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 29 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
29 May 2016
Same period 2015 Same period 2014
Alternative Investment Fund Managers Directive (AIFMD)
Rank 634 632 596
Rank change year-on-year
-2 -36
Contract jobs citing AIFMD 12 13 27
As % of all contract IT jobs located in the UK 0.022% 0.023% 0.050%
As % of the Quality Assurance & Compliance category 0.24% 0.25% 0.54%
Number of daily rates quoted 10 12 23
Median daily rate £375 £625 £500
Median daily rate % change year-on-year
-40.00% +25.00%
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
4918 5271 5012
As % of all contract IT jobs located in the UK 9.16% 9.41% 9.36%
Number of daily rates quoted 3137 3356 3067
Median daily rate £425 £413 £400
Median daily rate % change year-on-year
+3.03% +3.12%
90% offered a daily rate of more than £263 £260 £240
10% offered a daily rate of more than £600 £600 £600
UK excluding London median daily rate £400 £375 £365
% change year-on-year
+6.66% +2.73%
Number of hourly rates quoted 192 174 240
Median hourly rate £25.75 £21.55 £21.00
Median hourly rate % change year-on-year
+19.48% +2.61%
90% offered a hourly rate of more than £11.78 £12.00 £11.50
10% offered a hourly rate of more than £48.40 £57.00 £42.50
UK excluding London median hourly rate £28.25 £24.00 £21.00
% change year-on-year
+17.70% +14.28%

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 29 May 2016.

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 median contractor rates quoted in IT jobs citing AIFMD within the UK over the 3 months to 29 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 +9 12 £375 -40.00% 2
Manchester - 7 £375 -
North West - 7 £375 -
London -1 5 £600 -4.00% 2
City of London - 2 £613 -

AIFMD
Top 30 Related IT Skills

For the 6 months to 29 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 23 (74.19%) MiFID
2 18 (58.06%) Hedge funds
2 18 (58.06%) UCITS
3 15 (48.39%) Banking
4 14 (45.16%) Asset Management
4 14 (45.16%) Investment Banking
4 14 (45.16%) Project Management
4 14 (45.16%) Finance
5 13 (41.94%) Business Analysis
6 12 (38.71%) EMIR
7 10 (32.26%) Dodd-Frank
7 10 (32.26%) Derivative
7 10 (32.26%) Back Office
8 9 (29.03%) Summit
8 9 (29.03%) Murex
8 9 (29.03%) Calypso
8 9 (29.03%) Algorithmic Trading
8 9 (29.03%) Market Risk
9 8 (25.81%) Front Office
10 7 (22.58%) GAP Analysis
11 6 (19.35%) SDLC
12 5 (16.13%) PRINCE2
13 4 (12.90%) Electronics
13 4 (12.90%) Investment Management
13 4 (12.90%) Computer Science
13 4 (12.90%) QA
13 4 (12.90%) Economics
14 3 (9.68%) Fund Management
14 3 (9.68%) Regression Testing
15 2 (6.45%) SQL

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 9 (29.03%) Summit
2 1 (3.23%) Eagle PACE
2 1 (3.23%) Markit EDM
Communications & Networking
1 2 (6.45%) HTTPS
General
1 15 (48.39%) Banking
2 14 (45.16%) Finance
2 14 (45.16%) Investment Banking
3 10 (32.26%) Back Office
4 8 (25.81%) Front Office
5 4 (12.90%) Electronics
6 1 (3.23%) Legal
Job Titles
1 22 (70.97%) Analyst
1 22 (70.97%) Business Analyst
2 16 (51.61%) Project Manager
3 11 (35.48%) Regulatory Business Analyst
4 10 (32.26%) Investment Banking Business Analyst
5 9 (29.03%) Banking Analyst
5 9 (29.03%) Regulatory Reporting Business Analyst
5 9 (29.03%) Report Analyst
6 7 (22.58%) Business Manager
6 7 (22.58%) Business Project Manager
6 7 (22.58%) Project Analyst
7 6 (19.35%) Business Operations Manager
7 6 (19.35%) Operations Analyst
7 6 (19.35%) Operations Business Analyst
7 6 (19.35%) Transition Analyst
7 6 (19.35%) Transition Manager
7 6 (19.35%) Transition Project Manager
8 3 (9.68%) Programme Manager
9 2 (6.45%) Senior Analyst
9 2 (6.45%) Senior Business Analyst
Miscellaneous
1 18 (58.06%) Hedge funds
2 10 (32.26%) Derivative
3 9 (29.03%) Market Risk
4 4 (12.90%) Computer Science
4 4 (12.90%) Economics
5 1 (3.23%) Fixed Income
Processes & Methodologies
1 14 (45.16%) Asset Management
1 14 (45.16%) Project Management
2 13 (41.94%) Business Analysis
3 9 (29.03%) Algorithmic Trading
4 7 (22.58%) GAP Analysis
5 6 (19.35%) SDLC
6 5 (16.13%) PRINCE2
7 4 (12.90%) Investment Management
8 3 (9.68%) Fund Management
8 3 (9.68%) Regression Testing
9 2 (6.45%) Data Architecture
9 2 (6.45%) Stakeholder Management
10 1 (3.23%) Data Management
10 1 (3.23%) Enterprise Data Management
10 1 (3.23%) Greeks
10 1 (3.23%) Risk Management
10 1 (3.23%) Software Engineering
10 1 (3.23%) UML
10 1 (3.23%) Validation
10 1 (3.23%) Wealth Management
Programming Languages
1 2 (6.45%) SQL
Quality Assurance & Compliance
1 23 (74.19%) MiFID
2 18 (58.06%) UCITS
3 12 (38.71%) EMIR
4 10 (32.26%) Dodd-Frank
5 4 (12.90%) QA
6 2 (6.45%) FATCA
6 2 (6.45%) Solvency II
Vendors
1 9 (29.03%) Calypso
1 9 (29.03%) Murex
2 2 (6.45%) Bloomberg
3 1 (3.23%) FactSet
3 1 (3.23%) Reuters