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 average contractor rates offered in IT contracts that have cited RMDS over the 3 months to 2 October 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.

Location
3 months to
2 Oct 2014
Same period 2013 Same period 2012
Reuters Market Data System (RMDS)
Rank 189 198 190
Rank change year-on-year
+9 -8
Contract jobs citing RMDS 13 23 31
As % of all contract IT jobs located in the City of London 0.22% 0.32% 0.41%
As % of the Business Applications category 2.43% 3.90% 4.75%
Number of daily rates quoted 13 21 21
Average daily rate
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£615 £625 £450
Average daily rate % change year-on-year
-1.60% +38.88%
90% offered a daily rate of more than £563 £600 £280
10% offered a daily rate of more than £648 £700 £550
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average 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
536 590 652
As % of all contract IT jobs located in the City of London 9.06% 8.27% 8.62%
Number of daily rates quoted 401 397 484
Average daily rate £475 £470 £500
Average daily rate % change year-on-year
+1.06% -6.00%
90% offered a daily rate of more than £350 £325 £369
10% offered a daily rate of more than £600 £625 £600
UK excluding London average daily rate £425 £400 £440
% change year-on-year
+6.25% -9.09%
Number of hourly rates quoted 4 5 3
Average hourly rate £30.82 £14.75 £36.50
Average hourly rate % change year-on-year
+108.94% -59.58%
90% offered a hourly rate of more than £14.48 £14.50 £24.50
10% offered a hourly rate of more than £32.82 £18.50 £57.76
UK excluding London average hourly rate £31.50 £20.43 £32.50
% change year-on-year
+54.16% -37.13%

RMDS
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of IT contractor jobs citing RMDS across the City of London region as a proportion of the total demand within 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 2 October 2014, IT contractor jobs across the City of London region citing RMDS 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 RMDS.

1 30 (100.00%) Java
2 19 (63.33%) Agile Software Development
3 15 (50.00%) Front Office
3 15 (50.00%) SQL
3 15 (50.00%) Oracle
3 15 (50.00%) Foreign Exchange (FX)
4 14 (46.67%) TIBCO
4 14 (46.67%) 29West
5 13 (43.33%) Rendezvous
5 13 (43.33%) Linux
6 12 (40.00%) Fixed Income
6 12 (40.00%) ION Trading
6 12 (40.00%) Low Latency
7 11 (36.67%) ION MarketView
7 11 (36.67%) TDD
8 10 (33.33%) Solaris
9 9 (30.00%) Oracle Coherence
9 9 (30.00%) BDD
10 8 (26.67%) Automated Testing
10 8 (26.67%) Continuous Integration
10 8 (26.67%) Multithreading
10 8 (26.67%) E-Commerce
10 8 (26.67%) HTML
10 8 (26.67%) Banking
11 7 (23.33%) Finance
12 6 (20.00%) Investment Banking
13 5 (16.67%) Fat Client
13 5 (16.67%) JavaFX
13 5 (16.67%) RESTful
13 5 (16.67%) HTML5

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

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

Application Platforms
1 9 (30.00%) Oracle Coherence
2 3 (10.00%) WebSphere
2 3 (10.00%) IIS
2 3 (10.00%) Tomcat
2 3 (10.00%) Apache
2 3 (10.00%) Oracle HTTP Server
3 1 (3.33%) TIBCO EMS
3 1 (3.33%) Confluence
Business Applications
1 11 (36.67%) ION MarketView
Communications & Networking
1 3 (10.00%) Multicast
1 3 (10.00%) FCoE
1 3 (10.00%) Fibre Channel
1 3 (10.00%) NAS
1 3 (10.00%) LAN
1 3 (10.00%) WAN
1 3 (10.00%) HTTP
1 3 (10.00%) SAN
2 2 (6.67%) iSCSI
Database & Business Intelligence
1 4 (13.33%) SQL Server
1 4 (13.33%) Relational Database
2 3 (10.00%) HBase
2 3 (10.00%) Hadoop
Development Applications
1 1 (3.33%) JIRA
1 1 (3.33%) TeamCity
1 1 (3.33%) Git (software)
1 1 (3.33%) JUnit
General
1 15 (50.00%) Front Office
2 8 (26.67%) Banking
3 7 (23.33%) Finance
4 6 (20.00%) Investment Banking
5 1 (3.33%) Back Office
5 1 (3.33%) Advertising
Job Titles
1 15 (50.00%) Java Developer
1 15 (50.00%) Developer
2 5 (16.67%) Senior Java Developer
2 5 (16.67%) Senior Developer
3 4 (13.33%) Development Manager
3 4 (13.33%) Java Swing Developer
4 3 (10.00%) Architect
4 3 (10.00%) Infrastructure Architect
5 2 (6.67%) Technical Team Leader
5 2 (6.67%) Java Team Leader
5 2 (6.67%) Team Leader
5 2 (6.67%) Solutions Architect
5 2 (6.67%) Infrastructure Solutions Architect
6 1 (3.33%) GUI Developer
6 1 (3.33%) Lead Architect
6 1 (3.33%) Head of Development
6 1 (3.33%) Software Engineer
6 1 (3.33%) Programmer
6 1 (3.33%) Technical Specialist
6 1 (3.33%) Senior Software Engineer
Libraries, Frameworks & Software Standards
1 13 (43.33%) Rendezvous
2 8 (26.67%) HTML
3 5 (16.67%) JavaFX
3 5 (16.67%) RESTful
3 5 (16.67%) HTML5
3 5 (16.67%) CSS
3 5 (16.67%) Web Services
3 5 (16.67%) Swing
4 3 (10.00%) FIX Protocol
4 3 (10.00%) Middleware
4 3 (10.00%) XML
4 3 (10.00%) XSLT
5 2 (6.67%) JMS
6 1 (3.33%) Spring
Miscellaneous
1 15 (50.00%) Foreign Exchange (FX)
2 12 (40.00%) Fixed Income
3 5 (16.67%) Fat Client
3 5 (16.67%) Thin Client
4 1 (3.33%) Derivative
4 1 (3.33%) Equity Derivative
4 1 (3.33%) Computer Science
Operating Systems
1 13 (43.33%) Linux
2 10 (33.33%) Solaris
3 5 (16.67%) UNIX
4 4 (13.33%) Windows
Processes & Methodologies
1 19 (63.33%) Agile Software Development
2 12 (40.00%) Low Latency
3 11 (36.67%) TDD
4 9 (30.00%) BDD
5 8 (26.67%) Automated Testing
5 8 (26.67%) Continuous Integration
5 8 (26.67%) Multithreading
5 8 (26.67%) E-Commerce
6 4 (13.33%) Knowledge Management
7 3 (10.00%) Performance Tuning
7 3 (10.00%) Software Engineering
7 3 (10.00%) Risk Management
7 3 (10.00%) Benchmarking
8 2 (6.67%) Algorithmic Trading
9 1 (3.33%) DevOps
9 1 (3.33%) Straight-Through Processing
9 1 (3.33%) Integration Testing
9 1 (3.33%) Electronic Trading
9 1 (3.33%) Process Management
9 1 (3.33%) Change Management
Programming Languages
1 30 (100.00%) Java
2 15 (50.00%) SQL
3 2 (6.67%) JavaScript
System Software
1 3 (10.00%) Oracle RAC
1 3 (10.00%) SRDF
1 3 (10.00%) NFS
2 2 (6.67%) Hyper-V
2 2 (6.67%) VMware Infrastructure
2 2 (6.67%) Xen
2 2 (6.67%) KVM
Vendors
1 15 (50.00%) Oracle
2 14 (46.67%) TIBCO
2 14 (46.67%) 29West
3 12 (40.00%) ION Trading
4 4 (13.33%) Sybase
5 3 (10.00%) DataSynapse
5 3 (10.00%) Reuters
5 3 (10.00%) Cisco
5 3 (10.00%) IBM
5 3 (10.00%) EMC
5 3 (10.00%) Intel
5 3 (10.00%) NetApp
6 2 (6.67%) VMware
7 1 (3.33%) MarketAxess
7 1 (3.33%) Bloomberg
City of London
Hays IT - Uk Posting account
Rate: £550.00 - £680.00 per day
Posted: 9 days ago