The following table provides summary statistics for contract job vacancies with a requirement for Algo Collateral skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Algo Collateral over the 3 months to 30 March 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.

Algorithmics Algo Collateral
UK
3 months to
30 Mar 2017
Same period 2016 Same period 2015
Rank - 639 620
Contract jobs citing Algo Collateral 0 1 5
As % of all contract IT jobs advertised in the UK - 0.002% 0.009%
As % of the Business Applications category - 0.023% 0.11%
Number of daily rates quoted 0 1 5
Median daily rate - £600 £550
Median daily rate % change year-on-year - +9.09%  
UK excluding London median daily rate - - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

Algo Collateral is in the business application skills category. The next table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for business application skills.

Contract Business Application Skills
UK
Contract job vacancies with a requirement for business application skills 3855 4350 4696
As % of all contract IT job vacancies advertised in the UK 8.47% 8.04% 8.75%
Number of daily rates quoted 2311 2629 2644
Median daily rate £450 £430 £450
Median daily rate % change year-on-year +4.65% -4.44%  
90% offered a daily rate of more than £301 £300 £300
10% offered a daily rate of more than £600 £593 £600
UK excluding London median daily rate £450 £413 £425
% change year-on-year +9.09% -2.94%  
Number of hourly rates quoted 48 49 38
Median hourly rate £39.00 £27.50 £30.00
Median hourly rate % change year-on-year +41.81% -8.33%  
90% offered a hourly rate of more than £15.66 £10.80 £13.00
10% offered a hourly rate of more than £75.00 £64.75 £60.00
UK excluding London median hourly rate £39.00 £27.50 £17.50
% change year-on-year +41.81% +57.14%  

Algo Collateral
Job Vacancy Trend

The job posting trend of jobs advertised citing Algo Collateral as a proportion of all contract or permanent IT jobs with a match in the Business Applications category.

Job vacancy trend for Algo Collateral in the UK

Algo Collateral
Contractor Daily Rate Trend

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

Contractor daily rate trend for Algo Collateral in the UK

For the 6 months to 30 March 2017, IT contractor jobs citing Algo Collateral 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 Algo Collateral.

1 1 (100.00%) Workflow
1 1 (100.00%) Banking
1 1 (100.00%) Investment Banking
1 1 (100.00%) Project Planning
1 1 (100.00%) User Acceptance Testing
1 1 (100.00%) Test Planning
1 1 (100.00%) Collateral Management
1 1 (100.00%) PMO

Algo Collateral
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:

General
1 1 (100.00%) Banking
1 1 (100.00%) Investment Banking
Processes & Methodologies
1 1 (100.00%) Collateral Management
1 1 (100.00%) Project Planning
1 1 (100.00%) Test Planning
1 1 (100.00%) User Acceptance Testing
1 1 (100.00%) Workflow
Quality Assurance & Compliance
1 1 (100.00%) PMO