The table below looks at the statistics for AIFMD skills in IT contracts advertised across the UK. Included is a guide to the contractor rates offered in IT contracts that have cited AIFMD over the 3 months to 5 May 2016 with a comparison to the same period over 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.

3 months to
5 May 2016
Same period 2015 Same period 2014
Alternative Investment Fund Managers Directive (AIFMD)
Rank 639 623 588
Rank change year-on-year
-16 -35
Contract jobs citing AIFMD 14 17 28
As % of all contract IT jobs located in the UK 0.025% 0.030% 0.051%
As % of the Quality Assurance & Compliance category 0.28% 0.33% 0.56%
Number of daily rates quoted 9 17 20
Median daily rate £375 £625 £525
Median daily rate % change year-on-year
-40.00% +19.04%
90% offered a daily rate of more than £320 £265 £374
10% offered a daily rate of more than £605 £625 £650
UK excluding London median daily rate £375 - £383
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

The following table is for comparison with the above and provides statistics for the entire Quality Assurance & Compliance category in contract jobs advertised across the UK.

Quality Assurance & Compliance Category
UK
Contract IT job ads with a match in the
Quality Assurance & Compliance category
4977 5098 5023
As % of all contract IT jobs located in the UK 8.96% 9.14% 9.22%
Number of daily rates quoted 3157 3123 3041
Median daily rate £425 £410 £400
Median daily rate % change year-on-year
+3.65% +2.50%
90% offered a daily rate of more than £260 £260 £248
10% offered a daily rate of more than £600 £600 £600
UK excluding London median daily rate £400 £388 £365
% change year-on-year
+3.22% +6.16%
Number of hourly rates quoted 186 168 229
Median hourly rate £22.50 £26.00 £21.00
Median hourly rate % change year-on-year
-13.46% +23.80%
90% offered a hourly rate of more than £11.88 £12.10 £11.00
10% offered a hourly rate of more than £52.50 £49.50 £43.50
UK excluding London median hourly rate £22.50 £29.00 £21.00
% change year-on-year
-22.41% +38.09%

AIFMD
Jobs Demand Trend

The demand trend of contract jobs citing AIFMD as a proportion of all IT contracts with a match in the Quality Assurance & Compliance category.

AIFMD Jobs Demand Trend in the UK

AIFMD
Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing AIFMD within the UK.

AIFMD Daily Rate Trend in the UK

AIFMD
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing AIFMD within the UK over the 3 months to 5 May 2016.

AIFMD Daily Rate Histogram in the UK

AIFMD
Top 7 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing AIFMD within the UK over the 3 months to 5 May 2016. 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 see detailed
statistics and trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
England -29 13 £375 -40.00%
London -6 9 £589 -5.80%
Manchester - 4 £375 -
North West - 4 £375 -
City of London +36 2 £613 -2.00%
Scotland - 1 £325 -
Glasgow - 1 £325 -

AIFMD
Top 30 Related IT Skills

For the 6 months to 5 May 2016, IT contractor jobs citing AIFMD also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads with a requirement for AIFMD.

1 31 (86.11%) MiFID
2 22 (61.11%) Hedge funds
3 20 (55.56%) EMIR
3 20 (55.56%) Banking
4 18 (50.00%) Investment Banking
5 16 (44.44%) UCITS
5 16 (44.44%) Asset Management
6 14 (38.89%) Back Office
7 13 (36.11%) Murex
7 13 (36.11%) Calypso
7 13 (36.11%) Algorithmic Trading
7 13 (36.11%) Market Risk
7 13 (36.11%) Summit
8 12 (33.33%) Business Analysis
8 12 (33.33%) Finance
8 12 (33.33%) Dodd-Frank
9 11 (30.56%) Project Management
10 10 (27.78%) Derivative
11 8 (22.22%) Front Office
12 6 (16.67%) SDLC
13 5 (13.89%) GAP Analysis
13 5 (13.89%) PRINCE2
13 5 (13.89%) Investment Management
14 4 (11.11%) Computer Science
14 4 (11.11%) QA
14 4 (11.11%) Fund Management
14 4 (11.11%) Economics
14 4 (11.11%) Electronics
14 4 (11.11%) Stakeholder Management
14 4 (11.11%) FATCA

AIFMD
Top Related IT Skills 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:

Business Applications
1 13 (36.11%) Summit
2 1 (2.78%) Eagle PACE
2 1 (2.78%) Markit EDM
Communications & Networking
1 2 (5.56%) HTTPS
General
1 20 (55.56%) Banking
2 18 (50.00%) Investment Banking
3 14 (38.89%) Back Office
4 12 (33.33%) Finance
5 8 (22.22%) Front Office
6 4 (11.11%) Electronics
7 3 (8.33%) Legal
Job Titles
1 26 (72.22%) Analyst
1 26 (72.22%) Business Analyst
2 18 (50.00%) Regulatory Business Analyst
3 14 (38.89%) Investment Banking Business Analyst
3 14 (38.89%) Regulatory Reporting Business Analyst
3 14 (38.89%) Report Analyst
4 13 (36.11%) Banking Analyst
4 13 (36.11%) Project Manager
5 4 (11.11%) Business Manager
5 4 (11.11%) Business Project Manager
5 4 (11.11%) Programme Manager
5 4 (11.11%) Project Analyst
6 3 (8.33%) Business Operations Manager
6 3 (8.33%) Operations Analyst
6 3 (8.33%) Operations Business Analyst
6 3 (8.33%) Transition Analyst
6 3 (8.33%) Transition Manager
6 3 (8.33%) Transition Project Manager
7 2 (5.56%) Finance Manager
7 2 (5.56%) Investment Management Business Analyst
Miscellaneous
1 22 (61.11%) Hedge funds
2 13 (36.11%) Market Risk
3 10 (27.78%) Derivative
4 4 (11.11%) Computer Science
4 4 (11.11%) Economics
5 1 (2.78%) Analytical Skills
5 1 (2.78%) Fixed Income
5 1 (2.78%) Foreign Exchange (FX)
Processes & Methodologies
1 16 (44.44%) Asset Management
2 13 (36.11%) Algorithmic Trading
3 12 (33.33%) Business Analysis
4 11 (30.56%) Project Management
5 6 (16.67%) SDLC
6 5 (13.89%) GAP Analysis
6 5 (13.89%) Investment Management
6 5 (13.89%) PRINCE2
7 4 (11.11%) Fund Management
7 4 (11.11%) Stakeholder Management
8 3 (8.33%) Regression Testing
9 2 (5.56%) Data Architecture
9 2 (5.56%) Validation
9 2 (5.56%) Wealth Management
10 1 (2.78%) Data Management
10 1 (2.78%) Enterprise Data Management
10 1 (2.78%) Greeks
10 1 (2.78%) Risk Management
10 1 (2.78%) Software Engineering
10 1 (2.78%) UML
Programming Languages
1 3 (8.33%) SQL
Qualifications
1 1 (2.78%) CBAP
1 1 (2.78%) Degree
Quality Assurance & Compliance
1 31 (86.11%) MiFID
2 20 (55.56%) EMIR
3 16 (44.44%) UCITS
4 12 (33.33%) Dodd-Frank
5 4 (11.11%) FATCA
5 4 (11.11%) QA
5 4 (11.11%) Solvency II
Vendors
1 13 (36.11%) Calypso
1 13 (36.11%) Murex
2 2 (5.56%) Bloomberg
3 1 (2.78%) FactSet
3 1 (2.78%) Reuters