The first table below looks at the demand 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 April 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all Vendors 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.

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 Apr 2014
Same period 2013 Same period 2012
OpenLink
Rank 205 184 191
Rank change year-on-year
-21 +7
Contract jobs citing OpenLink 5 16 32
As % of all contract IT jobs located in the City of London 0.077% 0.26% 0.40%
As % of the Vendors category 0.17% 0.58% 0.97%
Number of daily rates quoted 5 4 27
Average daily rate £550 £663 £625
Average daily rate % change year-on-year
-16.98% +6.00%
90% offered a daily rate of more than £455 £615 £500
10% offered a daily rate of more than £625 £675 £700
UK excluding London average daily rate £650 £775 £638
% change year-on-year
-16.12% +21.56%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Vendors Category
City of London
Contract IT job ads with a match in the
Vendors category
2858 2778 3308
As % of all contract IT jobs located in the City of London 44.21% 44.73% 40.91%
Number of daily rates quoted 2009 1958 2224
Average daily rate £425 £438 £425
Average daily rate % change year-on-year
-2.85% +2.94%
90% offered a daily rate of more than £240 £265 £280
10% offered a daily rate of more than £625 £600 £600
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 52 75 97
Average hourly rate £21.00 £22.00 £20.00
Average hourly rate % change year-on-year
-4.54% +10.00%
90% offered a hourly rate of more than £13.26 £12.65 £12.50
10% offered a hourly rate of more than £33.18 £135.00 £40.40
UK excluding London average hourly rate £17.50 £19.00 £20.00
% change year-on-year
-7.89% -5.00%
OpenLink
London

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 April 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 April 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 8 (72.73%) Endur
2 3 (27.27%) ETRM
2 3 (27.27%) Findur
2 3 (27.27%) Finance
3 2 (18.18%) SunGard
3 2 (18.18%) C#
3 2 (18.18%) .NET
3 2 (18.18%) Aligne
3 2 (18.18%) Change Management
3 2 (18.18%) Front Office
3 2 (18.18%) Risk Management
4 1 (9.09%) Workflow
4 1 (9.09%) Relational Database
4 1 (9.09%) EMIR
4 1 (9.09%) Oracle
4 1 (9.09%) SQL Server
4 1 (9.09%) Sybase
4 1 (9.09%) ITIL
4 1 (9.09%) PRINCE2
4 1 (9.09%) Data Modelling
4 1 (9.09%) RDBMS
4 1 (9.09%) Java
4 1 (9.09%) VB
4 1 (9.09%) Project Management
4 1 (9.09%) Banking
4 1 (9.09%) Investment Banking
4 1 (9.09%) Software Engineering
4 1 (9.09%) ZaiNet
4 1 (9.09%) Incident Management
4 1 (9.09%) Marketing

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

For the 6 months to 17 April 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 8 (72.73%) Endur
2 3 (27.27%) Findur
3 2 (18.18%) Aligne
4 1 (9.09%) ZaiNet
Database & Business Intelligence
1 1 (9.09%) SQL Server
1 1 (9.09%) RDBMS
1 1 (9.09%) Relational Database
General
1 3 (27.27%) Finance
2 2 (18.18%) Front Office
3 1 (9.09%) Banking
3 1 (9.09%) Investment Banking
3 1 (9.09%) Marketing
Job Titles
1 5 (45.45%) Analyst
2 3 (27.27%) Developer
3 2 (18.18%) Project Manager
3 2 (18.18%) Business Analyst
3 2 (18.18%) C# Developer
3 2 (18.18%) Technical Analyst
4 1 (9.09%) C# Software Engineer
4 1 (9.09%) Credit Analyst
4 1 (9.09%) Credit Risk Business Analyst
4 1 (9.09%) Risk Analyst
4 1 (9.09%) Credit Risk Analyst
4 1 (9.09%) C# Programmer
4 1 (9.09%) C# .NET Developer
4 1 (9.09%) Software Engineer
4 1 (9.09%) Programmer
4 1 (9.09%) Support Analyst
4 1 (9.09%) Applications Support
Libraries, Frameworks & Software Standards
1 2 (18.18%) .NET
Miscellaneous
1 1 (9.09%) Swaptions
1 1 (9.09%) Credit Risk
1 1 (9.09%) Data Extraction
Processes & Methodologies
1 3 (27.27%) ETRM
2 2 (18.18%) Change Management
2 2 (18.18%) Risk Management
3 1 (9.09%) Workflow
3 1 (9.09%) Software Engineering
3 1 (9.09%) Incident Management
3 1 (9.09%) Problem Management
3 1 (9.09%) Use Case
3 1 (9.09%) Release Management
3 1 (9.09%) ITIL
3 1 (9.09%) PRINCE2
3 1 (9.09%) Data Modelling
3 1 (9.09%) Project Management
Programming Languages
1 2 (18.18%) C#
2 1 (9.09%) Java
2 1 (9.09%) VB
Qualifications
1 1 (9.09%) SC Cleared
1 1 (9.09%) Security Cleared
Quality Assurance & Compliance
1 1 (9.09%) EMIR
Vendors
1 2 (18.18%) SunGard
2 1 (9.09%) Oracle
2 1 (9.09%) Sybase