NEX Regulatory Reporting is a leading transaction reporting provider with proven solutions across multiple regulatory regimes.
Financial services firms are experiencing an increased reporting burden
New regulation and directives are increasing complexity and reporting challenges at different points in a trade’s lifecycle, across transaction and transparency reporting.
In order to offer their clients a comprehensive reporting solution that not only handles today’s reporting challenges but also prepares clients for whatever is around the corner, NEX Regulatory Reporting embarked on a major re-design of their platform in collaboration with Scott Logic. The project aim was a complete re-imagination of NEX’s existing reporting service, introducing a next-generation user interface with the ability to take data from any source system and make it reporting-ready.
Scott Logic have helped us explore the art of the possible... it's not only intuitive, but a pleasure to use.
Chris Thompson, Product Director, NEX Regulatory Reporting
Partners in regtech
Our UX consultants began by running a series of design workshops with the NEX operations and product teams to better understand their business goals, existing systems and user needs. We rapidly worked through a series of solutions, using low-fidelity methods such as sketching and wireframes. Early feedback ensured that delivery matched expectations, as well as meeting user needs.
More detailed screen-by-screen wireframes, mock-ups, and eventually a high-fidelity clickable prototype were produced in close collaboration with the NEX product owners and in-house IT team. Through regular feedback and visible progress, the application was rapidly shaped.