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
May 2, 2019

Buggy Software and Promises that Mean Nothing

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The money can be good. Salaries and Commissions are good when goals are met. Most of the employees (not-management) are good people doing the best they can.

Cons

There is no commitment to quality. The software I work on used to be considered the gold standard. Now bugs have ruined the reputation in the marketplace and we only get lip service from management. It is hard to demo software that doesn't work. Also, stop adding more process, we have enough! I swear I spend more time filling out forms and timesheets and plans and documents than on my real job. Right now I have to enter the same data four different places. How does that make any sense at all? No work life balance at all; no one cares about you as a human being. Welcome to the grist mill.

1.0
Mar 26, 2019
Recommend
CEO approval
Business Outlook

Pros

You have a full time job with benefits

Cons

Management has never seen a process they didn't want to implement. Policy, standards and procedures are communicated through emails rather than a formal documented process. The focus of the company isn't on the customer or employees, but on the undocumented process.

1.0
Jun 18, 2018

RUN!! RUN AS FAST AS YOU CAN!!

Recommend
CEO approval
Business Outlook

Pros

Decent pay. Really good benefits. A lot of co-workers were like family - even ones that did not live in the same area as you. PTO was really good - not included with Federal Holidays, so 4 weeks off became up to 6 with up to 10 Federal Holidays. We averaged 8-10 a year.

Cons

After the acquisition, the company started dumping the oldest and longest serving employees. People in their late 50's and on that worked for different versions/iterations of the company (lots of acquisitions in the financial sector) for 30+ years and had the most PTO days. They were replaced by outsourcing to India. Not sure how they got around the age discrimination laws, but they did.US employees are being outsourced to India in the name of "Reduction of Force". Actually, they are laying off the US employees and hiring more, or the same in some cases, employees in India that have NO CLUE as to our culture but we are forced to learn/deal/put up with theirs. Managers will ignore you. They will stack themselves under each other and push everyone else, regardless of years-of-service/talent, out of the way. It's a buddy clique system. If your nose is up one manager's backside, you stand a chance to follow them up as they consolidate as much as possible while shuttering sites as quickly, and as recklessly, as possible. This has led to a pretty decent exodus of customers. Prior to the MySis/D&H merger we were doing well to rebuild our customer base with new products and talent after the Financial crises around 2007/2008 and on. It was sad to be relieved of our jobs because we knew our customers. They knew us. Some were so happy when they ended up getting you on the phone, and they would tell you that. Now, I don't know what is going on, but it can't be good.

Viewing 13 - 15 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.