Altisource Labs

  www.altisourcelabs.com
  www.altisourcelabs.com

Altisource Labs Reviews

Updated December 1, 2014
Updated December 1, 2014
61 Reviews
3.5
61 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
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Mark Hynes
31 Ratings

Review Highlights

Pros
  • Work at Altisource Labs is very hands on and creates a positive challenge for its employees (in 7 reviews)

  • I have recently joined here in Consumer Analytics division and found it to be better w (in 7 reviews)


Cons
  • The work life balance is also affected because of crazy Bangalore traffic and painful commute (in 5 reviews)

  • They says will move to Ecospace, Bellandur by January (in 3 reviews)

More Highlights

Employee Reviews

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  1. 5 people found this helpful  

    Ambitious Company with great upside

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Altisource Labs (less than an year)

    Pros

    Altisource Labs is a fairly new and very well funded company. It is a part of a much bigger financial company, but focuses only on software, and building a set of systems for modern finance and consumer analysis. The company is built of four or five (depending on how you count) semi-independent business units. There are lots of interesting and very talented people, at its best the culture is very informal, and the projects in flight are state of the art technology. What's even more important for me, the BU leadership understands the importance of proper market analysis and product management, and staffs accordingly. The leadership team is actually quite amazing, most with prior successful startup experience.
    The comp is very good and growth prospects are excellent IMO. Some nice and friendly perks, such as company lunches on Friday.
    Loving it.

    Cons

    There are still many shadows of the big parent company, which Labs is trying to aggressively address. For the most part they are reporting and IT annoyances, benefits schedule, etc. Hiring process is very formal (which worked very well for me personally) but may challenge some.

    Recommends
    Positive Outlook
    No opinion of CEO
  2. 3 people found this helpful  

    Motivated and talented people building disruptive software

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

    I have been working at Altisource Labs full-time

    Pros

    - The company is growing at an incredibly fast rate so there is no shortage of interesting work to do
    - You will get a chance to have a significant and tangible impact
    - You will be praised and rewarded fairly for the difference you make
    - You will work with incredibly talented and motivated people at all levels
    - The software being developed is truly disruptive to the industry

    Cons

    - Due to the fast growth, the supporting systems/processes have not always been able to keep up; the gap is closing but some patience is required
    - Internal communication could be more frequent to improve knowledge transfer between teams and celebrate small victories across the organization

    Advice to ManagementAdvice

    - Develop a more formal development/mentorship program to support the significant on-the-job learning
    - Continue driving internal process improvements to ensure that the support processes/systems match the size and growth of the company

    Recommends
    Positive Outlook
    Approves of CEO
  3. 4 people found this helpful  

    Fast paced, exciting culture where you work with super smart people on solving problems in an industry in need of innovation

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

    I have been working at Altisource Labs full-time (less than an year)

    Pros

    Great people, a lot of growth opportunity, interesting work. Great snacks always available. Space is open and allows informal networking

    Cons

    People work hard. They care, but expect to put in hours. The growth is so much we have had to move a few times, but out current space is an improvement. And worth it to be together.

    Advice to ManagementAdvice

    Let's celebrate people more. Keep those great lunches on Friday. Great sharing. I feel a part of something cool

    Recommends
    Positive Outlook
    Approves of CEO
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  5. 3 people found this helpful  

    Fasted Pace, Dynamic, Challenging and Rapidly Changing Environment

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Altisource Labs full-time (less than an year)

    Pros

    You have an opportunity to make an impact and work with high quality driven people who are trying to solve the need in a market place. The environment fosters collaboration whenever possible. Management team has grown in the past year and with that processes have been developed and implemented. Effort is made to recognize the effort that is required to achieve the goals while still growing.

    Cons

    Long hours which is not uncommon in a fast past startup environment. Immature processes (being addressed). Challenges associated with growing so quickly. Benefits could be improved.

    Advice to ManagementAdvice

    Continue to hire quality individuals. Better communication.

  6. 2 people found this helpful  

    Exciting, innovative work with smart, driven and nice people

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

    I have been working at Altisource Labs full-time (less than an year)

    Pros

    Awesome projects creating the future of consumer analytics tools. Team is very smart and ambitious, and there is ample opportunity to bring in your own ideas and to learn. At least the people I met so far are very nice. Work-life balance so far is fine. Culture is pretty cool and there is plenty of free food.

    Cons

    Benefits are below expectation, especially the health plans. Bureaucracy and IT infrastructure are source of some frustration.

    Advice to ManagementAdvice

    Get better health plans. Provide faster Internet.

    Recommends
    Positive Outlook
    No opinion of CEO
  7.  

    Great People, Great Resources, Great Company

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

    I have been working at Altisource Labs full-time (more than an year)

    Pros

    1. Tremendous opportunity -work in cutting edge technologies
    2. Great Perks and benefits
    3. Boston Downtown location
    4. Extremely talented colleagues
    5. Fast paced environment

    Cons

    Requirements are not always clear as things are moving very fast.
    Company is growing very fast. So the office space is a bit cramped. There s a plan to move to bigger office next year.

    Advice to ManagementAdvice

    Monthly town hall to share company's growth plan and focus with the employees.

    Recommends
    Positive Outlook
    Approves of CEO
  8. 2 people found this helpful  

    Really Unique Place

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Altisource Labs full-time (less than an year)

    Pros

    Definitely not for everyone, but I am having a blast here. If you can handle the intensity, the Labs really stands out. The kind of stuff that's done here is similar to what you might find in the R&D labs of large well heeled internet companies. Incredibly smart and talented people who are strongly motivated and self-driven, a huge amount of opportunity and the resources to pursue it, and an environment that rewards creativity. The Labs demands you dig deep and really push yourself by challenging conventional notions of the best way to get things done. The culture may be polarizing - some people thrive, others are turned off.

    Cons

    The commute sucks if you live west of Boston, as do many of the folks here. Sometimes people let their passion get the better of themselves for short periods of time (but not for long), so you have to wear your big kids boots. Pretty normal for an organization with these kinds of growing pains. Finally, the organization is still transitioning out of legacy code to new platforms, which is painful no matter where your are or how you cut it.

    Advice to ManagementAdvice

    Keep finding the joy - don't lose faith

    Recommends
    Positive Outlook
    Approves of CEO
  9. 2 people found this helpful  

    Consumer Analytics Rocks!

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

    I have been working at Altisource Labs full-time (less than an year)

    Pros

    Smart people (everyone takes a version of an IQ test)
    Super-interesting work: it is truly whatever you can make it
    Mega-aggressive vision, trying to figure out how solve large problems on the market
    No defined strategy/tactics yet (perfect for those among us who love to define them)
    Good management team
    To love it like I do, you got to have a drive to blaze your own path and be ready for turns. The upside is that this shop is a real deal - not one of those "fake smiles" and "kiss the ring" places. I read the reviews from unhappy colleagues and am surprised: are we working at the same place?..

    Cons

    New organization, boundaries to be defined
    Some people "pull the blanket" too hard
    Not enough hours in the day to do all the work
    Paperwork and bureaucracy inherited from the parent org

    Advice to ManagementAdvice

    I love the ambition and the investment made into the organization. We got to find the way to remove the weight of paperwork - it will slow down any velocity we are striving for... not only for employees but for partners and such. The attractiveness to work with us is very low in conditions like that..

    Some days are worse than others (like when people have to take 30 (!) online trainings upon starting). No doubt the upside is much bigger than the nuisances like this one..

    Recommends
    Positive Outlook
    Approves of CEO
  10. 2 people found this helpful  

    Great opportunities for people who can look past growing pains

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

    I have been working at Altisource Labs full-time (more than an year)

    Pros

    very smart, motivated, driven people and- with only a couple exceptions - "no a-holes." The company is growing extremely fast in all directions. This scale of growth offers many opportunities, and the growing pains that come along with it are not for everyone. Very strong corporate financials, accessible and talented leaders.

    The Consumer Analytics group is the jewel in the crown. Each product group is structured as a "future spin out" and the Consumer Analytics team has the best leadership, most exciting technology, and is closest to having a marketable enterprise scale platform.

    The company has offices from WA, CA, TX, FL, MO, GA to Uruguay, the Caribbean, Europe, India, and Philippines, so you will get the chance to work with / learn from / visit smart, driven people like you all over the world.

    Cons

    the local culture is very different (i.e., more enjoyable for most) from the Corporate 7x24, top down, excruciating attention to detail, impatient leadership style. Payroll works...but that is about the only corporate function that actually functions. The internal groups that are successful, like Consumer Analytics, have found a way to get stuff done without attracting the attention of the Eye of Mordor, i.e., Luxembourg.

    Advice to ManagementAdvice

    Keep hiring awesome people. Overhaul the broken HR, procurement, finance, and IT systems. Pay attention to the company's reputation/image and high attrition rate, address them actively.

    Recommends
    Positive Outlook
    Approves of CEO
  11. 1 person found this helpful  

    Positive Experience So Far

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Altisource Labs full-time (more than an year)

    Pros

    Work life balance, chance to work on new and innovative business ideas, some really top talent, cool office space

    Cons

    Legacy software demands so much attention right now and it can be hard to find the right balance between that and the next generation of software

    Recommends
    Positive Outlook
    No opinion of CEO

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