Great growth opportunity in Fintech - Anonymous employee MarketFactory Employee Review

5.0
Feb 5, 2019
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- The company has great potential in this space as there is no single company that does FX IT well - Very smart group of and experience people which you get to work directly with - Everyone's work has an impact to the bottom line - Very dynamic environment which makes the day to day more interesting - Direct access to very senior counterparts and banks, hedge funds and ECNs - The culture is Improving overtime as the team scales

Cons

- Live trading is a tough IT environment to run - Very demanding clients since we are running live trading environments - You can feel all of the stress of a trading as if you were working on a trading floor

Explore other reviews about MarketFactory

5.0
Jan 29, 2019
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

As an individual you really have the opportunity to grow if you want to. There are plenty of places were you can provide support and not only help the team but also grow professionally. As a company, feedback is really valued at all levels. We can all easily speak to management if we need to and overall you really feel heard. Also, there's been a real effort to build an office culture where coworkers are happy to meet one another for socials and bites after work.

Cons

This doesn't apply to me specifically, but due to the nature of the industry, some individuals may have less work/life balance than desired. The upside to this is that as the team grows, the imbalance lessens!

2
1.0
Oct 20, 2017
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

* Free lunch one day a week * The current director of software development is a mensch (I worked with him when I was there). He is committed to doing the right thing despite the general toxic nature of the company. * The paychecks haven't bounced yet * Many interesting problems to solve

Cons

When I worked at MarketFactory there was no work-life balance. From system startup Sunday afternoon at noon NY time until Friday 5pm NY time we lived in fear of two things: the unstable technology doing something to prevent a customer from using it and the whims of the CEO, Darren Jer. It's also worth noting that all system deploys and maintenance happened between 5pm Friday and noon on Sunday, so forget about things like "summer Friday" or a relaxing Sunday if you work at MarketFactory. At least when I was there. Maybe it's better now, but I doubt it. Darren is a hostile, manipulative guy, a horrible manager, not a leader, and he has anger management issues. When I was at MarketFactory, there was no culture to speak of and no effort to create a comfortable, inclusive environment. If you work at MarketFactory be sure to set boundaries with Darren. You'll definitely need to manage up. It's also worth noting that they had trouble retaining sales and marketing people, and that almost the entire customer success team in NY quit during 2017. Darren will say "those people self-selected out" or "they never were A players anyway" but the one common denominator in all this is Darren. Make your own conclusions.

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