The first table below looks at the demand for knowledge and experience of Avaloq products and/or services in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited Avaloq over the 3 months to 1 August 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all Vendors currently tracked.

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.

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

Location
3 months to
1 Aug 2014
Same period 2013 Same period 2012
Avaloq
Rank 578 570 565
Rank change year-on-year
-8 -5
Contract jobs citing Avaloq 12 3 16
As % of all contract IT jobs located in the UK 0.022% 0.006% 0.028%
As % of the Vendors category 0.048% 0.012% 0.060%
Number of daily rates quoted 7 3 12
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£550 £450 £475
Average daily rate % change year-on-year
+22.22% -5.26%
UK excluding London average daily rate - £100 -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Vendors Category
UK
Contract IT job ads with a match in the
Vendors category
25070 24077 26885
As % of all contract IT jobs located in the UK 45.89% 47.08% 46.53%
Number of daily rates quoted 13892 13098 13619
Average daily rate £380 £388 £375
Average daily rate % change year-on-year
-1.93% +3.33%
90% offered a daily rate of more than £220 £225 £225
10% offered a daily rate of more than £550 £550 £550
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 1074 1184 1390
Average hourly rate £18.00 £19.50 £19.50
Average hourly rate % change year-on-year
-7.69% -
90% offered a hourly rate of more than £11.00 £11.00 £11.50
10% offered a hourly rate of more than £37.50 £41.00 £40.00
UK excluding London average hourly rate £17.50 £19.00 £19.50
% change year-on-year
-7.89% -2.56%

Avaloq
Jobs Demand Trend

This chart provides the 3-month moving total of IT contractor jobs citing Avaloq within the UK as a proportion of the total demand within the Vendors category.

Avaloq Jobs Demand Trend in the UK

Avaloq
Daily Rate Trend

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

Avaloq Daily Rate Trend in the UK

Avaloq
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Avaloq within the UK over the 3 months to 1 August 2014.

Avaloq Daily Rate Histogram in the UK

Avaloq
Top 3 Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Avaloq within the UK over the 3 months to 1 August 2014. 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
London +16 12 £550 +12.82% 2
England +6 12 £550 +12.82% 2
City of London - 1 £350 - 1

Avaloq
Top 30 Related IT Skills

For the 6 months to 1 August 2014, IT contractor jobs within the UK citing Avaloq 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 Avaloq.

1 19 (79.17%) Banking
2 16 (66.67%) Wealth Management
3 12 (50.00%) Migration
4 11 (45.83%) Investment Management
5 9 (37.50%) Data Migration
5 9 (37.50%) Finance
6 8 (33.33%) User Acceptance Testing
7 5 (20.83%) Data Analysis
7 5 (20.83%) Business Analysis
7 5 (20.83%) Test Management
8 4 (16.67%) Back Office
8 4 (16.67%) Test Scripting
8 4 (16.67%) Software Testing
8 4 (16.67%) Use Case
8 4 (16.67%) Private Banking
9 3 (12.50%) Investment Banking
9 3 (12.50%) Asset Management
9 3 (12.50%) HP Quality Center
9 3 (12.50%) Front Office
9 3 (12.50%) Project Management
9 3 (12.50%) Stakeholder Management
9 3 (12.50%) UNIX
10 2 (8.33%) RAD
10 2 (8.33%) Technical Analysis
10 2 (8.33%) Legal
11 1 (4.17%) ISTQB
11 1 (4.17%) Degree
11 1 (4.17%) Fund Management
11 1 (4.17%) Release Management
11 1 (4.17%) Data Reconciliation

Avaloq
Top Related IT Skills by Category

For the 6 months to 1 August 2014, IT contractor jobs within the UK citing Avaloq 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 Avaloq. Up to 20 skills are shown per category.

Database & Business Intelligence
1 1 (4.17%) SQL Server
1 1 (4.17%) DB2
Development Applications
1 1 (4.17%) Team Foundation Server
General
1 19 (79.17%) Banking
2 9 (37.50%) Finance
3 4 (16.67%) Back Office
3 4 (16.67%) Private Banking
4 3 (12.50%) Investment Banking
4 3 (12.50%) Front Office
5 2 (8.33%) Legal
6 1 (4.17%) Telecoms
Job Titles
1 14 (58.33%) Analyst
2 10 (41.67%) Business Analyst
3 8 (33.33%) Technical Analyst
4 6 (25.00%) Technical Business Analyst
5 5 (20.83%) Test Manager
6 4 (16.67%) Tester
7 3 (12.50%) Project Manager
8 2 (8.33%) UAT Manager
8 2 (8.33%) UAT Test Manager
8 2 (8.33%) UAT Tester
8 2 (8.33%) UAT Analyst
9 1 (4.17%) Test Leader
9 1 (4.17%) Test Analyst
9 1 (4.17%) Consultant
9 1 (4.17%) Support Analyst
9 1 (4.17%) Applications Support
9 1 (4.17%) Senior Analyst
9 1 (4.17%) Test Coordinator
9 1 (4.17%) Applications Support Analyst
9 1 (4.17%) Senior Test Analyst
Miscellaneous
1 1 (4.17%) Management Information System
1 1 (4.17%) AS400
Operating Systems
1 3 (12.50%) UNIX
Processes & Methodologies
1 16 (66.67%) Wealth Management
2 12 (50.00%) Migration
3 11 (45.83%) Investment Management
4 9 (37.50%) Data Migration
5 8 (33.33%) User Acceptance Testing
6 5 (20.83%) Data Analysis
6 5 (20.83%) Business Analysis
6 5 (20.83%) Test Management
7 4 (16.67%) Test Scripting
7 4 (16.67%) Software Testing
7 4 (16.67%) Use Case
8 3 (12.50%) Asset Management
8 3 (12.50%) Project Management
8 3 (12.50%) Stakeholder Management
9 2 (8.33%) RAD
9 2 (8.33%) Technical Analysis
10 1 (4.17%) Fund Management
10 1 (4.17%) Release Management
10 1 (4.17%) Data Reconciliation
10 1 (4.17%) Business Transformation
Programming Languages
1 1 (4.17%) SQL
Qualifications
1 1 (4.17%) ISTQB
1 1 (4.17%) Degree
Systems Management
1 3 (12.50%) HP Quality Center
Vendors
1 1 (4.17%) Advent
1 1 (4.17%) Temenos
1 1 (4.17%) HP
1 1 (4.17%) SAP