The table below provides summary statistics for contract job vacancies with a requirement for knowledge and experience of Avaloq products and/or services. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Avaloq over the 3 months to 25 June 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.

The figures below represent the IT contractor job market in general and are not representative of contractor rates within Avaloq Evolution AG.

Avaloq
UK
3 months to
25 Jun 2017
Same period 2016 Same period 2015
Rank 573 634 626
Rank change year-on-year +61 -8  
Contract jobs citing Avaloq 14 18 10
As % of all contract IT jobs advertised in the UK 0.030% 0.034% 0.018%
As % of the Vendors category 0.069% 0.076% 0.040%
Number of daily rates quoted 7 10 3
Median daily rate £525 £525 £550
Median daily rate % change year-on-year - -4.54%  
UK excluding London median daily rate - £575 £550
% change year-on-year - +4.54%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

Avaloq is in the vendor products and services category. The following table is for comparison with the above and provides summary statistics for all vendor product and service related skills in contract job vacancies.

Contract Vendor Product & Service Skills
UK
Contract job vacancies with a requirement for skills associated with vendor products and/or services 20268 23841 24920
As % of all contract IT job vacancies advertised in the UK 43.79% 44.93% 44.47%
Number of daily rates quoted 12304 14686 14597
Median daily rate £425 £400 £390
Median daily rate % change year-on-year +6.25% +2.56%  
90% offered a daily rate of more than £250 £250 £225
10% offered a daily rate of more than £588 £575 £550
UK excluding London median daily rate £400 £375 £363
% change year-on-year +6.66% +3.44%  
Number of hourly rates quoted 703 813 1122
Median hourly rate £18.70 £20.00 £18.88
Median hourly rate % change year-on-year -6.50% +5.93%  
90% offered a hourly rate of more than £11.25 £11.50 £11.17
10% offered a hourly rate of more than £50.00 £42.50 £42.50
UK excluding London median hourly rate £17.50 £20.50 £18.50
% change year-on-year -14.63% +10.81%  

Avaloq
Job Vacancy Trend

The job posting trend of jobs advertised citing Avaloq as a proportion of all contract or permanent IT jobs with a match in the Vendors category.

Job vacancy trend for Avaloq in the UK

Avaloq
Contractor Daily Rate Trend

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

Contractor daily rate trend for Avaloq in the UK

Avaloq
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Avaloq over the 3 months to 25 June 2017.

Contractor daily rate histogram for Avaloq in the UK

Avaloq
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 Avaloq within the UK over the 3 months to 25 June 2017. 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 Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
England +43 13 £525 - 1
London +9 13 £525 +5.00% 1
City of London - 3 £413 -
Scotland +42 1 - - 1
Edinburgh - 1 - - 1

For the 6 months to 25 June 2017, IT contractor jobs citing Avaloq 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 Avaloq.

1 14 (56.00%) Banking
2 12 (48.00%) Finance
3 11 (44.00%) Business Analysis
3 11 (44.00%) Private Banking
3 11 (44.00%) Wealth Management
3 11 (44.00%) Sonata
4 10 (40.00%) Agile Software Development
4 10 (40.00%) Analytical Skills
4 10 (40.00%) FNZ
4 10 (40.00%) Scrum
5 8 (32.00%) SQL
5 8 (32.00%) Client/Server
6 7 (28.00%) Asset Management
6 7 (28.00%) Fintech
6 7 (28.00%) Investment Management
7 3 (12.00%) Migration
7 3 (12.00%) Data Migration
7 3 (12.00%) Tercero
8 2 (8.00%) Mentoring
8 2 (8.00%) Temenos Globus
8 2 (8.00%) Data Management
8 2 (8.00%) Financial Institution
9 1 (4.00%) Management Information System
9 1 (4.00%) C
9 1 (4.00%) C#
9 1 (4.00%) Murex
9 1 (4.00%) Calypso
9 1 (4.00%) ISEB
9 1 (4.00%) Visual Studio
9 1 (4.00%) CRM

Avaloq
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:

Business Applications
1 11 (44.00%) Sonata
2 3 (12.00%) Tercero
3 2 (8.00%) Temenos Globus
4 1 (4.00%) Loan IQ
Database & Business Intelligence
1 1 (4.00%) Data Warehouse
Development Applications
1 1 (4.00%) ReSharper
1 1 (4.00%) Selenium
1 1 (4.00%) SpecFlow
1 1 (4.00%) Visual Studio
General
1 14 (56.00%) Banking
2 12 (48.00%) Finance
3 11 (44.00%) Private Banking
4 2 (8.00%) Financial Institution
Job Titles
1 16 (64.00%) Consultant
2 8 (32.00%) Business Consultant
2 8 (32.00%) Software Consultant
3 4 (16.00%) Analyst
3 4 (16.00%) Business Analyst
4 3 (12.00%) Senior Analyst
4 3 (12.00%) Senior Business Analyst
4 3 (12.00%) Wealth Management Business Analyst
4 3 (12.00%) Wrap Business Analyst
5 2 (8.00%) Architect
5 2 (8.00%) Data Architect
5 2 (8.00%) Data Migration Architect
5 2 (8.00%) Migration Architect
6 1 (4.00%) Coordinator
6 1 (4.00%) Functional Architect
6 1 (4.00%) Information Specialist
6 1 (4.00%) Senior Consultant
6 1 (4.00%) Software Analyst
6 1 (4.00%) Test Coordinator
Libraries, Frameworks & Software Standards
1 1 (4.00%) Gherkin
Miscellaneous
1 10 (40.00%) Analytical Skills
2 8 (32.00%) Client/Server
3 7 (28.00%) Fintech
4 1 (4.00%) Management Information System
Processes & Methodologies
1 11 (44.00%) Business Analysis
1 11 (44.00%) Wealth Management
2 10 (40.00%) Agile Software Development
2 10 (40.00%) Scrum
3 7 (28.00%) Asset Management
3 7 (28.00%) Investment Management
4 3 (12.00%) Data Migration
4 3 (12.00%) Migration
5 2 (8.00%) Data Management
5 2 (8.00%) Mentoring
6 1 (4.00%) Analytics
6 1 (4.00%) Coaching
6 1 (4.00%) Data Architecture
6 1 (4.00%) Data Conversion
6 1 (4.00%) Defect Management
6 1 (4.00%) Operational Acceptance Testing
6 1 (4.00%) Portfolio Management
6 1 (4.00%) Test Planning
6 1 (4.00%) User Acceptance Testing
6 1 (4.00%) Validation
Programming Languages
1 8 (32.00%) SQL
2 1 (4.00%) C
2 1 (4.00%) C#
Qualifications
1 1 (4.00%) ISEB
1 1 (4.00%) ISTQB
Quality Assurance & Compliance
1 1 (4.00%) Data Quality
1 1 (4.00%) FATCA
1 1 (4.00%) MiFID
1 1 (4.00%) QA
Vendors
1 10 (40.00%) FNZ
2 1 (4.00%) Calypso
2 1 (4.00%) Murex
2 1 (4.00%) Wallstreet Suite
London
Clear Edge Consulting
Rate: From £240 to £270 per day (12 Months Contract)
Posted: 3 days ago
Edinburgh, Midlothian
Lorien Resourcing
Posted: 6 days ago