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If you enjoy a lack of opportunities, leadership, and an apathetic work environment then this is the place for you. - Associate Director Newedge Employee Review

1.0
12 Aug 2011
Recommend
CEO approval
Business outlook

Pros

It's a job and the resulting paycheck. To be fair, there are some very smart people working at this company and you can learn a lot IF you are driven and show the desire. Unfortunately that number grows smaller each month as more and more people get fed up with the numerous problems this company faces and move their talents elsewhere. Sadly it's the people that can move that do, the people that can't stay. In the end, we bring in people that aren't able to achieve 1/10th of what their predecessor were (albeit to a certain degree understandable), so the revolving door cycle starts anew; resulting in a domino effect on both productivity and morale.

Cons

Numerous; poor systems, poor management, poor career mobility and progression. I have never worked in a company before where can you physically feel the dissatisfaction in the air. Alas, I am a current employee; but like roughly 80% of all non-sales employees I am biding my time until the job market picks up and then leaving this godforsaken, misguided company as fast as I can.

Explore other reviews about Newedge

5.0
7 Mar 2017
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Great company with great people working in it.

Cons

Some tasks might be redundant if you're just starting out.

4.0
18 June 2013
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Seeing some negative things out here about my company. Some justified...most not. I've worked in financial services for 20+ years, and in my opinion Newedge is still a good place to grow. Benefits from my perspective is the size of the firm relative to our leadership position and the global scale of our operations. Firm size is relatively small at around 2,700. The team I work with is very thin. I've worked at the large shops and prefer the Newedge atmosphere as I find it more rewarding. Smaller teams mean the opportunity to learn more on any project. You also have more direct control for a project's success and means to completion. This is the first global firm I have worked for. Although the hours are not always ideal, in my role I do get to interact with colleagues around the globe. That perspective and experience is beneficial for this role and whatever may be next for me down the road.

Cons

FCMs have had a rough road the last few years and that has had a cascading effect throughout the industry and at Newedge. A side effect of all of this is greater regulatory scrutiny which in turn equates to more checkpoints. Internal/external audit, reporting, compliance oversight are all at fairly elevated levels. The volume of forms to be completed for this request or that request seems overly bureaucratic at times. This all makes the completion of projects that much more challenging.

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