IFDS Group Employee Reviews
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Progressive technology to work with.
Advanced methodologies.
Excellent coffee machine, nice employee lounge with various team activities.
The people at IFDS were wonderful to work with.
Culture is bad mixed up with very bad politics. The company uses very very old technologies. You may forget your own skills on recent technologies. Higher level managers are biased and do not try to recognize actual developers.
IFDS is a Financial Data company with a product to support Financial Institutions manage their Transfer Agency for which the data conversion and operations are an important and critical pieces during on boarding processes. IFDS personnel take these activities seriously and aim for excellence from top to bottom. This is a fast paced environment that could become stressful at times which should be expected in these type of service industry.
Good pay, some employees are nice. Depending on which team you are in management can be a pain. Just trust issues all around. Need to figure out what you need to do without any real formal training at times. Constant changes to procedures depending on the team.
Wouldn't recommend working here, they overwork you, the salary is not fair and is not reflective of the amount of work you do. Difficult to get promoted
I love to work at IFDC. Management is great and co workers are very cooperative. Work as a team. Giving good time understand the systems. Great secure environment.
Based on my experience, IFDS is a typical employer within the financial services industry. Employees are expected to complete yearly reviews regarding client confidentiality and industry compliance. The workload is heavy and the expectations are high. They offer social activities to employees and engage in various charitable activities much the same as any other company in this industry.
The people at IFDS were wonderful to work with. Recent efforts to move into new markets do not appear to have gone as well as hoped. I wish them well on into the future.
The overall culture is non-existent. It all depends on your assignment and your boss, so you never know what you end up with. Great policy of 2 remote days a week, and decent benefits. Make sure you negotiate your vacation time with HR firmly before you accept the offer.
If in Operations or Client Services, Management expectation of staff is to work over 12 hour days. There is no worklife balance at any level.
Job security is non-existent. Staff consistently walks on eggshells. This company is full of politics, don't expect credit for any cost saving measures, etc.
Avoid at all costs.
The company goal is great, and it was expanding very fast. However, the training program is not good as bigger companies, not a lot of web-based learning opportunities. You learnt from your team members, but everyone had very different background, so the training was not very efficient and different people are doing thing different, errors could not be avoided.
Easy going atmosphere. Ability to be trained and work on multiple clients and operations processes. No work outside of the office creates a good work/life balance.
The people are great and the culture with colleagues and peers is great. Unfortunately senior management (VP and above) lacks imagination,direction and focus. The organization is not on a stable foundation and could be so much better if responsibility was taken at the executive level.
Just like mutufunds, entire company went downhill after 2005. Beaware of abusive managers, bad work/life balance, cliches, favoritism, backstabbers and unqualified management...
Pros
Downtown location
Cons
Everything
little growth with bad pay. repetitive work and bad perks
not good work environment and bad management
no guidelines and bad communication
should've value your employee more
-Great co-workers
-very good atmosphere, everyone is very helpful
-access to a big mix of technologies
-company phone, company laptop
-companu is not cheap on their employees
-Paid OT
Pros
Good atmosphere
Cons
None
Overhaul of management is required in order to prosper as an organization. Difficult to express new ideas as management is not willing to listen specifically in the regulatory department.
Workplace culture is like being back in high school, everyone is out to get you.
Most individuals are friendly and easy to get along but some individuals egos get in the way.
IFDS group is good company with highly recommended for work over there. I grew up personally and professionally while working at IFDS a lot. The most enjoyable part of job is my colleagues and working environment.
Pros
I can do work from home.
Cons
Not any
Great place to start your IT career. Management is supportive.
Progressive technology to work with.
Advanced methodologies.
Great employee lounge with various activities.
IFDS is good place to start and lot of learning and gained good amount knowledge. all the application build in java in FE and there is real chance to learn java in well versed pattern.
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