Vendor Sheet

Control cloud costs: Implement FinOps to optimize financial services spending

Control cloud costs: Implement FinOps to optimize financial services spending

Pages 2 Pages

OpenText FinOps provides real-time visibility, optimization, and automated governance to reduce cloud waste—estimated at 28%—and improve financial predictability for financial services firms. Dashboards map spending to owners and business units, reducing costs by 15–25% and cutting waste up to 42%. Centralized optimization identifies idle or oversized resources, while smart rate strategies (reserved instances, savings plans) maximize ROI. Automated alerts enforce guardrails. GreenOps capabilities measure carbon impact to align cloud usage with sustainability goals. The platform extends beyond cloud to full IT financial management.

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