The first table below looks at the demand for knowledge and experience of Algorithmics products and/or services in IT contracts advertised for the England region. Included is a guide to the average contractor rates offered in IT contracts that have cited Algorithmics over the 3 months to 19 June 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 England 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
19 Jun 2013
Same period 2012 Same period 2011
Algorithmics
Rank 526 536 537
Rank change year-on-year
+10 +1
Contract jobs citing Algorithmics 6 9 43
As % of all contract IT jobs located in England 0.014% 0.017% 0.075%
As % of the Vendors category 0.030% 0.037% 0.161%
Number of daily rates quoted 6 6 33
Average daily rate £550 £675 £700
Average daily rate % change year-on-year
-18.51% -3.57%
90% offered a daily rate of more than £500 £513 £475
10% offered a daily rate of more than £600 £769 £1,000
UK excluding London average daily rate - - £938
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
All Vendors
England
Contract IT job ads with a match in the
Vendors category
20241 24494 26701
As % of all contract IT jobs located in England 46.78% 46.25% 46.63%
Number of daily rates quoted 11110 12869 13881
Average daily rate £400 £395 £413
Average daily rate % change year-on-year
+1.26% -4.24%
90% offered a daily rate of more than £225 £225 £245
10% offered a daily rate of more than £550 £550 £600
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 1142 1229 1552
Average hourly rate £20.00 £19.50 £20.50
Average hourly rate % change year-on-year
+2.56% -4.87%
90% offered a hourly rate of more than £11.50 £11.37 £11.25
10% offered a hourly rate of more than £40.00 £40.00 £40.00
UK excluding London average hourly rate £19.26 £19.00 £20.00
% change year-on-year
+1.36% -5.00%
Algorithmics
UK

Algorithmics
Jobs Demand Trend

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

England 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 England region.

England Algorithmics Daily Rate Trend

Algorithmics
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Algorithmics across the England region over the 3 months to 19 June 2013.

England Algorithmics Daily Rate Histogram

Algorithmics
Hourly Rate Trend

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

England Algorithmics Hourly Rate Trend

Algorithmics
Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Algorithmics within the England region over the 3 months to 19 June 2013. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Click each for more statistics)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Find
Job
Vacancies
London +23 6 £550 -18.51% 4
Algorithmics
UK

Algorithmics
Top 30 Related IT Skills

For the 6 months to 19 June 2013, IT contractor jobs across the England 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 8 (66.67%) Banking
2 7 (58.33%) Investment Banking
2 7 (58.33%) Fixed Income
2 7 (58.33%) Equities
2 7 (58.33%) Market Risk
2 7 (58.33%) Stress Testing
3 6 (50.00%) Finance
4 5 (41.67%) Front Office
4 5 (41.67%) User Acceptance Testing
4 5 (41.67%) Data Analysis
4 5 (41.67%) Derivative
5 4 (33.33%) Use Case
5 4 (33.33%) User Stories
5 4 (33.33%) Test Scripting
5 4 (33.33%) Agile Software Development
5 4 (33.33%) Business Analysis
5 4 (33.33%) Adaptiv
5 4 (33.33%) Project Management
6 3 (25.00%) Back Office
6 3 (25.00%) Risk Management
6 3 (25.00%) MS Excel
6 3 (25.00%) Microsoft
6 3 (25.00%) Credit Risk
7 2 (16.67%) JIRA
7 2 (16.67%) Fund Management
7 2 (16.67%) MS PowerPoint
7 2 (16.67%) Business Continuity
7 2 (16.67%) SharePoint
7 2 (16.67%) DSDM
7 2 (16.67%) MS Project

Algorithmics
Top Related IT Skills by Category

For the 6 months to 19 June 2013, IT contractor jobs across the England 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 2 (16.67%) SharePoint
2 1 (8.333%) SAS
2 1 (8.333%) Mathematica
Applications
1 3 (25.00%) MS Excel
2 2 (16.67%) MS PowerPoint
2 2 (16.67%) MS Project
3 1 (8.333%) MS Office
3 1 (8.333%) MS Visio
Business Applications
1 4 (33.33%) Adaptiv
Communications & Networking
1 1 (8.333%) HTTP
1 1 (8.333%) HTTPS
Database & Business Intelligence
1 1 (8.333%) Data Warehouse
Development Applications
1 2 (16.67%) JIRA
General
1 8 (66.67%) Banking
2 7 (58.33%) Investment Banking
3 6 (50.00%) Finance
4 5 (41.67%) Front Office
5 3 (25.00%) Back Office
Job Titles
1 7 (58.33%) Analyst
2 6 (50.00%) Business Analyst
3 4 (33.33%) Market Risk Business Analyst
3 4 (33.33%) Technical Analyst
3 4 (33.33%) Technical Business Analyst
3 4 (33.33%) Market Risk Analyst
4 3 (25.00%) Project Manager
5 1 (8.333%) Consultant
5 1 (8.333%) Senior Business Analyst
5 1 (8.333%) Integration Engineer
5 1 (8.333%) Data Analyst
5 1 (8.333%) Senior Analyst
5 1 (8.333%) Fidessa Consultant
Miscellaneous
1 7 (58.33%) Fixed Income
1 7 (58.33%) Equities
1 7 (58.33%) Market Risk
2 5 (41.67%) Derivative
3 3 (25.00%) Credit Risk
Operating Systems
1 1 (8.333%) UNIX
1 1 (8.333%) Solaris
Processes & Methodologies
1 7 (58.33%) Stress Testing
2 5 (41.67%) User Acceptance Testing
2 5 (41.67%) Data Analysis
3 4 (33.33%) Use Case
3 4 (33.33%) User Stories
3 4 (33.33%) Test Scripting
3 4 (33.33%) Agile Software Development
3 4 (33.33%) Business Analysis
3 4 (33.33%) Project Management
4 3 (25.00%) Risk Management
5 2 (16.67%) Fund Management
5 2 (16.67%) Business Continuity
5 2 (16.67%) DSDM
6 1 (8.333%) Data Modelling
6 1 (8.333%) Business Intelligence
6 1 (8.333%) Asset Management
6 1 (8.333%) Data Management
6 1 (8.333%) Systems Analysis
6 1 (8.333%) System Testing
Programming Languages
1 1 (8.333%) Perl
1 1 (8.333%) SQL
1 1 (8.333%) T-SQL
1 1 (8.333%) Tcl
1 1 (8.333%) Shell Script
1 1 (8.333%) MATLAB
Quality Assurance & Compliance
1 1 (8.333%) Solvency II
Vendors
1 3 (25.00%) Microsoft
2 1 (8.333%) Sun
2 1 (8.333%) Fidessa
2 1 (8.333%) HP
2 1 (8.333%) Intel
2 1 (8.333%) Reuters
2 1 (8.333%) StatPro
2 1 (8.333%) Twitter
View Algorithmics jobs Nationwide