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Promontory Risk Review

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IBM Ruined It - Anonymous employee Promontory Risk Review Employee Review

2.0
21 Oct 2025
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Good people, interesting and varied work across the AML industry. Used to be a great place to build a career.

Cons

IBM acquired the company in 2016 under their former CEO, and the new regime of IBM leadership is either unable or unwilling to develop the business. Over the past few years there has been an exodus of talent at all levels, stagnation of pay (including diminishing bonuses and raises), major increase in outsourcing operations to India, and evaporation of client contracts. In short, there is no opportunity at this company for a prospective U.S. based AML professional. Unless something drastic changes this will be a strictly offshore operation within a couple years, but even that I'm not sure about. I cannot emphasize enough how much IBM leadership has failed to understand, market, and develop this company.

Explore other reviews about Promontory Risk Review

5.0
5 Jun 2024
Recommend
CEO approval
Business outlook

Pros

Wonderful working environment, lots of overtime, worked with a lot of brilliant people.

Cons

Project ended abruptly, but that is the nature of such projcts.

3.0
27 Jun 2025
Recommend
CEO approval
Business outlook

Pros

Certain projects are full remote and others hybrid.

Cons

You cant switch projects and get full remote projects

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