The table below looks at the statistics for Loan IQ 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 Loan IQ over the 3 months to 17 April 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
17 Apr 2015
Same period 2014 Same period 2013
Misys Loan IQ
Rank 186 206 199
Rank change year-on-year
+20 -7
Contract jobs citing Loan IQ 4 5 7
As % of all contract IT jobs located in the City of London 0.074% 0.077% 0.11%
As % of the Business Applications category 0.88% 1.01% 1.17%
Number of daily rates quoted 1 2 5
Average daily rate
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£530 £538 £525
Average daily rate % change year-on-year
-1.39% +2.38%
UK excluding London average daily rate £388 - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Loan IQ
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
456 494 600
As % of all contract IT jobs located in the City of London 8.39% 7.63% 9.51%
Number of daily rates quoted 325 354 420
Average daily rate £500 £450 £488
Average daily rate % change year-on-year
+11.11% -7.69%
90% offered a daily rate of more than £350 £310 £350
10% offered a daily rate of more than £650 £625 £600
UK excluding London average daily rate £425 £400 £425
% change year-on-year
+6.25% -5.88%
Number of hourly rates quoted 2 4 3
Average hourly rate £16.32 £50.00 £12.00
Average hourly rate % change year-on-year
-67.36% +316.66%
90% offered a hourly rate of more than £15.77 £15.70 £11.60
10% offered a hourly rate of more than £16.86 £55.00 £30.75
UK excluding London average hourly rate £32.00 £33.00 £37.80
% change year-on-year
-3.03% -12.69%

Loan IQ
Jobs Demand Trend in the City of London

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

Loan IQ Jobs Demand Trend in the City of London

Loan IQ
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 Loan IQ across the City of London region.

Loan IQ Daily Rate Trend in the City of London

Loan IQ
Top 11 Related IT Skills in the City of London

For the 6 months to 17 April 2015, IT contractor jobs across the City of London region citing Loan IQ 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 Loan IQ.

1 3 (75.00%) Java
2 2 (50.00%) Banking
2 2 (50.00%) Data Modelling
3 1 (25.00%) IBM
3 1 (25.00%) DataStage
3 1 (25.00%) SQL
3 1 (25.00%) Oracle
3 1 (25.00%) XML
3 1 (25.00%) IBM InfoSphere
3 1 (25.00%) Back Office
3 1 (25.00%) Agile Software Development

Loan IQ
Top Related IT Skills in the City of London by Category

For the 6 months to 17 April 2015, IT contractor jobs across the City of London region citing Loan IQ 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 Loan IQ. Up to 20 skills are shown per category.

Database & Business Intelligence
1 1 (25.00%) DataStage
1 1 (25.00%) IBM InfoSphere
General
1 2 (50.00%) Banking
2 1 (25.00%) Back Office
Job Titles
1 3 (75.00%) Developer
2 1 (25.00%) Analyst
2 1 (25.00%) DataStage Developer
2 1 (25.00%) Business Analyst
Libraries, Frameworks & Software Standards
1 1 (25.00%) XML
Processes & Methodologies
1 2 (50.00%) Data Modelling
2 1 (25.00%) Agile Software Development
Programming Languages
1 3 (75.00%) Java
2 1 (25.00%) SQL
Vendors
1 1 (25.00%) Oracle
1 1 (25.00%) IBM
City of London
Real Staffing
Rate: £250 - £300 per day + competitive
Posted: 3 days ago