NOMIS SOLUTIONS Reviews | Glassdoor

NOMIS SOLUTIONS Reviews

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4.0
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Frank Rohde
13 Ratings

28 Employee Reviews

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  1. Helpful (6)

    "Complex, Challenging, Rewarding"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Individual Contributor in San Bruno, CA
    Current Employee - Individual Contributor in San Bruno, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at NOMIS SOLUTIONS full-time

    Pros

    1.) Great, hard-working coworkers who bring their full personalities to work every day.

    2.) Get to solve real challenges for huge (household name) clients in the retail banking space.

    3.) MUCH IMPROVED work culture. Gone are the days of poor documentation, black box decision-making, and a lack of individual accountability. Here to stay are processes that enforce transparency, track accountability, empower technical decision-making at the right level, and empower those willing to step up and take responsibility. Employees are now asked to do their homework, lay out all the options, and get buy-in on the best path forward before proceeding. Nothing revolutionary here – just a solid way to ensure the right decisions are being made.

    4.) Fun office events and lots of perks (big pantry, free meals, ping pong, foosball, smoothies, fitness days, community service days, shuttle service to BART/Caltrain, etc.).

    5.) Work from home policy is flexible and work-life balance is commendable.

    6.) Many avenues to direct feedback. HR is great and if there is anything you want to share with the CEO you can schedule lunch with him. VPs and Managers (in my experience) are willing and able to talk with you about anything you have a concern about.

    7.) The culture is young, but professional. Intellectual, but not elitist. A previous review mentioning an instance of sexism comes as a bit of a shock, as the office culture is not fratty.

    8.) Everyone knows everyone and people give you the time of day.

    9.) Communication of the product vision has gotten much better in recent times and the future looks exciting.

    10.) The work is incredibly challenging. Nothing is easy. Client data systems are complicated, the analytics are not trivial, user testing is challenging to carry out, clients have extensive documentation requirements, sales cycles are very long, and debugging software written years ago can cause headaches. The work is not for the faint of heart, but nor is it impossible. People who ask questions, have an eagerness to learn, work well in teams, are ambitious with what they want to get out of their career, and are looking for a challenging but fulfilling experience do well here.

    Cons

    The company has progressed leaps and bounds in the past few years on its pivot from a consulting-centric financial services company to a hybrid enterprise software / SaaS business. The journey is not completely over, but Nomis is very much on its way. A pivot of that magnitude has inevitably rubbed some the wrong way, especially as the work culture has had to change to foster the productivity levels required to scale the product and business sufficiently.

    1.) Not everyone at the company understands what it means to build a truly scalable, sustainable, and profitable business. Not everyone who left did either. This lack of understanding has led to disagreements in the past on focus and priority. Better communication and reinforcement from the top that the new culture is what is needed to get the stock price to where we all want it to be is important for keeping everyone motivated.

    2.) As is common with enterprise software companies, there is a natural resource trade-off between supporting existing customers and building future software. In the past, there were times when the future was not considered as heavily as it should have been, and the effects of this are being felt today in some cases. As such, this has meant not everyone has been happy with how they have had to spend a portion of their time. Management has become more aware and sympathetic of this recently, but it is nonetheless still a reality of working at Nomis.

    3.) Nomis software is critical to decision-making for our clients. As such, they have high demands, and it has sometimes been challenging to ensure complete client understanding and satisfaction. Flying executive clients to the Nomis office to meet and greet the folks doing the work has been a tremendous help recently, but more should be done to articulate the exact reasons why Nomis is valuable to each of them (as there are many clients and this tends to differ by client).

    Advice to Management

    Keep encouraging, supporting, and reinforcing the new work culture. Acknowledge the people who are leading the charge on this.

    Be realistic about the path forward. The growth targets are sizable, though achievable if the right focus is given to perform the work needed. Too many distractions via ad-hoc work, though useful for this year’s financials, have a chance of hurting long term growth by slowing down the building of future revenue-generating products. Obviously there is a balance that must be reached, but continue to question whether or not we are where we should realistically be on this.


  2. Helpful (5)

    "Great people, great opportunities"

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

    I have been working at NOMIS SOLUTIONS full-time

    Pros

    - Smart people from which you will learn about modeling customer behavior, big data, banking, software development and have a blast while helping an industry move forward.
    - Opportunities for career growth in the B2B FinTech space and work with the biggest name in banking.
    - Nomis is changing the way banks think about customer behavior, pricing strategies and execution.
    - Willingness of the leaders of the organization to listen and receive feedback from peers. Great working culture.

    Cons

    - The company has focused too much on sales and revenue growth, at the expense of other areas.
    - There are overlapping roles that create unnecessary friction.

    Advice to Management

    Keep the drive towards a scalable software offering. Say No to bad deals. Improve offers for technical roles to match the highly competitive job market.


  3. Helpful (5)

    "Poised for Success"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in San Bruno, CA
    Current Employee - Anonymous Employee in San Bruno, CA
    Recommends
    Positive Outlook

    Pros

    - Disrupting an inefficient market with a cutting edge analytics and data infrastructure
    - Working with top 20 banks in the US/Canada, building on the sales momentum
    - Opportunity to make an impact on day 1 - Startup feel in a more mature company
    - Ability to work in cross functional teams on a variety of different projects
    - Substantial upside opportunity given the product vision to be the platform for all bank pricing and offer intelligence
    - Great work life balance

    Cons

    - Breaking away from the pull of the past takes time, effort, and the right people
    - B2B SaaS in Banking can be a challenge as large clients tend to want control - not for the faint of heart!

    Advice to Management

    - Continue to invest in your people such that we can execute on the vision
    - Hire more doers


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  5. Helpful (2)

    "Slow growth, No sense of direction and lot of attrition"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Modeling Analyst in San Bruno, CA
    Former Employee - Modeling Analyst in San Bruno, CA
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at NOMIS SOLUTIONS full-time

    Pros

    For the size of the company, Nomis has good benefits (not salary or bonus though!) The teams are awesome and have frequent happy hours, outdoor events and such. The CEO is awesome and the product is super complex and technical allowing you to improve your skill set in a fast paced environment.

    Cons

    Pay sucks and the hierarchy is weird with managers having only one employee reporting to them, Lots of Directors doing nothing and Product managers that suck at defining the product future. It is a really top heavy company and most of the people who stayed there building it are either leaving for better jobs or are let go. New hires get paid more than key people and they are really vague on the direction of the company.
    The company is so focused on a few key clients that they bleed money on them. Lost out on a lot of other customers because the focus was not right. Outdated technology stack is also slowing progress.

    Advice to Management

    The management needs to identify people who actually perform and get rid of the smart talkers that do nothing. Provide better information on the stock options and stop wasting options on people that don't perform! Recruitment sucks and I have seen non-Engineers interview candidates for engineering roles as well as devOps people interviewing data scientists!


  6. Helpful (1)

    "Working at Nomis"

    Star Star Star Star Star
    Former Employee - Software Development Manager in San Bruno, CA
    Former Employee - Software Development Manager in San Bruno, CA
    Recommends
    Positive Outlook

    I worked at NOMIS SOLUTIONS (More than a year)

    Pros

    Great people, great work culture

    Cons

    None whatsoever, the management is great

    Advice to Management

    Great direction


  7. "Product"

    Star Star Star Star Star
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Approves of CEO

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

    Pros

    The CEO is good.
    You will meet some smart people.
    Sales organization is smart & the reason why the company is still around.

    Cons

    No sense of direction or real support from middle management,expect a new employee to figure out strategy & execution with little to no resources
    Head of the product organization had the worst communication skills one could imagine. Good at managing up but not at empowering employees.
    Not a product company, more of a software services company

    Advice to Management

    Figure out product-market fit and build a product that customers actually want.


  8. Helpful (1)

    "Tremendous professional growth"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Devops Engineer in San Bruno, CA
    Former Employee - Devops Engineer in San Bruno, CA
    Neutral Outlook
    Approves of CEO

    I worked at NOMIS SOLUTIONS full-time

    Pros

    It was a perfect bring your own skills environment for a DevOps. You were given a blank slate to solve issues and improve process.

    Cons

    Pains of growth and sometimes lack of direction.


  9. Helpful (1)

    "Great customers, challenging internal politics"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in San Bruno, CA
    Current Employee - Anonymous Employee in San Bruno, CA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at NOMIS SOLUTIONS full-time (More than 3 years)

    Pros

    Collaborative culture, solving interesting problems, great customers. Nomis drives value for its customers and that shows in their customer relationships and high contract renewal rate.

    Cons

    The politics can be overwhelming. The leadership team is not consistently aligned, creating challenges around strategic planning and prioritization. While positive, the rapid growth has created some strain on the culture but there is a concerted effort to address that challenge.


  10. Helpful (1)

    "A really good company to work for"

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

    Pros

    Nomis is a great company to work for. It is small enough that one does not have to deal with politics to get things done. It is very rewarding to see the difference your contributions make. Also it is not so small that there are no processes in place and one has to put in tons of extra hours to get something done. People work very reasonable hours.

    Cons

    I personally do not see a lot of downside, aside from the commute. The company is located in San Bruno. Although the office is a short walk from the Caltrain station, since this station is not a bullet train stop, coming from Sunnyvale or beyond can be time consuming.

    Advice to Management

    The management has a very clear strategy to grow the company and the determination to invest in strengthening the core competencies.


  11. "Innovative and friendly environment"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in San Bruno, CA
    Current Employee - Anonymous Employee in San Bruno, CA
    Recommends
    Positive Outlook

    I have been working at NOMIS SOLUTIONS full-time (Less than a year)

    Pros

    The company is nimble enough to adapt quickly to change. People are smart and friendly, and the culture is diverse and accommodating. Work/life balance is respected by management. There are many opportunities to learn and grow, as well as mentors to guide that growth.

    Cons

    Rapidly-changing objectives create uncertainty and stress.

    Advice to Management

    Continue to embrace change and manage the inevitable chaos it brings.



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