The table below looks at the statistics for Algo Collateral skills in IT contracts advertised for the 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 20 October 2014 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.

Location
3 months to
20 Oct 2014
Same period 2013 Same period 2012
Algorithmics Algo Collateral
Rank 425 441 396
Rank change year-on-year
+16 -45
Contract jobs citing Algo Collateral 3 1 9
As % of all contract IT jobs located in London 0.012% 0.004% 0.036%
As % of the Business Applications category 0.14% 0.045% 0.37%
Number of daily rates quoted 3 1 9
Average daily rate
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£525 £425 £600
Average daily rate % change year-on-year
+23.52% -29.16%
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Algo Collateral
England

The following table is for comparison with the above and provides statistics for the entire Business Applications category in contract jobs advertised in the London region.

Business Applications Category
London
Contract IT job ads with a match in the
Business Applications category
2204 2226 2447
As % of all contract IT jobs located in London 8.94% 8.78% 9.83%
Number of daily rates quoted 1427 1402 1458
Average daily rate £450 £450 £475
Average daily rate % change year-on-year
- -5.26%
90% offered a daily rate of more than £315 £295 £325
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £425 £400 £425
% change year-on-year
+6.25% -5.88%
Number of hourly rates quoted 14 12 13
Average hourly rate £21.00 £17.00 £41.25
Average hourly rate % change year-on-year
+23.52% -58.78%
90% offered a hourly rate of more than £13.00 £14.50 £20.40
10% offered a hourly rate of more than £123.75 £31.20 £50.00
UK excluding London average hourly rate £29.75 £22.50 £35.00
% change year-on-year
+32.22% -35.71%

Algo Collateral
Jobs Demand Trend in London

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

Algo Collateral Jobs Demand Trend in London

Algo Collateral
Daily Rate Trend in London

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

Algo Collateral Daily Rate Trend in London

Algo Collateral
Contract Job Locations in London

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Algo Collateral within the London region over the 3 months to 20 October 2014. 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
(Use links below to see detailed
statistics and historical trends)
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
Live
Job
Vacancies
City of London - 3 £525 - 1
Algo Collateral
England

Algo Collateral
Top 14 Related IT Skills in London

For the 6 months to 20 October 2014, IT contractor jobs across the 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 5 (100.00%) SQL
2 4 (80.00%) Banking
2 4 (80.00%) Investment Banking
3 3 (60.00%) UNIX
4 2 (40.00%) GAP Analysis
4 2 (40.00%) Back Office
4 2 (40.00%) VB
4 2 (40.00%) Business Analysis
5 1 (20.00%) Credit Risk
5 1 (20.00%) Market Risk
5 1 (20.00%) Cash Management
5 1 (20.00%) Oracle Cash Management
5 1 (20.00%) Oracle
5 1 (20.00%) Change Management

Algo Collateral
Top Related IT Skills in London by Category

For the 6 months to 20 October 2014, IT contractor jobs across the 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.

Business Applications
1 1 (20.00%) Oracle Cash Management
General
1 4 (80.00%) Banking
1 4 (80.00%) Investment Banking
2 2 (40.00%) Back Office
Job Titles
1 4 (80.00%) Business Analyst
1 4 (80.00%) Analyst
2 2 (40.00%) Investment Banking Business Analyst
3 1 (20.00%) Production Manager
3 1 (20.00%) Support Manager
Miscellaneous
1 1 (20.00%) Credit Risk
1 1 (20.00%) Market Risk
Operating Systems
1 3 (60.00%) UNIX
Processes & Methodologies
1 2 (40.00%) GAP Analysis
1 2 (40.00%) Business Analysis
2 1 (20.00%) Cash Management
2 1 (20.00%) Change Management
Programming Languages
1 5 (100.00%) SQL
2 2 (40.00%) VB
Vendors
1 1 (20.00%) Oracle
City, London
McGregor Boyall
Rate: £450 - £600 per day
Posted: Yesterday