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 2 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
2 Oct 2014
Same period 2013 Same period 2012
thinkFolio
Rank 183 205 188
Rank change year-on-year
+22 -17
Contract jobs citing thinkFolio 19 16 33
As % of all contract IT jobs located in the City of London 0.32% 0.22% 0.44%
As % of the Vendors category 0.70% 0.48% 1.01%
Number of daily rates quoted 16 15 33
Average daily rate
Keep up to 90%
of your Daily Rate
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£563 £525 £525
Average daily rate % change year-on-year
+7.14% -
90% offered a daily rate of more than £488 £369 £395
10% offered a daily rate of more than £600 £620 £600
UK excluding London average daily rate £613 £500 £375
% change year-on-year
+22.50% +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
2720 3301 3268
As % of all contract IT jobs located in the City of London 45.97% 46.28% 43.22%
Number of daily rates quoted 1952 2302 2247
Average daily rate £425 £425 £438
Average daily rate % change year-on-year
- -2.85%
90% offered a daily rate of more than £250 £250 £265
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 61 87 92
Average hourly rate £19.00 £21.00 £20.00
Average hourly rate % change year-on-year
-9.52% +5.00%
90% offered a hourly rate of more than £12.50 £11.50 £13.50
10% offered a hourly rate of more than £32.82 £48.00 £42.00
UK excluding London average hourly rate £19.00 £18.37 £18.75
% change year-on-year
+3.45% -2.05%

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 2 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 2 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 22 (75.86%) Asset Management
2 20 (68.97%) Front Office
3 18 (62.07%) SQL
4 13 (44.83%) Charles River
4 13 (44.83%) Investment Management
5 8 (27.59%) Markit EDM
6 7 (24.14%) Bloomberg
6 7 (24.14%) Fixed Income
6 7 (24.14%) Business Analysis
6 7 (24.14%) Derivative
7 6 (20.69%) LatentZero
7 6 (20.69%) Fund Management
8 5 (17.24%) Equities
8 5 (17.24%) Finance
9 4 (13.79%) GAP Analysis
10 3 (10.34%) Back Office
10 3 (10.34%) SQL Server
11 2 (6.90%) VBA
11 2 (6.90%) Reuters
11 2 (6.90%) Fidessa
11 2 (6.90%) Change Management
11 2 (6.90%) Project Management
11 2 (6.90%) Agile Software Development
11 2 (6.90%) Tesseract
11 2 (6.90%) Minerva
11 2 (6.90%) Sentinel
11 2 (6.90%) Front Arena
11 2 (6.90%) Data Analysis
11 2 (6.90%) Portfolio Management
11 2 (6.90%) SQL Server 2008

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

For the 6 months to 2 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 (3.45%) MS Excel
Business Applications
1 8 (27.59%) Markit EDM
2 6 (20.69%) LatentZero
3 2 (6.90%) Tesseract
3 2 (6.90%) Minerva
3 2 (6.90%) Sentinel
3 2 (6.90%) Front Arena
4 1 (3.45%) Eagle PACE
4 1 (3.45%) SimCorp Dimension
4 1 (3.45%) Global One
Database & Business Intelligence
1 3 (10.34%) SQL Server
2 2 (6.90%) SQL Server 2008
3 1 (3.45%) SQL Server Reporting Services
3 1 (3.45%) Crystal Reports
General
1 20 (68.97%) Front Office
2 5 (17.24%) Finance
3 3 (10.34%) Back Office
4 1 (3.45%) Investment Banking
4 1 (3.45%) Marketing
4 1 (3.45%) Banking
4 1 (3.45%) Retail
Job Titles
1 23 (79.31%) Analyst
2 11 (37.93%) Support Analyst
3 9 (31.03%) Business Analyst
4 8 (27.59%) Applications Support
5 7 (24.14%) Applications Support Analyst
6 3 (10.34%) Senior Analyst
6 3 (10.34%) Test Analyst
7 2 (6.90%) Systems Analyst
7 2 (6.90%) Consultant
7 2 (6.90%) Senior Business Analyst
8 1 (3.45%) Senior Test Analyst
8 1 (3.45%) Systems Support Analyst
8 1 (3.45%) Systems Test Analyst
8 1 (3.45%) Project Manager
8 1 (3.45%) Tester
8 1 (3.45%) Technical Consultant
8 1 (3.45%) Systems Support
Libraries, Frameworks & Software Standards
1 1 (3.45%) FIXML
1 1 (3.45%) WebSphere MQ
1 1 (3.45%) XML
Miscellaneous
1 7 (24.14%) Fixed Income
1 7 (24.14%) Derivative
2 5 (17.24%) Equities
3 1 (3.45%) iPad
3 1 (3.45%) Data Structures
3 1 (3.45%) Credit Derivative
3 1 (3.45%) Management Information System
3 1 (3.45%) Foreign Exchange (FX)
Operating Systems
1 1 (3.45%) Windows
Processes & Methodologies
1 22 (75.86%) Asset Management
2 13 (44.83%) Investment Management
3 7 (24.14%) Business Analysis
4 6 (20.69%) Fund Management
5 4 (13.79%) GAP Analysis
6 2 (6.90%) Change Management
6 2 (6.90%) Project Management
6 2 (6.90%) Agile Software Development
6 2 (6.90%) Data Analysis
6 2 (6.90%) Portfolio Management
6 2 (6.90%) Financial Modelling
7 1 (3.45%) Data Architecture
7 1 (3.45%) Automated Testing
7 1 (3.45%) Incident Management
7 1 (3.45%) Information Security
7 1 (3.45%) Migration
7 1 (3.45%) Risk Management
7 1 (3.45%) OO
7 1 (3.45%) RAD
7 1 (3.45%) ETL
Programming Languages
1 18 (62.07%) SQL
2 2 (6.90%) VBA
3 1 (3.45%) T-SQL
3 1 (3.45%) VB
Quality Assurance & Compliance
1 1 (3.45%) ISO/IEC 20000
1 1 (3.45%) ISO 9001
Systems Management
1 1 (3.45%) Control-M
Vendors
1 13 (44.83%) Charles River
2 7 (24.14%) Bloomberg
3 2 (6.90%) Reuters
3 2 (6.90%) Fidessa
4 1 (3.45%) RIMES
4 1 (3.45%) BI-SAM
4 1 (3.45%) FactSet
4 1 (3.45%) SimCorp
4 1 (3.45%) StatPro
4 1 (3.45%) Algorithmics
4 1 (3.45%) Salesforce.com
4 1 (3.45%) Murex
4 1 (3.45%) Calypso
City, London
Harrington Starr
Rate: £575 - £675 per day
Posted: 6 days ago
City of London
Real Staffing
Rate: £400 - £450 per day
Posted: 15 days ago