NEX Optimisation, a provider of portfolio of cloud-hosted services across the transaction lifecycle, has unveiled NEX Reg, a freshly launched think tank focused on regulatory and market structure issues – the group will be headed by Kay Swinburne, who will be appointed as its chair, according to a group statement.

In her new role she will be working with senior leaders at NEX Group to help contribute to and publish regular white papers, whilst hosting events for the wider market to debate and illuminate key issues.

Join the iFX EXPO Asia and discover your gateway to the Asian Markets

The overall goal of NEX Reg will be to support NEX’s broader objective of fostering future thinking on a number of issues for the market. In particular, the think tank will identify emerging issues, as well as carefully examine the implications with market participants and regulators.

Regulatory Focus

Prior to joining NEX Reg as its Chair Ms. Swinburne was elected as a Conservative MEP for Wales in June 2009. She has also been appointed to the Economics and Monetary Affairs Committee in the European Parliament.

According to Jenny Knott, CEO of NEX Optimisation, in a statement on the launch and appointment of Swinburne: “The launch of NEX Reg, with Kay as Chair, is an important step for the NEX Group. Regulation has and will continue to play a critical role in the capital markets ecosystem and the accompanying compliance and technological issues are immense.”

“We are committed to playing a leading role in helping the market navigate these changes. NEX Reg will help to find ways for the industry to work together and will focus on finding solutions to the complex issues faced. I’m thrilled that Kay is joining this think tank and believe that her experience and passion for these issues will add significant value.”