The Securities Services Advisory Group (TSSAG), headquartered in the UK, has been formed as a member-based trade association, effective today.
The group describes itself as a “network of independent firms around the world, distinguished in their areas of practice, deep knowledge and proven local and global expertise in the Securities Services Industry,” boasting a wide and diverse scope of intellectual and practical skills are held by TSSAG members, covering Investor, Issuer, Fund and Capital Market Infrastructure Services, in addition to Recruitment, Analytics and Benchmarking.
The founding member firms and Board are: Adapa Advisory (UK / South Africa), AlfaSec Advisors (Singapore), Araliya Management Consulting (Romania), HornbyChapman (UK), Pivot Consultants (Cyprus), Pivot Consulting (India), PDH Consult (UK), Soterium (Canada), and The Value Exchange (Canada).
TSSAG says its objective is to link professionals from different lines of knowledge based around the world, creating a forum for regular interaction and dialogue, to share ideas and build opportunities for member firms, and will work as a single voice within the industry, offering strategic direction, thought leadership, and contributing to the enhancement, reputation and quality of services in the industry. The group aims to support the initiatives and growth of the $100 trillion+ Securities Services Industry.
“TSSAG aims to be the ‘go-to-body’ of deeply experienced Securities Services experts who share a common goal: bringing value to its Members, Clients and the Industry,” Viraj Kulkarni, CEO TSSAG. “Unconstrained by geographic boundaries, by combining multiple core service areas and differentiating attributes, TSSAG Members will help create synergies, best practices and alliances for the benefit of the Securities Services industry and their clients,” he said.
Kulkarni added that the group brings together market accomplished expertise that clients can easily access through a member firm, “creating linkages to both expertise and a global footprint worldwide.