The first table below looks at the demand 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 18 April 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all of the Business Applications category for the City of London region.

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
18 Apr 2014
Same period 2013 Same period 2012
Fidessa LatentZero Tesseract
Rank 206 183 219
Rank change year-on-year
-23 +36
Contract jobs citing Tesseract 4 14 5
As % of all contract IT jobs located in the City of London 0.062% 0.22% 0.062%
As % of the Business Applications category 0.82% 2.44% 0.89%
Number of daily rates quoted 1 8 3
Average daily rate £550 £538 £450
Average daily rate % change year-on-year
+2.32% +19.44%
UK excluding London average daily rate - £550 -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Business Applications Category
City of London
Contract IT job ads with a match in the
Business Applications category
487 573 564
As % of all contract IT jobs located in the City of London 7.55% 9.19% 6.97%
Number of daily rates quoted 354 402 365
Average daily rate £450 £475 £450
Average daily rate % change year-on-year
-5.26% +5.55%
90% offered a daily rate of more than £310 £350 £313
10% offered a daily rate of more than £625 £600 £650
UK excluding London average daily rate £400 £425 £433
% change year-on-year
-5.88% -1.73%
Number of hourly rates quoted 4 3 5
Average hourly rate £50.00 £12.00 £50.00
Average hourly rate % change year-on-year
+316.66% -76.00%
90% offered a hourly rate of more than £15.25 £11.60 £11.84
10% offered a hourly rate of more than £56.25 £30.75 £56.82
UK excluding London average hourly rate £33.00 £37.80 £20.00
% change year-on-year
-12.69% +89.00%
Tesseract
London

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
Top 25 Related IT Skills in the City of London

For the 6 months to 18 April 2014, 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 14 (100.00%) Minerva
2 12 (85.71%) Fidessa
3 11 (78.57%) Sentinel
4 7 (50.00%) Capstone
4 7 (50.00%) Portfolio Management
5 4 (28.57%) SQL
5 4 (28.57%) LatentZero
5 4 (28.57%) Investment Management
6 3 (21.43%) Fund Management
6 3 (21.43%) thinkFolio
6 3 (21.43%) Front Office
7 2 (14.29%) Charles River
8 1 (7.14%) Banking
8 1 (7.14%) Asset Management
8 1 (7.14%) Investment Banking
8 1 (7.14%) Business Analysis
8 1 (7.14%) Derivative
8 1 (7.14%) SQL Server 2000
8 1 (7.14%) SQL Server
8 1 (7.14%) MS Project
8 1 (7.14%) MS Visio
8 1 (7.14%) Microsoft
8 1 (7.14%) Finance
8 1 (7.14%) Fixed Income
8 1 (7.14%) Equities

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

For the 6 months to 18 April 2014, 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.

Applications
1 1 (7.14%) MS Project
1 1 (7.14%) MS Visio
Business Applications
1 14 (100.00%) Minerva
2 11 (78.57%) Sentinel
3 7 (50.00%) Capstone
4 4 (28.57%) LatentZero
Database & Business Intelligence
1 1 (7.14%) SQL Server 2000
1 1 (7.14%) SQL Server
General
1 3 (21.43%) Front Office
2 1 (7.14%) Banking
2 1 (7.14%) Investment Banking
2 1 (7.14%) Finance
Job Titles
1 14 (100.00%) Analyst
2 8 (57.14%) Test Analyst
3 7 (50.00%) Systems Analyst
3 7 (50.00%) Systems Test Analyst
4 6 (42.86%) Support Analyst
5 3 (21.43%) Fidessa Test Analyst
5 3 (21.43%) Fidessa Analyst
6 2 (14.29%) Applications Support
6 2 (14.29%) Business Analyst
6 2 (14.29%) Functional Analyst
6 2 (14.29%) Applications Support Analyst
6 2 (14.29%) Business Support Analyst
Miscellaneous
1 1 (7.14%) Derivative
1 1 (7.14%) Fixed Income
1 1 (7.14%) Equities
Processes & Methodologies
1 7 (50.00%) Portfolio Management
2 4 (28.57%) Investment Management
3 3 (21.43%) Fund Management
4 1 (7.14%) Asset Management
4 1 (7.14%) Business Analysis
Programming Languages
1 4 (28.57%) SQL
Vendors
1 12 (85.71%) Fidessa
2 3 (21.43%) thinkFolio
3 2 (14.29%) Charles River
4 1 (7.14%) Microsoft
City, London
McGregor Boyall
Rate: £550 - £700 per annum + based on experience
Posted: 4 days ago