NEX Abide

NEX is a leading financial transaction reporting provider. Enabling companies to process large volumes of trade data and deliver reports to regulators.

NEX is a leading financial transaction reporting provider. Enabling companies to process large volumes of trade data and deliver reports to regulators.

Senior UX Designer

ROLE

4 Months

DUration

Responsive Web

PLATFORMS

The challenge

New regulations and directives are increasing complexity and reporting challenges at different points in a trade's lifecycle, across transaction and transparency reporting. To offer their clients a comprehensive reporting solution that not only addresses today's reporting challenges but also prepares clients for future requirements, NEX Regulatory Reporting embarked on a major redesign of their platform.

The project aimed for a complete re-imagining of NEX's existing reporting service, introducing a next-generation user interface with the capability to take data from any source system and make it reporting-ready.

Discovery

The design process commenced with a series of design workshops involving the NEX operations and product teams to gain a better understanding of their business goals, existing systems, and user needs. Rapidly exploring a range of solutions using low-fidelity methods such as sketching and wireframes.

Upon completing the workshop, findings were distilled into requirements and prioritised accordingly. Once agreed, we assessed potential design directions, working through user flows, site maps, and low-fidelity design iterations.

Design & Iteration

As the design process advanced into higher fidelities, various approaches for displaying reporting performance were explored. The team examined different methods of data presentation. As this progressed into digital formats, they were reviewed by stakeholders and adapted as necessary. Some examples of design explorations can be seen below.

Validation

In close collaboration with the NEX product owners, more detailed screen-by-screen wireframes, mock-ups, and a high-fidelity clickable prototype were produced. Regular feedback sessions with both stakeholders and end users facilitated rapid shaping of the application for development.

Result

The development team of two worked closely with me to ensure that the application was produced iteratively and in compliance with specifications. As NEX had also recently rebranded from Abide Financial, the implementation had to guarantee uniform branding and compatibility of the reporting solution within the overall NEX Optimisation vision. A successful implementation was delivered, featuring a rich and intuitive user interface. The new reporting platform allows clients to comply with regulations while saving time and money.

Will Loveland 2024

Will Loveland 2024