The table below looks at the statistics for Algo Collateral skills in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited Algo Collateral over the 3 months to 13 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
13 Feb 2016
Same period 2015 Same period 2014
Algorithmics Algo Collateral
Rank 619 591 -
Rank change year-on-year
-28 -
Contract jobs citing Algo Collateral 4 2 0
As % of all contract IT jobs located in the UK 0.008% 0.004% -
As % of the Business Applications category 0.099% 0.042% -
Number of daily rates quoted 4 2 0
Average daily rate £600 £513 -
Average daily rate % change year-on-year
+17.07% -
UK excluding London average daily rate - - -
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 Business Applications category in contract jobs advertised across the UK.

Business Applications Category
UK
Contract IT job ads with a match in the
Business Applications category
4026 4717 4727
As % of all contract IT jobs located in the UK 7.94% 9.22% 9.48%
Number of daily rates quoted 2367 2687 2419
Average daily rate £438 £450 £438
Average daily rate % change year-on-year
-2.77% +2.85%
90% offered a daily rate of more than £300 £300 £288
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £425 £425 £413
% change year-on-year
- +3.03%
Number of hourly rates quoted 60 37 55
Average hourly rate £38.75 £30.00 £26.50
Average hourly rate % change year-on-year
+29.16% +13.20%
90% offered a hourly rate of more than £12.15 £13.00 £15.00
10% offered a hourly rate of more than £69.07 £60.16 £60.40
UK excluding London average hourly rate £35.50 £18.00 £26.50
% change year-on-year
+97.22% -32.07%

Algo Collateral
Jobs Demand Trend

This chart provides the 3-month moving total of IT contractor jobs citing Algo Collateral within the UK as a proportion of the total demand within the Business Applications category.

Algo Collateral Jobs Demand Trend in the UK

Algo Collateral
Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Algo Collateral within the UK.

Algo Collateral Daily Rate Trend in the UK

Algo Collateral
Top 2 Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Algo Collateral within the UK over the 3 months to 13 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 +6 4 £600 +17.07%
London 0 4 £600 +17.07%

Algo Collateral
Top 16 Related IT Skills

For the 6 months to 13 February 2016, IT contractor jobs within the UK citing Algo Collateral 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 Algo Collateral.

1 5 (100.00%) Derivative
1 5 (100.00%) Collateral Management
2 4 (80.00%) Equity Derivative
2 4 (80.00%) Contract for Difference
2 4 (80.00%) Swaptions
2 4 (80.00%) Calypso
2 4 (80.00%) Workflow
3 1 (20.00%) Finance
3 1 (20.00%) Front Office
3 1 (20.00%) PMI
3 1 (20.00%) PMP
3 1 (20.00%) PMI Certification
3 1 (20.00%) Project Management
3 1 (20.00%) EMIR
3 1 (20.00%) Dodd-Frank
3 1 (20.00%) PRINCE2

Algo Collateral
Top Related IT Skills by Category

For the 6 months to 13 February 2016, IT contractor jobs within the UK citing Algo Collateral 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 Algo Collateral. Up to 20 skills are shown per category.

General
1 1 (20.00%) Finance
1 1 (20.00%) Front Office
Job Titles
1 4 (80.00%) Analyst
1 4 (80.00%) Business Analyst
1 4 (80.00%) Calypso Business Analyst
1 4 (80.00%) Collateral Management Business Analyst
2 1 (20.00%) Project Manager
Miscellaneous
1 5 (100.00%) Derivative
2 4 (80.00%) Contract for Difference
2 4 (80.00%) Equity Derivative
2 4 (80.00%) Swaptions
3 1 (20.00%) PMI
Processes & Methodologies
1 5 (100.00%) Collateral Management
2 4 (80.00%) Workflow
3 1 (20.00%) PRINCE2
3 1 (20.00%) Project Management
Qualifications
1 1 (20.00%) PMI Certification
1 1 (20.00%) PMP
Quality Assurance & Compliance
1 1 (20.00%) Dodd-Frank
1 1 (20.00%) EMIR
Vendors
1 4 (80.00%) Calypso