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My mother warned me about some places, but not this joint.... - IT Resource Newedge Employee Review

1.0
17 Apr 2013
Recommend
CEO approval
Business outlook

Pros

Nice offices, great real people on the floor, free fruit....

Cons

Management chain is incompetent and will suffocate anyone with skills or vision, Current Management has evolved from others leaving for better opportunities elsewhere or incompetence shipped offshore to Asia, some managers don't have any related skills within their managing area, lack of processes and standards throughout - locally and globally, teams dont have the same goals/visions across skill/area silos worldwide, serious lack of leadership and concept of future direction. People focus on acting "busy" rather than being productive, management support and berate about manual processes rather than proactive change and better productivity methods. Company also has huge negative focuses in relation to neither parent wanting it, consideration of splitting its business lines, constant surveillance with cameras on ceilings for watching staff and monitoring of work chat/messaging windows - don't dare tell others about Reuters broadcasts.... "did you intend to send that message?"...

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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