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 26 June 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
26 Jun 2016
Same period 2015 Same period 2014
Alternative Investment Fund Managers Directive (AIFMD)
Rank 636 632 601
Rank change year-on-year
-4 -31
Contract jobs citing AIFMD 7 9 22
As % of all contract IT jobs located in the UK 0.013% 0.016% 0.041%
As % of the Quality Assurance & Compliance category 0.14% 0.18% 0.43%
Number of daily rates quoted 7 8 21
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
4942 5117 5061
As % of all contract IT jobs located in the UK 9.31% 9.15% 9.38%
Number of daily rates quoted 3170 3284 3131
Median daily rate £425 £415 £400
Median daily rate % change year-on-year
+2.40% +3.75%
90% offered a daily rate of more than £255 £250 £240
10% offered a daily rate of more than £600 £600 £575
UK excluding London median daily rate £400 £375 £365
% change year-on-year
+6.66% +2.73%
Number of hourly rates quoted 198 183 211
Median hourly rate £28.50 £22.50 £21.00
Median hourly rate % change year-on-year
+26.66% +7.14%
90% offered a hourly rate of more than £12.49 £12.50 £12.50
10% offered a hourly rate of more than £47.50 £55.50 £42.00
UK excluding London median hourly rate £28.50 £22.50 £20.75
% change year-on-year
+26.66% +8.43%

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 26 June 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 +7 7 £375 -40.00% 2
Manchester - 7 £375 -
North West - 7 £375 -

AIFMD
Top 30 Related IT Skills

For the 6 months to 26 June 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 18 (69.23%) MiFID
2 17 (65.38%) UCITS
3 16 (61.54%) Hedge funds
4 13 (50.00%) Project Management
4 13 (50.00%) Finance
5 12 (46.15%) Banking
6 11 (42.31%) Asset Management
6 11 (42.31%) Business Analysis
6 11 (42.31%) Investment Banking
7 10 (38.46%) Derivative
8 9 (34.62%) Dodd-Frank
9 8 (30.77%) Front Office
10 7 (26.92%) Back Office
10 7 (26.92%) Murex
10 7 (26.92%) Calypso
10 7 (26.92%) Summit
10 7 (26.92%) EMIR
10 7 (26.92%) Algorithmic Trading
10 7 (26.92%) Market Risk
11 6 (23.08%) GAP Analysis
12 5 (19.23%) PRINCE2
12 5 (19.23%) SDLC
13 4 (15.38%) Electronics
13 4 (15.38%) Economics
13 4 (15.38%) Computer Science
13 4 (15.38%) QA
14 3 (11.54%) Regression Testing
15 2 (7.69%) HTTPS
15 2 (7.69%) Investment Management
16 1 (3.85%) Data Architecture

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 (26.92%) Summit
Communications & Networking
1 2 (7.69%) HTTPS
General
1 13 (50.00%) Finance
2 12 (46.15%) Banking
3 11 (42.31%) Investment Banking
4 8 (30.77%) Front Office
5 7 (26.92%) Back Office
6 4 (15.38%) Electronics
7 1 (3.85%) Legal
Job Titles
1 18 (69.23%) Analyst
1 18 (69.23%) Business Analyst
2 15 (57.69%) Project Manager
3 8 (30.77%) Investment Banking Business Analyst
4 7 (26.92%) Banking Analyst
4 7 (26.92%) Business Manager
4 7 (26.92%) Business Project Manager
4 7 (26.92%) Project Analyst
4 7 (26.92%) Regulatory Business Analyst
4 7 (26.92%) Regulatory Reporting Business Analyst
4 7 (26.92%) Report Analyst
5 6 (23.08%) Business Operations Manager
5 6 (23.08%) Operations Analyst
5 6 (23.08%) Operations Business Analyst
5 6 (23.08%) Transition Analyst
5 6 (23.08%) Transition Manager
5 6 (23.08%) Transition Project Manager
6 3 (11.54%) Programme Manager
7 2 (7.69%) Finance Manager
7 2 (7.69%) Finance Project Manager
Miscellaneous
1 16 (61.54%) Hedge funds
2 10 (38.46%) Derivative
3 7 (26.92%) Market Risk
4 4 (15.38%) Computer Science
4 4 (15.38%) Economics
5 1 (3.85%) Fixed Income
Processes & Methodologies
1 13 (50.00%) Project Management
2 11 (42.31%) Asset Management
2 11 (42.31%) Business Analysis
3 7 (26.92%) Algorithmic Trading
4 6 (23.08%) GAP Analysis
5 5 (19.23%) PRINCE2
5 5 (19.23%) SDLC
6 3 (11.54%) Regression Testing
7 2 (7.69%) Investment Management
8 1 (3.85%) Data Architecture
8 1 (3.85%) Fund Management
8 1 (3.85%) Greeks
8 1 (3.85%) Risk Management
8 1 (3.85%) Software Engineering
8 1 (3.85%) Stakeholder Management
8 1 (3.85%) Validation
8 1 (3.85%) Wealth Management
Programming Languages
1 1 (3.85%) SQL
Quality Assurance & Compliance
1 18 (69.23%) MiFID
2 17 (65.38%) UCITS
3 9 (34.62%) Dodd-Frank
4 7 (26.92%) EMIR
5 4 (15.38%) QA
6 1 (3.85%) FATCA
Vendors
1 7 (26.92%) Calypso
1 7 (26.92%) Murex
2 1 (3.85%) Bloomberg