SunGard Financial Systems Reviews

Former Employee – worked at SunGard Financial Systems full-time for more than 3 years

Pros – Lots of good products, business lines and services that cover every segment of financial markets.
Size & scope of company keeps SG products in the hunt for new business.

Cons – Company is too big with overlaping products/services that end of competing for same business.
Years of acquisitions have resulted in confusing corporate strategy.

Advice to Senior Management – Work harder to integrate various products into overall SG product suite. Need to move quicker on phasing out old technolgy & old products.

Yes, I would recommend this company to a friend

Former Employee – worked at SunGard Financial Systems full-time for more than 7 years

Pros – Good autonomy for the mid level consultant

Cons – No real career path to be sure

Advice to Senior Management – sasdsad

No, I would not recommend this company to a friend

Current Employee – been working at SunGard Financial Systems as a contractor for more than 3 years

Pros – If you refer someone and they stick it out the referral bonuses are great.

Cons – Constant management changes, not noticed for quality of work or lack of work.

No, I would not recommend this company to a friend

Former Employee – worked at SunGard Financial Systems full-time for more than 7 years

Pros – Big company, lots of diversification, global span.

Cons – Lack of product investment, profits come before innovation. Downward spiral is in motion, lots of change ie, management, consolidation, divestiture

Advice to Senior Management – Take a breather on financial performance and invest in your products.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

Former Employee – worked at SunGard Financial Systems full-time for more than 7 years

Pros – A lot of very nice, knowledgeable coworkers, great opportunities to learn and gain experience. Great work ethics.

Cons – The new senior management is cutting costs to the bone, probably to spin off units. Aside from a few exceptions, their HR organization is clueless.

Advice to Senior Management – Take better care of your staff. That's what makes a company. If you don't, you will keep losing the best and brightest.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

Former Employee – worked at SunGard Financial Systems full-time for more than 3 years

Pros – Large organization with products / clients that touch all parts of the financial industry. If you are curious, you can speak to people and learn a great deal. Employees are generally nice and share info. Good benefits. Work / life balance is achieveable.

Cons – Little room for upward mobility. You may get more responsibility, but not an increase in salary or title. The organization is poorly run and each product line acts like its own fiefdom. There is little collaboration among the groups. There are lots of politics behind the scenes.

Advice to Senior Management – Break down the walls between groups. Encourage / force working together. Maybe even restructure the whole org. Promote smart people and get rid of mediocre people.

Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

Former Employee – worked at SunGard Financial Systems full-time

Pros – Not much is pro at SunGard. Some large clients would be about it. No one seems to be happy; most employees appear miserable. Lots of overlay organizations, so you may find a group or role that is ok.

Cons – Bad place to work all things considered. There are much better places to go if you are lookiing.

Low/capped commissions provide little incentive if you are trying to hit high numbers. Make sure you obtain and read carefully the comp plan before you join!

Lousy management, heavily politicized with lots of changes of direction, brown-nosing, etc. This kind of culture stiffles innovation and productivity.

Advice to Senior Management – Get rid of them and restructure.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

Former Employee – worked at SunGard Financial Systems full-time for more than 8 years

Pros – Solid benefits package
Strong profit motivation
Bonuses when targets are achieved or exceeded
Focus on stability and redundancy in systems and services (a key success factor in Financial Services and in the 'corporate DNA' from the prior disaster recovery business history of SunGard)

Cons – Growth generally through acquisitions, rather than investing in existing product lines
Cost containment measures (profit motivation) yield regular rounds of outsourcing to India, China, Eastern Europe, limiting advancement opportunities in the US.
Regular 'right sizing' efforts to reduce product support staff and align with declining revenues in mature product lines - products are acquired at the mature phase, SunGard closely manages the out years in the product life to squeeze profits from aging inventory
Although there are many good people and also good jobs at SunGard, the atmosphere of outsourcing and limited R&D investment in product lines can be demoralizing over time.

Advice to Senior Management – Work harder to harness the creative capacity of staff.
Foster a culture of innovation. Even in mature businesses, innovative thinking is required to keep products competitive and relevant.
Be willing to make _more_ targeted investments, a number of smaller initiatives will yield more results than a small number of large initiatives hoping for the next 'killer app'.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

Former Employee – worked at SunGard Financial Systems full-time for more than 3 years

Pros – Down to earth people, maybe because many employees are software engineers / programmers
Good work/life balance, but there is also pressure to perform and hit targets, whether that's development or sales

Cons – Not the most upwardly mobile organization -- lack of clarity for junior people to get management experience and rise up the ranks

Advice to Senior Management – Communicate better with junior-level people because they have insights into the organizational structure and behavior that could positively impact sales/earnings if tweaked in the right way.

Yes, I would recommend this company to a friend

Former Employee – worked at SunGard Financial Systems full-time for more than 7 years

Pros – Culture of accountability, opportunities to do important and interesting work, top performers rewarded. Diverse technology infrastructure leading to many chances to learn new platforms.

Cons – Decentralized management structure of the corporate office meant there was additional overhead in making decisions about company-wide policies and benefits.

Advice to Senior Management – I feel that there could have been more emphasis (on an individual level) on how specific job roles could contribute to the overall strategic direction of the company.

Yes, I would recommend this company to a friend