TSSAG - The Securities Services Advisory Group

Membership Application

TSSAG Membership

Become a Member

TSSAG members comprise a diverse selection of independent providers to the Securities Services industry whose collective aim is to support, enhance and promote the Securities Services industry. TSSAG acts as a single voice of this community

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.

Membership Eligibility Requirements

Every member firm will have one vote. New Member Institutions are able to join if they are sponsored by two existing member firms. A vote at a meeting will be taken to accept the new member where at least 60% of the existing members should agree to the new member joining. Firms requesting membership should be able to demonstrate the following qualities listed.
While there are no formal entry requirements, the entry criteria to be evaluated by those sponsor firms will cover the entry criteria listed below
  • Reputable name in the City/ Country/Region
  • Have expertise in the areas in scope for the Group as listed in About us Section, above
  • Individuals with a proven track record as a recognised expert gained from practical employment in the industry
  • Individuals who demonstrate professionalism and high degree of integrity
  • Member of qualified Associations (local and International), Professional License to practice as applicable
  • No previous disciplinary Action/ Lawsuits
  • Awards and honours (preferable)
  • High quality services

Membership Benefits

  • Member of an international multi-practice network
  • Service international clients
  • Access to other geographical markets
  • Referral work (intra-country/intra-region and intra-network)
  • Sharing of knowledge and insights
  • Access to global resources
  • Participation in international projects (private and public)
  • Access to TSSAG international periodicals/newsletters
  • Access to TSSAG website and marketing team
  • Participation in TSSAG workgroups
  • Participation in global and regional networking conferences and events

Membership Obligation

The membership agrees to support each other in every way possible to enable Client Mandates to be executed effectively and efficiently. In doing so the membership commits to the following:
  • Foster collaboration through regular meetings to discuss opportunities and share eligible information amongst the membership
  • Wherever possible to make reference to TSSAG in client events industry conferences and at relevant media exchanges
  • Membership will make all efforts to understand the specific skill sets of other Member firms so that they are able to promote the Membership skills where appropriate
  • Membership agrees that successful cross selling activities should be compensated, and this would be agreed on Member for Member and case for case basis
  • Membership agrees that all attempted and successful cross selling can be recorded by the TSSAG, subject to confidentiality. Membership agrees that each Member may display the name of other Member firms as part of any advertising either as the name of TSSAG or as the name of the Member Firm. In case the names of other Members are used, these members should be notified in advance
  • Membership will always agree to abide by a high level of integrity and confidentiality in any collaboration so that names of clients or sensitive projects remain subject to disclosure agreements
  • Member Firms that are deemed to have become a liability (adverse press, behaviour unbecoming to a professional organisation, corruption or assault) to TSSAG can be expelled by a vote of 60% of the Membership
  • It is not incumbent upon any membership of TSSAG to use the services of other membership of TSSAG
  • All discussions within the Membership of TSSAG remain confidential unless clearly designed and agreed for public consumption. If any Member/s come to a mutual arrangement, then a NDA is likely to be activated. However, this will be outside the purview of TSSAG
  • When a member firm posts items to social media, other firms in the association who agree with content will actively "Like" or proactively "comment" on the posting

TSSAG Membership Form

Membership is open to individual firms who can demonstrate credibility and expertise in securities services within the mandate of the TSSAG. Firms wishing to make an application will be referred to two existing member firms who will undertake the enrollment process. Annual membership payable in advance with one representative per firm able to vote at our regular meetings. Please provide the following details
As part of the qualification process for membership you need two member firms who will sponsor your application at the next meeting of the TSSAG membership. Do you have a preference to who those member firm should be? Please list them here. If not the Association will allocate sponsors to your membership accordingly.
By submitting this document you allow TSSAG to share you particulars amongst its membership and to allow sponsor firms to reach out to you to support your successful application for membership.
Founding Member of TSSAG

Board Member

Viraj’s rich work experience of 29 years included at 3 of the top 5 Global Custodians for over 12 years as Country Head of the Securities Services with Citi Bank (India and Switzerland), JP Morgan Chase and BNP Paribas (also on the ASPAC Management Board of BNP Paribas Securities Services). He has in-depth and diverse exposure to emerging and advanced capital markets. Viraj is the only Indian to be recognized for leadership in India, by Global Custodian in 2013, through APAC industry nomination. In May 2019, Viraj Kulkarni was recognized by Global Custodian, as amongst the Global 30 Securities Services Experts.
Viraj is a Director of PIVOT Consultants (Cyprus) Ltd. as well as an independent Director in Indian Corporates. Viraj has been on Industry committees in India and Switzerland and recognized as an expert on the NSE Academy’s Knowledge Hub. He is recognized for thought leadership and writes on Ease of doing business and regularly featured on the electronic media. He is a Fellow member of ICSI.

Viraj Kulkarni

Founder and CEO, Pivot Management Consulting
India and Cyprus
Linkedin-in

Pivot Management Consulting

  • India and Cyprus
    428, Platinum Techno Park, 4th floor, Sector 30A, Vashi, Navi Mumbai Maharashtra, India, Pin/Zip Code: 400703
PIVOT Management Consulting (OPC) Ltd. provides advisory services in the Securities Services, Capital Market Infrastructure development, Broking, PE, Regulatory and FPI space in India and overseas. The Indian Company was founded by Viraj Kulkarni in 2015.
PIVOT is recognised in Advisory services as well as non – Advisory (Business re -engineering) Services space in India, Middle East, Europe. We are backed by over 115-man years of Global and Local Industry expertise. PIVOTs strategic alliances with PIVOT Consultants, Hornby Chapman, Soterium and Zi Asset Consulting provides value added global coverage.
PIVOT enables Business transformations through effective and comprehensive customised solutions, change management, innovative and implementable strategies, developing Eco-systems in Capital Markets, reducing Cost of Doing Business and improving market attractiveness.
Our clients are senior management at leading Capital Market Financial Institutions: Custodians, FPIs, PEs, Brokerages, Corporates and Market Infrastructure-Stock Exchanges (India/ Overseas), Clearing Houses. We are recognized for Market Advocacy, development of best practices, thought leadership.