IFDS Reviews | Glassdoor

IFDS Reviews

Updated May 10, 2018
237 reviews

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2.7
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Katherine MacMillan
40 Ratings

237 Employee Reviews

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Pros
Cons
  • Senior management is pretty poor with some disastrous decisions being made in the UK in recent years which have wiped out any profits (in 24 reviews)

  • work life balance struggle and a lot of backbiting (in 10 reviews)

More Pros and Cons

  1. "CRM"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at IFDS full-time

    Pros

    Great people
    Industry leaders - SME

    Cons

    Pay/ bonus could be better
    Too many managerial levels in their structure

    Advice to Management

    New management since I left


  2. Helpful (3)

    "A mannequin could do a better job leading this company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Software Developer in Toronto, OH
    Current Employee - Senior Software Developer in Toronto, OH
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Office location in downtown Toronto

    Cons

    The President needs to be put out to pasture. Her inability to inspire her team, and her complete lack of business knowlege and experience leaves the company rudderless. The turnover in the senior leadership points to her. Comments such as "I would crawl over dead bodies to get my bonus" directly attributed to the CEO clearly show the tone and calibre of her leadership. DST and State Street, if you're listening, save yourself the high cost of placing an expat in Toronto and replace this leader by a wooden mannequin. You would achieve about the same level of leadership, and probably improve your ROI.

    Advice to Management

    Replace your HR department. No one in the company respects this collection of unskilled and abrassive misfits. There are some good people working in HR, but they're drowned out by the cacophony and maliciousness of others on the team. Again, look at the HR leadership and the leadership of the company to understand why the group is the way it is.
    Consider investing money to replace the core system. iFAST is about 10 years beyond its best by date.

  3. "Okayish"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Transfer Agent in Luxembourg (Luxembourg)
    Current Employee - Transfer Agent in Luxembourg (Luxembourg)
    Recommends
    Positive Outlook

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

    Pros

    - paid overtime
    - international atmosphere
    - good location
    - interesting experience

    Cons

    - not enough training/development opportunities
    - overtime
    - low flexibility in working hours


  4. "Greast place"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Great people and office facilities

    Cons

    None tha t i can tbink of


  5. "A lot of people I know would not work here or have left the company."

    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
    No opinion of CEO

    I worked at IFDS full-time

    Pros

    Various locations, so can work in a “local” or city environment. Large company so possibly opportunities to move to different departments.

    Cons

    Good induction program but poor on the job training. General lack of support and encouragement. Can be restrictive towards ideas put forward by new starters. Don’t expect large pay rises or bonuses, but expect long hours with lack of appreciation.

    Advice to Management

    Question the high turnover rates.


  6. "IT"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    location culture pace people ambition

    Cons

    direction priorities money - will have changed with new owners


  7. "Admin"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Dublin, Co. Dublin (Ireland)
    Former Employee - Anonymous Employee in Dublin, Co. Dublin (Ireland)
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at IFDS full-time (Less than a year)

    Pros

    Centralised location to Stephen’s Green/Grafton St

    Fully subsidised canteen with in house coffee barista

    Competitive salaries with pension and healthcare benefits

    Fantastic worklife balance

    Young workforce

    Cons

    Intense working culture, on occasion quite aggressive and demoralising

    Cross department tension

    Low staff morale, I often felt distressed and that I was walking on eggshells

    Advice to Management

    Attention to morale. When staff are nurtured and well treated they are easily retained and kept motivated to succeed. Team nights out/staff events are a great way to meet colleagues in different departments!

  8. "App Support Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    You can learn a lot here, good team

    Cons

    Too much stress and pressure


  9. "Transfer Agent"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Transfer Agent in Luxembourg (Luxembourg)
    Former Employee - Transfer Agent in Luxembourg (Luxembourg)
    Doesn't Recommend
    No opinion of CEO

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

    Pros

    Good to learn basics of fund investment. Good to get to know people.

    Cons

    There is a clear hierarchy. Due to overtime it's difficult to plan private life.


  10. "Poorly skilled, outdated, subject matter experts who call themselves architects."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Software Developer in Dublin, Co. Dublin (Ireland)
    Former Employee - Senior Software Developer in Dublin, Co. Dublin (Ireland)
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at IFDS full-time (Less than a year)

    Pros

    Colleagues in my team were lovely. Knowledgeable and highly capable but unfortunately working in an environment and atmosphere that doesn't allow them to show potential.

    Cons

    The architects and managers leading the show don't know anything better than the crap code they've been working in forever. They can't code, can't develop, can't design and THIS IS WHY Percana will always have those same dozen or so REALLY CRAP systems. You need to get rid of that team of pretend architects. No good developer should even consider this hole.

    Advice to Management

    Take a serious look over the 'talent' you have leading the architecture team there. Most of those architects are only working for you because they wouldn't get a job any place else. They are outdated, stubborn and stuck in their ways. If you want to prove that, make them sit a basic OOP exam.


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