Finastra Associate Software Engineer reviews

4.0

74% would recommend to a friend

(136 total reviews)
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Chris Walters

100% approve of CEO

65% positive business outlook

Associate Software Engineer Developer employees have rated Finastra with 4.0 out of 5 stars, based on 136 company reviews on Glassdoor. This indicates that most Associate Software Engineer Developer professionals have a good working experience there. Finastra is rated in line with the average (within 1 standard deviation) by Associate Software Engineer Developer professionals compared to other employers within the Financial Services industry (3.7 stars).

Reviews by job title

136 reviews
2.0
Apr 13, 2021
Recommend
CEO approval
Business Outlook

Pros

If you are a part of a good team or Loan Iq , I can safely say that this is a decent organization to work. Please avoid retail banking projects at all cost. Pay used to be okaish but after Covid situation , they are cutting off hikes regularly. Office is situated in Bagmane Constellation Business park which is a nice work place. They provide insurance , free snacks , annual event and other activities to keep employees happy , but they are practically useless if people are burdened with work all the time.

Cons

I joined this company as a fresher , they promised 8 LPA package and a week before joining , they suddenly reduced the package to 7.2 LPA without any proper reason. Some people who were hired with us shared their interview experience and my interview was way tougher than thier's. and we had same package. They randomly decide whether you will be in retail banking or Loan Iq team. I got into retail banking and trust me , retail banking is cesspool of bad management , focused towards internal framework and an absolute toxic workplace. Too many incompetent managers bundled into single modules , having unrealistic expectations. Senior developers who are working here for more than 8-9 years, keep making blunders all the time and nobody questions them and associates who make one small mistake based on lack product knowledge are slaughtered. And after this pandemic situation , i am close to 19 months in this organization and my ctc is still not 8 LPA. They keep saying that "Finstarters" are not eligible for appraisals. I mean , then why are we made to do more work than those incompetent seniors who treat this like a government job. I hope people get the point how toxic this place is.

2.0
Apr 7, 2021
Recommend
CEO approval
Business Outlook

Pros

good pay for fresh graduates. laptop and equipments are good.

Cons

too much workload. the expectation is high. managers micromanage and assess the time to be spent on a task based on their understanding of the issues (mind you they have 10+ yrs of experience). no work-life balance. pre-approved OTs so basically the extra time you spend on an underestimated project is unpaid. would resign immediately if it weren't for the BOND.

4.0
Mar 31, 2021
Recommend
CEO approval
Business Outlook

Pros

- Good management - Better benefits compared to other companies - Reasonable salary given that they have better benefits than others

Cons

- Lower salary compared to other companies but this is leveraged by other compensation and benefits

Viewing 85 - 87 of 136 Reviews

Glassdoor has 3,481 Finastra reviews submitted anonymously by Finastra employees. Read employee reviews and ratings on Glassdoor to decide if Finastra is right for you.