The table below looks at the statistics for Markit EDM 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 Markit EDM over the 3 months to 5 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
5 Feb 2016
Same period 2015 Same period 2014
Markit Enterprise Data Management (formerly Cadis)
Rank 138 153 181
Rank change year-on-year
+15 +28
Contract jobs citing Markit EDM 14 37 25
As % of all contract IT jobs located in the City of London 0.45% 0.74% 0.43%
As % of the Business Applications category 5.88% 8.79% 5.76%
Number of daily rates quoted 4 31 20
Average daily rate £469 £600 £575
Average daily rate % change year-on-year
-21.87% +4.34%
90% offered a daily rate of more than £413 £500 £450
10% offered a daily rate of more than £586 £700 £603
UK excluding London average daily rate £525 £500 £550
% change year-on-year
+5.00% -9.09%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Markit EDM
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
238 421 434
As % of all contract IT jobs located in the City of London 7.59% 8.36% 7.43%
Number of daily rates quoted 164 305 277
Average daily rate £480 £475 £463
Average daily rate % change year-on-year
+1.05% +2.70%
90% offered a daily rate of more than £300 £298 £333
10% offered a daily rate of more than £634 £650 £623
UK excluding London average daily rate £425 £425 £418
% change year-on-year
- +1.79%
Number of hourly rates quoted 3 1 5
Average hourly rate £25.00 £45.50 £29.20
Average hourly rate % change year-on-year
-45.05% +55.84%
90% offered a hourly rate of more than £24.20 £45.50 £22.00
10% offered a hourly rate of more than £49.00 £45.50 £32.00
UK excluding London average hourly rate £39.00 £17.50 £37.80
% change year-on-year
+122.85% -53.70%

Markit EDM
Jobs Demand Trend in the City of London

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

Markit EDM Jobs Demand Trend in the City of London

Markit EDM
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 Markit EDM across the City of London region.

Markit EDM Daily Rate Trend in the City of London

Markit EDM
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Markit EDM across the City of London region over the 3 months to 5 February 2016.

Markit EDM Daily Rate Histogram in the City of London

Markit EDM
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 Markit EDM across the City of London region.

Markit EDM Hourly Rate Trend in the City of London

Markit EDM
Top 30 Related IT Skills in the City of London

For the 6 months to 5 February 2016, IT contractor jobs across the City of London region citing Markit EDM 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 Markit EDM.

1 14 (66.67%) SQL
2 13 (61.90%) Finance
3 11 (52.38%) Equities
3 11 (52.38%) Derivative
4 10 (47.62%) Fixed Income
4 10 (47.62%) Reuters
4 10 (47.62%) SQL Server
4 10 (47.62%) Degree
4 10 (47.62%) JIRA
5 9 (42.86%) Sybase
5 9 (42.86%) T-SQL
5 9 (42.86%) Banking
6 8 (38.10%) Subversion
6 8 (38.10%) Equity Derivative
6 8 (38.10%) DataSynapse
6 8 (38.10%) Migration
6 8 (38.10%) C#
6 8 (38.10%) Perl
6 8 (38.10%) Unix
6 8 (38.10%) ClearCase
6 8 (38.10%) Foreign Exchange (FX)
6 8 (38.10%) ClearQuest
6 8 (38.10%) Configuration Management
6 8 (38.10%) Investment Banking
6 8 (38.10%) Analytics
6 8 (38.10%) Enterprise Software
6 8 (38.10%) Issue Tracking
7 7 (33.33%) Investment Management
8 4 (19.05%) Asset Management
8 4 (19.05%) Data Management

Markit EDM
Top Related IT Skills in the City of London by Category

For the 6 months to 5 February 2016, IT contractor jobs across the City of London region citing Markit EDM 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 Markit EDM. Up to 20 skills are shown per category.

Applications
1 1 (4.76%) MS Office
Business Applications
1 1 (4.76%) Eagle PACE
1 1 (4.76%) LatentZero
1 1 (4.76%) PolarLake
1 1 (4.76%) thinkFolio
Communications & Networking
1 2 (9.52%) SAN
Database & Business Intelligence
1 10 (47.62%) SQL Server
2 3 (14.29%) Data Warehouse
3 2 (9.52%) SQL Server Integration Services
4 1 (4.76%) MS Access
4 1 (4.76%) SQL Server 2008
4 1 (4.76%) SQL Server Reporting Services
Development Applications
1 10 (47.62%) JIRA
2 8 (38.10%) ClearCase
2 8 (38.10%) ClearQuest
2 8 (38.10%) Subversion
3 1 (4.76%) SoapUI
3 1 (4.76%) TeamCity
General
1 13 (61.90%) Finance
2 9 (42.86%) Banking
3 8 (38.10%) Investment Banking
Job Titles
1 12 (57.14%) Developer
2 8 (38.10%) Database Developer
2 8 (38.10%) Database Programmer
2 8 (38.10%) Programmer
2 8 (38.10%) Sybase Developer
3 7 (33.33%) Analyst
4 4 (19.05%) Data Analyst
5 2 (9.52%) QA Analyst
5 2 (9.52%) Wintel Support
6 1 (4.76%) 3rd Line Support
6 1 (4.76%) Analyst Developer
6 1 (4.76%) Business Analyst
6 1 (4.76%) Consultant
6 1 (4.76%) ETL Developer
6 1 (4.76%) Project Analyst
6 1 (4.76%) QA Test Analyst
6 1 (4.76%) Senior Analyst
6 1 (4.76%) Senior QA Analyst
6 1 (4.76%) SQL Developer
6 1 (4.76%) Test Analyst
Libraries, Frameworks & Software Standards
1 2 (9.52%) XML
2 1 (4.76%) SOAP
2 1 (4.76%) Web Services
2 1 (4.76%) WSDL
Miscellaneous
1 11 (52.38%) Derivative
1 11 (52.38%) Equities
2 10 (47.62%) Fixed Income
3 8 (38.10%) Enterprise Software
3 8 (38.10%) Equity Derivative
3 8 (38.10%) Foreign Exchange (FX)
4 2 (9.52%) Analytical Skills
4 2 (9.52%) HP Storage
5 1 (4.76%) Market Risk
5 1 (4.76%) Reference Data
Operating Systems
1 8 (38.10%) Unix
2 2 (9.52%) Windows
2 2 (9.52%) Windows Server
2 2 (9.52%) Windows Server 2012
Processes & Methodologies
1 8 (38.10%) Analytics
1 8 (38.10%) Configuration Management
1 8 (38.10%) Issue Tracking
1 8 (38.10%) Migration
2 7 (33.33%) Investment Management
3 4 (19.05%) Asset Management
3 4 (19.05%) Data Management
4 2 (9.52%) Agile Software Development
4 2 (9.52%) Data Analysis
4 2 (9.52%) Disaster Recovery
4 2 (9.52%) Fault Analysis
4 2 (9.52%) Fund Management
4 2 (9.52%) Non-Functional Testing
4 2 (9.52%) SDLC
4 2 (9.52%) Stakeholder Management
4 2 (9.52%) Test Scripting
4 2 (9.52%) User Acceptance Testing
5 1 (4.76%) Defect Tracking
5 1 (4.76%) Fund Accounting
5 1 (4.76%) Workflow Analysis
Programming Languages
1 14 (66.67%) SQL
2 9 (42.86%) T-SQL
3 8 (38.10%) C#
3 8 (38.10%) Perl
4 1 (4.76%) VB
4 1 (4.76%) VBA
Qualifications
1 10 (47.62%) Degree
2 1 (4.76%) ISEB
2 1 (4.76%) ISTQB
Quality Assurance & Compliance
1 2 (9.52%) QA
1 2 (9.52%) Solvency II
2 1 (4.76%) Data Quality
System Software
1 2 (9.52%) Active Directory
1 2 (9.52%) VMware Infrastructure
Systems Management
1 2 (9.52%) HP Quality Center
2 1 (4.76%) Control-M
Vendors
1 10 (47.62%) Reuters
2 9 (42.86%) Sybase
3 8 (38.10%) DataSynapse
4 3 (14.29%) Bloomberg
4 3 (14.29%) HP
5 2 (9.52%) VMware
6 1 (4.76%) Charles River
6 1 (4.76%) Oracle
6 1 (4.76%) SmartCo