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 31 July 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
31 Jul 2015
Same period 2014 Same period 2013
Greeks
Rank 186 186 205
Rank change year-on-year
0 +19
Contract jobs citing Greeks 22 13 21
As % of all contract IT jobs located in the City of London 0.38% 0.22% 0.30%
As % of the Processes & Methodologies category 0.48% 0.29% 0.38%
Number of daily rates quoted 22 12 19
Average daily rate
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£598 £588 £550
Average daily rate % change year-on-year
+1.70% +6.81%
90% offered a daily rate of more than £575 £550 £487
10% offered a daily rate of more than £620 £650 £630
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
4608 4500 5541
As % of all contract IT jobs located in the City of London 78.70% 77.53% 78.16%
Number of daily rates quoted 3635 3349 4119
Average daily rate £470 £450 £450
Average daily rate % change year-on-year
+4.44% -
90% offered a daily rate of more than £325 £313 £313
10% offered a daily rate of more than £625 £625 £600
UK excluding London average daily rate £388 £375 £375
% change year-on-year
+3.33% -
Number of hourly rates quoted 42 43 95
Average hourly rate £21.30 £23.50 £28.00
Average hourly rate % change year-on-year
-9.36% -16.07%
90% offered a hourly rate of more than £13.00 £15.00 £17.50
10% offered a hourly rate of more than £47.50 £45.85 £52.50
UK excluding London average hourly rate £30.50 £26.50 £31.00
% change year-on-year
+15.09% -14.51%

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 31 July 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 31 July 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 34 (87.18%) Front Office
2 30 (76.92%) C#
3 26 (66.67%) Derivative
4 23 (58.97%) .NET
5 22 (56.41%) SQL
5 22 (56.41%) Multithreading
6 20 (51.28%) Banking
7 19 (48.72%) Investment Banking
8 14 (35.90%) Finance
9 12 (30.77%) Java
9 12 (30.77%) Credit Derivative
9 12 (30.77%) Garbage Collection
10 10 (25.64%) Unit Testing
10 10 (25.64%) Risk Management
11 9 (23.08%) Credit Risk
12 8 (20.51%) OO
13 7 (17.95%) Business Analysis
14 6 (15.38%) Market Risk
14 6 (15.38%) Data Migration
14 6 (15.38%) Migration
14 6 (15.38%) SQL Server
15 5 (12.82%) XML
15 5 (12.82%) WPF
16 4 (10.26%) FpML
16 4 (10.26%) Regression Testing
17 3 (7.69%) C
17 3 (7.69%) Test Scripting
17 3 (7.69%) Monte Carlo Method
17 3 (7.69%) Fixed Income
17 3 (7.69%) Equities

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

For the 6 months to 31 July 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.

Application Platforms
1 1 (2.56%) Apache Spark
Applications
1 1 (2.56%) Spreadsheet
Database & Business Intelligence
1 6 (15.38%) SQL Server
2 2 (5.13%) RDBMS
2 2 (5.13%) Hadoop
2 2 (5.13%) Apache Hive
2 2 (5.13%) HBase
2 2 (5.13%) Big Data
2 2 (5.13%) Relational Database
2 2 (5.13%) Impala
3 1 (2.56%) QlikView
3 1 (2.56%) BusinessObjects XI
3 1 (2.56%) SQL Server Analysis Services
3 1 (2.56%) OLAP
Development Applications
1 2 (5.13%) JIRA
2 1 (2.56%) Eclipse
2 1 (2.56%) Maven
General
1 34 (87.18%) Front Office
2 20 (51.28%) Banking
3 19 (48.72%) Investment Banking
4 14 (35.90%) Finance
Job Titles
1 29 (74.36%) Developer
2 28 (71.79%) C# Developer
3 24 (61.54%) Senior C# Developer
3 24 (61.54%) Senior Developer
4 7 (17.95%) Business Analyst
4 7 (17.95%) Analyst
5 3 (7.69%) Banking Business Analyst
6 2 (5.13%) Risk Analyst
7 1 (2.56%) VBA Developer
7 1 (2.56%) Data Architect
7 1 (2.56%) Development Manager
7 1 (2.56%) Front Office Developer
7 1 (2.56%) Investment Banking Business Analyst
7 1 (2.56%) Big Data Architect
7 1 (2.56%) Architect
Libraries, Frameworks & Software Standards
1 23 (58.97%) .NET
2 5 (12.82%) XML
2 5 (12.82%) WPF
3 4 (10.26%) FpML
4 1 (2.56%) WCF
4 1 (2.56%) HTML5
4 1 (2.56%) REST
4 1 (2.56%) Akka
4 1 (2.56%) Play Framework
4 1 (2.56%) HTML
Miscellaneous
1 26 (66.67%) Derivative
2 12 (30.77%) Credit Derivative
3 9 (23.08%) Credit Risk
4 6 (15.38%) Market Risk
5 3 (7.69%) Fixed Income
5 3 (7.69%) Equities
6 2 (5.13%) Foreign Exchange (FX)
6 2 (5.13%) Replication
Processes & Methodologies
1 22 (56.41%) Multithreading
2 12 (30.77%) Garbage Collection
3 10 (25.64%) Unit Testing
3 10 (25.64%) Risk Management
4 8 (20.51%) OO
5 7 (17.95%) Business Analysis
6 6 (15.38%) Migration
6 6 (15.38%) Data Migration
7 4 (10.26%) Regression Testing
8 3 (7.69%) Stress Testing
8 3 (7.69%) Test Scripting
8 3 (7.69%) Monte Carlo Method
8 3 (7.69%) Analytics
9 2 (5.13%) Logical Data Model
9 2 (5.13%) Test Automation
9 2 (5.13%) BDD
9 2 (5.13%) Stakeholder Management
9 2 (5.13%) Agile Software Development
9 2 (5.13%) Data Modelling
9 2 (5.13%) Workflow
Programming Languages
1 30 (76.92%) C#
2 22 (56.41%) SQL
3 12 (30.77%) Java
4 3 (7.69%) C
5 1 (2.56%) PL/SQL
5 1 (2.56%) VBA
5 1 (2.56%) Groovy
5 1 (2.56%) Scala
Quality Assurance & Compliance
1 2 (5.13%) QA
2 1 (2.56%) Basel III
2 1 (2.56%) Dodd-Frank
System Software
1 2 (5.13%) Apache Flume
1 2 (5.13%) HDFS
Systems Management
1 2 (5.13%) Oozie
Vendors
1 1 (2.56%) Actian
City, London
TEKsystems
Rate: £600 - £650 per day
Posted: 3 days ago
City, London
TEKsystems
Rate: £500 per day
Posted: 5 days ago