The table below looks at the statistics for knowledge and experience of OpenLink products and/or services 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 OpenLink over the 3 months to 17 September 2014 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.

The figures below represent the IT contractor job market in general and are NOT representative of contractor rates within OpenLink Financial, Inc.

Location
3 months to
17 Sep 2014
Same period 2013 Same period 2012
OpenLink
Rank 197 209 208
Rank change year-on-year
+12 -1
Contract jobs citing OpenLink 4 15 20
As % of all contract IT jobs located in the City of London 0.069% 0.21% 0.25%
As % of the Vendors category 0.15% 0.45% 0.58%
Number of daily rates quoted 4 6 10
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£525 £638 £625
Average daily rate % change year-on-year
-17.64% +2.00%
90% offered a daily rate of more than £450 £375 £437
10% offered a daily rate of more than £635 £700 £730
UK excluding London average daily rate £450 £750 £550
% change year-on-year
-40.00% +36.36%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
OpenLink
London

The following table is for comparison with the above and provides statistics for the entire Vendors category in contract jobs advertised in the City of London region.

Vendors Category
City of London
Contract IT job ads with a match in the
Vendors category
2685 3306 3444
As % of all contract IT jobs located in the City of London 46.29% 46.22% 43.54%
Number of daily rates quoted 1910 2282 2333
Average daily rate £425 £425 £430
Average daily rate % change year-on-year
- -1.16%
90% offered a daily rate of more than £250 £250 £260
10% offered a daily rate of more than £575 £600 £600
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 57 96 102
Average hourly rate £20.00 £20.00 £18.75
Average hourly rate % change year-on-year
- +6.66%
90% offered a hourly rate of more than £12.80 £11.50 £12.70
10% offered a hourly rate of more than £32.82 £49.32 £41.60
UK excluding London average hourly rate £18.00 £19.00 £18.50
% change year-on-year
-5.26% +2.70%

OpenLink
Jobs Demand Trend in the City of London

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

OpenLink Jobs Demand Trend in the City of London

OpenLink
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 OpenLink across the City of London region.

OpenLink Daily Rate Trend in the City of London

OpenLink
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing OpenLink across the City of London region over the 3 months to 17 September 2014.

OpenLink Daily Rate Histogram in the City of London

OpenLink
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 OpenLink across the City of London region.

OpenLink Hourly Rate Trend in the City of London

OpenLink
Top 30 Related IT Skills in the City of London

For the 6 months to 17 September 2014, IT contractor jobs across the City of London region citing OpenLink 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 OpenLink.

1 6 (60.00%) Endur
2 4 (40.00%) ETRM
2 4 (40.00%) Front Office
3 2 (20.00%) Aligne
3 2 (20.00%) EMIR
3 2 (20.00%) Findur
3 2 (20.00%) SunGard
3 2 (20.00%) C#
3 2 (20.00%) Risk Management
4 1 (10.00%) Workflow
4 1 (10.00%) Finance
4 1 (10.00%) Agile Software Development
4 1 (10.00%) QA
4 1 (10.00%) Selenium
4 1 (10.00%) FitNesse
4 1 (10.00%) Credit Risk
4 1 (10.00%) Use Case
4 1 (10.00%) Investment Management
4 1 (10.00%) Data Extraction
4 1 (10.00%) SC Cleared
4 1 (10.00%) Security Cleared
4 1 (10.00%) Java
4 1 (10.00%) SQL
4 1 (10.00%) .NET
4 1 (10.00%) Visual Studio
4 1 (10.00%) PRINCE2
4 1 (10.00%) Microsoft
4 1 (10.00%) PRINCE2 Certification
4 1 (10.00%) Project Management
4 1 (10.00%) Team Foundation Server

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

For the 6 months to 17 September 2014, IT contractor jobs across the City of London region citing OpenLink 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 OpenLink. Up to 20 skills are shown per category.

Business Applications
1 6 (60.00%) Endur
2 2 (20.00%) Aligne
2 2 (20.00%) Findur
Development Applications
1 1 (10.00%) Selenium
1 1 (10.00%) FitNesse
1 1 (10.00%) Visual Studio
1 1 (10.00%) Team Foundation Server
1 1 (10.00%) SpecFlow
General
1 4 (40.00%) Front Office
2 1 (10.00%) Finance
Job Titles
1 3 (30.00%) Developer
1 3 (30.00%) Analyst
1 3 (30.00%) Project Manager
2 2 (20.00%) Business Analyst
3 1 (10.00%) Senior Analyst
3 1 (10.00%) Senior Test Analyst
3 1 (10.00%) Credit Analyst
3 1 (10.00%) Credit Risk Business Analyst
3 1 (10.00%) Risk Analyst
3 1 (10.00%) Credit Risk Analyst
3 1 (10.00%) Test Analyst
3 1 (10.00%) Senior Developer
3 1 (10.00%) Agile Test Analyst
3 1 (10.00%) Tester
Libraries, Frameworks & Software Standards
1 1 (10.00%) .NET
Miscellaneous
1 1 (10.00%) Credit Risk
1 1 (10.00%) Data Extraction
Processes & Methodologies
1 4 (40.00%) ETRM
2 2 (20.00%) Risk Management
3 1 (10.00%) Workflow
3 1 (10.00%) Agile Software Development
3 1 (10.00%) Use Case
3 1 (10.00%) Investment Management
3 1 (10.00%) PRINCE2
3 1 (10.00%) Project Management
3 1 (10.00%) Cash Management
Programming Languages
1 2 (20.00%) C#
2 1 (10.00%) Java
2 1 (10.00%) SQL
Qualifications
1 1 (10.00%) SC Cleared
1 1 (10.00%) Security Cleared
1 1 (10.00%) PRINCE2 Certification
Quality Assurance & Compliance
1 2 (20.00%) EMIR
2 1 (10.00%) QA
Vendors
1 2 (20.00%) SunGard
2 1 (10.00%) Microsoft
2 1 (10.00%) Trayport
City of London
Real Staffing
Rate: £400 - £500 per day + competitive
Posted: 27 days ago