The table below looks at the statistics for knowledge and experience of thinkFolio products and/or services 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 thinkFolio over the 3 months to 21 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.

The figures below represent the IT contractor job market in general and are NOT representative of contractor rates within thinkFolio Limited.

Location
3 months to
21 Oct 2014
Same period 2013 Same period 2012
thinkFolio
Rank 181 200 196
Rank change year-on-year
+19 -4
Contract jobs citing thinkFolio 21 24 23
As % of all contract IT jobs located in the City of London 0.35% 0.33% 0.31%
As % of the Vendors category 0.78% 0.72% 0.71%
Number of daily rates quoted 17 23 23
Average daily rate
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of your Daily Rate
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£575 £525 £550
Average daily rate % change year-on-year
+9.52% -4.54%
90% offered a daily rate of more than £488 £450 £355
10% offered a daily rate of more than £650 £650 £600
UK excluding London average daily rate £613 £525 £375
% change year-on-year
+16.66% +40.00%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
thinkFolio
London

The following table is for comparison with the above and provides statistics for the entire Vendors category in contract jobs advertised in the City of London region.

Vendors Category
City of London
Contract IT job ads with a match in the
Vendors category
2691 3328 3242
As % of all contract IT jobs located in the City of London 45.31% 45.65% 43.62%
Number of daily rates quoted 1945 2323 2259
Average daily rate £425 £425 £425
90% offered a daily rate of more than £250 £263 £263
10% offered a daily rate of more than £575 £600 £600
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 62 92 87
Average hourly rate £17.87 £20.00 £19.00
Average hourly rate % change year-on-year
-10.67% +5.26%
90% offered a hourly rate of more than £11.40 £11.50 £13.50
10% offered a hourly rate of more than £24.50 £40.00 £42.00
UK excluding London average hourly rate £18.00 £18.00 £18.63
% change year-on-year
- -3.35%

thinkFolio
Jobs Demand Trend in the City of London

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

thinkFolio Jobs Demand Trend in the City of London

thinkFolio
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 thinkFolio across the City of London region.

thinkFolio Daily Rate Trend in the City of London

thinkFolio
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing thinkFolio across the City of London region over the 3 months to 21 October 2014.

thinkFolio Daily Rate Histogram in the City of London

thinkFolio
Top 30 Related IT Skills in the City of London

For the 6 months to 21 October 2014, IT contractor jobs across the City of London region citing thinkFolio 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 thinkFolio.

1 23 (74.19%) Asset Management
2 22 (70.97%) Front Office
3 18 (58.06%) SQL
4 14 (45.16%) Investment Management
5 13 (41.94%) Charles River
6 9 (29.03%) Markit EDM
7 7 (22.58%) Business Analysis
8 6 (19.35%) Finance
8 6 (19.35%) Fixed Income
8 6 (19.35%) Derivative
8 6 (19.35%) Bloomberg
9 5 (16.13%) Equities
9 5 (16.13%) Fund Management
10 4 (12.90%) LatentZero
10 4 (12.90%) GAP Analysis
11 3 (9.68%) Back Office
11 3 (9.68%) Change Management
11 3 (9.68%) VBA
11 3 (9.68%) SQL Server
11 3 (9.68%) Financial Modelling
12 2 (6.45%) SQL Server 2008
12 2 (6.45%) Portfolio Management
12 2 (6.45%) Control-M
12 2 (6.45%) Fidessa
12 2 (6.45%) Project Management
12 2 (6.45%) Sentinel
12 2 (6.45%) Front Arena
12 2 (6.45%) Data Analysis
12 2 (6.45%) Agile Software Development
13 1 (3.23%) Banking

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

For the 6 months to 21 October 2014, IT contractor jobs across the City of London region citing thinkFolio 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 thinkFolio. Up to 20 skills are shown per category.

Applications
1 1 (3.23%) MS Project
1 1 (3.23%) MS Excel
Business Applications
1 9 (29.03%) Markit EDM
2 4 (12.90%) LatentZero
3 2 (6.45%) Sentinel
3 2 (6.45%) Front Arena
4 1 (3.23%) SimCorp Dimension
4 1 (3.23%) Eagle PACE
4 1 (3.23%) Tesseract
4 1 (3.23%) Minerva
4 1 (3.23%) Global One
Database & Business Intelligence
1 3 (9.68%) SQL Server
2 2 (6.45%) SQL Server 2008
3 1 (3.23%) Crystal Reports
3 1 (3.23%) SQL Server Reporting Services
General
1 22 (70.97%) Front Office
2 6 (19.35%) Finance
3 3 (9.68%) Back Office
4 1 (3.23%) Banking
4 1 (3.23%) Retail
4 1 (3.23%) Investment Banking
4 1 (3.23%) Marketing
Job Titles
1 24 (77.42%) Analyst
2 12 (38.71%) Support Analyst
3 10 (32.26%) Business Analyst
4 8 (25.81%) Applications Support
5 7 (22.58%) Applications Support Analyst
6 2 (6.45%) Senior Business Analyst
6 2 (6.45%) Senior Analyst
6 2 (6.45%) Project Manager
6 2 (6.45%) Test Analyst
6 2 (6.45%) Systems Analyst
6 2 (6.45%) Consultant
7 1 (3.23%) Systems Support
7 1 (3.23%) Technical Consultant
7 1 (3.23%) Tester
7 1 (3.23%) Systems Support Analyst
7 1 (3.23%) Systems Test Analyst
Libraries, Frameworks & Software Standards
1 1 (3.23%) XML
1 1 (3.23%) WebSphere MQ
1 1 (3.23%) FIXML
Miscellaneous
1 6 (19.35%) Fixed Income
1 6 (19.35%) Derivative
2 5 (16.13%) Equities
3 1 (3.23%) Credit Derivative
3 1 (3.23%) Foreign Exchange (FX)
3 1 (3.23%) Management Information System
3 1 (3.23%) iPad
Operating Systems
1 1 (3.23%) Windows
Processes & Methodologies
1 23 (74.19%) Asset Management
2 14 (45.16%) Investment Management
3 7 (22.58%) Business Analysis
4 5 (16.13%) Fund Management
5 4 (12.90%) GAP Analysis
6 3 (9.68%) Change Management
6 3 (9.68%) Financial Modelling
7 2 (6.45%) Portfolio Management
7 2 (6.45%) Project Management
7 2 (6.45%) Data Analysis
7 2 (6.45%) Agile Software Development
8 1 (3.23%) Incident Management
8 1 (3.23%) Project Planning
8 1 (3.23%) Automated Testing
8 1 (3.23%) Risk Management
8 1 (3.23%) Migration
8 1 (3.23%) Information Security
8 1 (3.23%) OO
8 1 (3.23%) RAD
8 1 (3.23%) ETL
Programming Languages
1 18 (58.06%) SQL
2 3 (9.68%) VBA
3 1 (3.23%) Java
3 1 (3.23%) T-SQL
3 1 (3.23%) VB
Quality Assurance & Compliance
1 1 (3.23%) ISO 9001
1 1 (3.23%) ISO/IEC 20000
Systems Management
1 2 (6.45%) Control-M
Vendors
1 13 (41.94%) Charles River
2 6 (19.35%) Bloomberg
3 2 (6.45%) Fidessa
4 1 (3.23%) Salesforce.com
4 1 (3.23%) Reuters
4 1 (3.23%) StatPro
4 1 (3.23%) Algorithmics
4 1 (3.23%) SimCorp
4 1 (3.23%) RIMES
4 1 (3.23%) BI-SAM
4 1 (3.23%) FactSet
4 1 (3.23%) Microsoft
City, London
Red10
Rate: £500 - £650 per day
Posted: Yesterday