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 1 April 2015 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
1 Apr 2015
Same period 2014 Same period 2013
Alternative Investment Fund Managers Directive (AIFMD)
Rank 572 569 506
Rank change year-on-year
-3 -63
Contract jobs citing AIFMD 14 24 38
As % of all contract IT jobs located in the UK 0.025% 0.044% 0.080%
As % of the Quality Assurance & Compliance category 0.32% 0.56% 1.09%
Number of daily rates quoted 14 16 33
Average daily rate
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£625 £506 £600
Average daily rate % change year-on-year
+23.45% -15.62%
UK excluding London average daily rate - - £440
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
4417 4272 3495
As % of all contract IT jobs located in the UK 7.92% 7.89% 7.39%
Number of daily rates quoted 2617 2550 2013
Average daily rate £400 £400 £400
90% offered a daily rate of more than £240 £246 £221
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £385 £370 £330
% change year-on-year
+4.05% +12.12%
Number of hourly rates quoted 135 179 167
Average hourly rate £22.50 £17.50 £20.00
Average hourly rate % change year-on-year
+28.57% -12.50%
90% offered a hourly rate of more than £11.25 £10.83 £10.50
10% offered a hourly rate of more than £45.00 £45.00 £46.88
UK excluding London average hourly rate £22.50 £17.75 £19.00
% change year-on-year
+26.76% -6.57%

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 1 April 2015.

AIFMD Daily Rate Histogram in the UK

AIFMD
Top 5 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 1 April 2015. 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
London -2 14 £625 +23.45% 1
England -18 14 £625 +23.45% 1
City of London +11 2 £625 -3.84%
Scotland - - - - 1
Edinburgh - - - - 1

AIFMD
Top 30 Related IT Skills

For the 6 months to 1 April 2015, 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 10 (66.67%) Asset Management
2 5 (33.33%) Finance
3 4 (26.67%) SQL
3 4 (26.67%) VBA
3 4 (26.67%) Data Analysis
3 4 (26.67%) Statistical Analysis
3 4 (26.67%) Credit Risk
3 4 (26.67%) Banking
3 4 (26.67%) Analytics
4 3 (20.00%) EMIR
4 3 (20.00%) Quantitative Analysis
4 3 (20.00%) Solvency II
4 3 (20.00%) Stress Testing
4 3 (20.00%) Statistics
4 3 (20.00%) MiFID
4 3 (20.00%) Fund Management
4 3 (20.00%) Investment Banking
4 3 (20.00%) SAS
4 3 (20.00%) MATLAB
5 2 (13.33%) Change Management
5 2 (13.33%) Project Management
5 2 (13.33%) Microsoft
5 2 (13.33%) Front Office
5 2 (13.33%) UCITS
6 1 (6.67%) Investment Management
6 1 (6.67%) Portfolio Management
6 1 (6.67%) FATCA
6 1 (6.67%) Data Management
6 1 (6.67%) Back Office
6 1 (6.67%) Wealth Management

AIFMD
Top Related IT Skills by Category

For the 6 months to 1 April 2015, 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.

Application Platforms
1 3 (20.00%) SAS
Applications
1 1 (6.67%) MS Project
1 1 (6.67%) MS Excel
1 1 (6.67%) MS Visio
General
1 5 (33.33%) Finance
2 4 (26.67%) Banking
3 3 (20.00%) Investment Banking
4 2 (13.33%) Front Office
5 1 (6.67%) Back Office
Job Titles
1 10 (66.67%) Analyst
2 7 (46.67%) Business Analyst
3 4 (26.67%) AIFMD Business Analyst
4 3 (20.00%) Credit Risk Analyst
4 3 (20.00%) Credit Analyst
4 3 (20.00%) Risk Analyst
4 3 (20.00%) Project Manager
5 2 (13.33%) IT Business Analyst
6 1 (6.67%) Business Data Analyst
6 1 (6.67%) Process Manager
6 1 (6.67%) Report Analyst
6 1 (6.67%) Data Analyst
Miscellaneous
1 4 (26.67%) Credit Risk
2 3 (20.00%) Statistics
3 1 (6.67%) Foreign Exchange (FX)
3 1 (6.67%) Fixed Income
3 1 (6.67%) Equities
Processes & Methodologies
1 10 (66.67%) Asset Management
2 4 (26.67%) Data Analysis
2 4 (26.67%) Statistical Analysis
2 4 (26.67%) Analytics
3 3 (20.00%) Quantitative Analysis
3 3 (20.00%) Stress Testing
3 3 (20.00%) Fund Management
4 2 (13.33%) Change Management
4 2 (13.33%) Project Management
5 1 (6.67%) Investment Management
5 1 (6.67%) Portfolio Management
5 1 (6.67%) Data Management
5 1 (6.67%) Wealth Management
5 1 (6.67%) Enterprise Data Management
5 1 (6.67%) PRINCE2
5 1 (6.67%) Data Security
5 1 (6.67%) Stakeholder Management
Programming Languages
1 4 (26.67%) SQL
1 4 (26.67%) VBA
2 3 (20.00%) MATLAB
Quality Assurance & Compliance
1 3 (20.00%) EMIR
1 3 (20.00%) Solvency II
1 3 (20.00%) MiFID
2 2 (13.33%) UCITS
3 1 (6.67%) FATCA
Vendors
1 2 (13.33%) Microsoft