The first table below looks at the demand for Algo Collateral skills in IT contracts advertised for the City of London region. Included is a guide to the average contractor rates offered in IT contracts that have cited Algo Collateral over the 3 months to 1 August 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all of the Business Applications category for the City of London region.

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.

Location
3 months to
1 Aug 2014
Same period 2013 Same period 2012
Algorithmics Algo Collateral
Rank 190 - 220
Rank change year-on-year
- 0
Contract jobs citing Algo Collateral 2 0 6
As % of all contract IT jobs located in the City of London 0.035% - 0.077%
As % of the Business Applications category 0.40% - 0.90%
Number of daily rates quoted 2 0 6
Average daily rate
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£550 - £481
90% offered a daily rate of more than £510 - £450
10% offered a daily rate of more than £590 - £563
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Business Applications Category
City of London
Contract IT job ads with a match in the
Business Applications category
504 610 668
As % of all contract IT jobs located in the City of London 8.75% 8.61% 8.58%
Number of daily rates quoted 342 431 487
Average daily rate £475 £450 £475
Average daily rate % change year-on-year
+5.55% -5.26%
90% offered a daily rate of more than £300 £325 £350
10% offered a daily rate of more than £600 £625 £625
UK excluding London average daily rate £425 £413 £438
% change year-on-year
+3.03% -5.71%
Number of hourly rates quoted 4 10 6
Average hourly rate £32.03 £15.00 £48.00
Average hourly rate % change year-on-year
+113.53% -68.75%
90% offered a hourly rate of more than £23.87 £12.40 £41.05
10% offered a hourly rate of more than £32.82 £32.58 £62.95
UK excluding London average hourly rate £32.50 £20.00 £28.75
% change year-on-year
+62.50% -30.43%
Algo Collateral
London

Algo Collateral
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of IT contractor jobs citing Algo Collateral across the City of London region as a proportion of the total demand within the Business Applications category.

Algo Collateral Jobs Demand Trend in the City of London

Algo Collateral
Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Algo Collateral across the City of London region.

Algo Collateral Daily Rate Trend in the City of London

Algo Collateral
Top 5 Related IT Skills in the City of London

For the 6 months to 1 August 2014, IT contractor jobs across the City of London region citing Algo Collateral also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Algo Collateral.

1 3 (100.00%) SQL
1 3 (100.00%) VB
1 3 (100.00%) Back Office
1 3 (100.00%) Banking
1 3 (100.00%) Investment Banking

Algo Collateral
Top Related IT Skills in the City of London by Category

For the 6 months to 1 August 2014, IT contractor jobs across the City of London region citing Algo Collateral also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Algo Collateral. Up to 20 skills are shown per category.

General
1 3 (100.00%) Back Office
1 3 (100.00%) Banking
1 3 (100.00%) Investment Banking
Job Titles
1 3 (100.00%) Business Analyst
1 3 (100.00%) Analyst
1 3 (100.00%) Investment Banking Business Analyst
Programming Languages
1 3 (100.00%) SQL
1 3 (100.00%) VB