The table below looks at the statistics for knowledge and experience of Algorithmics products and/or services in IT contracts advertised for the London region. Included is a guide to the contractor rates offered in IT contracts that have cited Algorithmics over the 3 months to 28 July 2016 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.

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

3 months to
28 Jul 2016
Same period 2015 Same period 2014
Algorithmics
Rank - - 420
Contract jobs citing Algorithmics 0 0 2
As % of all contract IT jobs located in London - - 0.008%
As % of the Vendors category - - 0.019%
Number of daily rates quoted 0 0 2
Median daily rate - - £613
UK excluding London median daily rate - £450 -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
Algorithmics
England

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

Vendors Category
London
Contract IT job ads with a match in the
Vendors category
9243 10290 10467
As % of all contract IT jobs located in London 41.69% 43.66% 44.34%
Number of daily rates quoted 6276 6837 6581
Median daily rate £450 £425 £420
Median daily rate % change year-on-year
+5.88% +1.19%
90% offered a daily rate of more than £275 £250 £230
10% offered a daily rate of more than £600 £600 £575
UK excluding London median daily rate £375 £365 £350
% change year-on-year
+2.73% +4.28%
Number of hourly rates quoted 95 254 224
Median hourly rate £17.00 £18.61 £19.00
Median hourly rate % change year-on-year
-8.62% -2.07%
90% offered a hourly rate of more than £11.00 £11.98 £12.50
10% offered a hourly rate of more than £35.00 £52.17 £34.20
UK excluding London median hourly rate £20.00 £18.00 £17.50
% change year-on-year
+11.11% +2.85%

Algorithmics
Jobs Demand Trend in London

The demand trend of contract jobs across the London region citing Algorithmics as a proportion of all IT contracts with a match in 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
Top 30 Related IT Skills in London

For the 6 months to 28 July 2016, IT contractor jobs citing Algorithmics also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the London region with a requirement for Algorithmics.

1 7 (77.78%) Banking
1 7 (77.78%) Credit Risk
1 7 (77.78%) Market Risk
2 6 (66.67%) Stress Testing
2 6 (66.67%) Business Analysis
2 6 (66.67%) Finance
3 5 (55.56%) Murex
4 4 (44.44%) Fixed Income
4 4 (44.44%) Data Warehouse
4 4 (44.44%) Investment Banking
5 3 (33.33%) Derivative
5 3 (33.33%) OTC Derivatives
5 3 (33.33%) IBM
5 3 (33.33%) Migration
6 2 (22.22%) Equities
6 2 (22.22%) Process Management
6 2 (22.22%) Financial Institution
6 2 (22.22%) Risk Management
6 2 (22.22%) BEA
6 2 (22.22%) Project Management
6 2 (22.22%) Business Intelligence
6 2 (22.22%) Java
6 2 (22.22%) OO
6 2 (22.22%) J2EE
6 2 (22.22%) Oracle
6 2 (22.22%) WebSphere Application Server
6 2 (22.22%) WebLogic
6 2 (22.22%) JSP
6 2 (22.22%) Servlets
6 2 (22.22%) XML

Algorithmics
Top Related IT Skills in London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 2 (22.22%) WebLogic
1 2 (22.22%) WebSphere
1 2 (22.22%) WebSphere Application Server
Database & Business Intelligence
1 4 (44.44%) Data Warehouse
2 2 (22.22%) Oracle Database
3 1 (11.11%) Data Mining
Development Applications
1 1 (11.11%) JIRA
1 1 (11.11%) TestDirector
General
1 7 (77.78%) Banking
2 6 (66.67%) Finance
3 4 (44.44%) Investment Banking
4 2 (22.22%) Financial Institution
5 1 (11.11%) Advertising
Job Titles
1 4 (44.44%) Analyst
1 4 (44.44%) Business Analyst
2 2 (22.22%) Architect
2 2 (22.22%) Business IT Analyst
2 2 (22.22%) Credit Analyst
2 2 (22.22%) Credit Risk Analyst
2 2 (22.22%) Credit Risk Business Analyst
2 2 (22.22%) IT Analyst
2 2 (22.22%) IT Business Analyst
2 2 (22.22%) IT Risk Analyst
2 2 (22.22%) Market Risk Analyst
2 2 (22.22%) Market Risk Business Analyst
2 2 (22.22%) Risk Analyst
2 2 (22.22%) Risk Business Analyst
2 2 (22.22%) Solutions Architect
3 1 (11.11%) Investment Banking Business Analyst
Libraries, Frameworks & Software Standards
1 2 (22.22%) J2EE
1 2 (22.22%) JSP
1 2 (22.22%) Servlets
1 2 (22.22%) XML
Miscellaneous
1 7 (77.78%) Credit Risk
1 7 (77.78%) Market Risk
2 4 (44.44%) Fixed Income
3 3 (33.33%) Derivative
3 3 (33.33%) OTC Derivatives
4 2 (22.22%) Computer Science
4 2 (22.22%) Equities
4 2 (22.22%) Hedge funds
Processes & Methodologies
1 6 (66.67%) Business Analysis
1 6 (66.67%) Stress Testing
2 3 (33.33%) Migration
3 2 (22.22%) Analytics
3 2 (22.22%) Asset Management
3 2 (22.22%) Business Development
3 2 (22.22%) Business Intelligence
3 2 (22.22%) Data Analysis
3 2 (22.22%) OO
3 2 (22.22%) Presales
3 2 (22.22%) Process Management
3 2 (22.22%) Project Management
3 2 (22.22%) Risk Analytics
3 2 (22.22%) Risk Management
3 2 (22.22%) Software Engineering
4 1 (11.11%) Agile Software Development
4 1 (11.11%) RUP
4 1 (11.11%) Test Scripting
4 1 (11.11%) Use Case
4 1 (11.11%) User Stories
Programming Languages
1 2 (22.22%) Java
2 1 (11.11%) SQL
Qualifications
1 2 (22.22%) Degree
Quality Assurance & Compliance
1 1 (11.11%) Data Quality
Systems Management
1 1 (11.11%) HP Quality Center
Vendors
1 5 (55.56%) Murex
2 3 (33.33%) IBM
3 2 (22.22%) BEA
3 2 (22.22%) Oracle