The table below looks at the statistics 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 23 January 2015 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.

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
23 Jan 2015
Same period 2014 Same period 2013
Avaloq
Rank 550 554 516
Rank change year-on-year
+4 -38
Contract jobs citing Avaloq 28 3 19
As % of all contract IT jobs located in the UK 0.055% 0.006% 0.043%
As % of the Vendors category 0.12% 0.013% 0.090%
Number of daily rates quoted 12 3 13
Average daily rate
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£455 £488 £450
Average daily rate % change year-on-year
-6.66% +8.33%
UK excluding London average daily rate £538 - -
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 Vendors category in contract jobs advertised across the UK.

Vendors Category
UK
Contract IT job ads with a match in the
Vendors category
23240 22263 21210
As % of all contract IT jobs located in the UK 45.82% 45.71% 47.51%
Number of daily rates quoted 13636 12427 11082
Average daily rate £400 £388 £375
Average daily rate % change year-on-year
+3.22% +3.33%
90% offered a daily rate of more than £225 £223 £225
10% offered a daily rate of more than £550 £550 £550
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 1018 989 1316
Average hourly rate £17.50 £17.32 £19.00
Average hourly rate % change year-on-year
+1.03% -8.84%
90% offered a hourly rate of more than £11.35 £10.75 £10.50
10% offered a hourly rate of more than £39.50 £37.50 £40.00
UK excluding London average hourly rate £17.40 £16.50 £19.00
% change year-on-year
+5.45% -13.15%

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 23 January 2015.

Avaloq Daily Rate Histogram in the UK

Avaloq
Top 15 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 23 January 2015. 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 -2 25 £455 -6.66% 2
London +15 16 £385 -21.02% 1
Manchester - 8 £525 -
North West - 8 £525 -
Scotland - 5 - -
City of London - 4 - -
Edinburgh - 4 - -
East of England - 1 £550 -
Leeds - - - -
Luton - - - -
Sheffield - - - -
Bedfordshire - - - -
South Yorkshire - - - -
West Yorkshire - - - -
Yorkshire - - - - 1

Avaloq
Top 30 Related IT Skills

For the 6 months to 23 January 2015, 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 21 (75.00%) Wealth Management
2 19 (67.86%) Finance
3 12 (42.86%) Business Analysis
4 9 (32.14%) Project Management
5 8 (28.57%) Banking
6 5 (17.86%) Retail
6 5 (17.86%) Retail Banking
7 4 (14.29%) Stakeholder Management
8 3 (10.71%) Summit
8 3 (10.71%) PRINCE2 Certification
8 3 (10.71%) PRINCE
8 3 (10.71%) SAP
8 3 (10.71%) PRINCE2
8 3 (10.71%) ETL
8 3 (10.71%) Migration
8 3 (10.71%) Temenos T24
8 3 (10.71%) Finacle
8 3 (10.71%) Analytical Skills
8 3 (10.71%) Data Migration
9 2 (7.14%) Temenos
9 2 (7.14%) CCA
9 2 (7.14%) Client/Server
9 2 (7.14%) SQL
9 2 (7.14%) Asset Management
9 2 (7.14%) International Banking
9 2 (7.14%) Private Banking
10 1 (3.57%) MiFID
10 1 (3.57%) Stakeholder Engagement
10 1 (3.57%) Root Cause Analysis
10 1 (3.57%) FATCA

Avaloq
Top Related IT Skills by Category

For the 6 months to 23 January 2015, 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.

Business Applications
1 3 (10.71%) Summit
1 3 (10.71%) Temenos T24
1 3 (10.71%) Finacle
General
1 19 (67.86%) Finance
2 8 (28.57%) Banking
3 5 (17.86%) Retail
3 5 (17.86%) Retail Banking
4 2 (7.14%) International Banking
4 2 (7.14%) Private Banking
Job Titles
1 16 (57.14%) Analyst
2 14 (50.00%) Business Analyst
3 11 (39.29%) Project Manager
4 3 (10.71%) Senior Project Manager
4 3 (10.71%) Senior Manager
5 2 (7.14%) Financial Services Business Analyst
5 2 (7.14%) Consultant
5 2 (7.14%) Banking Business Analyst
5 2 (7.14%) PRINCE2 Project Manager
5 2 (7.14%) Business Consultant
5 2 (7.14%) Financial Business Analyst
6 1 (3.57%) Business Manager
6 1 (3.57%) Business Project Manager
6 1 (3.57%) Technical Analyst
6 1 (3.57%) Test Manager
6 1 (3.57%) Test Analyst
Miscellaneous
1 3 (10.71%) Analytical Skills
2 2 (7.14%) Client/Server
Processes & Methodologies
1 21 (75.00%) Wealth Management
2 12 (42.86%) Business Analysis
3 9 (32.14%) Project Management
4 4 (14.29%) Stakeholder Management
5 3 (10.71%) PRINCE
5 3 (10.71%) PRINCE2
5 3 (10.71%) ETL
5 3 (10.71%) Migration
5 3 (10.71%) Data Migration
6 2 (7.14%) Asset Management
7 1 (3.57%) Stakeholder Engagement
7 1 (3.57%) Root Cause Analysis
7 1 (3.57%) User Acceptance Testing
Programming Languages
1 2 (7.14%) SQL
Qualifications
1 3 (10.71%) PRINCE2 Certification
2 2 (7.14%) CCA
Quality Assurance & Compliance
1 1 (3.57%) MiFID
1 1 (3.57%) FATCA
Vendors
1 3 (10.71%) SAP
2 2 (7.14%) Temenos