Algorithmics Contracts in the City of London
 
Demand Trend Daily Rate Trend Hourly Rate Trend Related Skills

The first table below looks at the demand for knowledge and experience of Algorithmics products and/or services 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 Algorithmics over the 3 months to 20 May 2013 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all Vendors 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.

The figures below represent the IT contractor job market in general and are NOT representative of contractor rates within Algorithmics, Inc.

Location
 3 months to
20 May 2013		 Same period 2012 Same period 2011
Algorithmics
Rank 200 217 227
Rank change year-on-year
+17 +10
Contract jobs citing Algorithmics 1 3 9
As % of all contract IT jobs located in the City of London 0.016% 0.038% 0.093%
As % of the Vendors category 0.035% 0.091% 0.223%
Number of daily rates quoted 0 2 6
Average daily rate - £656 £544
Average daily rate % change year-on-year
- +20.68%
UK excluding London average daily rate - - £950
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
All Vendors
City of London
Contract IT job ads with a match in the
Vendors category		 2856 3284 4043
As % of all contract IT jobs located in the City of London 45.20% 42.05% 41.81%
Number of daily rates quoted 2018 2244 2789
Average daily rate £430 £425 £488
Average daily rate % change year-on-year
+1.17% -12.82%
90% offered a daily rate of more than £275 £288 £300
10% offered a daily rate of more than £575 £600 £650
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 103 99 125
Average hourly rate £23.75 £20.00 £21.45
Average hourly rate % change year-on-year
+18.75% -6.75%
90% offered a hourly rate of more than £12.00 £12.50 £13.54
10% offered a hourly rate of more than £135.00 £39.60 £41.85
UK excluding London average hourly rate £19.00 £19.00 £20.00
% change year-on-year
- -5.00%
Algorithmics
London

Algorithmics
Jobs Demand Trend

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

City of London Algorithmics Jobs Demand Trend

Algorithmics
Daily Rate Trend

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

City of London Algorithmics Daily Rate Trend

Algorithmics
Hourly Rate Trend

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Algorithmics across the City of London region.

City of London Algorithmics Hourly Rate Trend

Algorithmics
Top 17 Related IT Skills

For the 6 months to 20 May 2013, IT contractor jobs across the City of London region citing Algorithmics 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 Algorithmics.

1 2 (66.67%) Finance
2 1 (33.33%) Fixed Income
2 1 (33.33%) Mathematica
2 1 (33.33%) Equities
2 1 (33.33%) Banking
2 1 (33.33%) Investment Banking
2 1 (33.33%) Credit Risk
2 1 (33.33%) Market Risk
2 1 (33.33%) User Acceptance Testing
2 1 (33.33%) Stress Testing
2 1 (33.33%) Solvency II
2 1 (33.33%) UNIX
2 1 (33.33%) SAS
2 1 (33.33%) MATLAB
2 1 (33.33%) Project Management
2 1 (33.33%) Back Office
2 1 (33.33%) Risk Management

Algorithmics
Top Related IT Skills by Category

For the 6 months to 20 May 2013, IT contractor jobs across the City of London region citing Algorithmics 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 Algorithmics. Up to 20 skills are shown per category.

Application Platforms
1 1 (33.33%) SAS
1 1 (33.33%) Mathematica
General
1 2 (66.67%) Finance
2 1 (33.33%) Banking
2 1 (33.33%) Investment Banking
2 1 (33.33%) Back Office
Job Titles
1 1 (33.33%) Project Manager
1 1 (33.33%) Business Analyst
1 1 (33.33%) Analyst
1 1 (33.33%) Integration Engineer
Miscellaneous
1 1 (33.33%) Fixed Income
1 1 (33.33%) Equities
1 1 (33.33%) Credit Risk
1 1 (33.33%) Market Risk
Operating Systems
1 1 (33.33%) UNIX
Processes & Methodologies
1 1 (33.33%) Project Management
1 1 (33.33%) Risk Management
1 1 (33.33%) User Acceptance Testing
1 1 (33.33%) Stress Testing
Programming Languages
1 1 (33.33%) MATLAB
Quality Assurance & Compliance
1 1 (33.33%) Solvency II
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Last Updated Monday 20 May 2013
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