Fundtech Reviews

Updated July 1, 2015
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2.6
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Reuven Ben Menachem
40 Ratings

Pros
  • in most roles very good work/life balance (in 3 reviews)

  • Great people - smart, professional, hard working (in 3 reviews)

Cons
  • Work life balance is not that good (in 5 reviews)

  • Backstabbing by Management and Office Politics is common place (in 4 reviews)

More Pros and Cons

78 Employee Reviews

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  1. Good place for builders

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

    I have been working at Fundtech full-time (More than a year)

    Pros

    Collegial environment. Smart people. Interesting work in a very relevant industry. Beautiful new offices in NY. Good place to be if you are a builder.

    Cons

    Not good for someone looking to manage status quo.


  2. Clean up after prior employees

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Salt Lake City, UT
    Former Employee - Anonymous Employee in Salt Lake City, UT

    I worked at Fundtech full-time

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

    Pros

    Most of the bad apples from the prior regimes are out leaving a bit of hope for improvement for the next generation.

    Cons

    Has to be the non-stop clean up work and firefighting for all the legacy systems and old products. Working long hours with poorly architect-ed antiquated technologies.

    Advice to Management

    Hold those in leadership who created the mess accountable. Stop placing the blame on the newer employees.


  3. Few employee referrals mean big headhunter fees

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Salt Lake City, UT
    Current Employee - Anonymous Employee in Salt Lake City, UT

    I have been working at Fundtech full-time

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

    Pros

    Management has excellent relationships with recruitment agencies. Management fights very hard to ensure their outside recruiters are richly compensated.

    Cons

    Not enough employee referrals. Some new hires and employees see this as a big red flag. The over reliance on expensive headhunters is disturbing.

    Advice to Management

    Do more to retain the key people. Entice them to make referrals. It is far cheaper than to turn to a headhunter.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Helpful (1)

    Terrible company

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Fundtech

    Pros

    Pros will be an overstatement for Fundtech

    Cons

    Terrible company and horrific management. Stay away, live longer

    Advice to Management

    Management needs psychiatric treatment


  6. Great company to work for

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Director of Infrastructure in Norcross, GA
    Former Employee - Senior Director of Infrastructure in Norcross, GA

    I worked at Fundtech full-time (More than 3 years)

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    great management and staff, use of newer technology. great relationships between teams. everyone goes the extra mile.

    Cons

    work life balance is not good. plan to work long hours and weekends to meet aggressive time lines sales commits too.

    Advice to Management

    hire more staff, this will help work life balance.


  7. another Fundtech veteran from development

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

    I have been working at Fundtech full-time (More than 8 years)

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

    Pros

    The firms fundtech acquired had good solid products with solid customer bases. Few managers sincere about improving company for the long term.

    Cons

    Today's management should be familiar with they own products. should not be ignorant when it comes to technology. Stacked with many bean counters, marketers who specialize in dressing up companies for sale. Need managers who do more than put on shows for the private equity owners and auditors.

    Advice to Management

    Too many key people gone. Services dropping farther behind. Time for managers who care about this.


  8. Needs much improvement

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Manager in New York, NY
    Current Employee - Manager in New York, NY

    I have been working at Fundtech full-time (Less than a year)

    Doesn't Recommend
    Negative Outlook
    Doesn't Recommend
    Negative Outlook

    Pros

    can have decent experience provided in the right business unit run by politically favored leaders. You can do no wrong.

    Cons

    Scant opportunities for promotions, transfers, raises. Jobs do have that dead end feel to them. Need more who are motivated to do more than the bare minimum.

    Advice to Management

    Give incentives to people to stay. Give incentives to encourage people to do more than then bare minimum. realize that the jobs your people do require skill. quit regarding them as disposable.


  9. Not a bad place to work but may have times of extra hours when necessary.

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

    I worked at Fundtech full-time

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    After some housecleaning of people with bad attitudes the teams came together and worked well. Everyone pitched in to help each other.

    Cons

    Some of the promised delivery dates and release schedules required long hours, nights and weekends, to accomplish.

    Advice to Management

    Do not sell projects with unrealistic dates.


  10. Bizarre. Spends lavishly on headhunters. Nickel n dimes on compensation.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Manager in New York, NY
    Current Employee - Manager in New York, NY

    I have been working at Fundtech full-time

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

    Pros

    Purging of the old regime. Some hope for improvement wit the new owner.

    Cons

    Time and time again guys resign over pay. Same management gets desperate for replacement, turns around and pays 10X what employee was fighting over just for the fee to the recruiter. *One fee payment to a recruiter is more than all the raises you and your colleagues ever got and will ever get*. For a replacement that is not any better. Replacement quits and another fee goes out. Ditto for the next one.

    Advice to Management

    Outside recruiters see your desperation and your need for their services to fill every job big or small. They know turnover is high and you are short on referrals.


  11. Overall Fundtech is a good company to work for and allows a lot of flexibility for the employees.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Customer Support in New York, NY
    Current Employee - Customer Support in New York, NY

    I have been working at Fundtech full-time (More than 3 years)

    Recommends
    Positive Outlook
    Disapproves of CEO
    Recommends
    Positive Outlook
    Disapproves of CEO

    Pros

    They are flexible with the work hours. There are many skilled and dedicated employees here, and like any other company, many that aren't. The company is privately held by a investor firm which has its benefits in that we aren't slaves to the people on Wall Street. The industry we work in is always changing which allows for exciting new opportunities to learn new products in the financial industry. The products that the different groups are developing are forward thinking and exciting opportunities for Fundtech.

    Cons

    While the hours are flexible, the work week is rarely a standard 40 hours like many other companies and usually includes weekends for many on the staff. Staffing is not where it should be and prevents many products and projects from getting completed in a reasonable and requested amount of time. We have also lost many excellent quality staff members due to the long hours and lack of pay increases (another problem with being privately held).

    Advice to Management

    Like many of the complaints and articles that the senior team reads about salatry difference there needs to be a way that you can consistently compensate your high quality worker bees so they will stay. The work hours are too long to not give them a financial reason to stay. Get staffing up to allow the many projects and products that are in the works to get done.



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