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Finastra
3.8
based on 499 Reviews
Video summary
Company Overview
Company Locations
Working at Finastra
Company Summary
0
Overall Rating
3.8/5
based on 499 reviews
On-Par with
industry average
Highly rated for
Work-life balance, Company culture
Critically rated for
Promotions
Work Policy
Hybrid
74% employees reported
Monday to Friday
95% employees reported
Flexible timing
87% employees reported
No travel
78% employees reported
View detailed work policy
Top Employees Benefits
Health insurance
51 employees reported
Cafeteria
48 employees reported
Job/Soft skill training
45 employees reported
Office cab/shuttle
16 employees reported
View all benefits
About Finastra
Founded in2017 (8 yrs old)
India Employee Count1k-5k
Global Employee Count10k-50k
HeadquartersPaddington, London, United States (USA)
Office Locations
London
|
Websitefinastra.com
Primary Industry
Other Industries
View in video summary
At Finastra, we are a dynamic global provider of open finance software solutions, dedicated to expanding access to financial services. Since our launch in 2017, we've been on a mission to revolutionize the financial world with cutting-edge software and strategic partnerships.
Mission: Our team members are the heartbeat of our organization, and we pride ourselves on creating an environment that fuels career development, innovation and growth. Are you a recent graduate eager to make your mark, or an experienced professional ready for your next big challenge? At Finastra, you will play a pivotal role in developing and launching software solutions that will keep us at the forefront of FinTech industry.
Vision: We're passionate about fostering a culture of continuous learning and development. Imagine having access to a treasure trove of training programs and resources designed to sharpen your skills and keep you ahead in the exhilarating world of FinTech. Whether you're looking to become an expert in a niche area or excited to explore new career paths, we've got the support and opportunities you need to achieve your dreams.
Our career development initiatives are anything but ordinary. Think mentorship programs with industry leaders, transformative leadership training, and pathways to earning coveted industry certifications. We believe in growing talent from within and know that by investing in your growth, we're empowering you to soar to new heights and make a real impact at Finastra.
Finastra Ratings
based on 499 reviews
Overall Rating
3.8/5
How AmbitionBox ratings work?
5
170
4
160
3
85
2
26
1
58
Category Ratings
4.0
Work-life balance
3.8
Company culture
3.6
Salary
3.5
Skill development
3.5
Work satisfaction
3.4
Job security
3.1
Promotions
Finastra is rated 3.8 out of 5 stars on AmbitionBox, based on 499 company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Finastra
based on 479 reviews
3.8
Rated by 148 Women
Rated 3.9 for Company culture and 3.8 for Work-life balance
3.8
Rated by 331 Men
Rated 4.0 for Work-life balance and 3.8 for Company culture
Work Policy at Finastra
based on 62 reviews in last 6 months
Hybrid
74%
Permanent work from home
23%
Work from office
3%
Finastra Reviews
Top mentions in Finastra Reviews
+ 5 more
Compare Finastra with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.8/5 based on 499 reviews | 3.5/5 based on 509 reviews | 3.3/5 based on 808 reviews | 3.9/5 based on 5.5k reviews |
Highly Rated for | Work-life balance Company culture | Job security | No highly rated category | Work-life balance Job security Company culture |
Critically Rated for | Promotions | Work-life balance Promotions Work satisfaction | Promotions Skill development Company culture | Promotions |
Primary Work Policy | Hybrid 74% employees reported | Work from office 57% employees reported | Hybrid 81% employees reported | Hybrid 70% employees reported |
Rating by Women Employees | 3.8 Good rated by 148 women | 3.4 Average rated by 118 women | 3.3 Average rated by 231 women | 3.9 Good rated by 1.3k women |
Rating by Men Employees | 3.8 Good rated by 331 men | 3.6 Good rated by 356 men | 3.3 Average rated by 495 men | 3.9 Good rated by 3.9k men |
Job security | 3.4 Average | 3.9 Good | 3.2 Average | 3.8 Good |
View more
Finastra Salaries
Finastra salaries have received with an average score of 3.6 out of 5 by 499 employees.
Software Engineer
(327 salaries)
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₹5.4 L/yr - ₹16.7 L/yr
Senior Software Engineer
(314 salaries)
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₹8.9 L/yr - ₹30 L/yr
Associate Software Engineer
(163 salaries)
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₹5 L/yr - ₹10 L/yr
Senior QA Engineer
(90 salaries)
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₹7 L/yr - ₹24.2 L/yr
QA Engineer
(86 salaries)
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₹5.5 L/yr - ₹14.2 L/yr
Expert Software Engineer
(86 salaries)
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₹14 L/yr - ₹40 L/yr
Senior Technical Consultant
(68 salaries)
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₹8 L/yr - ₹21 L/yr
Software Developer
(55 salaries)
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₹6 L/yr - ₹19.6 L/yr
Senior Business Consultant
(54 salaries)
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₹12.9 L/yr - ₹27 L/yr
Senior Systems Engineer
(49 salaries)
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₹6.8 L/yr - ₹20.5 L/yr
Finastra Interview Questions
Interview questions by designation
Top Finastra interview questions and answers
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Finastra Jobs
Popular Designations Finastra Hires for
Senior Network Engineer
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Senior Network Security Engineer
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Senior Sales Executive
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Senior Project Manager
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Enterprise Architect
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Senior Business Consultant
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Senior Operations Analyst
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IT Auditor
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Security
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Popular Skills Finastra Hires for
Current Openings
Finastra News
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Redefining Finance for Good: Raja Vasudevan on What Makes People Stay at Finastra
- India's fintech sector is on track to reach a market value of $150 billion by 2025, fueled by digital financial services and growth in Global Capability Centers (GCCs). Finastra is leading in nurturing fintech talent amidst high demand.
- Finastra focuses on skill-based hiring, workforce planning, and internal talent development to drive innovation and reshape finance.
- Challenges in talent acquisition include the quality of talent supply and the need for industry-university collaborations for relevant skill preparation.
- Finastra prioritizes upskilling, reskilling, flexible work culture, and career growth for talent retention.
- Finastra supports smaller financial institutions by providing advanced technology solutions to enable innovation and reduce investment burdens.
- The demand for AI and cybersecurity skills has surged in the fintech industry, influencing recruitment strategies.
- Finastra focuses on modernizing products while ensuring a seamless customer experience through a balanced approach.
- Organizations, including Finastra, are shifting towards skills-based hiring and upskilling, moving away from rigid educational requirements.
- Raja Vasudevan emphasizes the need for increased investment in academic partnerships and research to enhance India's standing as a global GCC hub.
All Things Talent | 17 Feb, 2025
Finastra Launches Assist.AI: Nurturing the Next Wave of Trade Finance Experts
- Finastra has launched its AI-powered assistant, Assist.AI, to address the diminishing knowledge base in the trade finance industry.
- Assist.AI uses prompt-based assistance and Microsoft Copilot technology to provide instant and accurate answers to trade finance-related questions.
- It enables users to access support anytime, automates routine inquiries, and learns and adapts based on interactions for continuous improvement.
- The collaboration between Finastra and Microsoft aims to enhance operational efficiency and user experience in the trade finance industry.
The Fintech Times | 10 Feb, 2025
Finastra simplifies trade finance with AI-powered assistant using Microsoft Azure OpenAI Service
- Finastra has launched Assist.AI, an AI-powered assistant for trade finance, utilizing Microsoft Azure OpenAI Service.
- Assist.AI aims to bridge the knowledge gap within the trade finance industry and provide users with instant, accurate, and context-aware assistance.
- The tool offers prompt-based assistance, allowing users to ask specific questions related to trade processes and receive precise answers from relevant resources.
- Assist.AI enhances user support, ensures 24/7 availability, and continuously improves responses through learning and adaptation.
Global Fintech Series | 10 Feb, 2025
Finastra Introduces Azure OpenAI Service to Improve Trade Finance Operations
- Finastra has launched Assist.AI, an AI-powered assistant designed to enhance trade finance operations within its Trade Innovation solution.
- The tool, built on Microsoft Azure OpenAI Service, provides instant, accurate, and context-aware support to address the knowledge gap in the trade finance industry.
- Assist.AI offers prompt-based assistance, allowing users to ask specific questions about trade processes and receive precise answers without navigating extensive documentation.
- The tool continuously learns and improves based on user interactions, enhancing response accuracy over time.
Fintechnews | 10 Feb, 2025
Revamping Trade Finance: Q&A With Finastra’s Anastasia McAlpine
- Finastra prioritizes innovation and collaboration in trade finance industry.
- Finastra invests in optimizing processes and leveraging advanced technologies like AI.
- Trade Innovation enhances bank productivity by streamlining operations and reducing costs.
- Finastra is a recognized leader in trade finance, supporting over 200 banks globally.
Global Finance Magazine | 5 Feb, 2025
Finastra Announces Leadership Transition: Welcoming Chris Walters as New CEO
- Finastra announces a leadership transition, with Chris Walters joining as the new CEO.
- Chris Walters brings extensive experience from senior executive leadership positions.
- Under Simon Paris's leadership, Finastra achieved remarkable milestones.
- During the transition period, Simon and Chris will work closely together for a smooth handover.
Global Fintech Series | 7 Jan, 2025
Finastra CEO Simon Paris Steps Down, Chris Walters to Take Over
- Financial services software provider Finastra has announced that CEO Simon Paris is stepping down, and Chris Walters will take over.
- Chris Walters brings extensive experience from previous roles, including CEO of Pluralsight and Avantax.
- Under Simon Paris' leadership, Finastra achieved significant milestones, expanding its reach to over 8,000 clients across 130 countries.
- Chris and Simon will work closely during the transition to ensure continuity.
Fintechnews | 7 Jan, 2025
Finastra Confirms Breach Amid Hacker’s 400GB Data Theft Claim
- Finastra, a major financial software provider, has confirmed a data breach after a hacker claimed to have stolen 400GB of data from the company.
- The hacker offered the stolen data for sale on a cybercrime forum, including sensitive client files and internal Finastra documents.
- Finastra detected suspicious activity on November 7th within its internally hosted Secure File Transfer Platform (SFTP), but the exact number of affected customers and the nature of compromised data is still unknown.
- The breach may have resulted from compromised user credentials, and Finastra's investigation into the incident is ongoing.
Fintechnews | 25 Nov, 2024
Finance giant Finastra warns clients of potential data breach
- Finastra, a fintech software firm, warns customers of a potential data breach.
- The breach was the result of stolen credentials, not an exploited vulnerability.
- The attack originated on Finastra's Secure File Transfer Platform (SFTP).
- The company assures that no customer files were tampered with or accessed.
Tech Radar | 21 Nov, 2024
Fintech giant Finastra confirms it’s investigating a data breach
- Finastra, a London-based financial software company, is investigating a data breach.
- The breach was discovered on November 7 and involved suspicious activity on the company's internal file-transfer platform.
- A hacker claimed to have stolen 400 gigabytes of data, including client files and internal documents.
- Finastra is analyzing the affected data and working to determine which customers and products were impacted.
TechCrunch | 20 Nov, 2024
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Finastra FAQs
When was Finastra founded?
Finastra was founded in 2017. The company has been operating for 8 years primarily in the Software Product sector.
Where is the Finastra headquarters located?
Finastra is headquartered in Paddington, London and has an office in Bangalore / Bengaluru
How many employees does Finastra have in India?
Finastra currently has more than 3,200+ employees in India. Engineering - Software & QA department appears to have the highest employee count in Finastra based on the number of reviews submitted on AmbitionBox.
Does Finastra have good work-life balance?
Finastra has a work-life balance rating of 4.0 out of 5 based on 400+ employee reviews on AmbitionBox. 66% employees rated Finastra 4 or above on work-life balance. This rating reflects the company's efforts to help employees maintain a healthy balance between their personal and professional lives. We encourage you to read Finastra work-life balance reviews for more details
Is Finastra good for career growth?
Career growth at Finastra is rated as moderate, with a promotions and appraisal rating of 3.1. 34% employees rated Finastra 3 or below, while 66% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading Finastra promotions/appraisals reviews for more detailed insights.
What are the pros and cons of working in Finastra?
Working at Finastra comes with several advantages and disadvantages. It is highly rated for work life balance and company culture. However, it is poorly rated for promotions / appraisal, based on 400+ employee reviews on AmbitionBox.
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