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30–35% AWS Cost Optimization for a Leading BFSI Firm Using FinOps-Driven Managed Services

About Client
BFSI Organization
Industry
Financial Services
Service
Cloud

About the Client

The customer is a leading BFSI organization in India, operating large-scale financial workloads on AWS. The environment spans multiple AWS accounts and supports applications with strict security, availability, and regulatory compliance requirements.

Business Challenge

As the customer’s AWS footprint expanded, cloud costs began exceeding approved budgets. Despite stable workloads, spend continued to rise due to:

  • Over-provisioned compute and storage resources.
  • Idle and unused AWS services across multiple accounts.
  • Limited visibility into application- and department-level costs.
  • Lack of structured FinOps governance and proactive controls.

The customer engaged us under our AWS Managed Services to take ownership of cost optimization while ensuring zero disruption to business-critical BFSI workloads.

Business Challenge

As part of NuSummit’s managed services support, our dedicated FinOps team performed a deep, multi-account cost assessment and embedded continuous cost optimization into daily operations. These included:

Near-Term Optimization (Immediate Savings)

  • Identified and eliminated unused and idle resources, including EC2 instances, load balancers, orphaned EBS volumes, outdated snapshots, and AMIs.
  • Cleaned up unused backups and legacy services.
  • Delivered quick cost savings without impacting production systems.

Mid-Term Optimization (Right-Sizing)

  • Right-sized non-production environments (Dev, UAT, SIT) based on actual utilization.
  • Analyzed production workloads using CPU, memory, disk, and network patterns.
  • Right-sized underutilized production instances while maintaining performance and SLAs.

Long-Term Optimization (Sustained Savings)

  • Recommended and implemented AWS Savings Plans and Reserved Instances post right-sizing.
  • Proposed modernization approaches to reduce EC2 dependency, including:
    • Adoption of AWS Elastic Beanstalk for managed application hosting.
    • Migration to AMD and Graviton-based instances.
    • Increased use of serverless services such as AWS Lambda and Amazon S3.
    • Leveraging Spot Instances for eligible workloads.

Continuous Cost Governance and 24×7 Operations

Cost optimization was embedded into our day-to-day managed services operations:

  • Enabled AWS cost allocation tags for application- and department-level visibility.
  • Configured AWS Budgets and budget alerts for proactive spend control.
  • Delivered monthly and quarterly FinOps reports with actionable recommendations.
  • Provided continuous monitoring and optimization under 24×7 managed support.

Business Impact

Through NuSummit’s FinOps-driven AWS Managed Services, the BFSI organization achieved:

  • 30–35% reduction in AWS cloud spend.
  • Improved cost transparency and governance across teams.
  • Proactive budget control and reduced spend overruns.
  • Optimized infrastructure without compromising security or availability.

Outcome

By partnering with NuSummit for AWS Managed Services, the BFSI customer transformed cloud cost management from a reactive exercise into a continuous, governed FinOps practice.

Today, the organization benefits from sustained cost savings, full visibility into AWS spend, and ongoing optimization, while our 24×7 managed services team ensures financial efficiency, operational stability, and compliance at scale.

Disclaimer: This content was created by NSEIT experts. NSEIT’s technology business is now NuSummit.

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