The table below looks at the statistics for Greeks skills 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 Greeks over the 3 months to 30 January 2015 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.

Location
3 months to
30 Jan 2015
Same period 2014 Same period 2013
Greeks
Rank 188 199 179
Rank change year-on-year
+11 -20
Contract jobs citing Greeks 8 9 13
As % of all contract IT jobs located in the City of London 0.16% 0.15% 0.23%
As % of the Processes & Methodologies category 0.20% 0.20% 0.30%
Number of daily rates quoted 8 9 13
Average daily rate
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£613 £588 £575
Average daily rate % change year-on-year
+4.25% +2.17%
90% offered a daily rate of more than £550 £520 £550
10% offered a daily rate of more than £688 £600 £650
UK excluding London average daily rate - - £600
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Greeks
London

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

Processes & Methodologies Category
City of London
Contract IT job ads with a match in the
Processes & Methodologies category
4006 4577 4299
As % of all contract IT jobs located in the City of London 78.90% 77.39% 76.28%
Number of daily rates quoted 3133 3335 3287
Average daily rate £450 £450 £450
90% offered a daily rate of more than £323 £300 £315
10% offered a daily rate of more than £625 £625 £600
UK excluding London average daily rate £398 £375 £363
% change year-on-year
+6.00% +3.44%
Number of hourly rates quoted 30 48 74
Average hourly rate £22.25 £24.00 £35.00
Average hourly rate % change year-on-year
-7.29% -31.42%
90% offered a hourly rate of more than £12.50 £15.00 £14.60
10% offered a hourly rate of more than £45.50 £77.50 £135.00
UK excluding London average hourly rate £26.00 £27.50 £31.32
% change year-on-year
-5.45% -12.19%

Greeks
Jobs Demand Trend in the City of London

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

Greeks Jobs Demand Trend in the City of London

Greeks
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 Greeks across the City of London region.

Greeks Daily Rate Trend in the City of London

Greeks
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Greeks across the City of London region over the 3 months to 30 January 2015.

Greeks Daily Rate Histogram in the City of London

Greeks
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 Greeks across the City of London region.

Greeks Hourly Rate Trend in the City of London

Greeks
Top 30 Related IT Skills in the City of London

For the 6 months to 30 January 2015, IT contractor jobs across the City of London region citing Greeks 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 Greeks.

1 11 (57.89%) C#
1 11 (57.89%) Front Office
1 11 (57.89%) Derivative
2 10 (52.63%) Finance
3 8 (42.11%) Banking
3 8 (42.11%) Investment Banking
4 6 (31.58%) Agile Software Development
4 6 (31.58%) Java
4 6 (31.58%) SQL
4 6 (31.58%) Credit Derivative
4 6 (31.58%) Analytics
5 5 (26.32%) SQL Server
5 5 (26.32%) Foreign Exchange (FX)
5 5 (26.32%) Scrum
5 5 (26.32%) Fixed Income
5 5 (26.32%) TDD
6 4 (21.05%) FpML
6 4 (21.05%) XML
6 4 (21.05%) VBA
6 4 (21.05%) Market Risk
6 4 (21.05%) BDD
7 3 (15.79%) SQL Server 2008
7 3 (15.79%) SQL Server 2005
7 3 (15.79%) Low Latency
7 3 (15.79%) Use Case
7 3 (15.79%) .NET
7 3 (15.79%) Oracle
7 3 (15.79%) Risk Management
8 2 (10.53%) Business Analysis
8 2 (10.53%) Validation

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

For the 6 months to 30 January 2015, IT contractor jobs across the City of London region citing Greeks 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 Greeks. Up to 20 skills are shown per category.

Applications
1 1 (5.26%) Spreadsheet
Database & Business Intelligence
1 5 (26.32%) SQL Server
2 3 (15.79%) SQL Server 2008
2 3 (15.79%) SQL Server 2005
3 2 (10.53%) Relational Database
4 1 (5.26%) Big Data
4 1 (5.26%) Hadoop
4 1 (5.26%) RDBMS
4 1 (5.26%) Data Warehouse
Development Applications
1 1 (5.26%) Rhino Mocks
1 1 (5.26%) Maven
1 1 (5.26%) Ant
General
1 11 (57.89%) Front Office
2 10 (52.63%) Finance
3 8 (42.11%) Banking
3 8 (42.11%) Investment Banking
4 1 (5.26%) Financial Institution
Job Titles
1 11 (57.89%) Developer
2 6 (31.58%) C# Developer
2 6 (31.58%) Business Analyst
2 6 (31.58%) Analyst
3 3 (15.79%) Senior Developer
3 3 (15.79%) Senior C# Developer
4 2 (10.53%) C++ Developer
4 2 (10.53%) VBA Developer
4 2 (10.53%) Excel Developer
4 2 (10.53%) Market Risk Analyst
4 2 (10.53%) Market Risk Business Analyst
4 2 (10.53%) Banking Business Analyst
5 1 (5.26%) WPF Developer
5 1 (5.26%) Senior SQL Developer
5 1 (5.26%) RAD Developer
5 1 (5.26%) Business Developer
5 1 (5.26%) Development Manager
5 1 (5.26%) Senior Manager
5 1 (5.26%) Front Office Developer
5 1 (5.26%) Project Manager
Libraries, Frameworks & Software Standards
1 4 (21.05%) FpML
1 4 (21.05%) XML
2 3 (15.79%) .NET
3 2 (10.53%) STL
3 2 (10.53%) Boost C++ Libraries
4 1 (5.26%) ASP.NET MVC
4 1 (5.26%) HTML5
4 1 (5.26%) AngularJS
4 1 (5.26%) RESTful
4 1 (5.26%) WCF
4 1 (5.26%) WPF
4 1 (5.26%) jQuery
4 1 (5.26%) Spring
4 1 (5.26%) Akka
4 1 (5.26%) Web Services
4 1 (5.26%) HTML
4 1 (5.26%) J2EE
4 1 (5.26%) ASP.NET
4 1 (5.26%) Hibernate
Miscellaneous
1 11 (57.89%) Derivative
2 6 (31.58%) Credit Derivative
3 5 (26.32%) Foreign Exchange (FX)
3 5 (26.32%) Fixed Income
4 4 (21.05%) Market Risk
5 2 (10.53%) Grid Computing
5 2 (10.53%) Equities
5 2 (10.53%) Interest Rate Derivative
6 1 (5.26%) Inversion of Control
6 1 (5.26%) Hedge funds
6 1 (5.26%) Analytical Skills
Operating Systems
1 1 (5.26%) UNIX
1 1 (5.26%) Windows
Processes & Methodologies
1 6 (31.58%) Agile Software Development
1 6 (31.58%) Analytics
2 5 (26.32%) Scrum
2 5 (26.32%) TDD
3 4 (21.05%) BDD
4 3 (15.79%) Low Latency
4 3 (15.79%) Use Case
4 3 (15.79%) Risk Management
5 2 (10.53%) Business Analysis
5 2 (10.53%) Validation
5 2 (10.53%) OO
5 2 (10.53%) RAD
5 2 (10.53%) Business Intelligence
5 2 (10.53%) Risk Analysis
5 2 (10.53%) Multithreading
6 1 (5.26%) MVVM
6 1 (5.26%) Domain-Driven Design
6 1 (5.26%) Fund Management
6 1 (5.26%) Technical Architecture
6 1 (5.26%) User Acceptance Testing
Programming Languages
1 11 (57.89%) C#
2 6 (31.58%) Java
2 6 (31.58%) SQL
3 4 (21.05%) VBA
4 2 (10.53%) C++
5 1 (5.26%) Groovy
5 1 (5.26%) Scala
5 1 (5.26%) Shell Script
5 1 (5.26%) JavaScript
5 1 (5.26%) PL/SQL
5 1 (5.26%) C
5 1 (5.26%) XAML
Qualifications
1 2 (10.53%) Degree
2 1 (5.26%) PMP
2 1 (5.26%) PMI Certification
Quality Assurance & Compliance
1 1 (5.26%) QA
Vendors
1 3 (15.79%) Oracle
2 2 (10.53%) Cognos
2 2 (10.53%) DataSynapse
3 1 (5.26%) Reuters