Finastra reviews

3.7

72% would recommend to a friend

(3,217 total reviews)
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Chris Walters

67% approve of CEO

61% positive business outlook

Finastra has an employee rating of 3.7 out of 5 stars, based on 3,217 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
4.0
Jan 18, 2023

A good place to work

Recommend
CEO approval
Business Outlook

Pros

- It is a good job, you don't have to love the work, that is what it is work. - The benefits are decent, not great , but affordable. - Unlimited vacation leave - Most positions are work from home, huge savings for both you and the company. I have been with what is now Finastra for a good bit. I have been through some mergers and acquisitions and seen company leadership reorganization each time. I have been managed by good leaders and poor leaders and hope I have been a good leader. It is accurate to say you can't please all the people all the time, you have to pick a middle of the road that takes care of most of the people. There have been layoffs, sure, like every other company as the economy or market demand less or more, that is just good personnel management. Each year I have never failed to get a raise and a bonus, maybe not what i was hoping for but I got something and that is better than nothing. There is no company out there that is increasing salary to match the current inflation rate, we are in a recession and perhaps headed toward a depression. The unlimited vacation if a double edged sword, it costs the company nothing, as each manager approves it based on whether or not your work is done. On the flip side, the company wins by saving paying out any unused leave at termination time.

Cons

It is a large, global corporation with numerous product, there should be plenty or room for promotion from within, but the hiring managers seem to staff with new faces from their last company. If they likes the last place so much, why did they move? It is no secret that the company has fired or laid off a couple of thousand people only to move the same jobs to the Philippines, India, Romania and similar places with a lower per capita income, hiring lesser skilled people at a greatly reduced rate or not backfilling the holes at all and increasing the workload of the other employees.

3.0
Oct 31, 2022

Hurry up with the org redesign

Recommend
CEO approval
Business Outlook

Pros

Work at your own pace Unlimited vacation Salary and benefits are good

Cons

Moved to a product centric model (better if Finastra want to sell off product by product). Massive resource gaps to execute on this and also promoted people with very little experience. Result is frustrations everywhere and a very sluggish start to the financial year. Executive Leadership team have their huddles .... but have become far too removed from 'on the ground' issues - too bust thinking how they will spin off the company. No one talks about how uncompetitive the solutions have become due to underinvestment and attrition in product So many new people due to high attrition in every function HR is in a mess

2.0
Jun 7, 2022
Recommend
CEO approval
Business Outlook

Pros

The benefits are the best part of the job

Cons

New employees have a difficult time integrating due to established clicks and can be hostile Job security Layoffs are common Too big to care about their employees, you're just a number here Loyalty is not valued Upper management reorganization frequent and ineffective Bonuses rewarded to new employees and only existing ones who move positions, not the most loyal.

Viewing 241 - 243 of 3,217 Reviews

Glassdoor has 3,483 Finastra reviews submitted anonymously by Finastra employees. Read employee reviews and ratings on Glassdoor to decide if Finastra is right for you.