LocalTapiola is one of Finland’s leading customer-owned financial and insurance groups, serving approximately 1,8 million clients across the country. Its offering spans property, life, and pension insurance as well as savings, investment, and asset management services.
LocalTapiola was founded in 2013 when Lähivakuutus and Tapiola merged and created a financial and insurance group making it one of the largest players in the Finnish market.
Why Crosskey
Today, just as twenty years ago, reliable, secure, scalable and compliant access to the Swift network is vital to LocalTapiola Asset Management’s operations. A twenty-year partnership that has continued to deliver long-term value, stability and shared progress as volumes have increased and business needs have evolved.
Key components of the solution
- Managed Swift infrastructure, including hosting, monitoring, and continuous platform updates.
- CSP compliance support, ensuring LocalTapiola meets all Swift security mandates
- ISO 20022-ready operations, with a smooth migration plan executed jointly.
- Expert assistance for applications, systems and communication.
The result
Choosing a Swift Service Bureau allowed LocalTapiola Asset Management to streamline their operations by avoiding the complexity and cost of maintaining an inhouse Swift infrastructure. Instead of investing in hardware, specialized expertise, and ongoing maintenance, they gained a setup that is easier, cheaper, and faster, both in onboarding and in daily use.
“Our partnership with Crosskey’s Service Bureau has been a key factor in this transformation. With Crosskey managing all aspects of Swift connectivity and operations, we’ve been able to focus fully on our core asset management activities and serving our clients. Their reliability and expertise mean we can trust that our Swift environment is always running smoothly, secure, and up to date, freeing our internal teams from technical administration and operational risk.” Tero Saarinen, Service Director, LocalTapiola Asset Management LTD
The collaboration has not only resulted in improved efficiency but also strengthened the stability of LocalTapiola Asset Management’s financial messaging processes, enabling them to deliver better service to the customers.
