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 24 July 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
24 Jul 2016
Same period 2015 Same period 2014
Alternative Investment Fund Managers Directive (AIFMD)
Rank 638 639 584
Rank change year-on-year
+1 -55
Contract jobs citing AIFMD 5 7 19
As % of all contract IT jobs located in the UK 0.009% 0.012% 0.036%
As % of the Quality Assurance & Compliance category 0.097% 0.13% 0.38%
Number of daily rates quoted 5 3 16
Median daily rate £375 £550 £550
Median daily rate % change year-on-year
-31.81% -
UK excluding London median daily rate £375 - -
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
5136 5396 5004
As % of all contract IT jobs located in the UK 9.49% 9.48% 9.42%
Number of daily rates quoted 3266 3504 3053
Median daily rate £425 £425 £405
Median daily rate % change year-on-year
- +4.93%
90% offered a daily rate of more than £243 £250 £240
10% offered a daily rate of more than £576 £600 £550
UK excluding London median daily rate £400 £399 £375
% change year-on-year
+0.19% +6.45%
Number of hourly rates quoted 200 196 204
Median hourly rate £27.60 £21.67 £20.00
Median hourly rate % change year-on-year
+27.39% +8.32%
90% offered a hourly rate of more than £10.22 £12.50 £12.50
10% offered a hourly rate of more than £47.50 £55.50 £43.00
UK excluding London median hourly rate £28.00 £22.50 £20.17
% change year-on-year
+24.44% +11.57%

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
Top 3 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 24 July 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 -17 5 £375 -31.81% 3
Manchester - 5 £375 -
North West - 5 £375 -

AIFMD
Top 30 Related IT Skills

For the 6 months to 24 July 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 14 (63.64%) MiFID
2 13 (59.09%) UCITS
3 12 (54.55%) Hedge funds
4 11 (50.00%) Project Management
5 10 (45.45%) Banking
6 9 (40.91%) Finance
6 9 (40.91%) Investment Banking
6 9 (40.91%) Business Analysis
7 7 (31.82%) Algorithmic Trading
7 7 (31.82%) Market Risk
7 7 (31.82%) EMIR
7 7 (31.82%) Summit
7 7 (31.82%) Asset Management
7 7 (31.82%) Murex
7 7 (31.82%) Calypso
7 7 (31.82%) Back Office
8 6 (27.27%) GAP Analysis
8 6 (27.27%) Derivative
9 5 (22.73%) Dodd-Frank
10 4 (18.18%) Front Office
11 3 (13.64%) PRINCE2
11 3 (13.64%) SDLC
12 2 (9.09%) Investment Management
12 2 (9.09%) QA
13 1 (4.55%) Fund Management
13 1 (4.55%) Wealth Management
13 1 (4.55%) Data Architecture
13 1 (4.55%) Greeks
13 1 (4.55%) Software Engineering
13 1 (4.55%) 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 7 (31.82%) Summit
General
1 10 (45.45%) Banking
2 9 (40.91%) Finance
2 9 (40.91%) Investment Banking
3 7 (31.82%) Back Office
4 4 (18.18%) Front Office
5 1 (4.55%) Legal
Job Titles
1 16 (72.73%) Analyst
1 16 (72.73%) Business Analyst
2 13 (59.09%) Project Manager
3 8 (36.36%) Investment Banking Business Analyst
4 7 (31.82%) Banking Analyst
4 7 (31.82%) Business Manager
4 7 (31.82%) Business Project Manager
4 7 (31.82%) Project Analyst
4 7 (31.82%) Regulatory Business Analyst
4 7 (31.82%) Regulatory Reporting Business Analyst
4 7 (31.82%) Report Analyst
5 6 (27.27%) Business Operations Manager
5 6 (27.27%) Operations Analyst
5 6 (27.27%) Operations Business Analyst
5 6 (27.27%) Transition Analyst
5 6 (27.27%) Transition Manager
5 6 (27.27%) Transition Project Manager
6 3 (13.64%) Programme Manager
7 2 (9.09%) Finance Manager
7 2 (9.09%) Finance Project Manager
Miscellaneous
1 12 (54.55%) Hedge funds
2 7 (31.82%) Market Risk
3 6 (27.27%) Derivative
4 1 (4.55%) Fixed Income
Processes & Methodologies
1 11 (50.00%) Project Management
2 9 (40.91%) Business Analysis
3 7 (31.82%) Algorithmic Trading
3 7 (31.82%) Asset Management
4 6 (27.27%) GAP Analysis
5 3 (13.64%) PRINCE2
5 3 (13.64%) SDLC
6 2 (9.09%) Investment Management
7 1 (4.55%) Data Architecture
7 1 (4.55%) Fund Management
7 1 (4.55%) Greeks
7 1 (4.55%) Regression Testing
7 1 (4.55%) Risk Management
7 1 (4.55%) Software Engineering
7 1 (4.55%) Stakeholder Management
7 1 (4.55%) Validation
7 1 (4.55%) Wealth Management
Programming Languages
1 1 (4.55%) SQL
Quality Assurance & Compliance
1 14 (63.64%) MiFID
2 13 (59.09%) UCITS
3 7 (31.82%) EMIR
4 5 (22.73%) Dodd-Frank
5 2 (9.09%) QA
6 1 (4.55%) FATCA
Vendors
1 7 (31.82%) Calypso
1 7 (31.82%) Murex
2 1 (4.55%) Bloomberg