The table below looks at the statistics for knowledge and experience of Bloomberg products and/or services in IT contracts advertised for the City of London region. Included is a guide to the average contractor rates offered in IT contracts that have cited Bloomberg over the 3 months to 1 October 2014 with a comparison to the same period in the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not 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 Bloomberg.

Location
3 months to
1 Oct 2014
Same period 2013 Same period 2012
Bloomberg
Rank 146 175 151
Rank change year-on-year
+29 -24
Contract jobs citing Bloomberg 52 54 79
As % of all contract IT jobs located in the City of London 0.89% 0.75% 1.03%
As % of the Vendors category 1.94% 1.62% 2.38%
Number of daily rates quoted 44 41 52
Average daily rate
Keep up to 90%
of your Daily Rate
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£513 £300 £469
Average daily rate % change year-on-year
+70.83% -36.00%
90% offered a daily rate of more than £193 £174 £239
10% offered a daily rate of more than £600 £550 £650
UK excluding London average daily rate £425 £180 £245
% change year-on-year
+136.11% -26.53%
Number of hourly rates quoted 0 3 0
Average hourly rate - £22.50 -
UK excluding London average hourly rate £13.00 - £16.72
Bloomberg
London

The following table is for comparison with the above and provides statistics for the entire Vendors category in contract jobs advertised in the City of London region.

Vendors Category
City of London
Contract IT job ads with a match in the
Vendors category
2677 3337 3321
As % of all contract IT jobs located in the City of London 46.04% 46.22% 43.26%
Number of daily rates quoted 1919 2325 2266
Average daily rate £425 £425 £438
Average daily rate % change year-on-year
- -2.85%
90% offered a daily rate of more than £250 £250 £265
10% offered a daily rate of more than £575 £600 £600
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 61 88 90
Average hourly rate £19.00 £21.00 £20.00
Average hourly rate % change year-on-year
-9.52% +5.00%
90% offered a hourly rate of more than £12.50 £11.50 £13.50
10% offered a hourly rate of more than £32.82 £48.00 £42.00
UK excluding London average hourly rate £19.00 £18.50 £18.75
% change year-on-year
+2.70% -1.33%

Bloomberg
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of IT contractor jobs citing Bloomberg across the City of London region as a proportion of the total demand within the Vendors category.

Bloomberg Jobs Demand Trend in the City of London

Bloomberg
Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Bloomberg across the City of London region.

Bloomberg Daily Rate Trend in the City of London

Bloomberg
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Bloomberg across the City of London region over the 3 months to 1 October 2014.

Bloomberg Daily Rate Histogram in the City of London

Bloomberg
Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Bloomberg across the City of London region.

Bloomberg Hourly Rate Trend in the City of London

Bloomberg
Top 30 Related IT Skills in the City of London

For the 6 months to 1 October 2014, IT contractor jobs across the City of London region citing Bloomberg also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Bloomberg.

1 38 (43.68%) Reuters
2 37 (42.53%) Front Office
3 35 (40.23%) Banking
4 30 (34.48%) Finance
5 29 (33.33%) Windows
6 26 (29.89%) SQL
7 21 (24.14%) Asset Management
8 18 (20.69%) MS Office
9 17 (19.54%) Investment Banking
10 16 (18.39%) Active Directory
10 16 (18.39%) Fixed Income
11 14 (16.09%) Business Analysis
12 13 (14.94%) Microsoft
13 12 (13.79%) Citrix
13 12 (13.79%) UNIX
13 12 (13.79%) Java
13 12 (13.79%) Markit EDM
14 11 (12.64%) Investment Management
14 11 (12.64%) MS Excel
14 11 (12.64%) Charles River
14 11 (12.64%) Blackberry
15 10 (11.49%) Windows 7
15 10 (11.49%) ION Trading
16 9 (10.34%) Agile Software Development
17 8 (9.20%) Electronic Trading
17 8 (9.20%) Fidessa
18 7 (8.05%) Oracle
18 7 (8.05%) ITIL
18 7 (8.05%) Linux
18 7 (8.05%) Back Office

Bloomberg
Top Related IT Skills in the City of London by Category

For the 6 months to 1 October 2014, IT contractor jobs across the City of London region citing Bloomberg also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Bloomberg. Up to 20 skills are shown per category.

Application Platforms
1 6 (6.90%) MS Exchange
2 5 (5.75%) Blackberry Enterprise Server
3 4 (4.60%) IBM Notes
4 2 (2.30%) WebSphere
4 2 (2.30%) Oracle Coherence
4 2 (2.30%) Exchange Server 2003
4 2 (2.30%) WebLogic
5 1 (1.15%) SharePoint
5 1 (1.15%) Exchange Server 2010
5 1 (1.15%) Mule
5 1 (1.15%) Exchange Server 2000
Applications
1 18 (20.69%) MS Office
2 11 (12.64%) MS Excel
3 3 (3.45%) MS PowerPoint
4 2 (2.30%) Spreadsheet
5 1 (1.15%) Adobe Captivate
Business Applications
1 12 (13.79%) Markit EDM
2 7 (8.05%) Bloomberg TOMS
3 5 (5.75%) ION MarketView
4 3 (3.45%) LatentZero
5 2 (2.30%) Adaptiv
5 2 (2.30%) Summit
5 2 (2.30%) Murex MxG2000
6 1 (1.15%) PolarLake
6 1 (1.15%) Eikon
6 1 (1.15%) Tesseract
6 1 (1.15%) Minerva
6 1 (1.15%) Sentinel
6 1 (1.15%) RMDS
6 1 (1.15%) Khalix
6 1 (1.15%) SimCorp Dimension
Communications & Networking
1 3 (3.45%) DHCP
1 3 (3.45%) DNS
2 2 (2.30%) TCP/IP
3 1 (1.15%) LAN
3 1 (1.15%) WAN
3 1 (1.15%) VPN
3 1 (1.15%) SAN
3 1 (1.15%) Internet
3 1 (1.15%) IP Telephony
Database & Business Intelligence
1 6 (6.90%) Relational Database
2 4 (4.60%) SQL Server
3 2 (2.30%) SQL Server 2008
4 1 (1.15%) Crystal Reports
4 1 (1.15%) MS Access
4 1 (1.15%) BusinessObjects
4 1 (1.15%) SQL Server 2012
4 1 (1.15%) MongoDB
4 1 (1.15%) Sybase ASE
Development Applications
1 2 (2.30%) QuickTest Pro
1 2 (2.30%) IntelliJ
1 2 (2.30%) Eclipse
2 1 (1.15%) JUnit
General
1 37 (42.53%) Front Office
2 35 (40.23%) Banking
3 30 (34.48%) Finance
4 17 (19.54%) Investment Banking
5 7 (8.05%) Back Office
6 5 (5.75%) Advertising
7 3 (3.45%) Financial Institution
8 2 (2.30%) Legal
9 1 (1.15%) Private Banking
Job Titles
1 31 (35.63%) Analyst
2 15 (17.24%) Business Analyst
3 10 (11.49%) Desktop Support
3 10 (11.49%) Developer
3 10 (11.49%) Support Analyst
4 7 (8.05%) Applications Support
4 7 (8.05%) 2nd Line Support
4 7 (8.05%) Desktop Analyst
5 6 (6.90%) Desktop Support Analyst
6 5 (5.75%) Data Analyst
7 4 (4.60%) Java Developer
7 4 (4.60%) Desktop Engineer
7 4 (4.60%) Consultant
8 3 (3.45%) Support Engineer
8 3 (3.45%) Market Risk Analyst
8 3 (3.45%) Front Office Developer
8 3 (3.45%) Trade Floor Support Analyst
8 3 (3.45%) Market Risk Business Analyst
9 2 (2.30%) Technical Administrator
9 2 (2.30%) Senior Java Developer
Libraries, Frameworks & Software Standards
1 5 (5.75%) JMS
1 5 (5.75%) XML
1 5 (5.75%) Hibernate
1 5 (5.75%) Spring
1 5 (5.75%) Java EE
2 3 (3.45%) XSLT
2 3 (3.45%) .NET
2 3 (3.45%) JTS
2 3 (3.45%) Middleware
2 3 (3.45%) JTA
3 2 (2.30%) JNI
3 2 (2.30%) Java SE
3 2 (2.30%) Murex Flex
3 2 (2.30%) Spring Integration
3 2 (2.30%) Web Services
4 1 (1.15%) XBRL
4 1 (1.15%) Rendezvous
4 1 (1.15%) FIXML
4 1 (1.15%) FpML
4 1 (1.15%) Apache Camel
Miscellaneous
1 16 (18.39%) Fixed Income
2 11 (12.64%) Blackberry
3 6 (6.90%) Hedge funds
3 6 (6.90%) Reference Data
3 6 (6.90%) Foreign Exchange (FX)
4 5 (5.75%) Equities
4 5 (5.75%) Market Risk
4 5 (5.75%) Derivative
5 4 (4.60%) Analytical Skills
6 2 (2.30%) Interest Rate Derivative
6 2 (2.30%) Credit Derivative
6 2 (2.30%) Fat Client
6 2 (2.30%) Video Conferencing
6 2 (2.30%) Thin Client
6 2 (2.30%) Grid Computing
7 1 (1.15%) iPad
7 1 (1.15%) Data Structures
7 1 (1.15%) Open Source
7 1 (1.15%) Inversion of Control
7 1 (1.15%) Statistics
Operating Systems
1 29 (33.33%) Windows
2 12 (13.79%) UNIX
3 10 (11.49%) Windows 7
4 7 (8.05%) Linux
5 5 (5.75%) Windows XP
6 3 (3.45%) Windows Server 2008
7 2 (2.30%) Windows Server 2003
8 1 (1.15%) Windows 2000
8 1 (1.15%) Solaris
8 1 (1.15%) Android
Processes & Methodologies
1 21 (24.14%) Asset Management
2 14 (16.09%) Business Analysis
3 11 (12.64%) Investment Management
4 9 (10.34%) Agile Software Development
5 8 (9.20%) Electronic Trading
6 7 (8.05%) ITIL
7 5 (5.75%) Service Delivery
8 4 (4.60%) Data Analysis
8 4 (4.60%) Data Management
8 4 (4.60%) GAP Analysis
8 4 (4.60%) UML
8 4 (4.60%) OO
9 3 (3.45%) Business Continuity
9 3 (3.45%) Stakeholder Management
9 3 (3.45%) Project Management
9 3 (3.45%) BDD
9 3 (3.45%) Portfolio Management
9 3 (3.45%) Multithreading
9 3 (3.45%) User Acceptance Testing
9 3 (3.45%) Risk Analysis
Programming Languages
1 26 (29.89%) SQL
2 12 (13.79%) Java
3 5 (5.75%) C#
4 4 (4.60%) VBA
5 3 (3.45%) C++
6 2 (2.30%) PowerShell
7 1 (1.15%) Python
7 1 (1.15%) C
7 1 (1.15%) JavaScript
7 1 (1.15%) Perl
7 1 (1.15%) VBScript
Qualifications
1 2 (2.30%) ISEB Practitioner
1 2 (2.30%) Degree
1 2 (2.30%) ISEB
2 1 (1.15%) PRINCE2 Practitioner
Quality Assurance & Compliance
1 3 (3.45%) SLA
2 1 (1.15%) QA
System Software
1 16 (18.39%) Active Directory
2 3 (3.45%) Terminal Server
2 3 (3.45%) VMware Infrastructure
3 1 (1.15%) VMware Workstation
3 1 (1.15%) VMware Server
3 1 (1.15%) Hyper-V
Systems Management
1 4 (4.60%) SCCM
2 2 (2.30%) HP Quality Center
3 1 (1.15%) Backup Exec
3 1 (1.15%) Systems Management Server (SMS)
3 1 (1.15%) SCVMM
3 1 (1.15%) BMC Marimba
Vendors
1 38 (43.68%) Reuters
2 13 (14.94%) Microsoft
3 12 (13.79%) Citrix
4 11 (12.64%) Charles River
5 10 (11.49%) ION Trading
6 8 (9.20%) Fidessa
7 7 (8.05%) Oracle
7 7 (8.05%) Murex
7 7 (8.05%) thinkFolio
8 6 (6.90%) MarketAxess
8 6 (6.90%) VMware
8 6 (6.90%) HP
9 5 (5.75%) Sybase
9 5 (5.75%) Tradeweb
9 5 (5.75%) RIMES
10 4 (4.60%) Lotus
11 3 (3.45%) JBoss
11 3 (3.45%) Cisco
11 3 (3.45%) SunGard
11 3 (3.45%) Adobe