The table below looks at the statistics for thinkFolio 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 thinkFolio over the 3 months to 10 February 2016 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
10 Feb 2016
Same period 2015 Same period 2014
Markit thinkFolio
Rank 151 177 194
Rank change year-on-year
+26 +17
Contract jobs citing thinkFolio 2 11 12
As % of all contract IT jobs located in the City of London 0.064% 0.21% 0.20%
As % of the Business Applications category 0.86% 2.56% 2.71%
Number of daily rates quoted 2 9 10
Average daily rate £631 £500 £494
Average daily rate % change year-on-year
+26.25% +1.26%
90% offered a daily rate of more than £626 £460 £448
10% offered a daily rate of more than £636 £570 £560
UK excluding London average daily rate £738 - -
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 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
232 430 443
As % of all contract IT jobs located in the City of London 7.37% 8.36% 7.44%
Number of daily rates quoted 158 316 282
Average daily rate £480 £475 £450
Average daily rate % change year-on-year
+1.05% +5.55%
90% offered a daily rate of more than £300 £300 £325
10% offered a daily rate of more than £637 £650 £600
UK excluding London average daily rate £425 £425 £415
% change year-on-year
- +2.40%
Number of hourly rates quoted 2 1 5
Average hourly rate £39.50 £45.50 £29.20
Average hourly rate % change year-on-year
-13.18% +55.84%
90% offered a hourly rate of more than £27.10 £45.50 £22.00
10% offered a hourly rate of more than £51.90 £45.50 £32.00
UK excluding London average hourly rate £38.50 £17.75 £35.00
% change year-on-year
+116.90% -49.28%

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 Business Applications 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
Top 30 Related IT Skills in the City of London

For the 6 months to 10 February 2016, 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 6 (85.71%) Asset Management
2 4 (57.14%) Investment Management
3 3 (42.86%) Fund Management
3 3 (42.86%) SQL
4 2 (28.57%) Business Intelligence
4 2 (28.57%) RDBMS
4 2 (28.57%) Salesforce.com
4 2 (28.57%) webMethods
4 2 (28.57%) StatPro
4 2 (28.57%) Change Management
4 2 (28.57%) Data Management
4 2 (28.57%) LatentZero
4 2 (28.57%) Sentinel
4 2 (28.57%) Fixed Income
4 2 (28.57%) User Acceptance Testing
4 2 (28.57%) BI-SAM
4 2 (28.57%) Relational Database
4 2 (28.57%) Enterprise Data Management
4 2 (28.57%) Analytical Skills
5 1 (14.29%) Target Operating Model
5 1 (14.29%) EMIR
5 1 (14.29%) Dodd-Frank
5 1 (14.29%) Integration Testing
5 1 (14.29%) System Testing
5 1 (14.29%) Eagle PACE
5 1 (14.29%) Data Validation
5 1 (14.29%) Product Management
5 1 (14.29%) HP Quality Center
5 1 (14.29%) Change Control
5 1 (14.29%) Markit EDM

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

For the 6 months to 10 February 2016, 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.

Business Applications
1 2 (28.57%) LatentZero
1 2 (28.57%) Sentinel
2 1 (14.29%) Eagle PACE
2 1 (14.29%) Markit EDM
Database & Business Intelligence
1 2 (28.57%) RDBMS
1 2 (28.57%) Relational Database
General
1 1 (14.29%) Finance
1 1 (14.29%) Front Office
Job Titles
1 5 (71.43%) Analyst
2 4 (57.14%) Asset Management Analyst
3 2 (28.57%) Asset Management Business Analyst
3 2 (28.57%) Business Analyst
3 2 (28.57%) Systems Analyst
3 2 (28.57%) Systems Test Analyst
3 2 (28.57%) Test Analyst
3 2 (28.57%) thinkFolio Business Analyst
4 1 (14.29%) Applications Support
4 1 (14.29%) Applications Support Analyst
4 1 (14.29%) Data Analyst
4 1 (14.29%) Integration Analyst
4 1 (14.29%) Integration Test Analyst
4 1 (14.29%) Project Analyst
4 1 (14.29%) Senior Analyst
4 1 (14.29%) Senior Systems Analyst
4 1 (14.29%) Senior Test Analyst
4 1 (14.29%) Support Analyst
4 1 (14.29%) Tester
4 1 (14.29%) thinkFolio Analyst
Libraries, Frameworks & Software Standards
1 1 (14.29%) FIX Protocol
Miscellaneous
1 2 (28.57%) Analytical Skills
1 2 (28.57%) Fixed Income
2 1 (14.29%) Equities
Processes & Methodologies
1 6 (85.71%) Asset Management
2 4 (57.14%) Investment Management
3 3 (42.86%) Fund Management
4 2 (28.57%) Business Intelligence
4 2 (28.57%) Change Management
4 2 (28.57%) Data Management
4 2 (28.57%) Enterprise Data Management
4 2 (28.57%) User Acceptance Testing
5 1 (14.29%) Agile Software Development
5 1 (14.29%) Change Control
5 1 (14.29%) Data Validation
5 1 (14.29%) Integration Testing
5 1 (14.29%) Product Management
5 1 (14.29%) Risk Management
5 1 (14.29%) Stakeholder Management
5 1 (14.29%) System Testing
5 1 (14.29%) Target Operating Model
5 1 (14.29%) Validation
Programming Languages
1 3 (42.86%) SQL
Quality Assurance & Compliance
1 1 (14.29%) Dodd-Frank
1 1 (14.29%) EMIR
Systems Management
1 1 (14.29%) HP Quality Center
Vendors
1 2 (28.57%) BI-SAM
1 2 (28.57%) Salesforce.com
1 2 (28.57%) StatPro
1 2 (28.57%) webMethods
2 1 (14.29%) Bloomberg
2 1 (14.29%) HP