Lower cost of managing change
The benefits of LIXI 2.0 to the industry include:
Greater data consistency & quality
Lower cost of implementation
Lower cost of managing change
Direct control on business rule changes
The benefits of LIXI 2.0 to the industry include:
Greater data consistency & quality
Lower cost of implementation
Lower cost of managing change
Direct control on business rule changes
LIXI 2.0 is the next generation of lending industry standards
Designed using the experience gained over ten years of operation of the original standards suite, the new LIXI 2.0 standards package has a wider applicability across the lending chain and includes the following key components:
Data definitions collection
Defines every item of information that is exchanged within the LIXI 2.0 message standard and contains over 2000 definitions.
Standards package schema
Comprising all component data segments utilised in loan process, along with work instructions for the message recipient.
Electronic guidebook schema
Allowing automation of data fields, business rules and print document templates under the control of the intended message recipient.
LIXI CAL 2.0 to CAL 1.x compatibility
As compose is built upon the LIXI CAL 2.0 standard, CAL 2.0 data is collected by the point of sale end user.
Even if your internal systems are not, as yet, CAL 2.0 compliant, part of the Simpology service proposition is a managed XSL transformation gateway from CAL 2.0 to CAL 1.x which remains active until no longer necessary.
LIXI CAL 2.0 to CAL 1.x compatibility
As compose is built upon the LIXI CAL 2.0 standard, CAL 2.0 data is collected by the point of sale end user.
Even if your internal systems are not, as yet, CAL 2.0 compliant, part of the Simpology service proposition is a managed XSL transformation gateway from CAL 2.0 to CAL 1.x which remains active until no longer necessary.
Interested in accelerating your business today?
Take the first step.
Comply with just one industry standard
Ease the lending process by getting all your partners to speak LIXI, the new language of lending rather than keep meeting different needs of multiple parties.
Compose enhances the creation of approval ready applications, ensuring effective, accurate and fast communication across the lending process regardless of the parties involved in.
