The table below looks at the statistics for knowledge and experience of FactSet products and/or services in IT contracts advertised for the City of London region. Included is a guide to the contractor rates offered in IT contracts that have cited FactSet over the 3 months to 27 February 2017 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 FactSet Research Systems, Inc.

3 months to
27 Feb 2017
Same period 2016 Same period 2015
FactSet
London / City of London
Rank 150 146 194
Rank change year-on-year
-4 +48
Contract jobs citing FactSet 1 5 1
As % of all contract IT jobs located in the City of London 0.034% 0.16% 0.019%
As % of the Vendors category 0.082% 0.40% 0.046%
Number of daily rates quoted 1 2 0
Median daily rate £700 £371 -
Median daily rate % change year-on-year
+88.55% -
UK excluding London median daily rate - £100 -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

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
1225 1260 2180
As % of all contract IT jobs located in the City of London 41.27% 39.92% 42.45%
Number of daily rates quoted 923 941 1589
Median daily rate £450 £450 £425
Median daily rate % change year-on-year
- +5.88%
90% offered a daily rate of more than £300 £275 £265
10% offered a daily rate of more than £625 £600 £575
UK excluding London median daily rate £396 £380 £375
% change year-on-year
+4.27% +1.26%
Number of hourly rates quoted 15 12 43
Median hourly rate £19.00 £18.50 £19.97
Median hourly rate % change year-on-year
+2.70% -7.37%
90% offered a hourly rate of more than £12.51 £9.40 £13.40
10% offered a hourly rate of more than £55.00 £30.00 £24.85
UK excluding London median hourly rate £17.15 £21.00 £17.50
% change year-on-year
-18.33% +20.00%

FactSet
Jobs Demand Trend in the City of London

The demand trend of contract jobs across the City of London region citing FactSet as a proportion of all IT contracts with a match in the Vendors category.

FactSet Jobs Demand Trend in the City of London

FactSet
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 FactSet across the City of London region.

FactSet Daily Rate Trend in the City of London

FactSet
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 FactSet across the City of London region.

FactSet Hourly Rate Trend in the City of London

FactSet
Top 22 Related IT Skills in the City of London

For the 6 months to 27 February 2017, IT contractor jobs citing FactSet also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the City of London region with a requirement for FactSet.

1 5 (100.00%) Finance
2 4 (80.00%) Bloomberg
3 3 (60.00%) Windows
3 3 (60.00%) Active Directory
3 3 (60.00%) VMware
3 3 (60.00%) Asset Management
3 3 (60.00%) Windows 7
4 2 (40.00%) Performance Attribution
4 2 (40.00%) Fixed Income
4 2 (40.00%) SQL
4 2 (40.00%) Reuters
4 2 (40.00%) StatPro
5 1 (20.00%) Software Delivery
5 1 (20.00%) Windows Server
5 1 (20.00%) Virtual Servers
5 1 (20.00%) Sylvan
5 1 (20.00%) BISAM
5 1 (20.00%) Windows Server 2012
5 1 (20.00%) Server Monitoring
5 1 (20.00%) Market Risk
5 1 (20.00%) Advent
5 1 (20.00%) VMware Infrastructure

FactSet
Top Related IT Skills in the City of London 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 1 (20.00%) Sylvan
General
1 5 (100.00%) Finance
Job Titles
1 3 (60.00%) Analyst
1 3 (60.00%) Support Analyst
2 2 (40.00%) Business Consultant
2 2 (40.00%) Consultant
2 2 (40.00%) Desktop Analyst
2 2 (40.00%) Desktop Support
2 2 (40.00%) Desktop Support Analyst
2 2 (40.00%) Performance Consultant
2 2 (40.00%) Senior Business Consultant
2 2 (40.00%) Senior Consultant
2 2 (40.00%) Senior Performance Consultant
3 1 (20.00%) Implementation Consultant
3 1 (20.00%) IT Analyst
3 1 (20.00%) IT Support
3 1 (20.00%) IT Support Analyst
3 1 (20.00%) Senior Implementation Consultant
3 1 (20.00%) Software Consultant
Miscellaneous
1 2 (40.00%) Fixed Income
2 1 (20.00%) Market Risk
Operating Systems
1 3 (60.00%) Windows
1 3 (60.00%) Windows 7
2 1 (20.00%) Windows Server
2 1 (20.00%) Windows Server 2012
Processes & Methodologies
1 3 (60.00%) Asset Management
2 2 (40.00%) Performance Attribution
3 1 (20.00%) Server Monitoring
3 1 (20.00%) Software Delivery
Programming Languages
1 2 (40.00%) SQL
System Software
1 3 (60.00%) Active Directory
2 1 (20.00%) Virtual Servers
2 1 (20.00%) VMware Infrastructure
Vendors
1 4 (80.00%) Bloomberg
2 3 (60.00%) VMware
3 2 (40.00%) Reuters
3 2 (40.00%) StatPro
4 1 (20.00%) Advent
4 1 (20.00%) BISAM