Angle-resolved photoemission spectroscopy (ARPES) provides a detailed view of the renormalized band structure and, consequently, is a key to the self-energy and the single-particle Green's function. Here, we summarize the ARPES data accumulated over the whole Brillouin zone for the optimally doped Bi2Sr2CaCu2O8-delta into a parametric model of the Green's function, which we use for calculating the itinerant component of the dynamic spin susceptibility in absolute units with many-body effects taken into account. By comparison with inelastic neutron scattering (INS) data, we show that the itinerant component of the spin response can account for the integral intensity of the experimental INS spectrum. Taking into account the bilayer splitting, we explain the magnetic resonances in the acoustic (odd) and optic (even) INS channels.