EY’s whitepaper highlights how FinOps helps financial services firms control cloud costs, improve ROI, and enable scalable cloud adoption. With 87% of firms investing in cloud, overspending is common—57% of IT leaders exceeded budgets, and 30% of cloud spend is wasted. FinOps fosters collaboration across finance, IT, and engineering to drive cost optimization, governance, and accountability. EY’s approach—Inform, Optimize, Govern—empowers real-time cost visibility, proactive governance, and cultural alignment. Benefits include reduced costs, enhanced sustainability, compliance, and a more collaborative cloud management culture.

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