The first table below looks at the demand 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 24 July 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all of the Business Applications category for the City of London region.

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
24 Jul 2014
Same period 2013 Same period 2012
Misys Loan IQ
Rank 193 218 208
Rank change year-on-year
+25 -10
Contract jobs citing Loan IQ 5 4 13
As % of all contract IT jobs located in the City of London 0.085% 0.056% 0.17%
As % of the Business Applications category 0.98% 0.65% 1.97%
Number of daily rates quoted 5 4 5
Average daily rate
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£575 £575 £600
Average daily rate % change year-on-year
- -4.16%
90% offered a daily rate of more than £483 £395 £585
10% offered a daily rate of more than £640 £650 £643
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Business Applications Category
City of London
Contract IT job ads with a match in the
Business Applications category
509 614 661
As % of all contract IT jobs located in the City of London 8.65% 8.64% 8.46%
Number of daily rates quoted 341 437 476
Average daily rate £475 £450 £475
Average daily rate % change year-on-year
+5.55% -5.26%
90% offered a daily rate of more than £300 £325 £350
10% offered a daily rate of more than £600 £625 £625
UK excluding London average daily rate £425 £413 £438
% change year-on-year
+3.03% -5.71%
Number of hourly rates quoted 4 11 6
Average hourly rate £32.03 £25.50 £48.00
Average hourly rate % change year-on-year
+25.60% -46.87%
90% offered a hourly rate of more than £23.87 £12.90 £41.05
10% offered a hourly rate of more than £32.82 £39.51 £62.95
UK excluding London average hourly rate £31.50 £31.50 £32.50
% change year-on-year
- -3.07%
Loan IQ
London

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
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Loan IQ across the City of London region over the 3 months to 24 July 2014.

Loan IQ Daily Rate Histogram in the City of London

Loan IQ
Top 23 Related IT Skills in the City of London

For the 6 months to 24 July 2014, 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 4 (44.44%) Banking
1 4 (44.44%) Data Modelling
2 3 (33.33%) Misys
2 3 (33.33%) SQL
2 3 (33.33%) Finance
2 3 (33.33%) User Acceptance Testing
2 3 (33.33%) Dodd-Frank
3 2 (22.22%) Stakeholder Management
3 2 (22.22%) Test Scripting
3 2 (22.22%) Legal
3 2 (22.22%) Project Management
4 1 (11.11%) CGI
4 1 (11.11%) MBA
4 1 (11.11%) Change Management
4 1 (11.11%) Investment Banking
4 1 (11.11%) Business Analysis
4 1 (11.11%) Wholesale Banking
4 1 (11.11%) Business Development
4 1 (11.11%) Degree
4 1 (11.11%) Use Case
4 1 (11.11%) IIBA
4 1 (11.11%) CBAP
4 1 (11.11%) SWIFT

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

For the 6 months to 24 July 2014, 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.

General
1 4 (44.44%) Banking
2 3 (33.33%) Finance
3 2 (22.22%) Legal
4 1 (11.11%) Investment Banking
4 1 (11.11%) Wholesale Banking
Job Titles
1 6 (66.67%) Business Analyst
1 6 (66.67%) Analyst
2 3 (33.33%) Project Manager
3 1 (11.11%) Programme Manager
3 1 (11.11%) Contracts Manager
Libraries, Frameworks & Software Standards
1 1 (11.11%) CGI
Miscellaneous
1 1 (11.11%) SWIFT
Processes & Methodologies
1 4 (44.44%) Data Modelling
2 3 (33.33%) User Acceptance Testing
3 2 (22.22%) Stakeholder Management
3 2 (22.22%) Test Scripting
3 2 (22.22%) Project Management
4 1 (11.11%) Change Management
4 1 (11.11%) Business Analysis
4 1 (11.11%) Business Development
4 1 (11.11%) Use Case
Programming Languages
1 3 (33.33%) SQL
Qualifications
1 1 (11.11%) MBA
1 1 (11.11%) Degree
1 1 (11.11%) IIBA
1 1 (11.11%) CBAP
Quality Assurance & Compliance
1 3 (33.33%) Dodd-Frank
Vendors
1 3 (33.33%) Misys