Ep#16 Innovating FinOps Practices: A Partnership for Success with CME Group and Google Cloud

Join us on this episode of the FinOps NEXUS Podcast, live from FinOpsX, as we dive into the future of financial operations with Nicole Oskin, Director of FinOps at CME Group, and Eric Lam, Head of Cloud FinOps at Google Cloud. Discover how CME Group and Google Cloud are collaborating to transform FinOps practices through education, culture change, and cutting-edge technology.
Key Takeaways:
🔸CME Group and Google Cloud Partnership: Learn about the 10-year partnership and its impact on transforming the capital markets industry.
🔸Educational Rollout: Explore the strategies for educating developers and engineers about FinOps and cloud cost management.
🔸Cultural Change: Understand the challenges and approaches to shifting the mindset towards cost-awareness in a cloud-first world.
🔸Phased Implementation: Discover the phased approach to rolling out FinOps practices, starting with product managers and moving to developers.
🔸Executive Buy-In: The importance of securing executive support for successful FinOps implementation.
📅 Episode Timeline:
00:00 - Introduction to the FinOps NEXUS Podcast
00:21 - Nicole Oskin and Eric Lam introduction
00:33 - CME Group and Google Cloud partnership overview
01:38 - Changing developer and engineer mindsets at CME Group
03:23 - Educational rollout and cultural change
04:52 - Iterative approach to FinOps training
05:57 - Targeted training for different audiences
08:19 - Importance of executive buy-in
09:07 - Fun and interactive training methods
10:18 - Challenges in implementing FinOps
11:19 - Engaging and educating the right audience
13:27 - Phased approach to FinOps training
14:56 - Continuous training and cultural change
17:32 - The critical role of executive buy-in
19:45 - CME Group's next steps and partnership with Google Cloud
22:55 - Benchmarking and value understanding in FinOps
24:02 - Nicole's journey and perspective on FinOps
27:22 - Continuous journey and evolving FinOps practices
28:23 - Closing remarks and appreciation
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