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 19 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.

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
19 Sep 2014
Same period 2013 Same period 2012
thinkFolio
Rank 182 207 179
Rank change year-on-year
+25 -28
Contract jobs citing thinkFolio 17 20 41
As % of all contract IT jobs located in the City of London 0.29% 0.28% 0.53%
As % of the Vendors category 0.63% 0.60% 1.22%
Number of daily rates quoted 15 19 41
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£550 £525 £525
Average daily rate % change year-on-year
+4.76% -
90% offered a daily rate of more than £488 £315 £450
10% offered a daily rate of more than £600 £590 £600
UK excluding London average daily rate - £500 £375
% change year-on-year
- +33.33%
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
2715 3329 3360
As % of all contract IT jobs located in the City of London 46.12% 46.24% 43.29%
Number of daily rates quoted 1932 2307 2272
Average daily rate £425 £425 £435
Average daily rate % change year-on-year
- -2.29%
90% offered a daily rate of more than £250 £250 £251
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 58 93 98
Average hourly rate £20.00 £20.00 £18.75
Average hourly rate % change year-on-year
- +6.66%
90% offered a hourly rate of more than £12.85 £11.50 £12.50
10% offered a hourly rate of more than £32.82 £48.00 £42.00
UK excluding London average hourly rate £18.97 £19.00 £18.50
% change year-on-year
-0.18% +2.70%

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 19 September 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 19 September 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 22 (78.57%) Asset Management
2 20 (71.43%) Front Office
3 19 (67.86%) SQL
4 14 (50.00%) Charles River
5 13 (46.43%) Investment Management
6 8 (28.57%) Fixed Income
7 7 (25.00%) LatentZero
7 7 (25.00%) Business Analysis
7 7 (25.00%) Bloomberg
7 7 (25.00%) Markit EDM
8 6 (21.43%) Derivative
9 5 (17.86%) Fund Management
10 4 (14.29%) Equities
10 4 (14.29%) Finance
11 3 (10.71%) Back Office
11 3 (10.71%) GAP Analysis
11 3 (10.71%) SQL Server
12 2 (7.14%) VBA
12 2 (7.14%) Reuters
12 2 (7.14%) Fidessa
12 2 (7.14%) Front Arena
12 2 (7.14%) Data Analysis
12 2 (7.14%) Investment Banking
12 2 (7.14%) Tesseract
12 2 (7.14%) Minerva
12 2 (7.14%) Sentinel
12 2 (7.14%) Agile Software Development
12 2 (7.14%) Banking
12 2 (7.14%) Portfolio Management
12 2 (7.14%) Financial Modelling

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

For the 6 months to 19 September 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 (3.57%) MS Excel
Business Applications
1 7 (25.00%) LatentZero
1 7 (25.00%) Markit EDM
2 2 (7.14%) Front Arena
2 2 (7.14%) Tesseract
2 2 (7.14%) Minerva
2 2 (7.14%) Sentinel
3 1 (3.57%) Eagle PACE
3 1 (3.57%) SimCorp Dimension
3 1 (3.57%) Global One
Database & Business Intelligence
1 3 (10.71%) SQL Server
2 2 (7.14%) SQL Server 2008
3 1 (3.57%) SQL Server Reporting Services
3 1 (3.57%) Crystal Reports
General
1 20 (71.43%) Front Office
2 4 (14.29%) Finance
3 3 (10.71%) Back Office
4 2 (7.14%) Investment Banking
4 2 (7.14%) Banking
5 1 (3.57%) Marketing
5 1 (3.57%) Retail
Job Titles
1 23 (82.14%) Analyst
2 10 (35.71%) Business Analyst
2 10 (35.71%) Support Analyst
3 8 (28.57%) Applications Support
4 7 (25.00%) Applications Support Analyst
5 3 (10.71%) Senior Analyst
5 3 (10.71%) Test Analyst
6 2 (7.14%) Systems Analyst
6 2 (7.14%) Consultant
6 2 (7.14%) Senior Business Analyst
7 1 (3.57%) Business Manager
7 1 (3.57%) Senior Test Analyst
7 1 (3.57%) Systems Support Analyst
7 1 (3.57%) Systems Test Analyst
7 1 (3.57%) Business Project Manager
7 1 (3.57%) Systems Support
7 1 (3.57%) Technical Consultant
7 1 (3.57%) Test Manager
7 1 (3.57%) Tester
7 1 (3.57%) Project Manager
Libraries, Frameworks & Software Standards
1 1 (3.57%) FIXML
1 1 (3.57%) WebSphere MQ
1 1 (3.57%) XML
Miscellaneous
1 8 (28.57%) Fixed Income
2 6 (21.43%) Derivative
3 4 (14.29%) Equities
4 1 (3.57%) Credit Derivative
4 1 (3.57%) Management Information System
4 1 (3.57%) Foreign Exchange (FX)
Operating Systems
1 1 (3.57%) Windows
Processes & Methodologies
1 22 (78.57%) Asset Management
2 13 (46.43%) Investment Management
3 7 (25.00%) Business Analysis
4 5 (17.86%) Fund Management
5 3 (10.71%) GAP Analysis
6 2 (7.14%) Data Analysis
6 2 (7.14%) Agile Software Development
6 2 (7.14%) Portfolio Management
6 2 (7.14%) Financial Modelling
7 1 (3.57%) Data Architecture
7 1 (3.57%) Automated Testing
7 1 (3.57%) Incident Management
7 1 (3.57%) Change Management
7 1 (3.57%) Risk Management
7 1 (3.57%) Migration
7 1 (3.57%) Information Security
7 1 (3.57%) Project Management
7 1 (3.57%) OO
7 1 (3.57%) RAD
7 1 (3.57%) ETL
Programming Languages
1 19 (67.86%) SQL
2 2 (7.14%) VBA
3 1 (3.57%) T-SQL
3 1 (3.57%) VB
Quality Assurance & Compliance
1 1 (3.57%) ISO/IEC 20000
Systems Management
1 1 (3.57%) Control-M
Vendors
1 14 (50.00%) Charles River
2 7 (25.00%) Bloomberg
3 2 (7.14%) Reuters
3 2 (7.14%) Fidessa
4 1 (3.57%) RIMES
4 1 (3.57%) BI-SAM
4 1 (3.57%) FactSet
4 1 (3.57%) SimCorp
4 1 (3.57%) StatPro
4 1 (3.57%) Algorithmics
4 1 (3.57%) Salesforce.com
4 1 (3.57%) Murex
4 1 (3.57%) Calypso
City of London
Real Staffing
Rate: £400 - £450 per day
Posted: 3 days ago