Period
to 18 November 2017

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 6 months to 18 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.

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

Avaloq
UK
6 months to
18 Nov 2017
Same period 2016 Same period 2015
Rank 882 872 865
Rank change year-on-year -10 -7 0
Contract jobs citing Avaloq 7 14 39
As % of all contract IT jobs advertised in the UK 0.007% 0.013% 0.034%
As % of the Vendors category 0.016% 0.029% 0.078%
Number of daily rates quoted 5 5 13
UK median daily rate £550 £450 £450
Median daily rate % change year-on-year +22.22% - +4.65%
10th Percentile £525 £252 £363
90th Percentile £613 £523 £575
UK excluding London median daily rate £550 £500 -
% change year-on-year +10.00% - -
Number of hourly rates quoted 0 0 0
UK 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 contract job vacancies with a requirement for knowledge or experience of vendor products and services.

All Vendors
UK
Contract vacancies with a requirement for knowledge or experience of vendor products and services 43542 47842 49835
As % of all contract IT jobs advertised in the UK 42.65% 45.27% 43.37%
Number of daily rates quoted 27042 29233 29405
UK median daily rate £430 £420 £400
Median daily rate % change year-on-year +2.38% +5.00% -
10th Percentile £238 £240 £225
90th Percentile £625 £588 £575
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.23% +3.33% +5.63%
Number of hourly rates quoted 1460 1722 2107
UK median hourly rate £17.40 £16.50 £17.50
Median hourly rate % change year-on-year +5.47% -5.71% +6.06%
10th Percentile £10.58 £10.20 £10.00
90th Percentile £45.00 £45.00 £43.75
UK excluding London median hourly rate £16.50 £16.50 £17.42
% change year-on-year - -5.27% +5.56%

Avaloq
Job Vacancy Trend

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

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
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 6 months to 18 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
UK excluding London +34 6 £550 +10.00% 6
England +33 5 £550 +22.22% 4
East of England -20 4 £550 - 1
Scotland - 2 - - 5
London -14 1 £625 +60.26% 3

For the 6 months to 18 November 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 5 (71.43%) Wealth Management
2 4 (57.14%) Retail
2 4 (57.14%) Business Analysis
2 4 (57.14%) FNZ
2 4 (57.14%) Sonata
3 3 (42.86%) Banking
3 3 (42.86%) Finance
4 2 (28.57%) Murex
4 2 (28.57%) Calypso
4 2 (28.57%) Loan IQ
4 2 (28.57%) Wallstreet Suite
4 2 (28.57%) Financial Institution
5 1 (14.29%) Private Banking
5 1 (14.29%) Equities

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 4 (57.14%) Sonata
2 2 (28.57%) Loan IQ
General
1 4 (57.14%) Retail
2 3 (42.86%) Banking
2 3 (42.86%) Finance
3 2 (28.57%) Financial Institution
4 1 (14.29%) Private Banking
Job Titles
1 7 (100.00%) Analyst
2 6 (85.71%) Business Analyst
3 4 (57.14%) Life and Pensions Business Analyst
3 4 (57.14%) Pensions Business Analyst
3 4 (57.14%) Retail Business Analyst
3 4 (57.14%) Wrap Business Analyst
4 1 (14.29%) Change Analyst
4 1 (14.29%) Financial Analyst
4 1 (14.29%) Senior Analyst
4 1 (14.29%) Senior Business Analyst
4 1 (14.29%) Wealth Management Business Analyst
Miscellaneous
1 1 (14.29%) Equities
Processes & Methodologies
1 5 (71.43%) Wealth Management
2 4 (57.14%) Business Analysis
Vendors
1 4 (57.14%) FNZ
2 2 (28.57%) Calypso
2 2 (28.57%) Murex
2 2 (28.57%) Wallstreet Suite