Finago strengthens its preparedness in the financial management industry’s first security of supply exercise

In exceptional circumstances, one thing matters most. Reliability. That’s why preparing for disruptions is an ongoing task for us. Not a one-off project. This week, that meant taking part in the first national preparedness exercise for the financial management industry. 

Preparedness means ensuring reliability in everyday operations 

When the essentials of financial management run, organisations can focus on their core business, whatever the situation. That requires technology, processes, and collaboration that perform even in exceptional circumstances. 

To help ensure this, we participated in the TAHTO26 preparedness exercise organised by the Financial Management Pool in Finland’s National Emergency Supply Agency organisation. 

“At Finago, we have clear operating models for exceptional situations. The TAHTO26 preparedness exercise reinforced that they enable us to secure the continuity of critical functions and operations even during wider disruptions,” says Pasi Saine, Finago’s Head of Compliance and Risk Management. 

Preparedness within the industry is built together 

The TAHTO26 exercise was the first of its kind in the financial management industry. Its goal was clear: to strengthen the industry’s overall preparedness and ensure the continuity of critical processes in situations where the normal operating environment is disrupted. 

Another key aim of the exercise was to strengthen cooperation between industry players. Through closer collaboration, we can better safeguard the continuity of services when disruptions have wide-ranging effects. 

Preparedness is continuous work 

Exercises are an important part of preparedness. Most of the work, however, happens every day: developing operating models, testing capabilities, and ensuring continuity. 

So that financial management continues to function even when little else is certain.