Bad comp - Anonymous employee Newedge Employee Review
1.0
Jun 24, 2015
Anonymous employee
Current employee
Recommend
CEO approval
Business outlook
Pros
No Pros for the firm
Cons
Low salary, load of work, unstable systems
Explore other reviews about Newedge
5.0
Mar 7, 2017
Anonymous employee
Former 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
Jun 18, 2013
Anonymous employee
Current employee, more than 5 years
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.