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 6 March 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
6 Mar 2015
Same period 2014 Same period 2013
Fidessa LatentZero
Rank 180 195 174
Rank change year-on-year
+15 -21
Contract jobs citing LatentZero 5 4 20
As % of all contract IT jobs located in the City of London 0.10% 0.070% 0.35%
As % of the Business Applications category 1.26% 0.88% 4.32%
Number of daily rates quoted 5 2 18
Average daily rate
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of your Daily Rate
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£576 £550 £525
Average daily rate % change year-on-year
+4.63% +4.76%
90% offered a daily rate of more than £505 £470 £425
10% offered a daily rate of more than £700 £630 £600
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 1 0
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
397 452 463
As % of all contract IT jobs located in the City of London 8.03% 7.94% 8.07%
Number of daily rates quoted 283 307 331
Average daily rate £475 £445 £475
Average daily rate % change year-on-year
+6.74% -6.31%
90% offered a daily rate of more than £320 £315 £350
10% offered a daily rate of more than £683 £625 £600
UK excluding London average daily rate £425 £413 £413
% change year-on-year
+3.03% -
Number of hourly rates quoted 2 5 0
Average hourly rate £31.25 £30.83 -
Average hourly rate % change year-on-year
+1.36% -
UK excluding London average hourly rate £18.00 £26.50 £37.80
% change year-on-year
-32.07% -29.89%

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 6 March 2015.

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 6 March 2015, 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 7 (100.00%) thinkFolio
2 5 (71.43%) Front Office
3 4 (57.14%) SQL
3 4 (57.14%) User Acceptance Testing
3 4 (57.14%) Asset Management
3 4 (57.14%) Derivative
4 3 (42.86%) Agile Software Development
4 3 (42.86%) Tesseract
4 3 (42.86%) Minerva
4 3 (42.86%) Sentinel
4 3 (42.86%) Bloomberg
5 2 (28.57%) Charles River
5 2 (28.57%) SQL Server
5 2 (28.57%) Finance
5 2 (28.57%) Fixed Income
5 2 (28.57%) Fund Management
5 2 (28.57%) Investment Management
5 2 (28.57%) Portfolio Management
5 2 (28.57%) Markit EDM
6 1 (14.29%) SQL Server Management Studio (SSMS)
6 1 (14.29%) Eagle PACE
6 1 (14.29%) Integration Testing
6 1 (14.29%) Problem Management
6 1 (14.29%) Investment Banking
6 1 (14.29%) Equities
6 1 (14.29%) Banking
6 1 (14.29%) Change Management
6 1 (14.29%) Management Information System
6 1 (14.29%) Back Office
6 1 (14.29%) MS Excel

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

For the 6 months to 6 March 2015, 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.

Applications
1 1 (14.29%) MS Excel
Business Applications
1 7 (100.00%) thinkFolio
2 3 (42.86%) Tesseract
2 3 (42.86%) Minerva
2 3 (42.86%) Sentinel
3 2 (28.57%) Markit EDM
4 1 (14.29%) Eagle PACE
Database & Business Intelligence
1 2 (28.57%) SQL Server
Development Applications
1 1 (14.29%) SQL Server Management Studio (SSMS)
General
1 5 (71.43%) Front Office
2 2 (28.57%) Finance
3 1 (14.29%) Banking
3 1 (14.29%) Investment Banking
3 1 (14.29%) Back Office
Job Titles
1 6 (85.71%) Analyst
2 4 (57.14%) Business Analyst
3 2 (28.57%) Test Analyst
4 1 (14.29%) VBA Developer
4 1 (14.29%) Developer
Miscellaneous
1 4 (57.14%) Derivative
2 2 (28.57%) Fixed Income
3 1 (14.29%) Equities
3 1 (14.29%) Foreign Exchange (FX)
3 1 (14.29%) Management Information System
Processes & Methodologies
1 4 (57.14%) Asset Management
1 4 (57.14%) User Acceptance Testing
2 3 (42.86%) Agile Software Development
3 2 (28.57%) Fund Management
3 2 (28.57%) Investment Management
3 2 (28.57%) Portfolio Management
4 1 (14.29%) Integration Testing
4 1 (14.29%) Problem Management
4 1 (14.29%) Change Management
Programming Languages
1 4 (57.14%) SQL
2 1 (14.29%) VBA
Systems Management
1 1 (14.29%) Control-M
Vendors
1 3 (42.86%) Bloomberg
2 2 (28.57%) Charles River
3 1 (14.29%) Oracle
3 1 (14.29%) Microsoft
3 1 (14.29%) Fidessa