Interactive Data Reviews

Updated June 7, 2015
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2.5
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Interactive Data President & CEO Stephen C. Daffron
Stephen C. Daffron
12 Ratings

Pros
  • People are down to earth in general, good work life balance for a financial firm (in 17 reviews)

  • Friendly, comfortable work environment (in 13 reviews)

Cons
  • No room for growth within the company (in 7 reviews)

  • No room for growth and pay is subpar compared to many companies (in 8 reviews)

More Pros and Cons

54 Employee Reviews

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  1. Helpful (3)

    outlook

    • 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 Interactive Data full-time

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

    Pros

    Good benefits and flex time

    Cons

    Management policies that foucs on short term profit and long term loss of the company and employees.

    Advice to Management

    Consider building a company rather than short term profit


  2. Helpful (1)

    Operations

    • 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 Interactive Data full-time (More than 8 years)

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    Good Benefits. Flexible Schedule. Great exposure to financial industry. A few highly motivated people help to keep yourself motivated.

    Cons

    No Consequences for good or bad work behavior. Payments 30% below market value especially for long term employees. No opportunity to grow. Sugar coding is preferred over honest feedback. Promises are not kept and they don't follow their own advise. Low performers are shielded and others have to take on more and more tasks to cope with that.

    Advice to Management

    Provide real goals with real rewards. Motivate your employees. Show that you actually care about the work and the quality of the work provided. Don't let Low Performers get away with it by covering for them and making up excuses. Have more pride in what you do.


  3. Work is boring, omega is nightmare

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

    I worked at Interactive Data full-time (More than a year)

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

    Pros

    Relaxed and unchallenging env in NY

    Cons

    Nighmare for H1B employees. Lay off happened for H1B people without any severence and notice period.

    Advice to Management

    H1B people should be laid off with at least one month notice and severence.


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  5. Helpful (3)

    Good to bad in 6 short years...

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

    I worked at Interactive Data full-time (More than 10 years)

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

    Pros

    Colleagues in my location were great people and easy to work with. Company had good benefits.

    Cons

    No integrity on sales management team. Overall ownership in recent years treated you as number instead of a person. Dishonest in their execution of mission statement which stated people were important first and last in all aspects of the business.

    Advice to Management

    Management should truly follow the mission statement they instituted and put people first. The people that have worked long and hard to build this company deserved more than a pink slip. For some after a lifetime of working for IDC they were let go without any opportunity to say goodbye to their colleagues. Management, you never even thanked them for years of service. You are no longer a well liked company. You destroyed the reputation of this company.


  6. Helpful (6)

    Investors want out so primary focus is now to maximize the company valuation for retrieval of their investment

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

    I worked at Interactive Data

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    For the last 4 years, the company has been investing heavily in consolidating all of the old fragmented technology into a single system. This will ultimately allow them to cut costs and generate new revenue by creating new products.

    Cons

    The private equity firms that bought this company 5 years ago have grown inpatient and want their money back. The new technology is beginning to rollout to production but development is not yet complete. New development has been stopped and staff reductions are underway to maximize the price per share value to execute on the exit strategy.


  7. Software Architect

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

    I worked at Interactive Data full-time (More than 5 years)

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    It is a good company to work for, gives great exposure into various financial products. Good career opportunities. Very good PTO and WFH facility, as as long as productivity doesn't take any hit.

    Cons

    Salaries are not competitive with the market, particularly if you are with the company long time.


  8. Lacking innovation

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

    I worked at Interactive Data full-time (More than 5 years)

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

    Pros

    People you work with are decent, the hours are good, and the pay is commensurate with the industry

    Cons

    Not a very innovative environment, there is a status quo mentality with the viewpoint that they are the industry leader


  9. Helpful (2)

    The Downside of Private Equity

    • 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 Interactive Data

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

    Pros

    Not many pros at this time. They are in a convenient location close to the PATH.

    Cons

    Private equity substantially changed the company. Most of the resources have diverted to a select few. There has been considerable downsizing and reshuffling. The morale is very low.


  10. Would recommend this company as a way to get your feet wet in the financial industry. Get in and Get out!

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

    I worked at Interactive Data

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    Easy to balance work and life outside of work. Most departments are laid back and as long as you pull your weight will remain that way. Benefits were good. Great amount of PTO days to start.

    Cons

    No room for growth or advancement. Easy to become content and stagnant. A lot of social promotion, supervisors and management may not be particularly qualified to answer your questions. The company has tremendously changed over the years morale is non existent. You will be trained by rote not to understand why or how something works. Compensation is below the national average


  11. Helpful (5)

    Cesspool of Mediocrity

    • 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 Interactive Data full-time (More than 8 years)

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Excellent vacation policy. Some very pleasant colleagues.

    Cons

    Where do I begin? A former CEO who thought it was appropriate to go on a political tirade before the last presidential election. An outlook for change that is based on what client cries the loudest, instead of industry standards and innovation. Archaic databases and products, and the departments that manage them are either understaffed to create significant change, or are complacent and refuse to do so. Zero mobility. There is no clear career path for people at the bottom, and employees are asked what they would like to do—management seems to take no initiative to suggest a path. High performing employees are inundated with more and more work until they perform poorly, at which point they are penalized. High performance is not monetarily rewarded. There is no incentive to perform well and continue performing well. Outsourcing has run rampant, so being a high performing employee does not ensure your position if it can be done overseas for less. Your knowledge will be sucked dry. Bonuses are non-existent, at least down on the lower levels. Minor infractions are dealt with in a manner similar to a scene out of Office Space; small issues become big issues when you have to explain yourself to 5 different people over the course of a week. Morale is at an all-time low. Layoffs have spread across the company without an explanation, and then we are expected to listen to a town hall discussion where one of the highlights is "enriching our people". Meanwhile, most employees are visibly distraught and unhappy. Systems are outdated and disjointed. The attempts to correct this have largely been failures, and it is a classic case of the bumbling decisions of senior management and execs being taken out on the lower employees. In spite of paying people well below what they should be paid, the company continues to cut corners at everyone's expense.

    Advice to Management

    Focus on people—the people who work for you, create the data that drives your revenue that everyone else seems to take credit for. Stop the slash and burn tactics. Actually compensate people at market level and stop pinching pennies.



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