FX Alliance
2.9 of 5 18 reviews
www.fxall.com New York, NY 50 to 149 Employees

FX Alliance Reviews

Updated Jun 7, 2014
FX Alliance – US – “Conference Room”

All Employees Current Employees Only

2.9 18 reviews

                             

100% Approve of the CEO

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Philip Z. Weisberg

(2 ratings)

47% of employees recommend this company to a friend
18 Employee Reviews
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    Great learning experience

    Anonymous Employee (Former Employee)
    New York, NY

    ProsFXall has an extremely talented staff, a great customer base, strong product offering and free coffee. The CEO has an excellent view on where the industry is heading and is well connected to the banks that use the FXall platform.

    ConsAt times, FXall is a stressful work environment. Many of the teams are too thinly staffed to achieve expected results or handle unanticipated challenges that arise.

    Advice to Senior ManagementManagement does a good job defining the plan. The key is to stick to the plan and avoid unnecessary fire drills.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    No real highs or lows

    Anonymous Employee (Former Employee)
    New York, NY

    ProsDecent salary and I learned a lot about FinanSvcs and regulation. Some great people on the tech side.

    ConsWhile the tech team was full of good, approachable, and honest people, the business side had some arrogant, hostile, and truly awful people that I had to find a way to work with. Bad location (unless you have a thing for Midtown East).

    Advice to Senior ManagementI was a temp so management never directed so much as a word to me.

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

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    Senior developer

    Senior Programmer (Former Employee)
    New York, NY

    ProsSince it is rather small company there is a good visibility considering work efforts, inter-group
    communication does help in solving problems.

    ConsQuite a lot of them.
    - Managment is biased and technically speaking - not too technical where it should be.
    - Profit margin level score takes precedence over the wellness of employees
    - Some key-decisions seem to be detached from reality.

    Advice to Senior ManagementTake more seriously current needs and rewarding. This appies to many areas. I'd name 3 of them:
    - technical - obsolote equipment does not help in strategic goals achievement
    - hr - employees who are overachievers - expects the same from the company in return
    - proffesional - need to invest in business/technology areas, so it will pay off in a long run.

    No, I would not recommend this company to a friend

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    move on

    Anonymous Employee (Former Employee)
    New York, NY

    ProsWell, if you're unemployed, they will provide a paycheck. Dont forget to read the reviews for Thomson Reuters, which now owns FXALL. Say goodbye to raises and bonuses.

    Constoo many to list. See the other reviews, dead on.

    Advice to Senior ManagementMost department heads need to be changed out. Think: Does this person *own* the dept. Are they subject matter experts? Do they take responsibility both improvement and for mistakes? Answer it honestly.

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

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    3 people found this helpful  

    Most colleagues at FXall are great to work with, however operationally FXall still has much to improve.

    Anonymous Employee (Current Employee)
    New York, NY

    ProsFlexible hours and work at home within reason option.
    Intelligent and pleasant colleagues.
    Central location - easy commute
    Unrestricted internet access
    Provides up to date computers, laptops
    Has monthly birthday cake celebrations - thoughtful!

    ConsToo little respect from management for those on the floors investigating issues
    Too many #1 priorities
    Poor communication of what is really going on
    Nepotism
    Too political for such a small company
    Unfair compensation
    Cuts too many costs on staying current with major middleware and operating systems

    Advice to Senior ManagementPromote communication across teams and within teams
    Ban nepotism - follow an ethical procedure when hiring and promoting
    Have a priority a follow through on it; instead of leaping onto the next shiniest object!
    Apply compensation fairly

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    Great stepping stone in my career

    Anonymous Employee (Former Employee)
    New York, NY

    ProsThe people, location and ability to get involved in multiple projects.

    ConsLack of management, consideration for employees

    Yes, I would recommend this company to a friend

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    Yikes...

    Operations (Former Employee)
    New York, NY

    ProsStrong communal attitude with members who are not senior management.

    ConsAfter being at my new position for almost 2 years I realize now how much we were all taken advantage of by senior management there. No work/life balance, which is sad. No matter how hard you work it doesn't seem to be enough. There seemed to be a lot of secrecy within upper management.

    Advice to Senior ManagementStop being so demanding of your employees. I feel appreciated where I've been working now, something I never felt in my approximately 2 years at FXall.

    No, I would not recommend this company to a friend

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    2 people found this helpful  

    I still think that the FXall is the best company I ever worked for. All the best, FXall!

    Senior Software Developer (Current Employee)
    New York, NY

    ProsI was employed by FXall twice and I want to say that it is the best company I ever worked for.
    1. FXall really cares about their employees
    2. FXall is very fair when it comes to compensation
    3. The Firm is constantly growing
    4. FXall has strong technical personal
    5. Excellent top management.

    ConsIn some areas the technology is a bit outdated. I think It's due to a large clientele base and its support.

    Advice to Senior ManagementThe management should not afraid to adapt newest technologies.
    The educational weekly technical and business lunch and learn sessions should be part of the culture.

    Yes, I would recommend this company to a friend

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    2 people found this helpful  

    Dog eat dog

    Developer (Former Employee)
    New York, NY

    ProsLearn a lot of new technologies on a tight schedule. Company doing well financially. Close to direct subway to Penn Station and Queens.

    ConsSubordinates are shown no respect. Culture of mutual distrust, suspicion and indifference to each other's needs. Hard to get professional advice when you need it, especially at the beginning of your career. Mediocre wages.

    No, I would not recommend this company to a friend

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    1 person found this helpful  

    Stay Away

    Senior Developer (Current Employee)
    New York, NY

    ProsGood bathroom and nice conference rooms.

    Consmgmt, office space, technology, business, politics, clueless CEO, people in power who are worthless.

    Advice to Senior ManagementStep up to plate and make the hard changes needed to suceed.

    No, I would not recommend this company to a friend

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Glassdoor is your free inside look at FX Alliance reviews and ratings — including employee satisfaction and approval rating for FX Alliance CEO Philip Z. Weisberg. All 18 reviews posted anonymously by FX Alliance employees.