Under mounting regulatory and cost pressures, this bank leveraged MagicOrange to implement a usage-based cost allocation model that distinguishes recoverable from non-recoverable IT spend. By applying FinOps principles, the bank improved VAT recovery by €1.5M and identified €5M in anticipated infrastructure savings. This unified financial view fosters transparency, audit readiness, and ongoing optimization across applications, business units, and hybrid environments.
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Major European Bank Optimizes IT Spend and VAT Recovery Case Study
Download the full case study to see how MagicOrange enabled a leading European bank to enhance VAT precision, reduce IT costs, and accelerate FinOps maturity.
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