Interactive Data Reviews in New York City, NY

Updated August 15, 2014
Updated August 15, 2014
123 Reviews

2.8
123 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Interactive Data President & CEO Stephen C. Daffron
Stephen C. Daffron
6 Ratings

Review Highlights

Pros
  • People are down to earth in general, good work life balance for a financial firm (in 14 reviews)

  • The work environment at Interactive data is pretty laid back (in 11 reviews)


Cons
  • No room for growth, very little opportunities, low recognition (in 6 reviews)

  • Senior management has not communicated a real direction (in 8 reviews)

More Highlights

47 Employee Reviews Back to all reviews

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  1.  

    Great Company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    Former Employee - Data Research Specialist  in  New York, NY
    Former Employee - Data Research Specialist in New York, NY

    I worked at Interactive Data full-time for less than a year

    Pros

    Great Company to work for.

    Cons

    Salary is not that good. And there's no bonuses.

    Recommends
    Neutral Outlook
    No opinion of CEO
  2.  

    for new york office

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

    I have been working at Interactive Data as a contractor for less than a year

    Pros

    staff is very chilled. they do birthday parties and cake for people on the floor

    Cons

    compensation is a bit on the low side

    Advice to ManagementAdvice

    increase compensation, less downsizing

    Recommends
    Neutral Outlook
    Approves of CEO
  3.  

    Dead End, No Transparency, Poor management, NO Training, Get out while you can. No Growth

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Data Product Manager  in  White Plains, NY
    Current Employee - Data Product Manager in White Plains, NY

    I have been working at Interactive Data full-time for more than 8 years

    Pros

    Vacation time, Laid back atmosphere

    Cons

    No Global Support, Other divisions don't assist others. This is NOT a TEAM environment. No transparency as what is going on left in the dark employees. New owners same old song and dance. They come in sounding like change for the good then give up. Just sell us to Reuters already. They hire ex Reuters employees, No product to sell, NO next generation product to gain new clients. Sales team can't make big sales. No appreciation except for a bagel once a month. You are lucky coffee is still free. Sometimes overwork you and show no appreciation

    Advice to ManagementAdvice

    Too many cooks in the kitchen! How many managers for the same job. Managers hold each others hands to get paid alot to do less. Divisions need to be redefined as their roles and what products they are offering and supporting instead just throwing it all in one area and figure out what to do with it. TRAINING, TRAINING, TRAINING

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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  5. 1 person found this helpful  

    Horrible managers; subpar pay; lazy employees

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

    I worked at Interactive Data full-time for more than 10 years

    Pros

    Vacation days; friendships and free coffee/tea

    Cons

    Managers are lazy, gossipy, and bragging about their contributions which are subpar. Senior and middle management do not step in to mediate problems but instead make it more negative. There are no consequences for bad behavior but consequences for good behavior- which is you get more work and the first to get fired or discriminated against. Very low pay for lots of work. Management do not care about data quality only when a client complains. There is no structure . To get ahead or to get away with things, the rule is to kiss up and you will get promoted or looked upon favorably. Managers sway with the wind to whosoever kicks up the biggest stink.

    Advice to ManagementAdvice

    Value your employees that do the work. Give consequences to bad behavior. Become more trustworthy.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  6. 1 person found this helpful  

    Great Company good people, to much politics

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

    I worked at Interactive Data full-time

    Pros

    great pay, with monthly bonuses, and work life balance, able to telecommute and not overly stringent on what time is on the clock. (in sales that tends to be the norm)

    Cons

    too much politics. some people very helpful, others would push past you and pay the blame game to get ahead.

    Advice to ManagementAdvice

    set expectations better and provide more structures sales assistance and training, and NOT in the form of micromanagement.

    Recommends
    Neutral Outlook
    No opinion of CEO
  7.  

    Manager created hostile work environment by making highly offensive racist and sexist comments, & by using employees to

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

    I worked at Interactive Data full-time for more than 3 years

    Pros

    There are no good reasons to work in IDC's tax department..clueless mgrs no training poor system

    Cons

    Managers protect their jobs by refusing to share certain aspects of process with employees who never see whole system.

    Advice to ManagementAdvice

    Advice is useless.

    Positive Outlook
    No opinion of CEO
  8. 1 person found this helpful  

    Politics, Politics, Politics

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

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

    Pros

    A generous vacation day policy, decent benefits including gym reimbursement and mobile phone discounts.

    Cons

    Favoritism everywhere you look. It is not uncommon to see someone who is friendly with a manager to suddenly receive a promotion. Hard work, creativity, and a drive to improve the company are ignored in favor of personal connections. They create a series of "lateral" moves that have minimal increase in pay or incentive, but an exponential increase in workload, responsibility, liability, and stress. Micromanaging runs rampant, and many manhours are wasted documenting statistics that should be tracked automatically. Morale is low. Versatility in employees is abused and never rewarded. Top performers are "rewarded" the same as mid and low performers, so there's no incentive for improvement or excelling. Promotions often hinge on the departure of an existing employee—unless you are friends with (or in bed with) someone higher up, in which case a position will be created for you.

    Advice to ManagementAdvice

    Stop factoring personal relationships into your promotions. Stop taxing your best performers with extra work and start rewarding them for exceeding expectations. Stop dangling promises that never come to fruition.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  9. 2 people found this helpful  

    Perfect case study of an aging, dysfunctional organization

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

    I worked at Interactive Data full-time for more than a year

    Pros

    Competitive compensation. Friendly, comfortable work environment. Open to telecommuting. Good name to have on your resume.

    Cons

    Be wary about agreeing to unconditional, unpaid overtime, cause you'll be working a lot of it. Ancient, poorly maintained internal infrastructure, most of which was barely in the planning stages for updates, causing endless headaches and long hours. Several individuals, teams and business partners in desperate need of tough love just weren't getting it. Tendency to promote based on seniority rather than competency.

    Advice to ManagementAdvice

    The Keurig machines were about the only thing in the entire organization that consistently worked. Dysfunctional software and hardware results in frustration, which results in stress and low morale, which results in high turnover, which results in more dysfunction, and the cycle repeats.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  10.  

    Passionate, intelligent people who want to bring the best financial products to market

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

    I have been working at Interactive Data full-time for less than a year

    Pros

    The company takes a very macro managerial styled approach. Empowering their employees to bring their skills & ideas to the table in order to be mutually successful.

    Cons

    Our company puts candidates thru a lengthy hiring process to ensure that the "right" candidates are brought on board. This sometimes gives the wrong impression to potential applicants as they may have heard about our detailed interviewing process.

    Positive Outlook
    No opinion of CEO
  11. 2 people found this helpful  

    Where private equity doesn't work

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

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

    Pros

    - Decent work/life balance
    - Ability to work at home when needed
    - Fairly laid back and also a relaxed dress policy
    - Benefits are pretty good

    Cons

    - Private equity has taken a really good company and squeezed every possible penny out of IDC
    - Lack of direction from management causes a lot of confusion and a lack of focus
    - Senior management has not communicated a real direction
    - HR should look closer at why highly qualified people are leaving the company within 6 months of being hired
    - Little room to be promoted

    Advice to ManagementAdvice

    Communicate with the masses. It's nice that they are having a quarterly global town hall but it makes sense to go and meet with the people that support the business. The company has some great people that you are going to lose because they are simply forgotten or not taken seriously. The CEO stated that he asked his direct reports to go out to talk to their subordinates. I haven't seen one in my area. Lastly, IDC should look at promoting internally rather than hire people from the outside. There are a lot of experienced people that would stay with IDC if there was a path to be promoted.

    Negative Outlook
    Disapproves of CEO

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