Finastra reviews

3.7

71% would recommend to a friend

(3,210 total reviews)
avatar

Chris Walters

70% approve of CEO

60% positive business outlook

Finastra has an employee rating of 3.7 out of 5 stars, based on 3,210 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Finastra employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

3K reviews
1.0
Apr 1, 2019

Slowly Sinking

Recommend
CEO approval
Business Outlook

Pros

Great colleagues, somewhat flexible work environment.

Cons

Upper management (and Vista) out of touch with logistics of the business. They keep pushing a square peg into a round hole and it's getting to be a disaster. Lots of turnover in the higher ranks, makes one nervous. So many jobs have been lost, hiring 4 to 1 India to US employees yet so much is getting missed. Personal pride and work ethic seem to be going out the door as hours increase and people are spread too thin. Unreasonable expectations, not just of people but of systems, lack of understanding with no attempt at trying. Keep trying the same wrong projects with the same impossible deadlines getting the same broken outcomes and more turnover. So much potential, yet this ship feels like it's sinking.

1.0
Oct 15, 2018
Recommend
CEO approval
Business Outlook

Pros

Not much, had the flexibility of lots of PTO (6 weeks) after being there for more than 10 years. Also worked at home because they eventually closed the office I was at for many years. Decent Insurance, but not the best.

Cons

I really don't even know where to start with this place, there are so many cons that its really hard to put to words. I was a long time EE for over 17 years, starting with one of the smaller companies that they purchased about 3 mergers ago. After 17.5 years I was told that I would be let go in a month. No explanation, no reason, just had to go. Had great reviews, working relationships with everyone and lots of work for 2 different Implementations and Development teams. I am not stupid, I know they are sending everything over to the office in India as I had 4 different people that I was helping and sending work over there for the last few years. They are really nice people, BUT know nothing and are really young and inexperienced. They struggle with even the simplest of tasks and need to have everything spelled out for them step by step or are helpless and do nothing. There is no possible way that Finastra will survive long term unless they completely STOP sending everything to India, they cannot and should not be expected to do the work of people that have 20yrs + of experience when they at most have 5 yrs. The worst thing is that we all know that the "SR. Leadership" knows this and they are really just positing themselves to sell again in a year or so. To add to all of this is the fact that their products have really been bad the last few years with all of this going on and the customers are not happy at all with anything. Implementations go bad because there is no training and no one in India knows anything (very few US people left and those that are left are overworked). Support is terrible because they have sent most of it to India, very little US support left. Development is an absolute joke as EVERYTHING is in India. There really is nothing left of this company, D+H basically destroyed a once profitable and respectable company that was Harland Financial Solutions and now Finastra is continuing down the same path. My advice to anyone that is looking to work there (Despite what is on their website, there are NO US jobs, they will not hire anyone in the US)(Lots of jobs in TRV India, but I would not recommend working there as you will be taking US jobs and be unable to perform them and be expected to replace someone with many years of experience)RUN!! My advice to anyone looking to do business with Finastra, dont even consider it, you will be sorry if you do! My advice to anyone located in any country that currently works there, leave before its too late and there is no severance money left, seriously, there is NO future there especially in the US, no matter what "SR. Management" tells you, they are just positing themselves to sell again and make a huge profit off of garbage!

1.0
Sep 23, 2019

No unity

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The paid time off is decent

Cons

Human Resources is padding the reviews on Glassdoor. Which means the 3.1 rating is way off. The real rating minus the padded reviews by HR is probably closer to 2.5 or lower. Having spoken with many employees the common theme here at Finastra is wait and see what happens next. Everyone is trying to do the best they can with what they have available to them. However, the cuts have run so deep and for so long with no end in sight. Many employees will leave the org before year end whether management is aware of that or not. The undercurrent in the org is dire and employees no longer wish to support Finastra or the vision.

Viewing 1 - 3 of 3,210 Reviews

Glassdoor has 3,476 Finastra reviews submitted anonymously by Finastra employees. Read employee reviews and ratings on Glassdoor to decide if Finastra is right for you.