Avaloq
UK

The table below provides summary statistics for contract job vacancies with a requirement for knowledge and experience of Avaloq products and/or services. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Avaloq over the 6 months to 27 April 2024 with a comparison to the same period in the previous 2 years.

The figures below represent the IT contractor job market in general and are not representative of contractor rates within Avaloq Evolution AG.

6 months to
27 Apr 2024
Same period 2023 Same period 2022
Rank 561 714 831
Rank change year-on-year +153 +117 -158
Contract jobs citing Avaloq 37 5 18
As % of all contract jobs advertised in the UK 0.085% 0.008% 0.020%
As % of the Vendors category 0.20% 0.019% 0.051%
Number of daily rates quoted 32 0 12
10th Percentile £418 - -
25th Percentile £443 - £550
Median daily rate (50th Percentile) £550 - £600
Median % change year-on-year - - +17.07%
75th Percentile £600 - £650
90th Percentile £614 - £661
UK excluding London median daily rate £550 - -

All Vendors
UK

Avaloq is in the Vendor Products and Services category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for knowledge or experience of vendor products and services.

Contract vacancies with a requirement for knowledge or experience of vendor products and services 18,438 25,649 35,406
As % of all contract IT jobs advertised in the UK 42.58% 42.89% 39.86%
Number of daily rates quoted 11,419 17,207 23,532
10th Percentile £263 £270 £290
25th Percentile £403 £413 £413
Median daily rate (50th Percentile) £518 £525 £525
Median % change year-on-year -1.43% - +10.53%
75th Percentile £627 £650 £631
90th Percentile £738 £743 £725
UK excluding London median daily rate £500 £500 £463
% change year-on-year - +8.11% +8.82%
Number of hourly rates quoted 1,097 699 889
10th Percentile £12.08 £15.25 £11.50
25th Percentile £14.48 £19.06 £15.00
Median hourly rate £22.00 £43.75 £21.00
Median % change year-on-year -49.71% +108.33% -6.67%
75th Percentile £56.49 £65.00 £46.12
90th Percentile £70.00 £75.75 £60.00
UK excluding London median hourly rate £21.46 £38.50 £18.69
% change year-on-year -44.26% +105.96% -0.44%

Avaloq
Job Vacancy Trend

Job postings citing Avaloq as a proportion of all IT jobs advertised.

Job vacancy trend for Avaloq in the UK

Avaloq
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Avaloq.

Daily rate trend for Avaloq in the UK

Avaloq
Daily Rate Histogram

Daily rate distribution for jobs citing Avaloq over the 6 months to 27 April 2024.

Daily rate histogram for Avaloq in the UK

Avaloq
Top 8 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Avaloq within the UK over the 6 months to 27 April 2024. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
England +148 24 £559 - 2
UK excluding London +86 22 £550 - 2
Work from Home +146 17 £550 - 1
London +112 15 £550 - 2
Scotland +45 13 £450 - 2
North West - 8 £577 -
North of England - 8 £577 -
South East - 1 £445 -

Avaloq
Co-occurring Skills and Capabilities by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Business Applications
1 2 (5.41%) Aladdin
1 2 (5.41%) Bloomberg AIM
Database & Business Intelligence
1 1 (2.70%) Oracle Database
Development Applications
1 23 (62.16%) JIRA
General
1 16 (43.24%) Finance
2 12 (32.43%) Banking
3 7 (18.92%) Social Skills
4 4 (10.81%) Analytical Skills
5 1 (2.70%) Corporate Banking
5 1 (2.70%) Investment Banking
5 1 (2.70%) Retail
5 1 (2.70%) Retail Banking
Job Titles
1 22 (59.46%) Developer
2 9 (24.32%) Project Manager
3 2 (5.41%) Analyst
3 2 (5.41%) Business Analyst
3 2 (5.41%) Programme Manager
Libraries, Frameworks & Software Standards
1 1 (2.70%) REST
1 1 (2.70%) SOAP
Miscellaneous
1 2 (5.41%) Hedge funds
1 2 (5.41%) SWIFT Messaging Network
2 1 (2.70%) Data Protection Act
Processes & Methodologies
1 22 (59.46%) Agile
2 21 (56.76%) CRM
3 15 (40.54%) Unit Testing
4 14 (37.84%) Project Management
5 13 (35.14%) Requirements Gathering
6 9 (24.32%) Software Engineering
7 8 (21.62%) Stakeholder Management
8 7 (18.92%) Design Patterns
8 7 (18.92%) Stakeholder and Relationship Management
8 7 (18.92%) Systems Engineering
8 7 (18.92%) Thought Leadership
9 6 (16.22%) Matrix Organization
9 6 (16.22%) Wealth Management
10 5 (13.51%) Problem-Solving
11 4 (10.81%) Computer Science
11 4 (10.81%) Project Delivery
12 2 (5.41%) Change Management
12 2 (5.41%) Investment Management
12 2 (5.41%) Migration
12 2 (5.41%) Risk Management
Programming Languages
1 27 (72.97%) SQL
2 24 (64.86%) PL/SQL
3 5 (13.51%) Java
4 3 (8.11%) Groovy
Qualifications
1 6 (16.22%) Degree
2 4 (10.81%) Computer Science Degree
3 2 (5.41%) CCA
Quality Assurance & Compliance
1 3 (8.11%) QA
Vendors
1 2 (5.41%) Bloomberg
1 2 (5.41%) Charles River
2 1 (2.70%) Microsoft
2 1 (2.70%) Oracle