Recall in Nov11 I made the decision to terminate my TR Eikon subscription. When informed, the account manager who had never ever called me during the entire tenor of my relationship with TR, suddenly sprang to life and tried to sweet talk me into not ending my contract. I do not recall ever getting so much attention from TR until then. In fact, prior to my request for termination, I didn't even know who my account manager was. But after much back and forth, I stood firm and this email (11Nov11) was TR's very last attempt to keep me as a customer (click to zoom) :=
To which my final reply was NO (11Nov11) :=
Complete radio silence from TR after this so I assumed that they had lost interest in me given that they could not persuade me to stay. Still, I thought at the time that it was a lack of common courtesy that they did not bother to reply their confirmation and agreement but I let it go since I had no wish to speak to anyone from the company again. In any case, their email and my reply were clear enough about the termination wef 31Dec11.
Come 03Jan12, unexpected Eikon invoice for SGD 8,442.30 (for 1Q12) received from TR :=
And my reply (12Jan12) :=
I assumed it was just an operational error and that TR would sort it out internally among themselves. I did not ever receive a reply to my 11Nov11 and 12Jan12 emails.
And then, today (03Feb12) - phone call from TR chasing for payment !! WTF?
Totally speechless. Can there ever be a more clueless company? Everyone in there doing their own thing in a completely uncoordinated manner.
I would love it if someone from TR can explain all this. Doubt it. After 6 years of dealing with their Helpdesk as a retail customer, I have come to expect that for TR, getting things right is the exception rather than the rule. (See comments section for a typical example of my frustration with TR).
4 comments:
Another example of TR service :=
- Original system 3000Xtra had the equivalent of the Bloomberg PDH2 function (for computing cross market hedge ratios)
- In Jan11, 3000Xtra customers were forced to "upgrade" to Eikon which did not have the PDH2 functionality. I requested them to reinstate it on 12Jan11.
- No progress for 1 year
- On 14Jan12 (1 year later, after I have ceased to be a customer), I get an email from Helpdesk
Quote
The enhancement you raised on Futures Switch Matrix in Eikon has been received by our development team.
Enhancements typically take a while and there can be no updates for several months until resource is available to accommodate the project.
Unquote
- I rest my case.
TS, you will be interested in this: ".... Its flagship product, Eikon, has not been embraced by businesses, leading the division to report quarterly revenues up just 2 per cent to $912m...." Full article here -
http://www.ft.com/intl/cms/s/0/b233dd7e-5323-11e1-950d-00144feabdc0.html#axzz1ltvikie9
Thomson Reuters results are proof of the consequences of their poor product and service!
Pandu
Thanks. Could not access the FT article but I think the following is a similar article :=
http://www.wallstreetandtech.com/trading-technology/232301134
24Feb12 : Received invoice (reminder for non-payment?) for SGD 8442.30 dated 17Feb12 again from TR for Eikon service. This is in spite of reassurances from them that all is in order and that they won't bother me anymore. Really perfect case study of how to piss you customers off.
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