Since 2003 Matthews has worked with Dutch pianist and composer Egbert Derix. They met when Matthews, a jazz fan, came to a concert of Derix's Searing Quartet in Cambrinus (Horst, The Netherlands). Matthews asked Derix to join him in his 2003 tour of his 1970 album "If You Saw Thro' My Eyes". They played a series of concerts with Eric Coenen (bass), Arthur Lijten (drums) and Ad Vanderveen (guitar). After the tour Matthews and Derix started writing together, resulting in the 2008 album "Joy Mining" Matthews & Derix started their own label: MatriX. In 2012, the Iain Matthews/Egbert Derix album "In the Now" was released by Verve Records. "Joy Mining" and "In the Now" had separate releases in the United Kingdom and United States.