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 20 August 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.

Location
3 months to
20 Aug 2014
Same period 2013 Same period 2012
Fidessa LatentZero
Rank 193 220 209
Rank change year-on-year
+27 -11
Contract jobs citing LatentZero 5 10 22
As % of all contract IT jobs located in the City of London 0.086% 0.14% 0.28%
As % of the Business Applications category 0.95% 1.65% 3.17%
Number of daily rates quoted 4 6 19
Average daily rate
Keep up to 90%
of your Daily Rate
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£525 £315 £525
Average daily rate % change year-on-year
+66.66% -40.00%
90% offered a daily rate of more than £483 £315 £350
10% offered a daily rate of more than £585 £438 £600
UK excluding London average daily rate - £301 £325
% change year-on-year
- -7.30%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
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
529 605 694
As % of all contract IT jobs located in the City of London 9.15% 8.21% 8.73%
Number of daily rates quoted 364 419 516
Average daily rate £475 £450 £500
Average daily rate % change year-on-year
+5.55% -10.00%
90% offered a daily rate of more than £350 £325 £350
10% offered a daily rate of more than £550 £625 £625
UK excluding London average daily rate £425 £400 £435
% change year-on-year
+6.25% -8.04%
Number of hourly rates quoted 4 7 5
Average hourly rate £32.03 £14.50 £48.00
Average hourly rate % change year-on-year
+120.89% -69.79%
90% offered a hourly rate of more than £23.87 £13.00 £41.05
10% offered a hourly rate of more than £32.82 £16.80 £52.21
UK excluding London average hourly rate £31.50 £17.69 £20.00
% change year-on-year
+78.06% -11.55%

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
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing LatentZero across the City of London region over the 3 months to 20 August 2014.

LatentZero Daily Rate Histogram 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 30 Related IT Skills in the City of London

For the 6 months to 20 August 2014, 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 10 (71.43%) Investment Management
2 9 (64.29%) Asset Management
2 9 (64.29%) Charles River
3 8 (57.14%) thinkFolio
4 6 (42.86%) Sentinel
4 6 (42.86%) Front Office
5 5 (35.71%) Minerva
5 5 (35.71%) Fixed Income
6 4 (28.57%) SQL
6 4 (28.57%) Banking
7 3 (21.43%) Tesseract
7 3 (21.43%) Derivative
7 3 (21.43%) Markit EDM
7 3 (21.43%) Reuters
7 3 (21.43%) Bloomberg
8 2 (14.29%) Fidessa
8 2 (14.29%) Eagle PACE
8 2 (14.29%) Stakeholder Engagement
8 2 (14.29%) Portfolio Management
8 2 (14.29%) Finance
8 2 (14.29%) Investment Banking
9 1 (7.14%) Business Analysis
9 1 (7.14%) SimCorp
9 1 (7.14%) SimCorp Dimension
9 1 (7.14%) Back Office
9 1 (7.14%) Risk Management
9 1 (7.14%) Exchange Server 2003
9 1 (7.14%) Adobe Captivate
9 1 (7.14%) Fund Management
9 1 (7.14%) RIMES

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

For the 6 months to 20 August 2014, 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.

Application Platforms
1 1 (7.14%) Exchange Server 2003
1 1 (7.14%) MS Exchange
Applications
1 1 (7.14%) Adobe Captivate
1 1 (7.14%) MS Excel
Business Applications
1 6 (42.86%) Sentinel
2 5 (35.71%) Minerva
3 3 (21.43%) Tesseract
3 3 (21.43%) Markit EDM
4 2 (14.29%) Eagle PACE
5 1 (7.14%) SimCorp Dimension
Communications & Networking
1 1 (7.14%) Internet
General
1 6 (42.86%) Front Office
2 4 (28.57%) Banking
3 2 (14.29%) Finance
3 2 (14.29%) Investment Banking
4 1 (7.14%) Back Office
Job Titles
1 12 (85.71%) Analyst
2 5 (35.71%) Business Analyst
2 5 (35.71%) Test Analyst
3 2 (14.29%) Senior Analyst
3 2 (14.29%) Support Analyst
3 2 (14.29%) Applications Support
4 1 (7.14%) Compliance Analyst
4 1 (7.14%) Senior Business Analyst
4 1 (7.14%) Support Specialist
4 1 (7.14%) Applications Specialist
4 1 (7.14%) Test Manager
4 1 (7.14%) Desktop Support Analyst
4 1 (7.14%) Applications Support Analyst
4 1 (7.14%) Senior Test Analyst
4 1 (7.14%) Applications Support Specialist
4 1 (7.14%) Desktop Analyst
4 1 (7.14%) Desktop Support
Miscellaneous
1 5 (35.71%) Fixed Income
2 3 (21.43%) Derivative
3 1 (7.14%) Equities
3 1 (7.14%) Blackberry
Operating Systems
1 1 (7.14%) UNIX
1 1 (7.14%) Windows
Processes & Methodologies
1 10 (71.43%) Investment Management
2 9 (64.29%) Asset Management
3 2 (14.29%) Stakeholder Engagement
3 2 (14.29%) Portfolio Management
4 1 (7.14%) Business Analysis
4 1 (7.14%) Risk Management
4 1 (7.14%) Fund Management
4 1 (7.14%) Business Continuity
Programming Languages
1 4 (28.57%) SQL
2 1 (7.14%) VBA
System Software
1 1 (7.14%) Active Directory
Vendors
1 9 (64.29%) Charles River
2 8 (57.14%) thinkFolio
3 3 (21.43%) Reuters
3 3 (21.43%) Bloomberg
4 2 (14.29%) Fidessa
5 1 (7.14%) SimCorp
5 1 (7.14%) RIMES
5 1 (7.14%) CA
5 1 (7.14%) Algorithmics
5 1 (7.14%) Adobe
5 1 (7.14%) Murex
5 1 (7.14%) Calypso