The table below looks at the statistics for Sentinel 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 Sentinel over the 3 months to 1 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.

Location
3 months to
1 Sep 2014
Same period 2013 Same period 2012
Fidessa LatentZero Sentinel
Rank 202 217 219
Rank change year-on-year
+15 +2
Contract jobs citing Sentinel 3 5 1
As % of all contract IT jobs located in the City of London 0.051% 0.068% 0.013%
As % of the Business Applications category 0.57% 0.80% 0.15%
Number of daily rates quoted 3 4 1
Average daily rate
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£500 £463 £525
Average daily rate % change year-on-year
+8.10% -11.90%
UK excluding London average daily rate - £550 £475
% change year-on-year
- +15.78%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Sentinel
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
526 627 677
As % of all contract IT jobs located in the City of London 8.89% 8.54% 8.66%
Number of daily rates quoted 369 429 499
Average daily rate £475 £450 £500
Average daily rate % change year-on-year
+5.55% -10.00%
90% offered a daily rate of more than £335 £325 £350
10% offered a daily rate of more than £575 £625 £625
UK excluding London average daily rate £425 £400 £438
% change year-on-year
+6.25% -8.57%
Number of hourly rates quoted 5 6 5
Average hourly rate £31.43 £15.00 £48.00
Average hourly rate % change year-on-year
+109.50% -68.75%
90% offered a hourly rate of more than £14.89 £14.50 £41.05
10% offered a hourly rate of more than £32.82 £17.35 £52.21
UK excluding London average hourly rate £31.50 £17.69 £22.66
% change year-on-year
+78.06% -21.91%

Sentinel
Jobs Demand Trend in the City of London

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

Sentinel Jobs Demand Trend in the City of London

Sentinel
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 Sentinel across the City of London region.

Sentinel Daily Rate Trend in the City of London

Sentinel
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 Sentinel across the City of London region.

Sentinel Hourly Rate Trend in the City of London

Sentinel
Top 18 Related IT Skills in the City of London

For the 6 months to 1 September 2014, IT contractor jobs across the City of London region citing Sentinel 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 Sentinel.

1 6 (75.00%) LatentZero
1 6 (75.00%) Minerva
2 4 (50.00%) Investment Management
2 4 (50.00%) Tesseract
3 3 (37.50%) Portfolio Management
3 3 (37.50%) Asset Management
4 2 (25.00%) Stakeholder Engagement
4 2 (25.00%) Finance
4 2 (25.00%) Charles River
4 2 (25.00%) Banking
5 1 (12.50%) Capstone
5 1 (12.50%) Front Office
5 1 (12.50%) SQL
5 1 (12.50%) Fidessa
5 1 (12.50%) Reuters
5 1 (12.50%) Bloomberg
5 1 (12.50%) Derivative
5 1 (12.50%) thinkFolio

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

For the 6 months to 1 September 2014, IT contractor jobs across the City of London region citing Sentinel 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 Sentinel. Up to 20 skills are shown per category.

Business Applications
1 6 (75.00%) LatentZero
1 6 (75.00%) Minerva
2 4 (50.00%) Tesseract
3 1 (12.50%) Capstone
General
1 2 (25.00%) Finance
1 2 (25.00%) Banking
2 1 (12.50%) Front Office
Job Titles
1 8 (100.00%) Analyst
2 4 (50.00%) Test Analyst
2 4 (50.00%) Business Analyst
3 1 (12.50%) Tester
3 1 (12.50%) Systems Analyst
3 1 (12.50%) Systems Test Analyst
3 1 (12.50%) Compliance Analyst
Miscellaneous
1 1 (12.50%) Derivative
Processes & Methodologies
1 4 (50.00%) Investment Management
2 3 (37.50%) Asset Management
2 3 (37.50%) Portfolio Management
3 2 (25.00%) Stakeholder Engagement
Programming Languages
1 1 (12.50%) SQL
Vendors
1 2 (25.00%) Charles River
2 1 (12.50%) thinkFolio
2 1 (12.50%) Fidessa
2 1 (12.50%) Reuters
2 1 (12.50%) Bloomberg