Pros
A few good people remain, but that is quickly changing.
Cons
There is a concerted effort to project Capco as a consulting firm on the cutting edge of finance, a firm focused on its people and their careers. Nothing could be further from the truth. Capco is unequivocally a Staffing firm. Engagements are 50+ consultants working on back office projects (think reconciliation, decommission, reporting). You are staffed on a project, irrespective of your experience/skill set. Middle managers, for the most part are re-purposed ex-client employees, who provide little in strategic thinking and do not have the ability to manage/motivate large teams. Promotions have little to do with execution at the client site. The Capco expectation is to be visible outside the client and contribute back by; interviewing candidates, running town halls, training employees..,,. Long hours at the client site will prevent you from participating in these activities and getting promoted.