The first table below looks at the demand for knowledge and experience of Algorithmics products and/or services in IT contracts advertised for the London region. Included is a guide to the average contractor rates offered in IT contracts that have cited Algorithmics over the 3 months to 24 July 2014 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 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
24 Jul 2014
Same period 2013 Same period 2012
Algorithmics
Rank 399 403 398
Rank change year-on-year
+4 -5
Contract jobs citing Algorithmics 2 4 13
As % of all contract IT jobs located in London 0.008% 0.017% 0.049%
As % of the Vendors category 0.019% 0.036% 0.11%
Number of daily rates quoted 2 4 11
Average daily rate
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£613 £550 £600
Average daily rate % change year-on-year
+11.36% -8.33%
90% offered a daily rate of more than £603 £550 £425
10% offered a daily rate of more than £623 £550 £650
UK excluding London average daily rate - £1,000 -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Vendors Category
London
Contract IT job ads with a match in the
Vendors category
10539 11111 11854
As % of all contract IT jobs located in London 44.69% 45.84% 45.06%
Number of daily rates quoted 6671 7064 7132
Average daily rate £425 £425 £410
Average daily rate % change year-on-year
- +3.65%
90% offered a daily rate of more than £235 £255 £250
10% offered a daily rate of more than £575 £575 £575
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 222 290 331
Average hourly rate £19.00 £22.00 £20.00
Average hourly rate % change year-on-year
-13.63% +10.00%
90% offered a hourly rate of more than £12.50 £12.50 £13.00
10% offered a hourly rate of more than £34.40 £48.00 £35.50
UK excluding London average hourly rate £17.50 £19.50 £19.21
% change year-on-year
-10.25% +1.50%
Algorithmics
England

Algorithmics
Jobs Demand Trend in London

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

Algorithmics Jobs Demand Trend in London

Algorithmics
Daily Rate Trend in London

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

Algorithmics Daily Rate Trend in London

Algorithmics
Hourly Rate Trend in London

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

Algorithmics Hourly Rate Trend in London

Algorithmics
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 Algorithmics within the London region over the 3 months to 24 July 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 - 1 £600 -
Algorithmics
England

Algorithmics
Top 9 Related IT Skills in London

For the 6 months to 24 July 2014, IT contractor jobs across the 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 (100.00%) Charles River
1 2 (100.00%) Risk Management
1 2 (100.00%) Fixed Income
1 2 (100.00%) LatentZero
1 2 (100.00%) Business Analysis
1 2 (100.00%) thinkFolio
1 2 (100.00%) Investment Management
2 1 (50.00%) Front Office
2 1 (50.00%) SQL

Algorithmics
Top Related IT Skills in London by Category

For the 6 months to 24 July 2014, IT contractor jobs across the 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.

Business Applications
1 2 (100.00%) LatentZero
General
1 1 (50.00%) Front Office
Job Titles
1 2 (100.00%) Business Analyst
1 2 (100.00%) Analyst
1 2 (100.00%) Senior Business Analyst
1 2 (100.00%) Senior Analyst
Miscellaneous
1 2 (100.00%) Fixed Income
Processes & Methodologies
1 2 (100.00%) Risk Management
1 2 (100.00%) Business Analysis
1 2 (100.00%) Investment Management
Programming Languages
1 1 (50.00%) SQL
Vendors
1 2 (100.00%) Charles River
1 2 (100.00%) thinkFolio