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      Cachematrix

      Part of BlackRock

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      Cachematrix reviews

      Dev Team is overworked and underappreciated - Anonymous employee Cachematrix Employee Review

      2.0
      Oct 25, 2013
      Anonymous employee
      Recommend
      CEO approval
      Business outlook

      Pros

      Despite erratic management on the dev team, somehow hiring (when I was there) was fantastic - the people you work with and collaborate with day-to-day are fantastic. I can't vouch for those left/newly hired - almost everyone I knew is gone within a 2 year period. The company does provide support for professional benefits, and you get quit a lot of time off throughout the year. If you've proven yourself, sometimes extended vacations with some remote work are approved.

      Cons

      High Turnover - especially for a small team! Most of those great folks I knew have left the company, so I can't vouch for those still there. Even some of the die-hard loyalists threw in the towel, driven away by too much work with too few resources. Management could be erratic - You were the Golden Child one day, a Red-Headed Stepchild the next for no cause. Internal processes are heavy and cumbersome - lots of processes to follow not because they add value, but because its already implemented, even if useless/counterproductive. Management continues to insist "We are Agile!"; an ironic claim at best - the actual process is an uncomfortable blend of CMMI and Agile, weighed down by legacy processes with little interest in actually implementing Best Practices. Complaints were filed, investigations opened multiple times against particular managers, yet despite the team coming out almost unanimously with a bevy of complaints and concerns (not to mention some scathing exit interviews), almost nothing was done (I believe some sort of short class). I have complaints on a personal note, but I don't feel they are necessarily relevant for others...

      avatar
      Cachematrix Response
      11y
      We appreciate this associate’s comments and praise for certain aspects of their employment during their tenure with us. We are very focused on retaining talent, but cannot predict outcomes especially when employees are sometimes called upon to sacrifice and give back during changes in our industry, client needs or growth. While change is sometimes difficult to experience, we have always tried to reward those employees who continue to deliver in such times. There are many different management styles and sometimes there may be perceived conflicts when employee and manager expectations or opinions differ. As noted, we have a system that allows for raising grievances in a safe environment so that employees can feel their opinions are heard and considered.

      Explore other reviews about Cachematrix

      5.0
      Nov 4, 2021
      Senior software developer
      Recommend
      CEO approval
      Business outlook

      Pros

      Lots of opportunity to grow now that BlackRock owes them. India Software Team to assist with Software Development. Open Door Policies for access to Executive Staff.

      Cons

      Lack of resources at times due to talent pool.

      4.0
      Nov 24, 2014
      Anonymous employee
      Recommend
      CEO approval
      Business outlook

      Pros

      Cutting Edge technology - In general financial industry is slow to adopt new technology, CacheMatrix on other hand embrace, adopts and supports all new technology. To give example, it was one of the first few company in US to upgrade its development platform to Visual studio 2012. Robust Architecture - With continues enhancement to new trends and concepts, its architecture is robust, scalable, secure. It is supporting its customer for more than 8 years now. Onsite-Offshore model - In general onsite-offshore model has many challenges, I have worked with many big organization and they are no exception. To list down few of the challenges which includes lack of communication, time zone difference, cultural difference, work distribution particularly in agile environment and many more. At the end the problem is in process not in the person who works on it. Keeping this at focus Cachematrix has overcome these challenges by using better collaboration platform, robust processes and building high trust level. Because of this Cachematrix was able to delivery all client facing projects (100%) on time. Friendly Environment - friendly people, easy access to management, with nice and open office setup, work environment is lively. Others I would say good learning opportunity, open to new ideas, and its talented people.

      Cons

      Sometime decisions are not known till last moment, this should have been more transparent.

      2
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