Welcome to the 26th CONKERS’ CORNER recorded on the 5th August 2016. In this interview I have the pleasure of speaking with @NewchangeFX Andy Woolmer the CEO and founder of the groundbreaking financial technology company New Change FX (NCFX), which provides an independent live streaming mid-rate for foreign exchange.

Andy grew up in Gloucestershire and went onto King’s College London where he studied French and German. It was during his studies that Andy first gained an interest in investing and FX. He first began investing with a long-term view by making investments into funds for his pension in the 1990’s. He has always been a conservative investor and continues to be so.
He began his career in FX at Kleinwort Benson in 1994 as a spot desk assistant. He was part of the company’s rotation scheme which led to him spending time on various desks in the Treasury department. Andy had a successful five years at Kleinwort Benson as a Foreign Exchange dealer before moving to Citibank as VP for Foreign Exchange.

He enjoyed this role for two years before moving to Prudential Financial in 2000 where he took the role of Director of Currency Products. After a further successful period at Prudential, Andy went to work for SEB Asset Management as a Portfolio Manager for the SEB Multi-Manager Currency Funds. In 2012, Andy decided to branch out on his own and that was when he founded New Change FX http://www.newchangefx.com/ , which enables you to measure your FX costs accurately by gathering data directly from the Institutional FX markets.
Now with over twenty years experience in the FX industry, Andy is a leading expert in transaction cost analysis. He has also been a key advisor for various global regulatory bodies over the development of independent foreign exchange benchmarks. NCFX’s clients include some of the world’s largest pension funds, asset managers and banks.

Listen now to gain insights into how Andy invests and learn from the lessons in his successful and insightful FX journey.

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