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 10 February 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.

Location
3 months to
10 Feb 2016
Same period 2015 Same period 2014
Fidessa LatentZero
Rank 148 185 201
Rank change year-on-year
+37 +16
Contract jobs citing LatentZero 5 3 5
As % of all contract IT jobs located in the City of London 0.16% 0.058% 0.084%
As % of the Business Applications category 2.16% 0.70% 1.13%
Number of daily rates quoted 1 3 3
Average daily rate £225 £500 £463
Average daily rate % change year-on-year
-55.00% +8.10%
UK excluding London average daily rate - - -
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
232 430 443
As % of all contract IT jobs located in the City of London 7.37% 8.36% 7.44%
Number of daily rates quoted 158 316 282
Average daily rate £480 £475 £450
Average daily rate % change year-on-year
+1.05% +5.55%
90% offered a daily rate of more than £300 £300 £325
10% offered a daily rate of more than £637 £650 £600
UK excluding London average daily rate £425 £425 £415
% change year-on-year
- +2.40%
Number of hourly rates quoted 2 1 5
Average hourly rate £39.50 £45.50 £29.20
Average hourly rate % change year-on-year
-13.18% +55.84%
90% offered a hourly rate of more than £27.10 £45.50 £22.00
10% offered a hourly rate of more than £51.90 £45.50 £32.00
UK excluding London average hourly rate £38.50 £17.75 £35.00
% change year-on-year
+116.90% -49.28%

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 27 Related IT Skills in the City of London

For the 6 months to 10 February 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 5 (71.43%) Fidessa
1 5 (71.43%) Fixed Income
1 5 (71.43%) Sentinel
2 4 (57.14%) Legal
2 4 (57.14%) Front Office
3 2 (28.57%) Finance
3 2 (28.57%) Asset Management
3 2 (28.57%) thinkFolio
4 1 (14.29%) Enterprise Data Management
4 1 (14.29%) User Acceptance Testing
4 1 (14.29%) Eagle PACE
4 1 (14.29%) Data Validation
4 1 (14.29%) HP Quality Center
4 1 (14.29%) Markit EDM
4 1 (14.29%) Relational Database
4 1 (14.29%) Data Management
4 1 (14.29%) Validation
4 1 (14.29%) RDBMS
4 1 (14.29%) Equities
4 1 (14.29%) Tesseract
4 1 (14.29%) Minerva
4 1 (14.29%) Change Management
4 1 (14.29%) HP
4 1 (14.29%) Salesforce.com
4 1 (14.29%) webMethods
4 1 (14.29%) StatPro
4 1 (14.29%) SQL

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

For the 6 months to 10 February 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 5 (71.43%) Sentinel
2 2 (28.57%) thinkFolio
3 1 (14.29%) Eagle PACE
3 1 (14.29%) Markit EDM
3 1 (14.29%) Minerva
3 1 (14.29%) Tesseract
Database & Business Intelligence
1 1 (14.29%) RDBMS
1 1 (14.29%) Relational Database
General
1 4 (57.14%) Front Office
1 4 (57.14%) Legal
2 2 (28.57%) Finance
Job Titles
1 5 (71.43%) Analyst
2 2 (28.57%) Asset Management Analyst
2 2 (28.57%) Fidessa Analyst
2 2 (28.57%) Graduate
3 1 (14.29%) Data Analyst
3 1 (14.29%) Financial Analyst
3 1 (14.29%) Graduate Analyst
3 1 (14.29%) Project Analyst
3 1 (14.29%) Senior Analyst
3 1 (14.29%) Senior Systems Analyst
3 1 (14.29%) Senior Test Analyst
3 1 (14.29%) Systems Analyst
3 1 (14.29%) Systems Test Analyst
3 1 (14.29%) Systems Tester
3 1 (14.29%) Test Analyst
3 1 (14.29%) Tester
Miscellaneous
1 5 (71.43%) Fixed Income
2 1 (14.29%) Equities
Processes & Methodologies
1 2 (28.57%) Asset Management
2 1 (14.29%) Change Management
2 1 (14.29%) Data Management
2 1 (14.29%) Data Validation
2 1 (14.29%) Enterprise Data Management
2 1 (14.29%) User Acceptance Testing
2 1 (14.29%) Validation
Programming Languages
1 1 (14.29%) SQL
Systems Management
1 1 (14.29%) HP Quality Center
Vendors
1 5 (71.43%) Fidessa
2 1 (14.29%) HP
2 1 (14.29%) Salesforce.com
2 1 (14.29%) StatPro
2 1 (14.29%) webMethods