Trading Technologies
2.9 of 5 45 reviews
www.tradingtechnologies.com Chicago, IL 150 to 499 Employees

Trading Technologies Reviews

Updated Jun 14, 2014

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2.9 45 reviews

                             

30% Approve of the CEO

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Rick Lane

(10 ratings)

45% of employees recommend this company to a friend
45 Employee Reviews
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    1 person found this helpful  

    Good employees, bad work quality

    Anonymous Employee (Current Employee)

    ProsGood employees
    Great job-life balance
    Good perks like game room, free beer, good kitchen and generous PTO.

    ConsNot a challenging environment. If you want to retire and nothing left to achieve than really great company to work for, otherwise look for some place else.

    Advice to Senior ManagementChallenge employees with new exciting projects, just nice perks, on TV interviews and you tube videos won't make "cool" company.

    No, I would not recommend this company to a friend

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    4 people found this helpful  

    Great Engineers, Awful Managers.

    Systems Administrator (Current Employee)
    Chicago, IL

    ProsThere are many brilliant and talented software, systems and network engineers at TT and you can learn alot if you work hard and know how to listen.

    ConsManagement at EVERY level in ALMOST EVERY department is at the best ineffective and at the worst destructive.
    Most managers are more concerned with their own ego and job security than with the quality of their employees' work or the products they create/support.

    Throughout the whole company there are maybe 5 managers who are even remotely capable of doing the jobs of their subordinates or even understanding the technical things they do on a day to day level.

    Advice to Senior ManagementClean house and hire people that are skilled, passionate, and willing to work together, rather than sit around and collect a paycheck while pushing blame on one another.

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

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    3 people found this helpful  

    TT has some great employee perks

    Anonymous Employee (Former Employee)
    Chicago, IL

    ProsFully stocked snack room with bagels every day and they even have a bar in the office now with a game room upstairs. Aside from employee perks, there a lot of really smart people working at TT that are always willing to help others and share knowledge.

    ConsWith all of the reorganization that happens at TT, you would think there would be less dead weight, but once you get to the middle management area there are a bunch of people who do not deserve a paycheck.

    Then on top of that, you have management from different departments actively trying to not work together(between departments) because they have some personal beef. This hindered productivity and on several occasions we were building redundant systems instead of utilizing ones that were already in production.

    Lastly, security at this place is a complete joke. For example, they give level 1 helpdesk employees full admin/root access from day one.

    Advice to Senior ManagementStop saying no so much, and try to keep a more open-mind when your employees are telling you things.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    7 people found this helpful  

    Future uncertain, morale low

    Anonymous Employee (Current Employee)

    Pros--Awesome, smart employees.
    --Next generation software will be built on latest technologies which presents opportunity to learn new stuff.
    --Free breakfast everyday, free snacks all day.
    --Game room and bar.
    --Flexible work schedule, WFH option, good vacation package, tuition reimbursement.

    Cons-- There was a major shift in company direction a few months back which caused a mass panic in the company. A lot of talented people have left in the last couple of months. Employees have no clear direction on their future. The roles of many employees are unclear (no one really knows what they will be doing in the future). This has led to very low morale.

    Advice to Senior ManagementStop taking random decisions and make sure you have a clear vision. The company vision cannot change every few months. Please understand that your random decisions, CTO/CEO changes etc have a very demoralizing effect on the employees. Create an environment where your employees feel valued and have job security. If people are happy and motivated, they will deliver excellent results.

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

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    7 people found this helpful  

    This is the end...

    Software Engineer (Current Employee)
    Chicago, IL

    ProsFree food/beer.
    Lax work environment (shorts and sandals).
    No deadlines.
    If you work from 8:55 - 5:05, you are the first one in and the last one out.
    I would say smart people, but for every genius there seem to be two imbeciles.

    ConsHorrid management. From the top down - in almost every department.
    Zero communication across departments at management level.
    Secret bonus program that only pays out to certain developers, but no insight on what it takes to get a bonus or why certain people get them. Certainly has nothing to do with results.
    Half-baked implementation of good ideas regarding process, goals, evaluations, operations.

    Advice to Senior ManagementPut someone in charge that knows how to have a vision, communicate that vision, and execute. Current CEO is arguably a whiz at tech, but is not able to communicate his vision with any clarity and doesn't have the leadership skills to build buy-in from the rank and file. Doesn't seem to know how to delegate and demand results. Most people are currently motivated by fear and put zero trust into anything he says. Even those on the inner circle can't hide that they don't respect him.

    He isn't going to change. Harris will have to step in and save the day... again. I just wonder if it will be too late.

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

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    Amazing People and Flexible work environment

    Anonymous Employee (Current Employee)

    Pros- Good company to start your career
    - Flexible work environment
    - Very nice people

    Cons- Lack of external training programs

    Yes, I would recommend this company to a friend

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    Great place, laid back and intense. Focused on the goal. Innovative and supportive

    Anonymous Employee (Current Employee)
    Chicago, IL

    ProsAble to work amongst the best and brightest in the field. Brilliant people all wishing to excel And they are all on the same page

    ConsLeadership that Indiscriminately cleans house once in a while without understanding what's really needed then assigning people new responsibilities they aren't prepared to deliver.

    Advice to Senior ManagementEncourage cross functional teaming and tie success to achieving that. Measure results based on well researched and verified facts.

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

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    6 people found this helpful  

    A case study of missed opportunites

    Anonymous Employee (Current Employee)

    ProsDespite multiple changes in strategy over the past few years and two highly ineffectual (fired) CTOs prior, TT has quality employees that still strive to deliver the best products and service for their customers.

    ConsThe aforementioned years of poor CTO "leadership" took a company that was a clear market leader and turned it into an also ran. TT is now committed to a software platform explicitly designed to eliminate the flagship product and all the developers, support, and sales that go with it. Result is droves of very talented people walking out the door and customers on the ropes regarding their future with TT.

    Advice to Senior ManagementAsk your paying customers what they want, value, need and like about TT rather than just developing something because the technology exists to do so. Be wary of agents paid to tell you what you want to hear.

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

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    6 people found this helpful  

    Morale is low and company is losing talented people

    Anonymous Employee (Current Employee)
    Chicago, IL

    ProsFlexible working hours, great working from home policy and friendly co-workers. There's now a brand new kitchen and game room that are both fantastic.

    ConsThis company used to be a great place to work but the climate has changed within the last year. The employees at TT are exceptionally smart and friendly. They produce great products due to their sense of ownership and pride. Unfortunately, the change in upper management has resulted in several head-count reductions since last year and the atmosphere is full of of uncertainty and mistrust.

    With the changes in company objectives, both the employees as well as the clients have concerns about the future of TT products. Most of us are not confident in the new platform since we don't believe in it, but are simply doing what we've been told in order to keep our jobs. The way upper management implements projects demonstrates a complete lack of planning and execution. This has resulted in low morale throughout the company and some extremely talented employees have left TT because of this drop in morale. An extensive brain-drain might happen very soon. I feel like this place does not currently provide a good career path nor any opportunity for growth. It feels like the enjoyment of work has been taken out of the work place and that the company continues going in the wrong direction.

    Advice to Senior ManagementValue the people instead of spending big money on gadgets.

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

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    4 people found this helpful  

    Very lean looking to get leaner....

    Anonymous Employee (Former Employee)
    Chicago, IL

    ProsStrong technology professionals and challenging projects. The recruiting department did a great job of recruiting good culture fits while the HR department did their best to maintain a great culture. Fun people to work with.

    ConsConstant reorganizations and what appears to be annual RIFs. Recently they downsized a floor and signed a new lease. No future growth opportunities. Moral is very low.

    Advice to Senior ManagementHire more experienced senior executives and sell the company.

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

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