The Growing Importance of FinOps at Financial Institutions
- Date:December 26, 2024
- Author(s):
- Matthew Gaughan
- Report Details: 9 pages, 2 graphics
- Research Topic(s):
- Tech & Infrastructure
- PAID CONTENT
Overview
As financial institutions increasingly embrace the power of technology and remake themselves through cloud computing and the harnessing of artificial intelligence, FinOps teams step to the fore. FinOps align the many relationships between banks and their tech partners, seeking a harmonious convergence that puts financial institutions in a position to better leverage technological solutions and create enhanced experiences for their customers.
This Javelin Strategy & Research report looks at the increasingly prominent role FinOps teams are playing in bank operations, considers successful implementations, and advises financial institutions on what they should consider as they build FinOps structures.
Companies Mentioned:
Amazon Web Services (AWS), Capital One, FinOps Foundation, NVIDIA
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