Treasury Services Group is a co-founder of TSG Technology, while progressing a proposed new Australian bank and continuing to support outstanding independent investment managers.
What We Do
Treasury Services Group provides outstanding independent investment managers with our custom-built product establishment, licensing, trustee and administration services while we progress our proposed new Australian bank.
TSG Technology, which we co-founded, delivers financial technology with better products, lower cost and trusted local expertise. Discover more at www.tsgtechnology.com.au
Treasury Services Group is passionate about a strong culture of transparency, integrity and accountability.
Who We Are
Phil Delmenico
Managing Director
Phil is the Responsible Manager of Treasury Services Group's Australian Financial Services Licence (AFSL) and Australian Credit Licence (ACL). These licences have been granted based on Phil's extensive experience in the financial sector across a wide range of financial products.
Phil founded Treasury Services Group in 2007. In the early years at Treasury Services Group, Phil performed a variety of roles providing financial, investment and funding advice for Western Australian companies and State government bodies. Phil subsequently concentrated on building the Treasury Services Group infrastructure, comprising product creation, placement-agent, regulatory, operational and administration capabilities. Since 2013, Phil has launched a number of independent investment managers' unique products in Western Australia utilising the Treasury Services Group infrastructure. In 2016, Phil commenced the process to establish a unique Australian bank. In 2026, Phil co-founded TSG Technology to deliver financial services technology as the product domain expert.
Phil was previously Head of Treasury Management (WA) for six years at National Australia Bank until 2006. In this role, Phil was responsible for the performance of a team distributing interest rate derivatives, foreign exchange products, commodities risk management products and standard and structured investment products across institutional, corporate, business, private banking, agribusiness divisions and the Bank of New Zealand division in Western Australia.
Phil had previous roles with Western Australian Treasury Corporation as a financial analyst and portfolio manager, treasury consulting and investment banking in London. He holds a Bachelor of Commerce (double majors in Accounting and Finance) and Bachelor of Economics (double majors in Economics and Japanese language) from the University of Western Australia.