SWIFT reviews

Senior management has lost the plot in regards to company direction. Company somewhat arrogant and refuses to see that SWIFT SWIFT is increasingly non-relevent beyond BIC directory and FIN service. Commercial side just cannot see this. Dated technology means you won't learn as many markatable IT skills. This will be a problem for peple leaving SWIFT. Increasingly downsizing operational staff such as IT and support to low-cost countries to save money at the expense of quality. Used to have a policy of FNAO (Failure Not an Option) but cost cutting means customer impacting screw ups are frequent and most definately a valid option to senior management. Power games and rank pulling becoming part of daily life. Lots of bad managers with no skills making decisions they aren't qualified to make who don't support their subordinates.

LEAN reduced workforce to point that there's more work than people to do it; they are pushing out older employees (50+); promotion process is unclear and it is flat - you go from 30 to 40 quickly, 40 to 50 takes longer, reaching 60 is almost impossible unless you are management. Your performance rating is done by committee before you meet with your manager.