The table below looks at the statistics for Tesseract 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 Tesseract over the 3 months to 4 March 2015 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
4 Mar 2015
Same period 2014 Same period 2013
Fidessa LatentZero Tesseract
Rank 183 196 187
Rank change year-on-year
+13 -9
Contract jobs citing Tesseract 3 4 6
As % of all contract IT jobs located in the City of London 0.059% 0.069% 0.10%
As % of the Business Applications category 0.71% 0.88% 1.28%
Number of daily rates quoted 3 0 6
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£700 - £538
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Tesseract
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
422 454 468
As % of all contract IT jobs located in the City of London 8.28% 7.78% 8.07%
Number of daily rates quoted 303 306 334
Average daily rate £500 £445 £475
Average daily rate % change year-on-year
+12.35% -6.31%
90% offered a daily rate of more than £320 £315 £350
10% offered a daily rate of more than £683 £625 £600
UK excluding London average daily rate £425 £413 £411
% change year-on-year
+3.03% +0.30%
Number of hourly rates quoted 2 4 1
Average hourly rate £31.25 £27.56 £49.00
Average hourly rate % change year-on-year
+13.38% -43.75%
UK excluding London average hourly rate £18.00 £26.00 £37.80
% change year-on-year
-30.76% -31.21%

Tesseract
Jobs Demand Trend in the City of London

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

Tesseract Jobs Demand Trend in the City of London

Tesseract
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 Tesseract across the City of London region.

Tesseract Daily Rate Trend in the City of London

Tesseract
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Tesseract across the City of London region over the 3 months to 4 March 2015.

Tesseract Daily Rate Histogram in the City of London

Tesseract
Top 28 Related IT Skills in the City of London

For the 6 months to 4 March 2015, IT contractor jobs across the City of London region citing Tesseract 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 Tesseract.

1 4 (100.00%) Front Office
1 4 (100.00%) Minerva
1 4 (100.00%) Sentinel
1 4 (100.00%) thinkFolio
2 3 (75.00%) User Acceptance Testing
2 3 (75.00%) Agile Software Development
2 3 (75.00%) LatentZero
2 3 (75.00%) Derivative
2 3 (75.00%) SQL
3 2 (50.00%) Foreign Exchange (FX)
3 2 (50.00%) Bloomberg
3 2 (50.00%) Change Management
3 2 (50.00%) Finance
3 2 (50.00%) Asset Management
3 2 (50.00%) Investment Management
3 2 (50.00%) Portfolio Management
4 1 (25.00%) Markit EDM
4 1 (25.00%) Credit Derivative
4 1 (25.00%) Fund Management
4 1 (25.00%) Fixed Income
4 1 (25.00%) Global One
4 1 (25.00%) Information Security
4 1 (25.00%) Management Information System
4 1 (25.00%) Charles River
4 1 (25.00%) Control-M
4 1 (25.00%) XML
4 1 (25.00%) OO
4 1 (25.00%) Fidessa

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

For the 6 months to 4 March 2015, IT contractor jobs across the City of London region citing Tesseract 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 Tesseract. Up to 20 skills are shown per category.

Business Applications
1 4 (100.00%) Minerva
1 4 (100.00%) Sentinel
1 4 (100.00%) thinkFolio
2 3 (75.00%) LatentZero
3 1 (25.00%) Markit EDM
3 1 (25.00%) Global One
General
1 4 (100.00%) Front Office
2 2 (50.00%) Finance
Job Titles
1 3 (75.00%) Business Analyst
1 3 (75.00%) Analyst
2 1 (25.00%) Applications Support
Libraries, Frameworks & Software Standards
1 1 (25.00%) XML
Miscellaneous
1 3 (75.00%) Derivative
2 2 (50.00%) Foreign Exchange (FX)
3 1 (25.00%) Credit Derivative
3 1 (25.00%) Fixed Income
3 1 (25.00%) Management Information System
Processes & Methodologies
1 3 (75.00%) User Acceptance Testing
1 3 (75.00%) Agile Software Development
2 2 (50.00%) Change Management
2 2 (50.00%) Asset Management
2 2 (50.00%) Investment Management
2 2 (50.00%) Portfolio Management
3 1 (25.00%) Fund Management
3 1 (25.00%) Information Security
3 1 (25.00%) OO
Programming Languages
1 3 (75.00%) SQL
Systems Management
1 1 (25.00%) Control-M
Vendors
1 2 (50.00%) Bloomberg
2 1 (25.00%) Charles River
2 1 (25.00%) Fidessa