The table below looks at the statistics for RMDS skills in IT contracts advertised for the City of London region. Included is a guide to the contractor rates offered in IT contracts that have cited RMDS over the 3 months to 26 May 2016 with a comparison to the same period over 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.

3 months to
26 May 2016
Same period 2015 Same period 2014
Reuters Market Data System (RMDS)
Rank 160 189 192
Rank change year-on-year
+29 +3
Contract jobs citing RMDS 1 12 22
As % of all contract IT jobs located in the City of London 0.030% 0.22% 0.37%
As % of the Business Applications category 0.46% 2.37% 4.93%
Number of daily rates quoted 1 10 20
Median daily rate £800 £581 £625
Median daily rate % change year-on-year
+37.63% -7.00%
UK excluding London median daily rate - £500 -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
RMDS
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
218 507 446
As % of all contract IT jobs located in the City of London 6.54% 9.33% 7.46%
Number of daily rates quoted 160 354 323
Median daily rate £463 £500 £475
Median daily rate % change year-on-year
-7.50% +5.26%
90% offered a daily rate of more than £350 £350 £325
10% offered a daily rate of more than £638 £628 £650
UK excluding London median daily rate £425 £425 £400
% change year-on-year
- +6.25%
Number of hourly rates quoted 4 1 3
Median hourly rate £21.38 £21.30 £50.00
Median hourly rate % change year-on-year
+0.35% -57.40%
90% offered a hourly rate of more than £16.75 £21.30 £31.50
10% offered a hourly rate of more than £26.00 £21.30 £56.25
UK excluding London median hourly rate £33.75 £22.50 £37.49
% change year-on-year
+50.00% -39.98%

RMDS
Jobs Demand Trend in the City of London

The demand trend of contract jobs across the City of London region citing RMDS as a proportion of all IT contracts with a match in the Business Applications category.

RMDS Jobs Demand Trend in the City of London

RMDS
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 RMDS across the City of London region.

RMDS Daily Rate Trend in the City of London

RMDS
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 RMDS across the City of London region.

RMDS Hourly Rate Trend in the City of London

RMDS
Top 30 Related IT Skills in the City of London

For the 6 months to 26 May 2016, IT contractor jobs citing RMDS also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the City of London region with a requirement for RMDS.

1 5 (100.00%) Banking
2 4 (80.00%) Agile Software Development
2 4 (80.00%) Investment Banking
3 3 (60.00%) TDD
3 3 (60.00%) ION Trading
3 3 (60.00%) ION MarketView
3 3 (60.00%) Multithreading
3 3 (60.00%) Electronic Trading
3 3 (60.00%) Low Latency
3 3 (60.00%) Concurrent Programming
3 3 (60.00%) Java
3 3 (60.00%) Fixed Income
4 2 (40.00%) Windows
5 1 (20.00%) Solaris
5 1 (20.00%) Linux
5 1 (20.00%) Apache
5 1 (20.00%) Tomcat
5 1 (20.00%) Python
5 1 (20.00%) LAN
5 1 (20.00%) WAN
5 1 (20.00%) HTTP
5 1 (20.00%) NFS
5 1 (20.00%) Cisco
5 1 (20.00%) IBM
5 1 (20.00%) Oracle HTTP Server
5 1 (20.00%) EMC
5 1 (20.00%) Intel
5 1 (20.00%) SAN
5 1 (20.00%) NetApp
5 1 (20.00%) TIBCO

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

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 1 (20.00%) Apache
1 1 (20.00%) IIS
1 1 (20.00%) Oracle Coherence
1 1 (20.00%) Oracle HTTP Server
1 1 (20.00%) Tomcat
1 1 (20.00%) WebSphere
Business Applications
1 3 (60.00%) ION MarketView
Cloud Services
1 1 (20.00%) IaaS
1 1 (20.00%) PaaS
Communications & Networking
1 1 (20.00%) FCoE
1 1 (20.00%) Fibre Channel
1 1 (20.00%) HTTP
1 1 (20.00%) iSCSI
1 1 (20.00%) LAN
1 1 (20.00%) Multicast
1 1 (20.00%) NAS
1 1 (20.00%) SAN
1 1 (20.00%) WAN
Database & Business Intelligence
1 1 (20.00%) Hadoop
1 1 (20.00%) HBase
1 1 (20.00%) SQL Server
General
1 5 (100.00%) Banking
2 4 (80.00%) Investment Banking
3 1 (20.00%) Front Office
Job Titles
1 3 (60.00%) Developer
1 3 (60.00%) Java Developer
1 3 (60.00%) Senior Developer
1 3 (60.00%) Senior Java Developer
2 1 (20.00%) Architect
2 1 (20.00%) Infrastructure Engineer
2 1 (20.00%) Senior Architect
Libraries, Frameworks & Software Standards
1 1 (20.00%) FIX Protocol
1 1 (20.00%) Middleware
1 1 (20.00%) Rendezvous
1 1 (20.00%) Ultra Messaging
Miscellaneous
1 3 (60.00%) Fixed Income
2 1 (20.00%) Data Centre
Operating Systems
1 2 (40.00%) Windows
2 1 (20.00%) Linux
2 1 (20.00%) Solaris
2 1 (20.00%) Unix
Processes & Methodologies
1 4 (80.00%) Agile Software Development
2 3 (60.00%) Concurrent Programming
2 3 (60.00%) Electronic Trading
2 3 (60.00%) Low Latency
2 3 (60.00%) Multithreading
2 3 (60.00%) TDD
3 1 (20.00%) Benchmarking
3 1 (20.00%) Performance Tuning
Programming Languages
1 3 (60.00%) Java
2 1 (20.00%) Bash Shell
2 1 (20.00%) Perl
2 1 (20.00%) Python
2 1 (20.00%) SQL
System Software
1 1 (20.00%) Hyper-V
1 1 (20.00%) KVM
1 1 (20.00%) NFS
1 1 (20.00%) Oracle RAC
1 1 (20.00%) SRDF
1 1 (20.00%) VMware Infrastructure
1 1 (20.00%) Xen
Vendors
1 3 (60.00%) ION Trading
2 1 (20.00%) Cisco
2 1 (20.00%) DataSynapse
2 1 (20.00%) EMC
2 1 (20.00%) IBM
2 1 (20.00%) Intel
2 1 (20.00%) NetApp
2 1 (20.00%) Oracle
2 1 (20.00%) Sybase
2 1 (20.00%) TIBCO
2 1 (20.00%) VMware