fees. The fee payable for use of a LIXI Standards Package under a LIXI Licence is determined by the amount of use of the standards by the Licensee organisation and therefore the amount of benefit they derive from using LIXI standards.
It is recognised that there will be a 'hybrid' environment while licensees transition from LIXI 1.x based standards to LIXI 2 based standards. If a LIXI 1 licence and a LIXI 2 licence are held simultaneously, the cost will not exceed the higher priced of the two. LIXI is committed to enabling organisations to adopt LIXI 2 standards without incurring significant financial costs.
| LIXI CAL 2 STANDARDS PACKAGES | ||||
| Category | Standards Package | Licence Description | Class | Fee |
|---|---|---|---|---|
| Development | All LIXI Standards. | For organisations currently developing to the LIXI Standard. Note: Valid for a 6 month period after which a paid licence or membership is required. A valid licence is required upon transmission or production messages. |
LIXIDEV | $0 For a 6 month period |
| Master Comprehensive | All LIXI Standards, including LIXI 1.x based Standards Package, LIXI 2 Standards Package and EGB Schema | Applies to the four major lender organisations (CBA, ANZ, WBC, NAB) and their wholly owned subsidiaries, whose Use of the Subject Software is unlimited | MC1 | $87,656 |
| Comprehensive | All LIXI 2 standards inclusive of equipment finance elements, Electronic Guidebook* and Backchannel* Standards. | For organisations whose Use of the Subject Software (across all transactions) exceeds 5000 Transactions per month. | L2-C4 | $23,333 |
| Comprehensive | All LIXI 2 standards inclusive of equipment finance elements, Electronic Guidebook* and Backchannel* Standards. | For organisations whose Use of the Subject Software (across all transactions) is in between 1500 and 5000 Transactions per month. | L2-C3 | $11,781 |
| Comprehensive | All LIXI 2 standards inclusive of equipment finance elements, Electronic Guidebook* and Backchannel* Standards. | For organisations whose Use of the Subject Software (across all transactions) is in between 300 and 1500 Transactions per month. | L2-C2 | $5,864 |
| Comprehensive | All LIXI 2 standards inclusive of equipment finance elements, Electronic Guidebook* and Backchannel* Standards. | For organisations whose Use of the Subject Software (across all transactions) is up to 300 Transactions per month. | L2-C1 | $1,963 |
| Credit/Mortgage Origination | CAL 2 Application, Electronic Guidebook* and Backchannel* Standards. | For organisations whose Use of the Subject Software (across all transactions) exceeds 500 Transactions per month. | L2-O3 | $5,864 |
| Credit/Mortgage Origination | CAL 2 Application, Electronic Guidebook* and Backchannel* Standards. | For organisations whose Use of the Subject Software (across all transactions) is between 100 and 500 Transactions per month. | L2-O2 | $1,963 |
| Credit/Mortgage Origination | CAL 2 Application, Electronic Guidebook and Backchannel* Standards. | For organisations whose Use of the Subject Software (across all transactions) is up to 100 Transactions per month. | L2-O1 | $655 |
| Valuations* | LIXI 2 Valuations and Electronic Guidebook. | For organisations involved in valuation, whose Use of the Subject Software in this Category between 500 and xxx Transactions per month. | L2-V3 | $5,864 |
| Valuations* | LIXI 2 Valuations and Electronic Guidebook. | For organisations involved in valuation, whose Use of the Subject Software in this Category is between 100 and 500 Transactions per month. | L2-V2 | $1,963 |
| Valuations* | LIXI 2 Valuations and Electronic Guidebook. | For organisations involved in valuation, whose Use of the Subject Software in this Category is up to 100 Transactions per month. | L2-V1 | $654 |
| Insurance* | LIXI 2 Insurance and Electronic Guidebook. | For organisations involved in mortgage or title insurance, whose Use of the Subject Software in this Category is between 500 and xxx Transactions per month. | L2-I3 | $5,864 |
| Insurance* | LIXI 2 Insurance and Electronic Guidebook. | For organisations involved in mortgage or title insurance, whose Use of the Subject Software in this Category is between 100 and 500 Transactions per month. | L2-I2 | $1,963 |
| Insurance* | LIXI 2 Insurance and Electronic Guidebook. | For organisations involved in mortgage or title insurance, whose Use of the Subject Software in this Category is up to 100 Transactions per month. | L2-I1 | $655 |
| Credit Decision | LIXI 2 Credit Decision | For organisations involved in loan credit decisioning, whose Use of the Subject Software in this Category is between 500 and xxx Transactions per month. | L2-CDA3 | $5,864 |
| Credit Decision | LIXI 2 Credit Decision | For organisations involved in loan credit decisioning, whose Use of the Subject Software in this Category is between 100 and 500 Transactions per month. | L2-CDA2 | $1,963 |
| Credit Decision | LIXI 2 Credit Decision | For organisations involved in loan credit decisioning, whose Use of the Subject Software in this Category is up to 100 Transactions per month. | L2-CDA1 | $655 |
| Documents & Settlements | LIXI 2 Documents & Settlements and Electronic Guidebook. | For organisations involved in loan document preparations and settlements, whose Use of the Subject Software in this Category is between 500 and xxx Transactions per month. | L2-DAS3 | $6,114 |
| Documents & Settlements | LIXI 2 Documents & Settlements and Electronic Guidebook. | For organisations involved in loan documents preparations and settlements, whose Use of the Subject Software in this Category is between 100 and 500 Transactions per month. | L2-DAS2 | $2,191 |
| Documents & Settlements | LIXI 2 Documents & Settlements and Electronic Guidebook. | For organisations involved in loan documents preparations and settlements, whose Use of the Subject Software in this Category is up to 100 Transactions per month. | L2-DAS1 | $879 |
| Equipment Finance** | LIXI 2 Equipment Finance and Electronic Guidebook. | For organisations involved in Equipment Finance and settlements, whose Use of the Subject Software in this Category is up to xxx Transactions per month. | L2-E1 | $850 |
| LIXI CAL 1-BASED STANDARDS PACKAGES | ||||
| Category | Standards Package | Licence Description | Class | Fee |
| Comprehensive | All LIXI CAL 1 Standards | For organisations whose Use of the Subject Software (across all transactions) exceeds 1500 Transactions per month. | C1 | $11,781 |
| Comprehensive | All LIXI CAL 1 Standards | For organisations whose Use of the Subject Software (across all transactions) is between 300 and 1500 Transactions per month. | C2 | $5,864 |
| Comprehensive | All LIXI CAL 1 Standards | For organisations whose Use of the Subject Software (across all transactions) is up to 300 Transactions per month. | C3 | $1,963 |
| Origination | Application, Commissions, Products | For organisations involved in the origination of loans, whose Use of the Subject Software in this Category exceeds 500 Transactions per month. | O1 | $5,864 |
| Origination | Application, Commissions, Products | For organisations involved in the origination of loans, whose Use of the Subject Software in this Category is between 100 and 500 Transactions per month. | O2 | $1,963 |
| Origination | Application, Commissions, Products | For organisations involved in the origination of loans, whose Use of the Subject Software in this Category is up to 100 Transactions per month. | O3 | $655 |
| Valuations | Valuations | For organisations involved in valuation, whose Use of the Subject Software in this Category exceeds 500 Transactions per month. | V1 | $5,864 |
| Valuations | Valuations | For organisations involved in valuation, whose Use of the Subject Software in this Category is between 100 and 500 Transactions per month. | V2 | $1,963 |
| Valuations | Valuations | For organisations involved in valuation, whose Use of the Subject Software in this Category is up to 100 Transactions per month. | V3 | $655 |
| Settlements | Settlement Instruction | For organisations involved in loan settlements, whose Use of the Subject Software in this Category exceeds 500 Transactions per month. | S1 | $5,864 |
| Settlements | Settlement Instruction | For organisations involved in loan settlements, whose Use of the Subject Software in this Category is between 100 and 500 Transactions per month. | S2 | $1,963 |
| Settlements | Settlement Instruction | For organisations involved in loan settlements, whose Use of the Subject Software in this Category is up to 100 Transactions per month. | S3 | $655 |
| Insurance | Mortgage & Title Insurance | For organisations involved in mortgage or title insurance, settlements, whose Use of the Subject Software in this Category exceeds 500 Transactions per month. | I1 | $5,864 |
| Insurance | Mortgage & Title Insurance | For organisations involved in mortgage or title insurance, whose Use of the Subject Software in this Category is between 100 and 500 Transactions per month. | I2 | $1,963 |
| Insurance | Mortgage & Title Insurance | For organisations involved in mortgage or title insurance, whose Use of the Subject Software in this Category is up to 100 Transactions per month. | I3 | $655 |
Definitions
Use of Subject Software means use of Subject Software by the organisation or by clients of the organisation to create, send or receive messages based on LIXI standards, or to view or process data files based on LIXI standards.
Subject Software means software owned or used by the Licensee that incorporates and uses all or part of a LIXI Standard or Licensee Schema.
A Transaction means the set of LIXI messages associated with a single business process or transaction. For example, for a mortgage application this includes the first application, all related status update messages and any resubmission to the same lender for the same application. For a valuation this includes the valuation request and the response for a single property valuation transaction.
* Future enhancements to CAL 2 are marked with an "*".
** Transaction grouping levels to determine licence class and value is still under discussion with industry participants.
Last updated: 1 December 2016
