IFDS Group Employee Reviews
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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.
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 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.
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.
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.
I can do work from home.