Pull the curtain back - Anonymous employee DRW Employee Review

2.0
Jul 27, 2017
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

It's a good firm with lots of talented people who work very hard from top to bottom. Salary and benefits are good and the offices are nice.

Cons

I will name a few issues, but really they are the symptom of a larger problem. They advertise great technology and charge you for it, but there is no significant technology that they can offer a trading group. Anything proprietary is generally owned by a different division and you will likely not have access to it. All the groups are separate. There is no collaboration, and that is somewhat by design. It's a collection of business with shared resource, so understand you will not get help with much unless it's pedigree items like hardware purchase or technical support. If you are a trader or have a trading business you are siloed off. Really they have mostly become a glorified backer of trading strategies, or if that was always their model it's not always advertised that way. There is definitely a shakeup in management. Lot's of recent defections, retirements, shifting of duties. That could end up being a good thing, but transition is hard. If they can find a way to set the tone for a little more collaboration DRW would be really great. Lot's of resources allocated to anything bitcoin or real estate, but they have such a good shell of a trading company that is ready to be rebuilt. Some divisions do great, but given the resources some cooperation at management and a more focused path would allow them to really move back to the top of the trading space where they really do belong.

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DRW Response
8y
We only get better when we acknowledge and act upon the things we need to improve, so we appreciate your honest feedback. Collaboration is critical and an area of focus for the firm – but as any organization grows from 100 people to more than 750 in just over a decade, the way people work together evolves. It's really important that collaboration happens in a thoughtful manner, and that decisions about resource allocation are driven by data. We recognize that what goes into those decisions isn't always visible throughout the organization. The industry is changing quickly and our business must do the same. That means transition and evolution for us internally, but it also means significant opportunity.

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Cons

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Cons

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