Period
to 24 November 2017

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 6 months to 24 November 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
6 months to
24 Nov 2017
Same period 2016 Same period 2015
Rank 893 885 888
Rank change year-on-year -8 +3 -17
Contract jobs citing Algo Collateral 3 1 6
As % of all contract IT jobs advertised in the UK 0.003% 0.001% 0.005%
As % of the Business Applications category 0.037% 0.011% 0.064%
Number of daily rates quoted 3 1 6
UK median daily rate £575 £525 £550
Median daily rate % change year-on-year +9.52% -4.55% +4.76%
10th Percentile £563 £513 £450
90th Percentile £618 £538 £656
UK excluding London median daily rate - - -
Number of hourly rates quoted 0 0 0
UK median hourly rate - - -
UK excluding London median hourly rate - - -

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

All Business Application Skills
UK
Contract vacancies with a requirement for business application skills 8151 8765 9393
As % of all contract IT jobs advertised in the UK 7.91% 8.35% 8.20%
Number of daily rates quoted 4817 5231 5215
UK median daily rate £475 £445 £435
Median daily rate % change year-on-year +6.74% +2.30% +1.16%
10th Percentile £306 £300 £275
90th Percentile £650 £600 £600
UK excluding London median daily rate £440 £425 £420
% change year-on-year +3.53% +1.19% +5.00%
Number of hourly rates quoted 87 100 142
UK median hourly rate £30.00 £28.00 £29.50
Median hourly rate % change year-on-year +7.14% -5.08% +6.31%
10th Percentile £12.26 £10.16 £12.00
90th Percentile £62.10 £88.20 £57.15
UK excluding London median hourly rate £30.58 £31.00 £27.50
% change year-on-year -1.37% +12.73% -12.70%

Algo Collateral
Job Vacancy Trend

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

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

Algo Collateral
Top 2 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Algo Collateral within the UK over the 6 months to 24 November 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 -5 3 £575 +9.52%
London -7 3 £575 +9.52%

For the 6 months to 24 November 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 3 (100.00%) GAP Analysis
1 3 (100.00%) Legal
1 3 (100.00%) Banking
1 3 (100.00%) Data Modelling
1 3 (100.00%) Data Mapping
1 3 (100.00%) Collateral Management
1 3 (100.00%) Virtual Machines
2 1 (33.33%) Data Analysis
2 1 (33.33%) Investment Banking
2 1 (33.33%) Algorithmics

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 3 (100.00%) Banking
1 3 (100.00%) Legal
2 1 (33.33%) Investment Banking
Job Titles
1 3 (100.00%) Analyst
1 3 (100.00%) Business Analyst
1 3 (100.00%) Collateral Management Business Analyst
1 3 (100.00%) Data Business Analyst
2 2 (66.67%) Banking Analyst
2 2 (66.67%) Banking Business Analyst
3 1 (33.33%) Business Data Analyst
3 1 (33.33%) Data Analyst
Processes & Methodologies
1 3 (100.00%) Collateral Management
1 3 (100.00%) Data Mapping
1 3 (100.00%) Data Modelling
1 3 (100.00%) GAP Analysis
2 1 (33.33%) Data Analysis
System Software
1 3 (100.00%) Virtual Machines
Vendors
1 1 (33.33%) Algorithmics