The table below looks at the statistics for knowledge and experience of RIMES 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 RIMES over the 3 months to 2 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 the RIMES Technologies Corporation.

Location
3 months to
2 Sep 2014
Same period 2013 Same period 2012
RIMES
Rank 194 230 -
Rank change year-on-year
+36 -
Contract jobs citing RIMES 2 1 0
As % of all contract IT jobs located in the City of London 0.034% 0.014% -
As % of the Vendors category 0.074% 0.029% -
Number of daily rates quoted 2 0 0
Average daily rate
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of your Daily Rate
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£450 - -
UK excluding London average daily rate - £400 -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
RIMES
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
2700 3402 3371
As % of all contract IT jobs located in the City of London 45.82% 46.22% 43.21%
Number of daily rates quoted 1897 2360 2296
Average daily rate £425 £425 £425
90% offered a daily rate of more than £250 £250 £265
10% offered a daily rate of more than £590 £600 £600
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 56 95 98
Average hourly rate £20.00 £22.00 £19.50
Average hourly rate % change year-on-year
-9.09% +12.82%
90% offered a hourly rate of more than £13.49 £13.97 £13.40
10% offered a hourly rate of more than £34.50 £59.00 £41.20
UK excluding London average hourly rate £19.00 £19.48 £19.00
% change year-on-year
-2.46% +2.52%

RIMES
Jobs Demand Trend in the City of London

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

RIMES Jobs Demand Trend in the City of London

RIMES
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 RIMES across the City of London region.

RIMES Daily Rate Trend in the City of London

RIMES
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing RIMES across the City of London region over the 3 months to 2 September 2014.

RIMES Daily Rate Histogram in the City of London

RIMES
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 RIMES across the City of London region.

RIMES Hourly Rate Trend in the City of London

RIMES
Top 16 Related IT Skills in the City of London

For the 6 months to 2 September 2014, IT contractor jobs across the City of London region citing RIMES 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 RIMES.

1 5 (100.00%) Bloomberg
1 5 (100.00%) Charles River
1 5 (100.00%) Asset Management
1 5 (100.00%) Markit EDM
2 4 (80.00%) Reference Data
2 4 (80.00%) Service Delivery
3 3 (60.00%) Banking
4 2 (40.00%) Investment Management
5 1 (20.00%) LatentZero
5 1 (20.00%) SimCorp
5 1 (20.00%) SimCorp Dimension
5 1 (20.00%) thinkFolio
5 1 (20.00%) Front Office
5 1 (20.00%) Back Office
5 1 (20.00%) Fidessa
5 1 (20.00%) Reuters

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

For the 6 months to 2 September 2014, IT contractor jobs across the City of London region citing RIMES 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 RIMES. Up to 20 skills are shown per category.

Business Applications
1 5 (100.00%) Markit EDM
2 1 (20.00%) LatentZero
2 1 (20.00%) SimCorp Dimension
General
1 3 (60.00%) Banking
2 1 (20.00%) Front Office
2 1 (20.00%) Back Office
Job Titles
1 5 (100.00%) Analyst
2 4 (80.00%) Data Analyst
3 1 (20.00%) Applications Support Analyst
3 1 (20.00%) Support Analyst
3 1 (20.00%) Applications Support
Miscellaneous
1 4 (80.00%) Reference Data
Processes & Methodologies
1 5 (100.00%) Asset Management
2 4 (80.00%) Service Delivery
3 2 (40.00%) Investment Management
Vendors
1 5 (100.00%) Bloomberg
1 5 (100.00%) Charles River
2 1 (20.00%) SimCorp
2 1 (20.00%) thinkFolio
2 1 (20.00%) Fidessa
2 1 (20.00%) Reuters
City of London
Deerfoot IT
Rate: £300 - £400 per day + 12 months
Posted: 21 days ago