Omgeo Reviews

54 Reviews
2.7
54 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
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Paula Sausville Arthus
4 Ratings
  1.  

    Overall good work environment, but change is coming fast with DTCC buyout

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Director  in  Boston, MA
    Current Employee - Director in Boston, MA

    I have been working at Omgeo full-time for more than 5 years

    Pros

    Friendly work environment - most co-workers are willing to jump in and help if needed. Relatively small company so easy to see the connection of your role to success of the organization. Work/Life balance is generally good.

    Cons

    Significant changes due to the integration with parent company DTCC - concern that Omgeo's culture will not be maintained. Company is sometimes very slow to move.

    Advice to ManagementAdvice

    Communicate openly about the integration; ensure associates have a voice.

    Recommends
    Neutral Outlook
    Approves of CEO

Omgeo Interviews

Interview Experience

Interview Experience

50%
16%
33%

Getting an Interview

Getting an Interview

33%
33%
16%

Interview Difficulty

3.3
Average

Interview Difficulty

Hard

Average

Easy
  1.  

    Scrum Master Interview

    Anonymous Employee  in  Boston, MA
    Anonymous Employee in Boston, MA
    Application Details

    I applied through an employee referral. The process took 2+ weeks - interviewed at Omgeo in August 2013.

    Interview Details

    Amoazing long and drawn out interview process for a consultant (contract) position, all things considered, but the communication was extremely unprofessional and highly pejorative. I was profoundly disturbed to find that the position was open due to the prior hire being canned a month into the job due to "inconsistencies on their application". What was disturbing is not that it happened, but that they felt compelled unconsciously to repeat that ad nauseum throughout the interview. Indeed all five of the panel interviewers mentioned this continually during the interview, which I found odd and incongruous, as I wasn't sure why this was necessary information to provide during an interview. Omgeo is very clearly hiding something. There is much more to that story I am certain. Left a bad taste in the mouth. When I left the interview, I felt like I had dodged a silver bullet.

    Not one person that interviewed me had any experience or background in professional project management. Their questions and reactions to the answers to my questions belied this. I reviewed the background of every interviewer prior to the interview, and among all seven interviews for a Scrum master position nobody had even one technical or project management certification. I don't think any of them had spent any time working with Agile or Scrum framework at all. The entire world is moving to certified Scrum Masters from the Scrum Alliance, or the PMI institute's ACP, Agile Certified Practitioner certifications. I personally don't believe you need a piece of paper in order to succeed at anything in life, certainly not something so practical as Scrum framework or Agile PM methodology, however, the presence of such certifications on one's resume are becoming table stakes for working on the kinds of projects Omgeo undertakes on a regular basis for their many enterprise clients. One of the reasons for that is the requirement for documented realworld Agile / Scrum experience, along the lines of 2,000 - 5,000 hours at a minimum for many SM certs. Long story short, I don't think they have anyone working at Omgeo currently who was qualified to pass judgement on Scrum Master candidates. At least, that's how it seemed to me.

    This interview process, for a consultant position, had all of the weight, stress and time consuming nature of an interview for a fulltime position. At one point, the hiring manager told me he didn't like working with contracts, because they were always looking for a permanent job or to leave soon. My thoughts were: put on your big boy pants and make a hire then. Or stop complaining during interviews, one or the other.

    At every opportunity throughout this interview, whenever a question was asked, or I was not talking, each interviewer let it be known that their team is so young and inexperienced that they have no experience with, or even desire, to use Agile or Scrum framework. They mentioned that Omgeo is a "Revolving door", with guest foreign H1B visa workers and very headstrong (their word was 'Obstinate') programmers and development managers. Gosh, just what I was looking for...not.

    I was continuously told that my predecessors had both become frustrated with working with the Omgeo team and had left for other contracts after a month (two in the case of my immediate predecessor). I was thought to myself: "Life is too short to waste, even in this nightmare economy". Decided to pass. i can get a better contract and work with people who won't make my miserable. I am a professional project manager, and I know now to avoid bad working situations. They are kryptonite to your career. Caveat emptor.

    Interview Questions
    • How would you handle altercations both between developers and your team and yourself regarding their obstinate reluctance to work with Scrum framework?   View Answer
    Reasons for Declining

    I could tell it was a working environment that would be too challenging, and I doubted their intentions to honor the term of the contract in question. They seemed to be hiding the true nature of the team's working environment and the frequent departures they seemed compelled to repeatedly mention during the interview.

    Declined Offer
    Negative Experience
    Difficult Interview

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Additional Info

Edit Profile
Website www.omgeo.com
Headquarters Boston, MA
Size 500 to 999 Employees
Founded 2001
Type Company - Private
Industry Information Technology
Revenue $25 to $50 million (USD) per year

Omgeo's goal is to be a trader's best friend. The company develops post-trade, pre-settlement trade management software that processes transactions for major financial companies and brokerages. Its core product suite is designed to handle trades between investment managers and broker/dealers, including applications for managing settlement instructions. Other Omgeo tools are tailored for such financial instruments as equities and derivatives. The company also offers software for trade allocation and acceptance (OASYS) and comparison (TradeMatch). The company has more than... More

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