Interactive Data Reviews

Updated March 26, 2015
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2.3
171 Reviews
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Interactive Data President & CEO Stephen C. Daffron
Stephen C. Daffron
28 Ratings

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

  • The work environment at Interactive data is pretty laid back (in 13 reviews)

Cons
  • No room for growth and pay is subpar compared to many companies (in 7 reviews)

  • There is no room for growth so if u plan on getting to the top get ready to kiss some frogs to get up there (in 8 reviews)

More Pros and Cons

Employee Reviews

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  1. Development Manager

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

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

    Pros

    Nice IT people. high standard to high. Can work with lots of great IT people.

    Cons

    Management structure has too much over head. Decisons are forced top down. Not much chance to voice opinion to managers.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  2. 1 person found this helpful

    There is no "i" in team or Watch out for the Bus!

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

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

    Pros

    Hard working good people - 19 PTO days to start - Good benefits

    Cons

    Middle management is just looking out for number one due to pressures from above. IDC has been owned by Private Equity for over 5 years - It looks like they are gearing up to sell. They recently culled the herd, making extra work for the "Remainders".

    Advice to ManagementAdvice

    You are going to lose good people this year, Attrition rate is going to grow.

    Doesn't Recommend
    Neutral Outlook
  3. 2 people found this helpful

    Good to bad in 6 short years...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    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)

    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 ManagementAdvice

    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.

    Doesn't Recommend
    Negative Outlook
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  5. Good people trying their best to succeed in a difficult environment.

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

    I worked at Interactive Data

    Pros

    Smart, fun, and generally happy employees. Good reputation in industry.

    Cons

    Excessive management turnover due to private equity ownership, too focused on cutting costs. Despite flat revenue growth and high margins, not reinvesting in people or making improvements in technology to keep up with competition.

    Advice to ManagementAdvice

    Reinvest in people and technology, give middle management a stronger voice in improving products.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  6. Lost their way....

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

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

    Pros

    They will be sold soon and not have to deal with incompetent Senior Management.

    Cons

    PE owners are not interested in the core business. Their focus is to sell and make a profit aka house flippers.

    Advice to ManagementAdvice

    I understand you want to sell but you can't sacrifice quality and good people. The industry is on to you.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  7. 2 people found this helpful

    Great Company gone Bad...

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Interactive Data

    Pros

    A fantastic core group of people that have worked at the company for many years. The rank and file employees are very knowledgeable.

    Cons

    New ownership has come in with the goal of replacing the same people that have made it a successful company. Many of the best managers of the company have been replaced with Private Equity folks that don't understand the business.

    Advice to ManagementAdvice

    Sell now. Let someone come in to take stewardship of a great company.

  8. 5 people found this helpful

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

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

    I worked at Interactive Data

    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.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  9. Software Architect

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    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)

    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.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  10. The worst Company to work for!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Corporate Network Engineer in Chicago, IL
    Former Employee - Corporate Network Engineer in Chicago, IL

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

    Pros

    Great place to gain experience into the financial industry., Great vacation Package, depends on the department, might let you work from home few days a week.

    Cons

    Unfortunately, the Cons exceed the Pros, they will promise you the world when to get you hired, its really hard to get a raise or a bonus if you don't suck up to the management, hey promote employees based on their race and social status within the company. Bonuses are just a number on the letter offer the sent you.

    Advice to ManagementAdvice

    Take care of your employees and improve the work environment, and get those unworthy mangers out (those who got the job cause they knew someone).

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  11. Lacking innovation

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    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)

    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

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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