S&P Capital IQ
3.3 of 5 183 reviews
www.capitaliq.com New York, NY 5000+ Employees

S&P Capital IQ Reviews

Updated Jan 25, 2014
All Employees Current Employees Only

3.3 182 reviews

                             

75% Approve of the CEO

S&P Capital IQ President Lou Eccleston

Lou Eccleston

(51 ratings)

64% of employees recommend this company to a friend
19 Employee Reviews Back to all reviews
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  • Disapproves of CEO

4 people found this helpful  

Depressing outside of India

Manager (Former Employee)
New York, NY

I worked at S&P Capital IQ full-time for more than 5 years

ProsCapital IQ has an amazing Indian operation. Morale there remains pretty good. Do yourself a favor and sort the reviews by location and you will see that folks in India generally are happy and have good feelings about the business and even the CEO (who they don't know.)

ConsLook at how people in NY feel. Most people disapprove of the CEO and wouldn't recommend the company to a friend. NY is where most of the sales, technology and product development is located. NY is also the same office as Lou the CEO and much of the senior managers. NY'ers have a much better sense of the level of incompetence, politics and lack of "realness" that the senior team has mastered. It is very sad.

Advice to Senior ManagementRead the reviews. React.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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5 people found this helpful  

Unorganized and Terrible Working Conditions

Research Manager (Former Employee)

I worked at S&P Capital IQ full-time for more than a year

ProsThere were some nice restaurants near the headquarters. that's about it. It was absolutely the worst experience i have ever had in my 15 years in the financial industry.....True nightmare

ConsSenior management is unorganized. They do not know how to properly give direction or set clear goals. There is no set training process and lower end managers are left to fend for themselves. There is also heavy favortism and sexism. Management doesn't encourage employee growth or career advancement

Advice to Senior ManagementPay attention to the employees when they ask for clear goals. They need direction. There is a reason why there is such high turnover, it is because senior management doesn't have a clue with what they are doing. Learn to pay attention to the staff. Also, all teams should have managers to go to for direction....when one manager leaves it is vital that he/she is replaced or substituted immediately. If you want to keep your top talent, you will need to start paying closer to market rates

No, I would not recommend this company to a friend

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4 people found this helpful  

Pathetic pathetic...bunch of goons running the place!

Business Analyst (Former Employee)
New York, NY

I worked at S&P Capital IQ for more than a year

ProsGood for unambitious people. If you are even 5% motivated and want to add value to your Resume dont join this place.

Cons1) Management
2)) People: Everybody is a junior who think they know it all...wrong on all levels...there are no good mentors and non technical people are given techincal jobs.
3) Some business teams are good but majority have no vision

Advice to Senior ManagementFire all and get a new management

No, I would not recommend this company to a friend

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7 people found this helpful  

Again, mismanaged and heading off a cliff

General Expert On Everything At the Company (Former Employee)
New York, NY

I worked at S&P Capital IQ full-time for more than 3 years

ProsNone, over the past 1 1/2 years

ConsParanoid culture, cost cutting with ill reward, talented employees leaving, lack of product innovation

Advice to Senior ManagementYou are likely in the wrong business and are set up for failure. CEO is a glorified talk-show host.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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8 people found this helpful  

The company is going swiftly downhill since S&P take over

Software Engineer (Current Employee)
New York, NY

I have been working at S&P Capital IQ full-time for more than a year

Pros- No pressure, Chill environment
- Coworkers are nice

ConsThe company lacks vision or direction since the S&P take over. The CEO is arrogant and is not afraid to reduce salary across the board at the cost of driving every last talent away. Both of the guys who interviewed me quit within 6 month. People are leaving every week, it's truly sad. To cut cost, the company outsources a lot of development to india. The quality is greatly reduced. Then, as a bandaid fix, they hired Microsoft consultants at 500 dollars an hour, while handing out yearly raise less than the natural inflation rate!
It feels like the upper management are clueless of what they are doing.

Advice to Senior ManagementResign. You guys are so terrible it's helpless!

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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8 people found this helpful  

Product Consultant

Product Consultant (Former Employee)
New York, NY

I worked at S&P Capital IQ full-time for more than a year

ProsNo dress code. Not a serious job (take that as you will). Good people.

ConsThe company is terrible. The leadership isn't there, the site is always broken, customers are leaving. They need to get back to basics- realizing that they are a software company. Too much emphasis on sales. You can't have 40% turnover in technology in under nine months and expect to be the same company. Too many old men making decisions.

Advice to Senior ManagementBe upfront about the job people are applying for. I was an overachiever and even offered a promotion within the company which my boss blocked. It is a mess, don't work there.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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10 people found this helpful  

Irrecoverable from Downward Spiral

Software Engineer (Current Employee)
New York, NY

I have been working at S&P Capital IQ full-time for more than 3 years

ProsPrior to Sr. Management's misguided "house cleaning":
*Hard work was acknowledged and rewarded
*Work/life balance was actually taken seriously
*Emphasis was placed on innovation and creativity

ConsNow that almost EVERYONE from Technology (Development + Infrastructure) has quit since May 2011, there is hardly any knowledge transfer and an embarrassing zero mentor-ship. Turnover has become too much of a problem and has sent this company into a downward spiral that even those who have stuck around secretly acknowledge is irrecoverable.

CIQ used to be a place of innovation and has now turned into a bureaucracy of cronyism. Each individual has his own personal agenda and strife is rampant. Total lack of communication as well, which has actually led to two different groups developing the same application without collaboration and neither side was aware of the other.

To make things worse, an initiative to re-organize the company without serious foresight into the complications of integration from an IT perspective has cause numerous frustrations and missed deadlines.

There's no turning back at this point - they just let way too many smart people leave at the wrong times. The saddest part is that this company will never fail - there is too much money that can be poured in. However, it has become and will remain a mediocre/ industry player (NOT the leader it used to be).

Advice to Senior ManagementI cannot offer any. You've already destroyed what was once a great company. The fact that you do not even see what is wrong nor have done anything to address it is astounding. Just like King Midas, everything you've touched appears to be "turned to gold", when really, you've just permanently frozen everything. Yet all you see is gold and think you've done a wonderful job. Wake up and drink the coffee instead of the Kool-Aid. I hear they are still serving the Kool-Aid at TR.

I feel sorry for you when the customers finally realize how much your choices and actions have stifled a great platform and they leave...

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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10 people found this helpful  

The DMV of Financial Services

Database Engineer (Former Employee)
New York, NY

I worked at S&P Capital IQ full-time for more than 5 years

ProsIt used to be great to work here before everyone that knew technology quit

ConsImagine every aspect of the DMV (slowness, incompetence and lack of motivation) and now apply that to a technology company and you have CIQ. In the past 4 months, 2/5's of the executive board have quit under Lou Eccleston and the technology organization has seen a 40% attrition rate. Anyone with any domain knowledge and technical expertise has quit leaving junior engineers without mentors and leaving the rest of the company without focus which is apparent in their lack of new development outside of boring maintenance projects

Advice to Senior ManagementCut all senior management and start new.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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9 people found this helpful  

Getting worse by the day...

Client Development Associate (Current Employee)
New York, NY

I have been working at S&P Capital IQ

ProsBest co-workers that one could ask for, work/life balance is more like life/work, little to no accountability for your actions.

ConsThe culture at CIQ encourages you to perform at a mediocre level. There are very smart people here who work their tails off, and it isn't rewarded in the slightest. Tenure seems to be the biggest factor when it comes to titles, compensation, respect, etc. Don't expect a shred of meritocracy at this company, and forget being adequately compensated for your job, this place has gone from being a standout firm to an absolute clown show in barely two years.

Advice to Senior ManagementWake up and realize that unless you start respecting (and paying) your top talent, its all going to leave the building. You think losing 2-3 key people a week would send a signal.

No, I would not recommend this company to a friend

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2 people found this helpful  

Good for college hires

Business Analyst (Current Employee)
New York, NY

I have been working at S&P Capital IQ

Proscasual dress code, work hour flexibility, not much face time, friendly people, no one really cares what you're working on

Consno room for growth, no one gets promoted, very flat organization, company doesn't value additional education, old-timers run the organization

Advice to Senior Managementshould hire more outside talent as management here has a very narrow view of the company and the world outside

No, I would not recommend this company to a friend

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About S&P Capital IQ S&P Capital IQ is the powerful new combination of offerings previously provided by Capital IQ, elements of S&P including Global Credit Portal and MarketScope Advisor, enterprise solutions such as… Full Overview

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Glassdoor is your free inside look at S&P Capital IQ reviews and ratings — including employee satisfaction and approval rating for S&P Capital IQ CEO Lou Eccleston. All 19 reviews posted anonymously by S&P Capital IQ employees.