Fidessa Reviews in United Kingdom

Updated September 21, 2014
Updated September 21, 2014
83 Reviews
3.2
83 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Fidessa CEO Chris Aspinwall
Chris Aspinwall
44 Ratings

Review Highlights

Pros
  • Work/life balance is quite reasonable, although this benefit has been losing ground (in 12 reviews)

  • Great people, working environment and work/life balance (in 9 reviews)


Cons
  • middle management can be childish in sales; you must suck up to the right people (in 5 reviews)

  • senior management can be totally clueless about what's actually going on (in 5 reviews)

More Highlights

27 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Great company to work for

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee  in  London, England (UK)
    Former Employee - Anonymous Employee in London, England (UK)

    I worked at Fidessa full-time for more than 5 years

    Pros

    Collaborative, challenging and cohesive environment. Good work/life balance. Very team oriented. Very sociable. Chance of a great career within the industry.

    Cons

    Not many apart from salaries but they have been addressing this for the last 2 years. Like all Companies they have negative points but the positives far outweigh the negatives. They do need to work globally rather than silo'd country by country,, especially for shared service functions..

    Advice to ManagementAdvice

    Let a Snr HR representative sit in on board meetings

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    good place to start but not many opportunities to grow

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Fidessa

    Pros

    friendly, good as a first job,

    Cons

    stagnant, no opportunities to grow

  3.  

    Overall a good place to work, but the pay is.....

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Software Support Analyst  in  Woking, England (UK)
    Former Employee - Software Support Analyst in Woking, England (UK)

    I worked at Fidessa full-time for more than a year

    Pros

    Great benefit (not including salary), great people, great office environment

    Cons

    The pay is super below market

    Advice to ManagementAdvice

    Rise the pay

    Recommends
    Neutral Outlook
    No opinion of CEO
  4. We want your feedback – Are these company reviews helpful to you?  Yes | No
  5.  

    Ever increasing workload

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

    I have been working at Fidessa full-time

    Pros

    Fidessa has a general atmosphere of helping others and a friendly culture. There is a good range of training available - if you have the time.

    Cons

    The workload has progressively increased as management try and get more out the workforce. This has started to impact the company culture and reduce job satisfaction.

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Comfortable place to work but needs a shake up

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee  in  London, England (UK)
    Current Employee - Anonymous Employee in London, England (UK)

    I have been working at Fidessa full-time

    Pros

    - Nice working environment, generally 9 to 5.30 in the London office
    - Friendly and professional colleagues
    - Opportunities to move abroad if you're vocal enough
    - Good, low-stress intro to finance wihtout some of the typical drawback (long hours, high pressure...)

    Cons

    - Not much opportunity for real advancement in the company - staff turnover at lower to mid levels is huge, non-existent at higher management levels
    - Senior management are invisible and inaudible except for the yearly speech about "tough market conditions" affecting pay rises...
    - Falling behind technologically : all products are still built on core components that were originally conceived in the 90s. Admittedly it still works... but the chance to work in tcl is not going to attract the best talent.

    Advice to ManagementAdvice

    - Find a way to motivate talented younger emplyees to stay. For example, devolve some decision-making / responsibilities (not just the boring bits!).
    - Freezing salaries and cancelling bonuses to prop up dividend payments will hurt you in the long term.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  7.  

    Good enough for 2-3 year stint

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee  in  Woking, England (UK)
    Former Employee - Anonymous Employee in Woking, England (UK)

    I worked at Fidessa full-time for more than 3 years

    Pros

    Professional and friendly working environment. Very client focussed. Good technical training especially for graduates.

    Cons

    Career progression is limited so if you are looking to move up after 2 years the opportunities are minimal. Salaries are below market averages and recognition of top performers is generally quite poor - always seems to go blame 'poor economic climate' which gets tiresome especially when the company is doing fine on paper.

    Recommends
    Neutral Outlook
    Disapproves of CEO
  8.  

    Enjoyable and interesting company but career progression is limited.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Business Analyst  in  London, England (UK)
    Former Employee - Business Analyst in London, England (UK)

    I worked at Fidessa full-time for more than 5 years

    Pros

    Good training programme. Friendly atmosphere. Opportunities to travel in Europe for client business. Promote career progression by providing office moves across the globe. One of the few jobs in the city that provides a 9-5 lifestyle/balance.

    Cons

    Non competitive salary once in the company. Little impact or involvement on the bigger picture. Limited career progression if not willing to move offices.

    Recommends
    Negative Outlook
    Approves of CEO
  9.  

    Good family oriented company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Software Developer  in  Woking, England (UK)
    Former Employee - Software Developer in Woking, England (UK)

    I worked at Fidessa full-time for more than 3 years

    Pros

    Stress free
    Good people
    good training

    Cons

    Average pay
    skills are not transferable

    Advice to ManagementAdvice

    Give people more reasons to stay. Reward people individually depending on their skills rather than paying everyone the same

    Recommends
    Neutral Outlook
    No opinion of CEO
  10.  

    Loved it, but had to move on.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Analyst  in  Woking, England (UK)
    Former Employee - Analyst in Woking, England (UK)

    I worked at Fidessa full-time for more than 8 years

    Pros

    People - the most intelligent, helpful and dedicated staff across all departments.
    Work-life balance is respected, if that's what you want / need.
    Constant influx of new ideas with the grad developers means progress does not stagnate. The low pay actually benefits the company here - the experienced guys leave and new blood comes in. Keeps it all fresh.
    Benefits are in line with City firms.

    Cons

    Pay isn't great.
    Woking is pretty grim.
    Sales sell vapourware which puts unnecessary pressure on technical teams.

    Advice to ManagementAdvice

    Generally keep going as you are. you have am industry wide reputation for doing things properly.

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Start your career here, leave after 2 or 3 years

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Woking, England (UK)
    Current Employee - Anonymous Employee in Woking, England (UK)

    I have been working at Fidessa full-time for more than 3 years

    Pros

    1) Fidessa is a good company to start your career. You get a good exposure to the financial sector and knowledge that will help you find a better job later on.

    2) Benefits are quite good except from salary and pension scheme.

    3) Fidessa pays overtime but only because they can charge their clients for it.

    Cons

    1) Fidessa operates a pool of low paid employees, where everybody is expendable. This is why they never make any counter offers when somebody leaves, except in very very few cases.

    2) Excellence in work is never rewarded. No matter how well you do your job, you are going to get the same "pre-fixed" salary increase. This is very demotivating once you find out.

    3) It is not worth staying in the company after 2-3 years as you soon find out that your market value is at least 30-50% more than Fidessa offers.

    4) Senior management show no consideration for their employees and they all seem to have a hands-off approach when it comes to implementation. It is amazing that although Fidessa is a software company, its senior managers either do not have a technical background or have not touched code for decades.

    5) The pension scheme Fidessa has is very poor. You have to pay in 3% for the company to contribute a maximum of 3%. This is in contrast to banks that pay in 10-15% and you do not have to pay any contribution at all.

    6) The company boasts about the job security it offers. This means that you will be paid significantly below your market rate, but you will never be fired by Fidessa. This model benefits low quality employees that hang on to Fidessa knowing that they will never be fired. It does not benefit bright individuals who want to get rewared for their good quality work. This is why the latter normally leave after 2-3 years.

    7) The CEO has made some very big mistakes in choosing the business model for the company, in buying LatentZero and in deciding the direction that the company will take. Fidessa was too late to implement a dividends platform and has not implemented any Fixed Income or FX platforms as far as I know.

    Advice to ManagementAdvice

    Reward excellence and get rid of people that are not contributing to revenue growth. Try to motivate people more and keep talented people instead of letting them go.

    Recommends
    Negative Outlook
    Disapproves of CEO

Worked for Fidessa? Contribute to the Community!

Your response will be removed from the review – this cannot be undone.