3.0
Oct 4, 2008
Current employee
Boston, MA
Recommend
CEO approval
Business Outlook
Pros
Safe and stable. Despite the "Bank" in the name, not a traditional bank. Mostly asset servicing, asset mgt and private wealth.
Cons
Different units never seem to know what the others are doing. For example, we sell accounting services and analytical software. But most internal units use products from competitors. Something like 19 different accounting systems used at the various asset mgt units. And they go outside to Barra, FactSet and RiskMetrics instead of in-house products. To contrast, the largest user of Yield Book is Citigroup. If a product or service isn't used by your own people, how good can it be?