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 26 January 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.

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
26 Jan 2015
Same period 2014 Same period 2013
thinkFolio
Rank 180 188 172
Rank change year-on-year
+8 -16
Contract jobs citing thinkFolio 12 14 22
As % of all contract IT jobs located in the City of London 0.24% 0.23% 0.38%
As % of the Vendors category 0.54% 0.54% 0.89%
Number of daily rates quoted 9 12 21
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£500 £538 £525
Average daily rate % change year-on-year
-6.97% +2.38%
90% offered a daily rate of more than £460 £450 £425
10% offered a daily rate of more than £610 £573 £600
UK excluding London average daily rate - £500 -
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
2222 2603 2459
As % of all contract IT jobs located in the City of London 43.85% 43.33% 42.94%
Number of daily rates quoted 1647 1841 1761
Average daily rate £425 £425 £425
90% offered a daily rate of more than £250 £250 £250
10% offered a daily rate of more than £575 £625 £600
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 47 63 71
Average hourly rate £19.00 £18.70 £21.00
Average hourly rate % change year-on-year
+1.60% -10.95%
90% offered a hourly rate of more than £13.20 £12.50 £14.30
10% offered a hourly rate of more than £30.00 £28.85 £49.00
UK excluding London average hourly rate £17.00 £16.50 £19.00
% change year-on-year
+3.03% -13.15%

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 26 January 2015.

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 26 January 2015, 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 25 (69.44%) Front Office
1 25 (69.44%) Asset Management
2 22 (61.11%) SQL
3 16 (44.44%) Charles River
4 15 (41.67%) Finance
5 14 (38.89%) Markit EDM
6 13 (36.11%) Investment Management
7 9 (25.00%) Bloomberg
8 8 (22.22%) Equities
9 7 (19.44%) Derivative
10 6 (16.67%) Fund Management
10 6 (16.67%) Fixed Income
10 6 (16.67%) SQL Server
11 5 (13.89%) Change Management
11 5 (13.89%) Financial Modelling
11 5 (13.89%) Business Analysis
12 4 (11.11%) LatentZero
12 4 (11.11%) Portfolio Management
12 4 (11.11%) T-SQL
12 4 (11.11%) VBA
13 3 (8.33%) Microsoft
13 3 (8.33%) Java
13 3 (8.33%) Control-M
13 3 (8.33%) Database Tuning
13 3 (8.33%) Performance Tuning
14 2 (5.56%) Sentinel
14 2 (5.56%) Windows Server 2008
14 2 (5.56%) User Acceptance Testing
14 2 (5.56%) Data Analysis
14 2 (5.56%) WebSphere

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

For the 6 months to 26 January 2015, 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.

Application Platforms
1 2 (5.56%) WebSphere
2 1 (2.78%) SharePoint
2 1 (2.78%) Oracle Workflow
Applications
1 1 (2.78%) MS Project
1 1 (2.78%) MS Excel
Business Applications
1 14 (38.89%) Markit EDM
2 4 (11.11%) LatentZero
3 2 (5.56%) Sentinel
4 1 (2.78%) Eagle PACE
4 1 (2.78%) Tesseract
4 1 (2.78%) Minerva
4 1 (2.78%) Global One
Communications & Networking
1 1 (2.78%) LAN
1 1 (2.78%) WAN
1 1 (2.78%) Firewall
Database & Business Intelligence
1 6 (16.67%) SQL Server
2 1 (2.78%) RDBMS
2 1 (2.78%) SQL Server Reporting Services
2 1 (2.78%) SQL Server 2008
2 1 (2.78%) Relational Database
Development Applications
1 1 (2.78%) JIRA
1 1 (2.78%) SQL Server Management Studio (SSMS)
General
1 25 (69.44%) Front Office
2 15 (41.67%) Finance
3 1 (2.78%) Banking
3 1 (2.78%) Investment Banking
3 1 (2.78%) Back Office
Job Titles
1 27 (75.00%) Analyst
2 15 (41.67%) Support Analyst
3 9 (25.00%) Business Analyst
4 6 (16.67%) Applications Support
5 5 (13.89%) Applications Support Analyst
6 3 (8.33%) Test Analyst
7 2 (5.56%) Systems Analyst
7 2 (5.56%) Consultant
7 2 (5.56%) Project Manager
8 1 (2.78%) Tester
8 1 (2.78%) Developer
8 1 (2.78%) IT Support Analyst
8 1 (2.78%) Systems Support Analyst
8 1 (2.78%) Systems Test Analyst
8 1 (2.78%) VBA Developer
8 1 (2.78%) Infrastructure Consultant
8 1 (2.78%) IT Support
8 1 (2.78%) Systems Support
8 1 (2.78%) 3rd Line Support
8 1 (2.78%) Senior Business Analyst
Libraries, Frameworks & Software Standards
1 2 (5.56%) WebSphere MQ
2 1 (2.78%) FIX Protocol
2 1 (2.78%) XML
Miscellaneous
1 8 (22.22%) Equities
2 7 (19.44%) Derivative
3 6 (16.67%) Fixed Income
4 2 (5.56%) Management Information System
5 1 (2.78%) Replication
5 1 (2.78%) Foreign Exchange (FX)
5 1 (2.78%) iPad
5 1 (2.78%) Enterprise Storage
5 1 (2.78%) Analytical Skills
5 1 (2.78%) Credit Derivative
Operating Systems
1 2 (5.56%) UNIX
1 2 (5.56%) Windows
1 2 (5.56%) Windows Server 2008
2 1 (2.78%) Windows 7
2 1 (2.78%) Windows Server 2012
Processes & Methodologies
1 25 (69.44%) Asset Management
2 13 (36.11%) Investment Management
3 6 (16.67%) Fund Management
4 5 (13.89%) Business Analysis
4 5 (13.89%) Financial Modelling
4 5 (13.89%) Change Management
5 4 (11.11%) Portfolio Management
6 3 (8.33%) Performance Tuning
6 3 (8.33%) Database Tuning
7 2 (5.56%) Data Analysis
7 2 (5.56%) User Acceptance Testing
7 2 (5.56%) E-Commerce
7 2 (5.56%) Project Management
7 2 (5.56%) Agile Software Development
7 2 (5.56%) GAP Analysis
8 1 (2.78%) Workflow
8 1 (2.78%) Migration
8 1 (2.78%) Information Security
8 1 (2.78%) Content Management
8 1 (2.78%) Data Modelling
Programming Languages
1 22 (61.11%) SQL
2 4 (11.11%) T-SQL
2 4 (11.11%) VBA
3 3 (8.33%) Java
Quality Assurance & Compliance
1 1 (2.78%) ISO 9001
1 1 (2.78%) QA
System Software
1 1 (2.78%) Active Directory
1 1 (2.78%) VMware Infrastructure
1 1 (2.78%) VMware ESXi
Systems Management
1 3 (8.33%) Control-M
2 1 (2.78%) SCCM
Vendors
1 16 (44.44%) Charles River
2 9 (25.00%) Bloomberg
3 3 (8.33%) Microsoft
4 2 (5.56%) Murex
4 2 (5.56%) Fidessa
4 2 (5.56%) Oracle
4 2 (5.56%) VMware
5 1 (2.78%) BI-SAM
5 1 (2.78%) FactSet
5 1 (2.78%) Sybase
5 1 (2.78%) StatPro
5 1 (2.78%) HP
5 1 (2.78%) Citrix