Refinitiv provides data and infrastructure on financial markets as part of the London Stock Exchange Group (LSEG). It focuses on providing insights, market updates, analytics and resources to help clients optimize their business practices and effectiveness. Refinitiv is often compared to firms like Bloomberg and Capital IQ in what it provides.
Table of Contents:
- Firm Key Stats
- Firm History
- Firm Careers
- Firm Internship
- Practice Areas
- Industries
- Office Locations
- Career Path
- Exit Opportunities
- Target Schools
- Diversity Programs
- Firm Culture
- Firm Interview
- Firm Salaries
Firm Key Stats
Firm Website: www.refinitiv.com/en
Firm Headquarters: London, United Kingdom
Firm Number of Employees: 18,500
Firm Number of Locations: 73
Firm Chief Executive: David W. Craig
Firm Revenue: $6.25 billion
Firm History
Refinitiv was created when Thomson Reuters sold its majority stake in its Financial & Risk (F&R) unit to a private equity firm in 2018 and the resulting business was named Refintiv. It then became a subsidiary of the London Stock Exchange Group (LSEG) after an acquisition took place in 2019. CEO David Craig was previously a partner at McKinsey and Company.
Firm Careers
Careers at Refiniiv will always center around data analytics and insights, but are divided into the following teams:
- Customer operations
- Customer proposition
- Finance
- Legal and compliance
- Marketing and communications
- HR
- Sales and account management
- Strategy and innovation
- Technology
To learn more about careers at Refinitiv, see their careers page.
Firm Internship
Refinitiv has offered some internships in the past, but don’t provide clear information about what is currently available. It may be helpful to reach out to an office specifically if you’re interested in an internship at their location.
Practice Areas
All of Refinitiv’s practice areas relate to data in some way:
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- Analytics
- Benchmarks
- Commodities Data
- Company Data
- Corporate Actions Data
- Deals Data
- Economic Data
- Entity and Reference Data
- Filings
- Fund Data
- FTSE Russell Indexes
- News
- Pricing and Market Data
- Refinitiv Indexes
- Regulatory Data
- Risk Intelligence
Industries
Refinitiv industries span the width of the financial markets sector:
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- Asset Management
- Central Banks
- Corporate Treasury
- Investment Banking
- Islamic Finance
- Market Data
- Risk and Compliance
- Technology
- Trading
- Wealth Management
Office Locations
Refintiv has 73 offices around the world, offering lots of flexibility to those looking to relocate, learn about business practices in a new city, or just exploring options in their local area. The firm operates on six continents, and their individual locations can be explored here.
Career Path
Some previous staff members have been disappointed with the lack of clarity at the path forward through Refinitiv, and wished for better trajectory maps going into their positions. Some had more positive experiences, so some management teams may be more successful at this than others.
Exit Opportunities
Being focused on data puts Refinitiv employees in an advantageous spot when looking at exit opportunities, since industries related to data analytics and insights have massively grown in recent years.
Target Schools
Refinitiv hires recruits from a wide range of schools, these just happen to fall at the top of the list:
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- University of Gdansk
- Bangalore University
- Polytechnic University of the Philippines
- Gdańsk University of Technology
- Visvesvaraya Technological University
Diversity Programs
Refintiv prioritizes diversity and inclusion (D&I) practices, having established metrics by which they measure the relative index of various companies. They release a D&I Index that ranks 12,000 companies globally by 24 key metrics.
Firm Culture
Refinitiv culture at work is often described as flexible, allowing employees to work from home or adjust their schedule as they wish to, though each location may differ on specifics. Benefits are considered generous and often better than what similar firms offer, and most staff are satisfied with their colleagues and work atmosphere. However, some employees have shared that after the LSEG merger, management became less communicative with staff, budgets were cut in places that negatively affected teams, and some systems are out of date and in real need of modernization to streamline processes for everyone.
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Firm Interview
Refinitiv interviews are 3-5 rounds depending on the position. Usually there are rounds with HR, a hiring manager, and a technical examination or case study. There may also be additional interviews with department heads or senior leaders at the firm, sometimes in panel format.
Applicants tend to be asked many questions about their past experience and skills, generally being friendly and professional.
Firm Salaries
Salaries at Refinitiv may be lower than competing firms, and some employees have mentioned this, but some think the ample benefits make up for it. Salaries will always vary depending on position and location, but some averages are:
- Consultant: $95,444
- Analyst: $89,421
- Software Engineer: $133,454
- Associate Consultant: $91,193
To see a comparison on MBB, Big 4, plus a lot of others, check out the MC Consulting Salaries Report.
Conclusion
As data continues to be the focus of businesses looking to hone in on ideal practices for sustained growth and overall success, Refinitiv is likely to continue to thrive based on relevance and demand. Those looking for a position in an industry that is hugely impactful and necessary in the current moment would likely gain the relevant skills and experience to carry them through future jobs at other innovative, forward thinking firms.
Additional Resources:
- Top 25 Consulting Firms
- Top 10 Boutique Consulting Firms in US
- Consulting Resume: Complete Guide
- Case Interview: Complete Prep Guide