Period
to 21 September 2017

The following table provides summary statistics for contract job vacancies with a requirement for AIFMD skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited AIFMD over the 6 months to 21 September 2017 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.

Alternative Investment Fund Managers Directive (AIFMD)
UK
6 months to
21 Sep 2017
Same period 2016 Same period 2015
Rank 828 879 871
Rank change year-on-year +51 -8 -28
Contract jobs citing AIFMD 21 12 26
As % of all contract IT jobs advertised in the UK 0.021% 0.011% 0.023%
As % of the Quality Assurance & Compliance category 0.18% 0.098% 0.20%
Number of daily rates quoted 20 11 17
UK median daily rate £600 £375 £550
Median daily rate % change year-on-year +60.00% -31.82% -
10th Percentile £509 £338 £510
90th Percentile £751 £588 £663
UK excluding London median daily rate £538 £375 -
% change year-on-year +43.33% - -
Number of hourly rates quoted 0 0 0
UK median hourly rate - - -
UK excluding London median hourly rate - - -

AIFMD is in the Quality Assurance and Compliance category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for quality assurance or compliance skills.

All Quality Assurance and Compliance Skills
UK
Contract vacancies with a requirement for quality assurance or compliance skills 11963 12214 13331
As % of all contract IT jobs advertised in the UK 12.11% 11.35% 11.75%
Number of daily rates quoted 7804 7924 8484
UK median daily rate £438 £413 £400
Median daily rate % change year-on-year +5.93% +3.25% -
10th Percentile £250 £225 £230
90th Percentile £638 £600 £588
UK excluding London median daily rate £400 £375 £375
% change year-on-year +6.67% - +3.45%
Number of hourly rates quoted 369 440 458
UK median hourly rate £21.90 £24.00 £21.55
Median hourly rate % change year-on-year -8.75% +11.37% +7.75%
10th Percentile £10.64 £10.75 £11.00
90th Percentile £48.84 £47.05 £55.23
UK excluding London median hourly rate £20.50 £25.50 £21.55
% change year-on-year -19.61% +18.33% +7.75%

AIFMD
Job Vacancy Trend

Job postings citing AIFMD as a percentage of all IT jobs advertised.

Job vacancy trend for AIFMD in the UK

AIFMD
Contractor Daily Rate Trend

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

Contractor daily rate trend for AIFMD in the UK

AIFMD
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing AIFMD over the 6 months to 21 September 2017.

Contractor daily rate histogram for AIFMD in the UK

AIFMD
Top 5 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing AIFMD within the UK over the 6 months to 21 September 2017. 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
Job
Vacancies
England +49 20 £600 +60.00% 2
London +41 19 £625 +13.64% 2
UK excluding London +36 2 £538 +43.33%
South East - 1 £525 -
Scotland - 1 £550 -

For the 6 months to 21 September 2017, IT contractor jobs citing AIFMD also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads with a requirement for AIFMD.

1 17 (80.95%) MiFID
2 12 (57.14%) EMIR
3 9 (42.86%) Asset Management
4 8 (38.10%) Investment Management
4 8 (38.10%) Finance
4 8 (38.10%) Linux
5 6 (28.57%) UCITS
6 5 (23.81%) MSTest
6 5 (23.81%) Markit EDM
6 5 (23.81%) Windows
6 5 (23.81%) Project Management
6 5 (23.81%) SQL
6 5 (23.81%) Front Office
6 5 (23.81%) Team Foundation Server
6 5 (23.81%) QA
6 5 (23.81%) Stakeholder Management
7 4 (19.05%) Banking
7 4 (19.05%) Test Automation
7 4 (19.05%) Wealth Management
7 4 (19.05%) FATCA
7 4 (19.05%) Analytical Skills
7 4 (19.05%) Dodd-Frank
8 3 (14.29%) SDLC
8 3 (14.29%) IFRS
8 3 (14.29%) XML
8 3 (14.29%) Unix
8 3 (14.29%) ETL
8 3 (14.29%) LAN
8 3 (14.29%) WAN
8 3 (14.29%) TCP/IP

AIFMD
Co-occurring IT Skills 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 1 (4.76%) Microsoft Project
Business Applications
1 5 (23.81%) Markit EDM
2 1 (4.76%) Sentinel
2 1 (4.76%) SimCorp Dimension
2 1 (4.76%) thinkFolio
Communications & Networking
1 3 (14.29%) LAN
1 3 (14.29%) TCP/IP
1 3 (14.29%) WAN
Database & Business Intelligence
1 1 (4.76%) Data Warehouse
Development Applications
1 5 (23.81%) MSTest
1 5 (23.81%) Team Foundation Server
General
1 8 (38.10%) Finance
2 5 (23.81%) Front Office
3 4 (19.05%) Banking
4 3 (14.29%) Private Banking
5 2 (9.52%) Back Office
6 1 (4.76%) Legal
Job Titles
1 12 (57.14%) Analyst
2 8 (38.10%) Business Analyst
3 7 (33.33%) Project Manager
4 4 (19.05%) Business Manager
4 4 (19.05%) MiFID Business Analyst
4 4 (19.05%) Test Analyst
5 2 (9.52%) Asset Management Project Manager
5 2 (9.52%) Business IT Analyst
5 2 (9.52%) Front Office Business Analyst
5 2 (9.52%) IT Analyst
5 2 (9.52%) IT Business Analyst
5 2 (9.52%) SQL Analyst
5 2 (9.52%) Wealth Management Business Analyst
6 1 (4.76%) Contracts Manager
6 1 (4.76%) IT Project Manager
6 1 (4.76%) Product Manager
6 1 (4.76%) Project Analyst
6 1 (4.76%) QA Test Analyst
6 1 (4.76%) Senior Project Manager
6 1 (4.76%) Senior Test Analyst
Libraries, Frameworks & Software Standards
1 3 (14.29%) Middleware
1 3 (14.29%) XML
2 1 (4.76%) FIX Protocol
Miscellaneous
1 4 (19.05%) Analytical Skills
2 2 (9.52%) Fixed Income
3 1 (4.76%) Equities
Operating Systems
1 8 (38.10%) Linux
2 5 (23.81%) Windows
3 3 (14.29%) Unix
Processes & Methodologies
1 9 (42.86%) Asset Management
2 8 (38.10%) Investment Management
3 5 (23.81%) Project Management
3 5 (23.81%) Stakeholder Management
4 4 (19.05%) Test Automation
4 4 (19.05%) Wealth Management
5 3 (14.29%) Business Analysis
5 3 (14.29%) ETL
5 3 (14.29%) SDLC
5 3 (14.29%) Test Scripting
5 3 (14.29%) Time Management
6 2 (9.52%) Fund Management
6 2 (9.52%) Waterfall
7 1 (4.76%) Agile Software Development
7 1 (4.76%) Matrix Management
7 1 (4.76%) Matrix Organization
7 1 (4.76%) Portfolio Management
7 1 (4.76%) Product Management
7 1 (4.76%) Programme Management
Programming Languages
1 5 (23.81%) SQL
Qualifications
1 1 (4.76%) CFA
1 1 (4.76%) Degree
Quality Assurance & Compliance
1 17 (80.95%) MiFID
2 12 (57.14%) EMIR
3 6 (28.57%) UCITS
4 5 (23.81%) QA
5 4 (19.05%) Dodd-Frank
5 4 (19.05%) FATCA
6 3 (14.29%) IFRS
7 2 (9.52%) Solvency II
8 1 (4.76%) GDPR
Vendors
1 2 (9.52%) Charles River
2 1 (4.76%) GoldenSource
2 1 (4.76%) Murex
2 1 (4.76%) SimCorp