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Altisource Reviews

2.3
Rating Trends
Recommend to a friend
Approve of CEO
Altisource CEO William B. Shepro
William B. Shepro
201 Ratings
  • Helpful (2)

    Perfect Storm : Poor Technology + Poor Management + Bad Culture

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Manager - IT in Bangalore (India)
    Former Employee - Senior Manager - IT in Bangalore (India)

    I worked at Altisource full-time

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    Pays well, that's about it !

    Cons

    Inherent lack of ethics & a "sweep it under the carpet" culture everywhere.
    Management thinks if something's true in a Power-Point presentation, it should be true in the real-world also !
    Poor hiring decisions by management - people who don't understand technology in top technical positions.
    Management continues to dictate use of old technologies like Open-Edge & ABL.
    Most regulatory issues at OCN & ASPS are due to their insistence on persisting with "old world" technologies which results in technical teams developing "kludges" (think of a Ferrari with a wheel from a bullock-cart) all over the place.

    Advice to Management

    Stop living in a Power-Point presentation virtual reality.
    Hire quality technical folks who know what they're doing & do not interfere.
    Move away from old technologies like Open-Edge & ABL.
    Stop looking only at "pedigree" when hiring - look for past results & contributions.


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