Deaglo appoints FX industry veteran Paul Stafford as Head of Advisory

Cross-boarder advisory firm, Deaglo, announced that FX industry expert Paul Stafford has joined the company as Partner and Head of Advisory. At his new position Stafford will work on developing optimal hedging solutions for clients and creating new tools for risk management, modelling and data analysis.

Stafford has worked in the advisory field since 2012. He founded his own consultancy, Currency Risk Management, after a career of 18 years in engineering. Stafford has also been published in industry publications on topics such as cash flow hedging, portfolio hedge optimization and illiquid FX proxy hedging.

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Ashley Groves, CEO / Founder of Deaglo, said:

Ashley Groves

Due to the strong interest from clients for our consulting offering, demand for which has increased rapidly given the unprecedented FX market volatility of late, it was important we brought on board an expert to focus on this. Paul is highly respected in the FX industry and we’re very pleased he’s joined to help steer clients through these uncertain times and assist us in the continued development of innovative FX risk management solutions.

In his engineering and programming experience, Stafford worked at NASA’s Space Sciences Division and Hewlett-Packard’s Microwave Instrument Division. This experience enabled him to create innovative solutions in the FX space at a high level. Stafford holds two US patents, a MS in Engineering from Stanford University and a BS in Engineering Science from UC Berkeley.

Paul Stafford commented:

Ashley and the Deaglo team are laser focused on innovation and education within FX risk management, which is what really attracted me to the business. The group has extensive experience in the private capital and institutional investment space and I’m excited to be able to apply my programming and machine learning expertise to improving firms’ cross-border dealmaking. CFOs and their finance teams in many cases are still unaware of the hedging options they have available to them, and I’m looking forward to changing that through tailored advisory services.

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