Mortgage standards firm elects new CEO

The not-for-profit hopes the new hire will continue to develop more efficient mortgage processing across the industry

Mortgage standards firm elects new CEO



Independent lending standards body LIXI has announced the appointment of a new chief executive officer Shane Rigby, effective from yesterday (20 June).

Rigby moves into the position from his role as chief technology officer which he took up in July 2015 after holding a number of technology and banking roles.

LIXI is a member-based not-for-profit company which establishes data message transaction standards for the lending industry. It also helps to promote efficient, flexible and scalable mortgage processing methods.

“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. LIXI is ideally situated to help drive efficiencies across the lending industry and further promote the democratisation of the lending data standards,” he said.

“The value LIXI brings to the table, whilst underpinned by technology, is around the business capabilities that an industry standard provides. LIXI will continue to make it easier, faster, and more efficient to manage the data that is exchanged, whether it be driven by regulatory changes or business opportunities.”

LIXI chair Lisa Claes said Rigby had demonstrated a passion for delivering business value via 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. 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.”

Rigby noted that 15 years of collaboration across the lending industry had allowed LIXI to build a base for innovation that was unrivalled.

“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.”

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