Markit Reviews

Updated August 4, 2015
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3.3
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Markit CEO Lance Uggla
Lance Uggla
24 Ratings

Pros
  • Work-life balance in most of the products but not all (in 34 reviews)

  • Domain Learning & independent working environment (in 18 reviews)

Cons
  • There are efforts to improve communication but there is a disconnect between senior management vision and the day to day for most employees (in 17 reviews)

  • Senior/middle management on the most part can be trusted about as far as you could throw them (in 13 reviews)

More Pros and Cons

48 Employee Reviews

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  1. Summer Intern

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Operations Summer Analyst in New York, NY
    Former Intern - Operations Summer Analyst in New York, NY
    Recommends
    Positive Outlook

    I worked at Markit as an intern (Less than a year)

    Pros

    Good intern program overall. Friendly and busy working environment. Provides many training sessions including lectures on business skills, the company's products and managers experience sharing talks

    Cons

    I have a good impression of the company overall. I couldn't remember any cons about my experience a summer intern.

    Advice to Management

    The computers and network I uses were pretty slow. Definitely upgrade the hardware.


  2. Associate

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

    Pros

    Unbelievably friendly, laid back working environment

    Cons

    none that I can think of. positive expericne


  3. My experience

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

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

    Pros

    Markit has a great culture, the social environment is nourishing and the people are phenomenal.

    Cons

    Management needs restructuring, especially the HR department.


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  5. Nice place to work

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Pricing Analyst in New York, NY
    Current Employee - Pricing Analyst in New York, NY
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    Pros

    The coworkers are nice and the office is centrally located.

    Cons

    Benefits kind of suck. Only started matching 401K contributions recently.


  6. Helpful (1)

    A bouquet of chaos

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in New York, NY
    Current Employee - Vice President in New York, NY
    Recommends
    Neutral Outlook

    I have been working at Markit full-time (More than 5 years)

    Pros

    Mid level colleagues are friendly for the most part, which makes the day-to-day work tolerable. There are a lot of moving parts and groups within the structure of the company. This makes for an exciting and challenging work environment. Its a technology company, with a banking feel, but not necessarily the strict rules or long hours.

    Cons

    While the environment is not toxic, it is dysfunctional. The travel policy is atrocious. If your position requires you to travel, it helps to be open-minded and easy-going because nothing about the policy is says "Corporate Travel". There are WAY too many managers managing other managers at this company, and no one is held accountable for missed objectives, rogue processes, bugs or data breaches. At some point, they are going to realize they have 10 people doing the exact same job for the exact same clients, but because there is a serious lack of communication, and an over-zealous upper management need to acquire companies without truly integrating them, its a problem. The clients will just have to deal with it until the execs grow the balls to resolve the issue...the "if it ain't broke..." mentality.

    Advice to Management

    Metrics based management without micro-managing should be the goal. Some companies have to "trim fat", this one really just needs to trim the bs. Otherwise, this is not a bad company to work for if someone is truly interested in working in the high-tech financial vender space.


  7. Decent place to work, has gotten overly political and bureaucratic and less growth oriented over the past few years.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Assistant Vice President in New York, NY
    Former Employee - Assistant Vice President in New York, NY
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at Markit (More than 5 years)

    Pros

    Salary is decent. Some smart people, many successful products and huge client base. Not a huge demand to work long hours or weekends, so good work-life balance. Many offices all over the world.

    Cons

    Difficult to progress unless you spend most of your energy figuring out who you need to become close with to help you get promoted. Company seems to be satisfied with having very stagnant employees. Not very ambitious culture. Lots of closed door meetings, Very little transparency internally.

    Advice to Management

    Provide more clear ways for employees to advance their careers. If you are promoting transparency in the financial industry you should be transparent internally!


  8. Good technology company within financial industry

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in New York, NY
    Current Employee - Vice President in New York, NY
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Markit full-time (More than 5 years)

    Pros

    fast growing company, tones of opportunity to develop your career, good benefits, 401k matching. bonus is competitive

    Cons

    project timelines are not very realistic, company is focusing heavily offshore. teams are located in too many geographical locations

    Advice to Management

    company can benefit from some consolidation


  9. Decent place to start your financial career

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Assistant Vice President in New York, NY
    Former Employee - Assistant Vice President in New York, NY
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Relatively laid-back environment; decent pay; good place for someone to start his/her career

    Cons

    Could be difficult to advance your career beyond certain point if you are not under the right manager, but I guess this is true of most companies. Work could get a bit repetitive after a while.


  10. Helpful (8)

    A glossy sheen covers up a far darker story

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Director in New York, NY
    Former Employee - Director in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Markit, in spite of itself hires some incredibly talented professionals. A very select group of managing directors can be viewed as true leaders - only one is part of the executive team, sadly.

    Cons

    Well, let's start with the chaotic, rudderless leadership. Decision making is an abstract process - driven by ego, not strategy. Technology and new product development is about 10 years behind other market data providers. A select few "leaders" are completely unhinged - their personal issues on full display driving normal colleagues to despair and hastened exit strategies. Side show sums it up best - especially in NYC.

    Advice to Management

    Hire professionals who are normal, enthusiastic, provide direction and support. Act accordingly.


  11. Positive memories

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Director in New York, NY
    Former Employee - Director in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    -Strong entrepreneurial culture -Meritocracy -Opportunity to work in different roles/products if you can innovate and reinvent yourself -Great exposure to clients and many facets of the financial markets

    Cons

    I must enter at least 5 words



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