Interactive Data Reviews

Updated July 1, 2015
186 reviews filtered by
  • Any Location
  • Any Job Title
  • Full-time
  • Part-time
Employment Status

Reset

186 Employee Reviews

Sort: Popular Rating Date
  1. Helpful (3)

    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 Management

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


  2. 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.


  3. 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.


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


  5. The worst Company to work for!

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

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

    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 Management

    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).


  6. Helpful (4)

    Good vacation package, interesting work. Bad work environment

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

    I have been working at Interactive Data

    Pros

    Good benefits, vacation package. Senior management is trying hard to garner control and tighten up processes. So the work is interesting and challenging.

    Cons

    Unfortunately the Cons severely outweigh the Pros. There is very little room for advancement. Managers do not do much to promote their staff.

    Review time is kind of a joke. It is impossible to get anything above a "completely meets requirements". Because as soon as you go above and beyond what is expected, they ask for even more. That cycle goes on for the entire year. So at the end of the year, it is thank you for doing all that we asked. Very disheartening that they do not even acknowledge the effort. Makes you just stop trying to "reach for greatness".

    Love the work, dislike the corporate culture.


  7. 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


  8. 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.


  9. 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


  10. MIS

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Interactive Data

    Pros

    benefits, culture, compensation, community, personal growth

    Cons

    vc firms own company and cost cutting makes it difficult to maintain morale


  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.



Showing 186 of 192 reviews
Reset Filters
RSS Feed </> Embed

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