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 20 August 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
20 Aug 2014
Same period 2013 Same period 2012
thinkFolio
Rank 184 208 186
Rank change year-on-year
+24 -22
Contract jobs citing thinkFolio 14 22 45
As % of all contract IT jobs located in the City of London 0.24% 0.30% 0.57%
As % of the Vendors category 0.53% 0.65% 1.32%
Number of daily rates quoted 14 19 45
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£500 £500 £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 £575 £600
UK excluding London average daily rate - £450 £525
% change year-on-year
- -14.28%
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
2623 3403 3418
As % of all contract IT jobs located in the City of London 45.36% 46.20% 42.98%
Number of daily rates quoted 1817 2373 2332
Average daily rate £425 £425 £425
90% offered a daily rate of more than £250 £255 £275
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 59 96 95
Average hourly rate £20.00 £20.00 £20.00
90% offered a hourly rate of more than £13.46 £13.97 £13.50
10% offered a hourly rate of more than £34.50 £59.00 £42.00
UK excluding London average hourly rate £17.50 £19.50 £20.00
% change year-on-year
-10.25% -2.50%

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 20 August 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 20 August 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 17 (70.83%) Asset Management
2 16 (66.67%) SQL
3 14 (58.33%) Front Office
4 13 (54.17%) Charles River
5 12 (50.00%) Investment Management
6 9 (37.50%) Fixed Income
7 8 (33.33%) LatentZero
7 8 (33.33%) Markit EDM
8 6 (25.00%) Business Analysis
8 6 (25.00%) Derivative
9 5 (20.83%) Equities
10 4 (16.67%) Fund Management
10 4 (16.67%) Bloomberg
11 3 (12.50%) Back Office
11 3 (12.50%) Investment Banking
11 3 (12.50%) GAP Analysis
11 3 (12.50%) Banking
12 2 (8.33%) Finance
12 2 (8.33%) Minerva
12 2 (8.33%) Front Arena
12 2 (8.33%) Eagle PACE
12 2 (8.33%) Financial Modelling
12 2 (8.33%) Reuters
12 2 (8.33%) SQL Server
12 2 (8.33%) VBA
12 2 (8.33%) Windows
13 1 (4.17%) MS Excel
13 1 (4.17%) Murex
13 1 (4.17%) Calypso
13 1 (4.17%) Fidessa

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

For the 6 months to 20 August 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 (4.17%) MS Excel
Business Applications
1 8 (33.33%) LatentZero
1 8 (33.33%) Markit EDM
2 2 (8.33%) Eagle PACE
2 2 (8.33%) Front Arena
2 2 (8.33%) Minerva
3 1 (4.17%) Sentinel
3 1 (4.17%) Tesseract
3 1 (4.17%) SimCorp Dimension
Database & Business Intelligence
1 2 (8.33%) SQL Server
2 1 (4.17%) Crystal Reports
2 1 (4.17%) SQL Server 2008
General
1 14 (58.33%) Front Office
2 3 (12.50%) Back Office
2 3 (12.50%) Banking
2 3 (12.50%) Investment Banking
3 2 (8.33%) Finance
4 1 (4.17%) Retail
4 1 (4.17%) Marketing
Job Titles
1 21 (87.50%) Analyst
2 10 (41.67%) Support Analyst
3 9 (37.50%) Applications Support
4 8 (33.33%) Applications Support Analyst
4 8 (33.33%) Business Analyst
5 3 (12.50%) Test Analyst
5 3 (12.50%) Senior Analyst
6 2 (8.33%) Senior Business Analyst
7 1 (4.17%) Technical Consultant
7 1 (4.17%) Senior Test Analyst
7 1 (4.17%) Applications Support Specialist
7 1 (4.17%) Business Project Manager
7 1 (4.17%) Business Manager
7 1 (4.17%) Consultant
7 1 (4.17%) Applications Specialist
7 1 (4.17%) Support Specialist
7 1 (4.17%) Project Manager
7 1 (4.17%) Test Manager
Libraries, Frameworks & Software Standards
1 1 (4.17%) WebSphere MQ
1 1 (4.17%) FIXML
Miscellaneous
1 9 (37.50%) Fixed Income
2 6 (25.00%) Derivative
3 5 (20.83%) Equities
Operating Systems
1 2 (8.33%) Windows
2 1 (4.17%) UNIX
Processes & Methodologies
1 17 (70.83%) Asset Management
2 12 (50.00%) Investment Management
3 6 (25.00%) Business Analysis
4 4 (16.67%) Fund Management
5 3 (12.50%) GAP Analysis
6 2 (8.33%) Financial Modelling
7 1 (4.17%) Portfolio Management
7 1 (4.17%) Risk Management
7 1 (4.17%) Migration
7 1 (4.17%) Automated Testing
Programming Languages
1 16 (66.67%) SQL
2 2 (8.33%) VBA
3 1 (4.17%) VB
Quality Assurance & Compliance
1 1 (4.17%) ISO/IEC 20000
Systems Management
1 1 (4.17%) Control-M
Vendors
1 13 (54.17%) Charles River
2 4 (16.67%) Bloomberg
3 2 (8.33%) Reuters
4 1 (4.17%) Algorithmics
4 1 (4.17%) SimCorp
4 1 (4.17%) RIMES
4 1 (4.17%) Oracle
4 1 (4.17%) Murex
4 1 (4.17%) Calypso
4 1 (4.17%) Fidessa
4 1 (4.17%) Salesforce.com
City of London
Hays IT - Uk Posting account
Rate: £500.00 - £600.00 per day
Posted: Yesterday
City, London
Aston Carter
Rate: £530 - £630 per day
Posted: 2 days ago
City of London
Huxley Associates
Rate: £550 - £650 per day
Posted: 5 days ago
City, London
McGregor Boyall
Rate: £500 - £650 per day
Posted: 5 days ago
City, London
Nicoll Curtin
Rate: £550 - £630 per day
Posted: 5 days ago