DTCC Reviews | Glassdoor

DTCC Reviews

Updated August 16, 2018
409 reviews

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3.6
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DTCC President & CEO Michael C. Bodson
Michael C. Bodson
193 Ratings

409 Employee Reviews

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  1. "Working at DTCC out of college"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at DTCC full-time

    Pros

    Great place to work out of college.

    Cons

    There are no cons to working here


  2. "Good employer, challenging environment"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Jersey City, NJ
    Current Employee - Anonymous Employee in Jersey City, NJ
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Strong focus on employee engagement;
    Flexible working arrangements;
    Exposure to working with new technologies;
    Embracing agility across IT and the entire enterprise

    Cons

    Work/life balance difficult to achieve in supporting global financial systems;
    Silo mentality exists (beyond business lines) resulting in high reliance on processes that are challenging to navigate. High level of focus on better collaboration and agility to address;
    Many disruptive forces (IT, regulatory, political climate) influencing environment

  3. Helpful (1)

    "Loosing its way."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at DTCC full-time

    Pros

    working remotely allowed once per week.

    Cons

    To much procedures to follow and too many meetings, giving less time for actual work.

    Advice to Management

    Give more control and power to engineers.


  4. Helpful (1)

    "Director, Product Manager"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Positive Outlook
    Approves of CEO

    I worked at DTCC full-time

    Pros

    innovative when it comes to processes and ideas connected to settlement, its core business

    Cons

    difficult culture as many employees have been working there for their entire careers and are not open to change


  5. "Great Company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at DTCC full-time (More than 10 years)

    Pros

    Wear many hats preventing boredom

    Cons

    Sometimes multitasking can be too much

    Advice to Management

    Recognize accomplishments of team

    DTCC Response

    Aug 1, 2018 – Global Team Lead Talent

    Thank you for your review


  6. Helpful (1)

    "Some glimpses of bright potential, but still a ways to go"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Coppell, TX
    Former Employee - Anonymous Employee in Coppell, TX
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Some forward and open minded associates and executives
    Some good leading technology in spots
    Good foundational business
    Solid values
    Solid compensation packages

    Cons

    Too many associates not embracing the true DTCC of the now and the true culture shift.
    Executives often more worried about KPI's and perception than they are reality. Reality changes the true issues, which in turn makes the cultural changes you desire.
    Lack of transparency coupled with back room politics.

    Advice to Management

    When you set a goal and a mission, stick to it. Give your mgmt team enough time to coach the teams into the change and execute if i is a true shift in behavior. These things don't happen over night. Trust in them, because they trust in you.
    Keep working towards modernization in both your product lines as well as technology. You are headed in some good directions but in some areas you still have a ways to mature.

    DTCC Response

    Aug 1, 2018 – Global Team Lead Talent

    Thank you for your review


  7. Helpful (1)

    "Just my point of view"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Software Engineer
    Current Employee - Software Engineer
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I have been working at DTCC full-time (More than a year)

    Pros

    The compensation, benefits, and PTO are good. That's really the only thing anybody likes about working here.

    Cons

    The company is owned by the banks and has virtually no competition and thus nobody cares about anything. The smallest things take forever to get done.

    Management is not very qualified to lead highly technical projects (which seniors devs can probably sniff out during their interviews) so we bring in sub-par, offshore contractors who consistently under deliver.

    Advice to Management

    Stop hiring consultants. They are here to take our money and leave. They don't care about pushing good code or good products to our clients. Take this from one of your developers with his 'boots on the ground'.

    DTCC Response

    Aug 1, 2018 – Global Team Lead Talent

    Thank you for your review

  8. "Software Project Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Excellent benefits. Liberal work from home policy.

    Cons

    Difficult to advance in AD.

    DTCC Response

    Jul 6, 2018 – Global Team Lead Talent

    Thank you for your review


  9. Helpful (1)

    "A great place to start and end your career"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great mentors and opportunities to learn early in your career!

    Cons

    DTCC has made great strides in the past couple years to feel more collaborative, agile and attractive for young talent, but they continue to struggle with providing new opportunities to keep them interested after a few years.

    Advice to Management

    Eliminate long tenured middle layers of leadership.

    DTCC Response

    Jul 6, 2018 – Global Team Lead Talent

    Thank you for your review


  10. Helpful (1)

    "Sr Network Architect"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Dallas, TX
    Former Employee - Anonymous Employee in Dallas, TX
    Doesn't Recommend
    Neutral Outlook

    I worked at DTCC full-time (More than 8 years)

    Pros

    Ability to work with a great number of technologies, routers, switches, load balancers, Proxies, Riverbed optimizers, interceptors, Gigamon and many other devices.

    Cons

    Management has place their trust in team members that don't understand the busiess.

    Advice to Management

    Trust the team members that have some history with the core business of the company.


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