We've reached an inflection point - Anonymous employee Finastra Employee Review

5.0
Feb 22, 2019
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- Current executive management gets it. They understand that the days of monolithic software are gone and that in order to thrive, we need to pivot to where the market will be in 5 years. - We have a clear mission. We want to "unlock the potential of people and businesses by creating the #1 Open Platform for innovation in the world of financial services". This is no secret, in fact it's plastered all over our marketing materials. To me, having a stated, ambitious strategy like this elevates the level of conversation across the org from tactical to strategic. - To elaborate on the previous statement, this isn't simply great marketing (although our Marketing is world class). The platform exists, i've seen it and it's beyond slick. - As much as some reviewers seem to think that management is tyrannical and that there are no advancement opportunities, that is simply a false statement. I've been here for 4 years and have been promoted 4 times, simply because I ask for more work. There is so much to be done right now, that if you ask for opportunity and provide the skill/talent to deliver on it, you will get it. - There has been positive momentum in the quality of candidates being hired. My team has brought on 5-6 people that are frankly excellent.

Cons

- There is still some incumbent staff from both legacy companies that feel entitled in their roles, simply because they have been here a long time. DH/HFS/Misys were great companies at one point and nobody seeks to discredit that. The pace of technological innovation in this space requires a FinTech's employee base to be at constant level of discomfort. If you are not willing to keep up with the change, then its perhaps time that you seek a different industry. - Mergers suck. Everyone knows that. Systems, departmental integration, layoffs, etc. those are minor inconveniences relative to the grand strategy/vision. If you want to operate in a world where your job/environment doesn't change and you are simply cranking out the same lame tech year after year, go join FIS/Fiserv/JH. - I've seen people complain about jobs being shipped to India. This is a global company that operates under global economic environment. If you and your job become a commodity, then not only should we outsource it to cheaper labor markets, it's the right thing to do for both America and the world. By doing so, we force american laborers to produce more value to a point where its impractical to go anywhere else.

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Pros

Amazing management and leadership at the company

Cons

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Pros

Teams work together Encouraging managers Autonomy Great benefits Unlimited PTO is real Customers can be fun to work with

Cons

Constant process changes Requires adaptability Commission plan frequently changes Travel budgets frequently change Super fast paced High account base and no CSMs

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