LIXI appoints new CEO

Independent lending standards body LIXI  has announced the appointment of Dr Shane Rigby as its new chief executive officer.

Rigby (pictured) joined LIXI in July 2015 as chief technology officer after holding a series of technology and banking roles.

LIXI is an Australian, member-based not-for-profit company that develops data message transaction standards for the Australian mortgage processing industry and promotes improvements in efficiency in mortgage processing.

Founded in 2001, LIXI has developed and released standards for such transactions as mortgage applications, property valuations and broker commissions.

“As an independent body, LIXI is uniquely placed to foster a deeper sense of community and enable a greater level of participation in our collaborative efforts,” said Rigby. “LIXI is ideally situated to help drive efficiencies across the lending industry and further promote the democratisation of the lending data standards.

“Our new tools and standards will be key in allowing our members to adapt to deliver new business functionality, enable digital transformation and to compete in the API economy as well as making data more accessible to big data analysis tools. I look forward to deepening my engagement with the LIXI community and to deliver on LIXI’s strategic objectives.”

LIXI Chair Lisa Claes said Rigby had demonstrated a passion for delivering business value through the use of technology.

“His background in banking and technology has framed his vision for LIXI’s future in what is an exciting time for the lending industry,” she said. “The rate of change is unprecedented, both in terms of the technology environment and the business environment, and LIXI is proactively supporting this rapid development.”

LIXI Director Paul Lahiff praised Rigby’s delivery record at LIXI as CTO.

“Shane and the team have delivered significant innovation, providing a new toolset for standards management, making it possible to release two new standards and respond to hundreds of member-requested changes over the past six months,” he said.

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