Finnish IT giant opens up its AI: "Nobody wants vendor lock-in"

Finago, a Finnish financial management software company, is opening up its AI so that customers decide how their own data is used on its platform. The company's chief executive says the aim is to win customer trust by giving clients that control, rather than tying them to a single vendor. The headline quote sums up the stance: "Nobody wants vendor lock-in."

The source text available is only a short introduction, so details such as the specific tools, integrations, partners, timelines or pricing are not known. What it does say is that companies are unlikely to start widely "vibe coding" their own financial management systems themselves, meaning building them with AI-assisted coding. That sets the context for Finago's approach: customers are expected to keep relying on a established financial management platform, but they want freedom over how their data is handled and which AI is applied to it.

This matters because financial management systems hold sensitive business data, and trust and portability are central concerns when AI is added to them. Finago's strategy is to treat openness and customer choice as a competitive advantage in the Nordic market, not to build a closed ecosystem around its own AI.