The table below looks at the statistics for knowledge and experience of Avaloq products and/or services in IT contracts advertised for the Canary Wharf region. Included is a guide to the average contractor rates offered in IT contracts that have cited Avaloq over the 3 months to 31 August 2015 with a comparison to the same period in the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

The figures below represent the IT contractor job market in general and are NOT representative of contractor rates within Avaloq Evolution AG.

Location
3 months to
31 Aug 2015
Same period 2014 Same period 2013
Avaloq
Rank - - -
Contract jobs citing Avaloq 0 0 0
As % of all contract IT jobs located in Canary Wharf - - -
As % of the Vendors category - - -
Number of daily rates quoted 0 0 0
Average daily rate
Keep up to 90%
of your Daily Rate
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- - -
UK excluding London average daily rate - - £100
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Avaloq
London

The following table is for comparison with the above and provides statistics for the entire Vendors category in contract jobs advertised in the Canary Wharf region.

Vendors Category
Canary Wharf
Contract IT job ads with a match in the
Vendors category
74 54 107
As % of all contract IT jobs located in Canary Wharf 39.36% 47.37% 49.08%
Number of daily rates quoted 44 21 69
Average daily rate £475 £425 £400
Average daily rate % change year-on-year
+11.76% +6.25%
90% offered a daily rate of more than £363 £295 £175
10% offered a daily rate of more than £545 £575 £616
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 2 6 2
Average hourly rate £25.00 £18.00 £22.50
Average hourly rate % change year-on-year
+38.88% -20.00%
UK excluding London average hourly rate £19.00 £17.50 £19.30
% change year-on-year
+8.57% -9.32%

Avaloq
Jobs Demand Trend in Canary Wharf

This chart provides a 3-month moving total of IT contractor jobs citing Avaloq across the Canary Wharf region as a proportion of the total demand within the Vendors category.

Avaloq Jobs Demand Trend in Canary Wharf

Avaloq
Daily Rate Trend in Canary Wharf

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Avaloq across the Canary Wharf region.

Avaloq Daily Rate Trend in Canary Wharf