Period
to 21 January 2018

The table below provides summary statistics for contract job vacancies advertised in London with a requirement for knowledge and experience of Algorithmics products and/or services. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Algorithmics over the 6 months to 21 January 2018 with a comparison to the same period in the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never 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 Algorithmics, Inc.

Algorithmics
England > London
6 months to
21 Jan 2018
Same period 2017 Same period 2016
Rank 630 585 579
Rank change year-on-year -45 -6 -
Contract jobs citing Algorithmics 5 7 13
As % of all contract IT jobs advertised in London 0.011% 0.017% 0.029%
As % of the Vendors category 0.027% 0.039% 0.072%
Number of daily rates quoted 4 7 12
London median daily rate £575 £825 £675
Median daily rate % change year-on-year -30.30% +22.22% -
10th Percentile £485 £738 £614
90th Percentile £643 £975 £750
England median daily rate £575 £825 £675
% change year-on-year -30.30% +22.22% -
Number of hourly rates quoted 0 0 0
London median hourly rate - - -
England median hourly rate - - -

Algorithmics 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 advertised in London.

All Vendors
London
Contract vacancies with a requirement for knowledge or experience of vendor products and services 18,463 17,881 18,072
As % of all contract IT jobs advertised in London 40.31% 43.10% 40.92%
Number of daily rates quoted 12,618 11,863 11,907
London median daily rate £475 £450 £438
Median daily rate % change year-on-year +5.56% +2.86% +2.94%
10th Percentile £263 £263 £250
90th Percentile £650 £625 £625
England median daily rate £450 £425 £405
% change year-on-year +5.88% +4.94% +1.25%
Number of hourly rates quoted 297 290 332
London median hourly rate £20.00 £19.00 £19.00
Median hourly rate % change year-on-year +5.26% - +8.57%
10th Percentile £11.81 £11.75 £11.25
90th Percentile £47.83 £55.00 £47.28
England median hourly rate £17.50 £17.38 £17.75
% change year-on-year +0.72% -2.09% +7.55%

Algorithmics
Job Vacancy Trend in London

Job postings citing Algorithmics as a percentage of all IT jobs advertised in London.

Job vacancy trend for Algorithmics in London

Algorithmics
Contractor Daily Rate Trend in London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Algorithmics in London.

Contractor daily rate trend for Algorithmics in London

Algorithmics
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing Algorithmics in London over the 6 months to 21 January 2018.

Contractor daily rate histogram for Algorithmics in London

For the 6 months to 21 January 2018, IT contractor jobs citing Algorithmics also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the London region with a requirement for Algorithmics.

1 3 (60.00%) Agile Software Development
1 3 (60.00%) Banking
1 3 (60.00%) Data Analysis
2 2 (40.00%) Stakeholder Management
2 2 (40.00%) Fixed Income
2 2 (40.00%) Economics
2 2 (40.00%) Degree
2 2 (40.00%) Mathematics
2 2 (40.00%) Computer Science
2 2 (40.00%) Credit Risk
2 2 (40.00%) Release Management
2 2 (40.00%) Solvency II
2 2 (40.00%) Data Governance
2 2 (40.00%) Change Control
2 2 (40.00%) Data Quality
2 2 (40.00%) Risk Analytics
2 2 (40.00%) Analytics
2 2 (40.00%) C++
2 2 (40.00%) VBA
2 2 (40.00%) Unix
2 2 (40.00%) Python
2 2 (40.00%) Microsoft Excel
2 2 (40.00%) Microsoft
2 2 (40.00%) Shell Script
2 2 (40.00%) Change Management
2 2 (40.00%) Front Office
2 2 (40.00%) Risk Management
2 2 (40.00%) Finance
2 2 (40.00%) Equities
2 2 (40.00%) Collateral Management

Algorithmics
Co-occurring IT Skills in London 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:

Applications
1 2 (40.00%) Microsoft Excel
Business Applications
1 1 (20.00%) Algo Collateral
Database & Business Intelligence
1 1 (20.00%) SQL Server
General
1 3 (60.00%) Banking
2 2 (40.00%) Finance
2 2 (40.00%) Front Office
3 1 (20.00%) Back Office
3 1 (20.00%) Investment Banking
3 1 (20.00%) Legal
3 1 (20.00%) Retail
Job Titles
1 2 (40.00%) Analyst
1 2 (40.00%) Business Analyst
1 2 (40.00%) Data Business Analyst
1 2 (40.00%) Developer
2 1 (20.00%) Agile C# Developer
2 1 (20.00%) Applications Architect
2 1 (20.00%) Architect
2 1 (20.00%) Banking Analyst
2 1 (20.00%) Business Data Analyst
2 1 (20.00%) C# Developer
2 1 (20.00%) C++ Developer
2 1 (20.00%) C++ Quantitative Developer
2 1 (20.00%) Data Analyst
2 1 (20.00%) Python Developer
2 1 (20.00%) Quantitative Developer
2 1 (20.00%) Senior C++ Developer
2 1 (20.00%) Senior Developer
2 1 (20.00%) Senior Python Developer
2 1 (20.00%) Senior Quantitative Developer
2 1 (20.00%) VBA Developer
Libraries, Frameworks & Software Standards
1 1 (20.00%) .NET
1 1 (20.00%) HTML
1 1 (20.00%) HTML5
Miscellaneous
1 2 (40.00%) Computer Science
1 2 (40.00%) Credit Risk
1 2 (40.00%) Equities
1 2 (40.00%) Fixed Income
2 1 (20.00%) Algorithms
2 1 (20.00%) Analytical Skills
2 1 (20.00%) Grid Computing
Operating Systems
1 2 (40.00%) Unix
Processes & Methodologies
1 3 (60.00%) Agile Software Development
1 3 (60.00%) Data Analysis
2 2 (40.00%) Acceptance Criteria
2 2 (40.00%) Analytics
2 2 (40.00%) Change Control
2 2 (40.00%) Change Management
2 2 (40.00%) Collateral Management
2 2 (40.00%) Data Governance
2 2 (40.00%) Economics
2 2 (40.00%) Financial Analysis
2 2 (40.00%) Mathematics
2 2 (40.00%) Release Management
2 2 (40.00%) Risk Analytics
2 2 (40.00%) Risk Management
2 2 (40.00%) Stakeholder Management
2 2 (40.00%) Waterfall
3 1 (20.00%) Front End Development
3 1 (20.00%) GAP Analysis
3 1 (20.00%) PnL Attribution
3 1 (20.00%) Regulatory Compliance
Programming Languages
1 2 (40.00%) C++
1 2 (40.00%) Python
1 2 (40.00%) Shell Script
1 2 (40.00%) VBA
2 1 (20.00%) C#
2 1 (20.00%) SQL
Qualifications
1 2 (40.00%) Computer Science Degree
1 2 (40.00%) Degree
Quality Assurance & Compliance
1 2 (40.00%) Data Quality
1 2 (40.00%) IFRS
1 2 (40.00%) Solvency II
System Software
1 1 (20.00%) Virtual Machines
Vendors
1 2 (40.00%) Microsoft
2 1 (20.00%) Calypso