SunGard Trading and Risk Systems Reviews | Glassdoor

SunGard Trading and Risk Systems Reviews

Updated July 8, 2017
27 reviews

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2.8
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Harold C. Finders
9 Ratings

27 Employee Reviews

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  1. "Outlook"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior IIS Administrator in Salem, NH
    Former Employee - Senior IIS Administrator in Salem, NH
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at SunGard Trading and Risk Systems (More than a year)

    Pros

    Great culture and environment to work in.

    Cons

    Nothing really to say here


  2. "Graduate Business Analyst"

    StarStarStarStarStar
    Former Employee - Graduate Business Analyst in Hopkins, MN
    Former Employee - Graduate Business Analyst in Hopkins, MN

    I worked at SunGard Trading and Risk Systems full-time (Less than a year)

    Pros

    Very relaxed and collaborative culture .

    Cons

    Hard progression and have to proactively look for challenging work.

  3. "It could be better"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Systems Engineer in New York, NY
    Former Employee - Systems Engineer in New York, NY
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at SunGard Trading and Risk Systems full-time

    Pros

    Good entering point for getting into finance plus technology industry if that's your desired career path. Your boss may be even younger than you. many locations. it had free company picnic every year.

    Cons

    Lack of opportunities.
    High turn-over rate for certain technology departments because company just cannot keep good people.

    Advice to Management

    management needs to focus like what they used to (prior to 2002). company really needs to invest on new technologies before it's too late.


  4. "Middle Management"

    StarStarStarStarStar
    • Career Opportunities
    • Comp & Benefits
    Former Employee - Head of Product Management and Business Development in New York, NY
    Former Employee - Head of Product Management and Business Development in New York, NY
    Doesn't Recommend
    Neutral Outlook

    I worked at SunGard Trading and Risk Systems full-time (More than 8 years)

    Pros

    No longer under private equity ownership

    Cons

    Revolving door of management and strategy, no consistent business plan. Conglomerate of independently functioning legacy companies who often compete int he same space and have large overlap of resources.

    Advice to Management

    Develop a consistent and clear strategy to the market, invest in research and development, and eliminate silos of ownership.


  5. "Not enough information"

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

    I worked at SunGard Trading and Risk Systems (Less than a year)

    Pros

    I liked the work, but the level of support was stressful.

    Cons

    The company did nothing to allow for alleviation of stress. No reason for reduction of force was given. No indication of insufficient job performance was given. No warning.


  6. "Financial Systems Division now disbanded"

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

    I worked at SunGard Trading and Risk Systems full-time (More than 5 years)

    Pros

    Rigorous code review and coding standards, and a well structured automated build and code depot.

    Cons

    Very insular group, not much room for upward mobility. Software products were clean but failed to maintain traction in the marketplace.


  7. "Good people, bad management"

    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 SunGard Trading and Risk Systems full-time (More than 3 years)

    Pros

    Good coworkers
    Work/Life balance
    Good locations with easy access to public transportation

    Cons

    Lack of career growth opportunities
    Management fails to set goals
    Wages are stagnant and below market rates
    Toxic atmosphere at some offices due to bad managers

    Advice to Management

    Work harder at getting your employees motivated and provide avenues to let them use their creativity.
    Allow for greater interaction between units. It would be great to be able to use an affiliate's software to improve business processes.

  8. "Fun initially. They had great plans. But when plans did not work every thing fell apart"

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

    Pros

    Company with big plans. They wanted to be a major players in all aspects of electronic trading. And they were well positioned to do so

    Cons

    They were basically a software company trying to now play the equity market. They did not know how that is done. They did not know the value of risk.

    Advice to Management

    You buy businesses as you go along. Either let them do what they are good at, or learn the system yourself and adapt


  9. Helpful (1)

    "Employees are just another resource to be squeezed"

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

    I worked at SunGard Trading and Risk Systems full-time (More than 3 years)

    Pros

    Large company with solid reputation and some great products. Some great people, but also a lot of middle management dinosaurs blocking the career paths.

    Cons

    The private equity team want to float this company but its too big so needs to be split up. The revenue is being squeezed to reduce the debt which means employees come second to cost cutting.

    Advice to Management

    Stop the death by a thousand cuts - work out your plan and just get the reorg over with.


  10. "SunGard was a decent place to work - highly dependent on which of the many areas you worked."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - No Comment in New York, NY
    Former Employee - No Comment in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at SunGard Trading and Risk Systems full-time (More than 3 years)

    Pros

    Good benefits. Decent salaries and bonuses (when paid).

    Cons

    Management is running the organization for the sole purposes of cashing out PE Firms.

    Advice to Management

    Treat employees as human beings.


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