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Agenda

8.30 am
Registration opens
Registration for LIXI Director Voting
9.00 am
Forum open and welcome
John Hearne, Chairman, LIXI
Andrew Stabback, Director, InAssociation
THE LENDING INDUSTRY IN AN E-WORLD
9.05 am

Opening presentation
The Australian banking and mortgage market: Change will be the norm

  • What are the implications of the global liquidity crisis for the Australian mortgage industry?
  • What are the other drivers of change in the industry?
  • What will be the future industry differentiators?
  • What will the mortgage industry look like in 3 - 5 years?

Wes Nason, Senior Equities Analyst, Citi Investment Research

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9.35 am

Presentation
The electronic mortgage - an international business perspective

  • Mortgage lending in the UK: An overview and key differences to Australia
  • Straight Through Processing - impact for three key stakeholders in the value chain: Intermediaries, lenders and land registry
  • Role of technology and industry standards in enabling change

Ian Coventry, Managing Director EDS Credit Services EMEA, EDS
Brought to you by Bronze Sponsor Westpac

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EFFICIENT PRACTICES FOR BROKERS, LENDERS AND VALUERS
10.05 am

Panel discussion
Electronic mortgage processing: The broker's view

  • Applying LIXI standards to day-to-day operations
  • Costs and benefits to brokers and their customers
  • Real results: What are the efficiency improvements so far?
  • Gaining a competitive edge: Working with technology and standards
  • Increasing industry uptake and acceptance
  • Taking part in the development of industry standards
  • Electronic commissions tracking and other desired benefits from LIXI standards
  • Using LIXI standards to expand the profitability of the broker channel
Chaired by Phil Naylor, Chief Executive Officer, MFAA
Panellists:
Graham Bennett, CEO, National Brokers Group
Alice Del Vecchio, Head of Mortgages, Aussie Group
Joanne Mather, Relationship Manager, Mortgage Choice
Joe Sirianni, Executive Director, Smartline
Robert Webber, Director, Manager IT Systems, PLAN Australia
10.55 am
Morning tea break
Close of LIXI Director Voting
11.15 am

Panel discussion
The benefits of efficient lending practices: The lender's perspective

  • Investing in the future - what not to do
  • What we are learning from offshore?
  • Dealing with legacy issues
  • What is the cost benefit to both lender and broker with better practices and standard take-up?
Chaired by Brett Spencer, CEO, Stargate Group
Panellists:
Terry Neve, Senior Manager, Consumer and Business Services, Westpac
Chris Carn, Head of Broker Sales, Pepper Home Loans
Ryan Fahy, General Manager, Retail Processes, Commonwealth Bank

Dean Gillespie, State Sales Manager, BankWest
11.45 am

Panel discussion
The valuation process going forward

  • Quality and completeness of the valuation process
  • Better procedures and support data
  • Enforcing the LIXI valuation standards
Chaired by Piers Cockram, CEO, ValuePRO
Panellists:
Frank Connon, General Manager, Valuation Management Services, Sandstone Technology
Glen Coonan, Managing Director, LMW Residential
Brendon Hulcombe, CEO, Herron Todd White

Greg Sugars, CEO, Opteon Valuers
12.30 pm

LIXI Annual General Meeting

  • Director Election
  • Financials
  • Q&A

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IMPLEMENTATION OF STANDARDS
1.30 pm

Presentation
Developing the data standard for the National Electronic Conveyancing System

  • The NECS concept
  • Lessons from overseas
  • The need for a National Data Standard
  • Why  LIXI works for us
  • How LIXI works for us
  • The current state of play

Simon Libbis, Executive Director, National Electronic Conveyancing Office
Ann Kinnear, Consultation Manager,
National Electronic Conveyancing Office

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2.00 pm

Presentation
Changing landscapes for mortgage origination: What is being implemented offshore?

  • A comparative look at mortgage origination today and 5 years ago: Players, processes, regulation, technology
  • Integration of new technology and standards from the UK into current Australian business
  • Paperless standards: A detailed look at full e-commerce efficiencies
  • Calculating the cost advantage: What does full e-commerce add up to when implemented?
  • The new deal for the broking community: Extending the adoption of LIXI standards
  • The value of standards and straight-through processes
  • The service delivery imperative and electronic processing - the customers perspective
  • Cutting out bottlenecks: What this means for valuers, brokers, settlement agents and title insurers

Dean Gillespie, State Sales Manager, BankWest

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LIXI TALKS BUSINESS AND TECHNICAL
2.30 pm

Presentation
LIXI progress update: 2007 achievements and 2008 projects

  • 2007 achievements: From Standards to Implementation
  • Working Group process: Refining the process of creating standards
  • Changes in 2007: Building a responsive organisation
  • 2008 projects: Business cases, standards, implementations
  • LIXI Toolkit - helping business and technical professionals

Socrates Vasiliadis, Chief Executive Officer, LIXI

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2.55 pm

Afternoon tea break

BREAKOUT SESSIONS: Choose from concurrent Business or Technical streams
Business stream
Chaired by Joe Sirianni, Executive Director, Smartline

Technical stream
Chaired by Barry Thomas , Technical Director, LIXI
3.10 pm

Presentation
The real value case for LIXI

  • Cost saving opportunities
  • Service differentiation aspects

Martin North, Managing Consulting Director and Executive General Manager, Fujitsu Australia

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3.10 pm

Presentation
You CAN have it all: LIXI Commissions done good, fast and cheap

It would be fair to say that for many LIXI members the LIXI standards are great in theory, but not as easy to leverage in the real world as they should be. This presentation will describe an approach to implementing the LIXI Commissions standard that will be rapidly deployable, highly cost effective and minimally disruptive to existing business processes.

Barry Thomas and Sarah Bond, Platform Strategy Manager, Microsoft will detail the potential for a reference implementation of the Commissions standard.

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3.25 pm

Interactive discussion
The importance of flexibility in a rapidly changing mortgage world

Business rules are changing. Does your business have the ability to change your business quickly? What will LIXI standards do to make change easier and quicker and less painful for your business?

This is a work-out session where leading industry figures discuss key business issues facing the mortgage sector. Discussion and questions will be invited from the audience.

Joe Sirianni, Executive Director, Smartline
Erik Fenna, Director of Market Service, NextGen.Net
Alice Del Vecchio, Head of Mortgages, Aussie Group

Greville Pabst, CEO, WBP Property Group

       
3.50 pm

Panel discussion
Potential application of LIXI standards to the securitisation market

  • Who benefits from the creation and application of data standards?
  • What issues do banks face when brining on a new securitisation client?Systems, data and interfaces
  • What are the hurdles in adopting standards?
  • Who are the key stakeholders?
  • Who is driving the need for data standardisation?
  • Following the liquidity crisis, what does new world look like and what are the implications with respect to reporting and data?

Chaired by Nick Procter, Senior Manager Business Development, Debt Markets, Perpetual
Panellists:
Claire Heaton, Associate Director, Fitch Ratings
Mary Ploughman, Director Securitisation, RESIMAC
John Sorrell, Head of Credit, BT Financial Group

Gary Sly, Director Securitisation, ANZ

3.50 pm

Presentation
Distributing LIXI data as a 'newscast'

Establishing point-to-point electronic connections is often necessary for privacy and security reasons but is relatively time-consuming and expensive. For data that needs to be broadcast to many recipients (such as product updates) it would be faster and cheaper to adopt a publish-and-subscribe mechanism. The same well-proven technology that already allows you to aggregate news from major online newspapers into a single reader application can just as easily be used to publish rich, LIXI-compliant loan data to large numbers of subscribers. This presentation will explain why you would want to establish LIXI data "newscasts" and describes how you would go about setting them up for your organisation.

The presentation will be based on work currently being completed in the LIXI/NICTA Visible Loans Project and will be presented by Barry Thomas and Dr. Liming Zhu, Researcher, NICTA

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CONCLUDING PLENARY SESSION
4.30 pm
Return to plenary room
4.35 pm

Interactive session
Blue sky discussion

This interactive session will involve the whole audience in some deliberately wild thinking. Participants will be invited to loosen their ties and enjoy the rush of blood to their heads as our panelists each take a turn to briefly outline a left-field idea that the audience can either expand on or shoot down in flames.

Topics from the audience included:

  • Reversal of the broker commission flow
  • "Standard" example short form
  • Elimination of supporting documents
  • 'Shareware' - eBay-type shared forum where would-be borrowers upload loan application and documents

Moderated by Erik Fenna, Director of Market Service, NextGen.Net
Victoria Jones, Consulting Business Analyst
Barry Thomas , Technical Director, LIXI
Jenny Kerswill, Operations Director, GMAC-RFC

Congratulations to Damien Percy of Adelaide Bank - winning the trip for two to Fiji kindly offered by PMI Mortgage Insurance, Outrigger on the Lagoon Fiji and Fiji Island Tours

5.20 pm

Closing remarks
Where to for LIXI in 2008?
John Hearne, Chairman, LIXI

5.30 pm

Close of Forum
Andrew Stabback, Director, InAssociation

Networking drinks function
Sponsored by
Commonwealth Bank

   

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