Fundtech Reviews

3.0

50% would recommend to a friend

(147 total reviews)

Reuven Ben Menachem

65% approve of CEO

43% positive business outlook

Fundtech has an employee rating of 3.0 out of 5 stars, based on 147 company reviews on Glassdoor which indicates that most employees have an average working experience there. The Fundtech employee rating is 22% below average for employers within the Information Technology industry (3.9 stars).

Reviews by job title

147 reviews
1.0
5 Apr 2016

Corporate greed at it's finest...

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Most coworkers are enjoyable to work with.

Cons

-No bonuses or raise potential to anyone but exectuve management. -Culture that creates the expectation in which everyone is expected to be on-call 24/7, regardless of position/title. (Hourly or salary) -Disconnected senior management, or just don't care. -No accountability for management or senior staff, at all. -No concern for employee satisfaction, only concerned about new revenue and margins. -Nearly every product left to sink, laid off staff or fired them with no replacements, for years while 'dressing' up the company to look good enough to sell. -Exective management and sales teams knowingly, and willingly, selling products to new clients when those products will not be avialble to them. -Refusal of executive management to be proactive when staff raises issues of possible problems, in regards to HR and product related problems. -Constant attitude from management teams, towards the stafff, 'Who cares? It'll fix itself or they'll quit. We're not putting more money into it.' Executive management is so disconnected from the day-to-day operations that they actively refuse to listen to their staff, unless legal consequences result. Managers are beyond reproach, no matter how poorly they perform or how much money they cost the company with their decision making. Executive teams refuse to replace bad managers, or take responsibility for problems that said managers create. Instead, they use employees/staff under their management as scapegoats, not only to other internal departments and management, but also directly to external clients. Even while on-site or on the phone with the staff present, as they feel it is never managements fault for failures or missed dates. Those same management teams will promise the world to sign a new contract, knowing there isn't enough staff to complete the work in time, then force understaffed teams to meet their promises and are threatened with being let go if they don't work the 70+ hours every week to accomplish it. PTO is a thing of the past, which staff loses every year if they do not use it. No compensation for lost PTO from working too much. Possible class action lawsuits coming from former and present staff, due to overabundance of: sexist, bigoted, racist, hostile work environments, and overworking of staff to the point they are hospitalized from it.(Then demanding they continue to work from a hospital bed, or else...) This same senior management have continued to hide these issues in order to sell the company to D+H. (Formerly Bankserv/Fundtech) HR also worked with executive management to hide these facts for the sale.

1.0
29 Sept 2014

Horrible experience

Recommend
CEO approval
Business outlook

Pros

Except the name of the product nothing I guess

Cons

1>Politics 2>Senior leadership never worked in good/big organization so no vision atall. 3>Work ethics are poor in all kind of people including MGT and HR 4>They don't pay well so do not get people on board easily. 5>Once you decide to resign you are on Gods mercy:-( 6>Believe me if you are knowledgeable and has potential(now joinees of course) will resign within 2 years max.... 7>Senior people are there for years avg 8-10 years as they can't go anywhere else. 8>Max 7-10 people are ruling GCP but believe me they will never get a job outside:-). 9>I have heard that people who had created the benchmark product left the company already. 10>Please please read glass door all reviews and think twice before you join this organization..yes you heard right GCP.you will curse yourself by joining this company.. 11>Let me give you an example they can't get a knowledgable guy so they give promotion to a insider for whom people are leaving like anything.Interestingly they donot have backbone to announce that.Everything is hush hush LOL. 12>Senior Mgt needs to grow up and get some trg guys... 13>Last not the least talk about salary hike-they don't give or give 2-3% but for loyalty they give some benefits which again they can't announce.. I am looking out as well...Waiting for a breakthrough....:-)

1.0
25 Mar 2011

Stay away!!!

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

They pay you. That's it.

Cons

People in all functions are incompetent at their jobs. The management is all about cracking the whip rather than providing genuine leadership to help deliver value to customers. Stress is constant and unrelenting, and the management loves it that way.

Viewing 1 - 3 of 147 Reviews

Glassdoor has 149 Fundtech reviews submitted anonymously by Fundtech employees. Read employee reviews and ratings on Glassdoor to decide if Fundtech is right for you.