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

Location
3 months to
5 Feb 2016
Same period 2015 Same period 2014
Alternative Investment Fund Managers Directive (AIFMD)
Rank 597 599 555
Rank change year-on-year
+2 -44
Contract jobs citing AIFMD 22 2 24
As % of all contract IT jobs located in the UK 0.043% 0.004% 0.049%
As % of the Quality Assurance & Compliance category 0.43% 0.042% 0.55%
Number of daily rates quoted 12 2 16
Average daily rate £550 £548 £450
Average daily rate % change year-on-year
+0.36% +21.77%
90% offered a daily rate of more than £400 £426 £240
10% offered a daily rate of more than £623 £670 £655
UK excluding London average daily rate - £396 £490
% change year-on-year
- -19.18%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average 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
5104 4797 4354
As % of all contract IT jobs located in the UK 9.92% 9.47% 8.96%
Number of daily rates quoted 3150 2945 2533
Average daily rate £425 £400 £405
Average daily rate % change year-on-year
+6.25% -1.23%
90% offered a daily rate of more than £263 £225 £230
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £400 £380 £350
% change year-on-year
+5.26% +8.57%
Number of hourly rates quoted 210 175 163
Average hourly rate £42.00 £22.50 £17.00
Average hourly rate % change year-on-year
+86.66% +32.35%
90% offered a hourly rate of more than £14.20 £11.00 £10.93
10% offered a hourly rate of more than £60.98 £47.50 £42.50
UK excluding London average hourly rate £42.00 £25.00 £17.15
% change year-on-year
+68.00% +45.77%

AIFMD
Jobs Demand Trend

This chart provides the 3-month moving total of IT contractor jobs citing AIFMD within the UK as a proportion of the total demand within 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 February 2016.

AIFMD Daily Rate Histogram in the UK

AIFMD
Top 4 Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing AIFMD within the UK over the 3 months to 5 February 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
(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
England +21 22 £550 -21.42% 5
London +15 22 £550 -21.42% 5
City of London - 1 £550 - 1
Canary Wharf - 1 £675 -

AIFMD
Top 30 Related IT Skills

For the 6 months to 5 February 2016, IT contractor jobs within the UK citing AIFMD 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 AIFMD.

1 43 (95.56%) MiFID
2 34 (75.56%) EMIR
3 29 (64.44%) Banking
4 25 (55.56%) Hedge funds
5 24 (53.33%) Investment Banking
6 20 (44.44%) Back Office
7 19 (42.22%) Murex
7 19 (42.22%) Calypso
7 19 (42.22%) Summit
7 19 (42.22%) Algorithmic Trading
7 19 (42.22%) Market Risk
8 17 (37.78%) Asset Management
9 14 (31.11%) Business Analysis
10 13 (28.89%) Finance
11 12 (26.67%) Stakeholder Management
11 12 (26.67%) UCITS
12 11 (24.44%) Dodd-Frank
13 9 (20.00%) Solvency II
13 9 (20.00%) Investment Management
14 8 (17.78%) Front Office
14 8 (17.78%) Project Management
15 7 (15.56%) Legal
15 7 (15.56%) Derivative
16 5 (11.11%) Fund Management
16 5 (11.11%) SDLC
17 4 (8.89%) FATCA
17 4 (8.89%) Electronics
17 4 (8.89%) PRINCE2
17 4 (8.89%) Computer Science
17 4 (8.89%) QA

AIFMD
Top Related IT Skills by Category

For the 6 months to 5 February 2016, IT contractor jobs within the UK citing AIFMD 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 AIFMD. Up to 20 skills are shown per category.

Business Applications
1 19 (42.22%) Summit
2 1 (2.22%) Eagle PACE
2 1 (2.22%) Markit EDM
Communications & Networking
1 2 (4.44%) HTTPS
Database & Business Intelligence
1 1 (2.22%) Data Mining
General
1 29 (64.44%) Banking
2 24 (53.33%) Investment Banking
3 20 (44.44%) Back Office
4 13 (28.89%) Finance
5 8 (17.78%) Front Office
6 7 (15.56%) Legal
7 4 (8.89%) Electronics
8 3 (6.67%) Financial Institution
9 1 (2.22%) Marketing
Job Titles
1 38 (84.44%) Analyst
1 38 (84.44%) Business Analyst
2 29 (64.44%) Regulatory Business Analyst
3 20 (44.44%) Banking Analyst
4 19 (42.22%) Investment Banking Business Analyst
5 18 (40.00%) Regulatory Reporting Business Analyst
5 18 (40.00%) Report Analyst
6 9 (20.00%) Business Change Analyst
6 9 (20.00%) Business Change Business Analyst
7 7 (15.56%) Project Manager
8 5 (11.11%) Senior Analyst
8 5 (11.11%) Senior Business Analyst
9 4 (8.89%) MiFID Business Analyst
9 4 (8.89%) Programme Manager
10 3 (6.67%) Business Consultant
10 3 (6.67%) Business Systems Analyst
10 3 (6.67%) Consultant
10 3 (6.67%) Investment Management Business Analyst
11 2 (4.44%) Change Management Business Analyst
11 2 (4.44%) Finance Manager
Miscellaneous
1 25 (55.56%) Hedge funds
2 19 (42.22%) Market Risk
3 7 (15.56%) Derivative
4 4 (8.89%) Computer Science
4 4 (8.89%) Economics
5 3 (6.67%) Analytical Skills
5 3 (6.67%) Foreign Exchange (FX)
6 1 (2.22%) Fixed Income
6 1 (2.22%) Management Information System
6 1 (2.22%) Statistics
Processes & Methodologies
1 19 (42.22%) Algorithmic Trading
2 17 (37.78%) Asset Management
3 14 (31.11%) Business Analysis
4 12 (26.67%) Stakeholder Management
5 9 (20.00%) Investment Management
6 8 (17.78%) Project Management
7 5 (11.11%) Fund Management
7 5 (11.11%) SDLC
8 4 (8.89%) PRINCE2
9 3 (6.67%) GAP Analysis
10 2 (4.44%) Regression Testing
10 2 (4.44%) User Acceptance Testing
10 2 (4.44%) Validation
11 1 (2.22%) Anti-Money Laundering
11 1 (2.22%) BPMN
11 1 (2.22%) Change Management
11 1 (2.22%) Data Architecture
11 1 (2.22%) KYC
11 1 (2.22%) UML
11 1 (2.22%) Wealth Management
Programming Languages
1 3 (6.67%) SQL
Qualifications
1 3 (6.67%) Degree
2 1 (2.22%) CBAP
Quality Assurance & Compliance
1 43 (95.56%) MiFID
2 34 (75.56%) EMIR
3 12 (26.67%) UCITS
4 11 (24.44%) Dodd-Frank
5 9 (20.00%) Solvency II
6 4 (8.89%) FATCA
6 4 (8.89%) QA
Vendors
1 19 (42.22%) Calypso
1 19 (42.22%) Murex
2 1 (2.22%) Bloomberg
2 1 (2.22%) FactSet
2 1 (2.22%) Reuters
London
Aston Carter
Rate: £500 - £550 per day
Posted: 3 days ago