The table below looks at the statistics for LatentZero 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 LatentZero over the 3 months to 1 May 2016 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.

3 months to
1 May 2016
Same period 2015 Same period 2014
Fidessa LatentZero
Rank 155 195 200
Rank change year-on-year
+40 +5
Contract jobs citing LatentZero 2 6 10
As % of all contract IT jobs located in the City of London 0.057% 0.11% 0.16%
As % of the Business Applications category 0.86% 1.25% 1.98%
Number of daily rates quoted 2 6 9
Average daily rate £613 £569 £550
Average daily rate % change year-on-year
+7.64% +3.45%
90% offered a daily rate of more than £603 £513 £445
10% offered a daily rate of more than £623 £700 £650
UK excluding London average daily rate - - £650
Number of hourly rates quoted 0 0 1
Average hourly rate - - £50.00
UK excluding London average hourly rate - - -
LatentZero
London

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

Business Applications Category
City of London
Contract IT job ads with a match in the
Business Applications category
233 479 505
As % of all contract IT jobs located in the City of London 6.67% 8.55% 8.09%
Number of daily rates quoted 171 343 360
Average daily rate £500 £500 £450
Average daily rate % change year-on-year
- +11.11%
90% offered a daily rate of more than £350 £375 £309
10% offered a daily rate of more than £650 £650 £650
UK excluding London average daily rate £425 £425 £400
% change year-on-year
- +6.25%
Number of hourly rates quoted 4 1 3
Average hourly rate £21.38 £17.00 £50.00
Average hourly rate % change year-on-year
+25.73% -66.00%
90% offered a hourly rate of more than £16.75 £17.00 £31.50
10% offered a hourly rate of more than £26.00 £17.00 £56.25
UK excluding London average hourly rate £27.50 £29.42 £37.49
% change year-on-year
-6.51% -21.53%

LatentZero
Jobs Demand Trend in the City of London

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

LatentZero Jobs Demand Trend in the City of London

LatentZero
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 LatentZero across the City of London region.

LatentZero Daily Rate Trend in the City of London

LatentZero
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 LatentZero across the City of London region.

LatentZero Hourly Rate Trend in the City of London

LatentZero
Top 25 Related IT Skills in the City of London

For the 6 months to 1 May 2016, IT contractor jobs across the City of London region citing LatentZero 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 LatentZero.

1 6 (85.71%) Fidessa
1 6 (85.71%) Front Office
2 4 (57.14%) Finance
2 4 (57.14%) Legal
2 4 (57.14%) Fixed Income
2 4 (57.14%) Sentinel
3 2 (28.57%) Minerva
4 1 (14.29%) SQL
4 1 (14.29%) Workflow
4 1 (14.29%) Tesseract
4 1 (14.29%) Validation
4 1 (14.29%) Service Delivery
4 1 (14.29%) Change Management
4 1 (14.29%) Management Information System
4 1 (14.29%) Bloomberg
4 1 (14.29%) Linedata
4 1 (14.29%) Charles River
4 1 (14.29%) Configuration Management
4 1 (14.29%) SimCorp
4 1 (14.29%) SimCorp Dimension
4 1 (14.29%) Incident Management
4 1 (14.29%) FIX Protocol
4 1 (14.29%) Continuous Improvement
4 1 (14.29%) Eze Castle Integration
4 1 (14.29%) Data Management

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

For the 6 months to 1 May 2016, IT contractor jobs across the City of London region citing LatentZero 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 LatentZero. Up to 20 skills are shown per category.

Business Applications
1 4 (57.14%) Sentinel
2 2 (28.57%) Minerva
3 1 (14.29%) SimCorp Dimension
3 1 (14.29%) Tesseract
General
1 6 (85.71%) Front Office
2 4 (57.14%) Finance
2 4 (57.14%) Legal
Job Titles
1 4 (57.14%) Analyst
2 2 (28.57%) Fidessa Analyst
2 2 (28.57%) Graduate
3 1 (14.29%) Applications Support
3 1 (14.29%) Business Analyst
3 1 (14.29%) Business Systems Analyst
3 1 (14.29%) Financial Analyst
3 1 (14.29%) Graduate Analyst
3 1 (14.29%) Service Desk Support
3 1 (14.29%) Systems Tester
3 1 (14.29%) Tester
Libraries, Frameworks & Software Standards
1 1 (14.29%) FIX Protocol
Miscellaneous
1 4 (57.14%) Fixed Income
2 1 (14.29%) Management Information System
Processes & Methodologies
1 1 (14.29%) Change Management
1 1 (14.29%) Configuration Management
1 1 (14.29%) Continuous Improvement
1 1 (14.29%) Data Management
1 1 (14.29%) Incident Management
1 1 (14.29%) Service Delivery
1 1 (14.29%) Validation
1 1 (14.29%) Workflow
Programming Languages
1 1 (14.29%) SQL
Vendors
1 6 (85.71%) Fidessa
2 1 (14.29%) Bloomberg
2 1 (14.29%) Charles River
2 1 (14.29%) Eze Castle Integration
2 1 (14.29%) Linedata
2 1 (14.29%) SimCorp