IG - Learning experience but increasingly bureaucratic | Glassdoor
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Helpful (6)

"Learning experience but increasingly bureaucratic"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Technical Team Lead in London, England (UK)
Former Employee - Technical Team Lead in London, England (UK)
Recommends
Neutral Outlook
Disapproves of CEO

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

Pros

Some excellent tech people working here that you can really learn from.

Fast career development up to team lead due to very fast turnover of the better tech people.

Good offices. Good social scene. Work is genuinely fun.

Cons

Senior management very out of touch with the jobs people are doing.

The release procedure belongs in about 1998. Takes until 8am quite regularly and you have to stay up all night to do it. Of course people make mistakes having been up all night and it frequently goes wrong. Releases are only monthly because the procedure is so painful. There are some efforts to fix this but bureaucracy slows everything down and it is still very far from best practice.

Not really embracing Agile. Eg, QA is a separate team, there aren't members of QA on a project team. Some QA is outsourced to India but for every pound it saves two are wasted on the inevitable misunderstanding that result from QA being 4,000 miles away and not sitting in any of the meetings. It is quite common to get into the office and spend your first two hours explaining why the bugs raised by India QA are based on misunderstandings of the solution rather than actual defects.

Business managers who oversee tech projects don't really make the decisions, they just try to sit inbetween do-ers and deciders. This makes for some very weird Chinese whisper type conversations. The company recognised this but their solution was insane - more project managers so that now there is an extra link in the Chinese whispers chain.

A lot of work is little more than vanity projects designed to make somebody senior feel special because he gets to sign some big cheques. These projects are always arranged so that reliable metrics on their effectiveness can not be gathered.

Projects started without knowing what the project is for. A purpose gets bolted on later.

Advice to Management

You must know who the under-performers are in senior management. Get rid and replace with competent people. Empower teams. Don't talk about "innovation" as some mysterious abstract quality - actually foster innovation.

Turnover in IT is a big problem. It is just masked because the worse tech people stay for a long time. You're losing the best people because they can easily move on.

Let the people making the software talk directly to the people who want it to be made instead of jumping through so many weird hoops.

Other Employee Reviews for IG

  1. "Step into finance"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Junior Java Developer in London, England (UK)
    Current Employee - Junior Java Developer in London, England (UK)
    Recommends
    Neutral Outlook

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

    Pros

    - high available, low-latency systems
    - they use cutting-edge technologies (Spring, Ehcache, Terracotta, Spring Integration, JMS... )
    - failry automated release proces, performed by support team
    - continous integration, code reviews, moving towards TDD
    - good relaxed atmosphere
    - you can gain good knowledge about finance markets

    Cons

    - although there is a separate support team, you may be asked to be available on-line as an escalation person for your system during the weekend releases, which would be unpaid
    - some legacy projects has almost no tests (or even if they have, they are not in a high standard)


  2. "Sales"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Sales in London, England (UK)
    Former Employee - Sales in London, England (UK)
    Recommends
    Positive Outlook

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

    Pros

    Good camaraderie amongst peers, good technical department too. With their reputation in the market and commanding share of the market, this is a growing firm with some good prospects.

    Cons

    There may be some who are in the view of being promoted through the ranks quicker than others, which can be attributed to factors that are not directly concerned with how effective the employee is at his or her job.

There are newer employer reviews for IG
There are newer employer reviews for IG

See Most Recent

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