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 average contractor rates offered in IT contracts that have cited Algorithmics over the 3 months to 1 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.

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
1 Oct 2014
Same period 2013 Same period 2012
Algorithmics
Rank - 419 396
Contract jobs citing Algorithmics 0 4 25
As % of all contract IT jobs located in London - 0.016% 0.097%
As % of the Vendors category - 0.035% 0.21%
Number of daily rates quoted 0 3 19
Average daily rate
Keep up to 90%
of your Daily Rate
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- £500 £580
Average daily rate % change year-on-year
- -13.79%
UK excluding London average daily rate - £1,000 £400
% change year-on-year
- +150.00%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average 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
11031 11581 11746
As % of all contract IT jobs located in London 45.52% 45.91% 45.79%
Number of daily rates quoted 7245 7566 7184
Average daily rate £425 £425 £425
90% offered a daily rate of more than £240 £250 £250
10% offered a daily rate of more than £575 £600 £590
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 244 240 321
Average hourly rate £19.00 £19.50 £19.13
Average hourly rate % change year-on-year
-2.56% +1.96%
90% offered a hourly rate of more than £13.09 £13.00 £12.50
10% offered a hourly rate of more than £37.50 £45.00 £41.93
UK excluding London average hourly rate £19.00 £18.50 £18.75
% change year-on-year
+2.70% -1.33%

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
Top 10 Related IT Skills in London

For the 6 months to 1 October 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%) Risk Management
1 2 (100.00%) Fixed Income
1 2 (100.00%) Agile Software Development
1 2 (100.00%) LatentZero
1 2 (100.00%) Business Analysis
1 2 (100.00%) thinkFolio
1 2 (100.00%) Investment Management
1 2 (100.00%) Charles River
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 1 October 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%) Senior Analyst
1 2 (100.00%) Business Analyst
1 2 (100.00%) Analyst
1 2 (100.00%) Senior Business Analyst
Miscellaneous
1 2 (100.00%) Fixed Income
Processes & Methodologies
1 2 (100.00%) Risk Management
1 2 (100.00%) Agile Software Development
1 2 (100.00%) Business Analysis
1 2 (100.00%) Investment Management
Programming Languages
1 1 (50.00%) SQL
Vendors
1 2 (100.00%) thinkFolio
1 2 (100.00%) Charles River