The inaugural LIXI forum a resounding success for Stargate

on Monday, 29 October 2007. Posted in News

The inaugural LIXI e-commerce standards forum, proudly sponsored by Stargate Group, proved to be a very successful event for both the industry and Stargate itself.

Over 220 Lender Industry XML Initiative (LIXI) Members and Licensees attended the forum, held on Tuesday, 23 October at the Westin Hotel in Sydney, participating in in-depth discussions focusing on the future of the paperless home loan application.

A leader in electronic application processes, Stargate Group was able to use its experience in the industry to facilitate discussions, including "The benefits of efficient lending practices: The lender's perspective," in which CEO Brett Spencer chaired. In guiding discussion in order to get to the real issues surrounding lenders and electronic submission, Spencer asserted that the forum was a tremendous success, both for Stargate Group and the industry.

Management at Stargate also remarked that the Lender Industry XML Initiative is something Stargate Group is happy to support as the Group can see its relevance to the industry moving into the future. As such, Stargate Group was proud to act as a supporting sponsor of the event.

The forum was very beneficial from a business development perspective, where a number of new leads were generated, and discussion also allowed for Stargate Group to continue to evaluate and anticipate trends in the industry.

Many Stargate staff were in attendance to showcase the company’s various lender and broker solutions, including WorldOriginate, Symmetry, Starworks application and post-settlement servicing, and smartVAL. Staff were able to demonstrate the innovative ways in which the lender and broker platforms reduce risk and increase profitability for businesses both big and small.

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