DTCC reviews

3.9

75% would recommend to a friend

(1,730 total reviews)
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Frank La Salla

71% approve of CEO

71% positive business outlook

DTCC has an employee rating of 3.9 out of 5 stars, based on 1,730 company reviews on Glassdoor which indicates that most employees have a good working experience there. The DTCC employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

2K reviews
2.0
May 20, 2010
Recommend
CEO approval
Business Outlook

Pros

Great training curriculum Industry leader in financial services wide range of products and services one could learn ability to be part of numerous projects with an opportunity to be high visibility among management

Cons

As a consultant/temp for over a year - never offered a full time position, even with management support Corporate Culture is horrible, low moral Outdated systems and procedures incredibly inefficient business as usual - no questioning of status quo or creative ways to increase productivity Zero collaboration between groups - Groups work in silos and management of different areas unwilling to accept new responsibilities to achieve higher standards in client service No mutual respect between groups

1.0
May 8, 2026
Recommend
CEO approval
Business Outlook

Pros

Jersey City makes all decisions for the global. Manila, India are just there to operate and support. Design and thoughts are from the US. ED and MDs are very powerful. They decide and if you are with an unbiased ED or MD, consider yourself lucky. Else life is horrible. Every November a list is prepared for laying off people. Outside market will not know this. HR is just dummy. HR in Manila are good. HR in the US and India are just for paper work. You get to work on the latest technologies and infrastructure for office and staff for IT is too good. DTCC gets lots of funds from their Bank clients. So they invest heavily in infrastructure. Risk and Resiliency are more important than innovation and money. In house resources are there only to operate. Plan and design is always outsourced.

Cons

Contractors get to work on the cream aspects and operational aspects are left with in house resources. ED/MD may fire you anytime or a list is prepared every November

2.0
Apr 20, 2026

Who does that?

Recommend
CEO approval
Business Outlook

Pros

I know I will not be fired immediately but that is because I am lucky enough to have a good manager. Everything good I have to say is about mymy immediate team. I am given a lot of autonomy and am encouraged to try out new technologies. I am able to take pretty much any training I want so long as it does not cost the company anything. My work life balance is decent though anchor days are unforgiving and the practice feels arbitrary

Cons

Unless you are a people manager you will hit a professional wall and will not see a salary increate. I have been making the same salary+bonus for about 5 years. The management is hypnotized by AI right now in ways that donot make sense. There is no concrete plan or clear business use for it. No examination has been made at all about environmental impact or ethics. Teams across the company are forced into using it in ridiculous ways. For example: answer questions, take a screenshot, and load the screenshot into AI to come up with our own professional development plans. The company pays a lot of lip service to environmental consciousness but does not answer questions about how their demand for AI in our everyday workload matches up with it. Treats long-term employees like trash. I have 2 concrete examples: 1. A colleague from Automation worked here for nearly 30 years. He got shunted into Automation with people who did not understand the business at all and treated him like a dog and built up an HR case for his letting go in the March 2025 mass firing. His managers made terrible decisions and counted on him to implement them all. He kept all of the Automation bandaids in working order. His managers never knew how much he did to keep everything from falling apart. I have no window into that group anymore but I can only imagine what the guys are up to over there. Meanwhile, this poor guy still is traumatized from his last years there when he seriously experienced literal gaslighting abuse from his manager. His entire personality revolved around role of provider for his family. He endured the abuse to make sure his kids could go to college then the rug was pulled out from under him for good. Who does that? 2. The Training team had one veteran left over from the old days when a team of guys would travel around the country and teach customers inperson how to use DTC products and services. This one last guy knew everything about the business and was probably the most valuable resource they had going. He also was hit by the 3/2025 mass firing. I think he was here for 50 years! I heard an announcement of his "retirement" and knew it was BS. Confirmed later that this was not voluntary. Again, who does that? 30 yrs, 50 yrs, and this is the thanks they got.

Viewing 304 - 306 of 1,730 Reviews

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