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
1.0
Dec 26, 2017
Recommend
CEO approval
Business Outlook

Pros

The only thing pretty solid is the benefits. Salary isn't even great, just benefits.

Cons

Everything boils down to politics and I hear a lot of not my fault, not my job, not my problem. It's a very cover your butt culture. One of the major issues is that no one knows how to work together across teams. My team has been trying to get a new system approved (actually we have many other products from this one vendor, it will just be a new function). It's now been 3 months and we still have to get through at least 2 more committees to get it approved. It should not be this hard to make one change in the organization, but everything seems this way. It also seems like they don't have a whole lot of money in the bank. They just sold our non essential products and division. They are also in middle of their 4 year cost cutting plan and keep moving jobs down to cheaper areas. Problem with cheaper talent is lesser quality. They are keeping everyone that has been here for 15+ years in management positions that get paid too much to not have a clue on how to solve the problems of today. They are still hanging on to that one product they essentially have a monopoly on in the industry. Once someone else figures out how to provide that product, this company is sunk. Top management is asking for employee input on what the problems and dissatisfaction boils down to, but does not seem to have a clue on how to fix it. It seems that they are struggling to be a 2017/2018 company.

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DTCC Response
8y
Thank you for your review on Glassdoor. We review all feedback and appreciate the time you took to write it.
5.0
Dec 22, 2017

DTCC London

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Moving towards fintech model and culture Decent office and location Flexible working Pay and perks standard Big on CSR, diversity and inclusion

Cons

Overly bureaucratic without any real need

3.0
Dec 19, 2017

Associate Director

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Having worked at DTCC for 8 years here are my truthful reviews. . Work life balance more than needed . Average Medical benefits . Good pension + 401K .You will have even more work life balance if you are under a right manager. .Process oriented company.

Cons

. Not much technology company. .Most Middle managers are non technical and will make sure they stick to their seat no matter what. . Everyone is talking about Agile with out actual implementations. . Some teams exists without any reason. . Unnecessary expansion for such small technical needs. Build vertical departments for providing a solution. This was a the strangest thing i noticed for last 4 years. . Upper management enjoys good pay and benefits. Lacks skills. They seem to be settling down all the time. . Project implementations can be far improved by hiring right candidates. Lack of skills in the major implementations. . Accountability.

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DTCC Response
8y
Thank you for your review on Glassdoor. We review all feedback and appreciate the time you took to write it.
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Glassdoor has 1,964 DTCC reviews submitted anonymously by DTCC employees. Read employee reviews and ratings on Glassdoor to decide if DTCC is right for you.