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 3 August 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.

Location
3 months to
3 Aug 2015
Same period 2014 Same period 2013
Markit thinkFolio
Rank 197 186 201
Rank change year-on-year
-11 +15
Contract jobs citing thinkFolio 14 11 23
As % of all contract IT jobs located in the City of London 0.24% 0.19% 0.32%
As % of the Business Applications category 2.95% 2.22% 3.72%
Number of daily rates quoted 13 11 20
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£625 £500 £500
Average daily rate % change year-on-year
+25.00% -
90% offered a daily rate of more than £505 £475 £315
10% offered a daily rate of more than £700 £600 £578
UK excluding London average daily rate £600 - £438
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
474 496 619
As % of all contract IT jobs located in the City of London 8.16% 8.60% 8.74%
Number of daily rates quoted 319 335 441
Average daily rate £500 £475 £450
Average daily rate % change year-on-year
+5.26% +5.55%
90% offered a daily rate of more than £300 £325 £325
10% offered a daily rate of more than £625 £600 £625
UK excluding London average daily rate £425 £425 £413
% change year-on-year
- +3.03%
Number of hourly rates quoted 3 4 11
Average hourly rate £21.50 £32.03 £15.00
Average hourly rate % change year-on-year
-32.87% +113.53%
90% offered a hourly rate of more than £21.34 £29.08 £12.50
10% offered a hourly rate of more than £42.30 £32.82 £32.58
UK excluding London average hourly rate £22.50 £30.00 £20.00
% change year-on-year
-25.00% +50.00%

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
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 3 August 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 3 August 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 15 (55.56%) SQL
2 14 (51.85%) Asset Management
3 13 (48.15%) Front Office
4 12 (44.44%) Fixed Income
5 10 (37.04%) Charles River
6 9 (33.33%) Finance
6 9 (33.33%) Agile Software Development
6 9 (33.33%) Investment Management
7 7 (25.93%) User Acceptance Testing
8 6 (22.22%) LatentZero
9 5 (18.52%) Portfolio Management
9 5 (18.52%) Bloomberg
9 5 (18.52%) UNIX
10 4 (14.81%) Equities
10 4 (14.81%) Markit EDM
10 4 (14.81%) Data Management
10 4 (14.81%) Change Management
10 4 (14.81%) Sentinel
11 3 (11.11%) Derivative
11 3 (11.11%) Tesseract
11 3 (11.11%) Minerva
11 3 (11.11%) Fund Management
11 3 (11.11%) Legal
11 3 (11.11%) Workflow
11 3 (11.11%) Oracle
11 3 (11.11%) SQL Server
11 3 (11.11%) Sybase
11 3 (11.11%) Control-M
11 3 (11.11%) Project Management
12 2 (7.41%) Java

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

For the 6 months to 3 August 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 1 (3.70%) SharePoint
1 1 (3.70%) Oracle Workflow
Business Applications
1 6 (22.22%) LatentZero
2 4 (14.81%) Sentinel
2 4 (14.81%) Markit EDM
3 3 (11.11%) Tesseract
3 3 (11.11%) Minerva
Database & Business Intelligence
1 3 (11.11%) SQL Server
Development Applications
1 1 (3.70%) JIRA
General
1 13 (48.15%) Front Office
2 9 (33.33%) Finance
3 3 (11.11%) Legal
4 2 (7.41%) Banking
4 2 (7.41%) Investment Banking
Job Titles
1 11 (40.74%) Analyst
2 8 (29.63%) Business Analyst
2 8 (29.63%) Applications Support
3 3 (11.11%) Project Manager
4 2 (7.41%) Support Analyst
5 1 (3.70%) Consultant
5 1 (3.70%) Applications Support Analyst
5 1 (3.70%) Business Project Manager
5 1 (3.70%) Business Manager
5 1 (3.70%) Testing Analyst
5 1 (3.70%) Fixed Income Business Analyst
5 1 (3.70%) Compliance Consultant
5 1 (3.70%) Charles River Consultant
Libraries, Frameworks & Software Standards
1 2 (7.41%) FIX Protocol
Miscellaneous
1 12 (44.44%) Fixed Income
2 4 (14.81%) Equities
3 3 (11.11%) Derivative
4 1 (3.70%) Analytical Skills
4 1 (3.70%) Data Structures
4 1 (3.70%) Foreign Exchange (FX)
Operating Systems
1 5 (18.52%) UNIX
2 2 (7.41%) Windows
2 2 (7.41%) Linux
Processes & Methodologies
1 14 (51.85%) Asset Management
2 9 (33.33%) Agile Software Development
2 9 (33.33%) Investment Management
3 7 (25.93%) User Acceptance Testing
4 5 (18.52%) Portfolio Management
5 4 (14.81%) Data Management
5 4 (14.81%) Change Management
6 3 (11.11%) Workflow
6 3 (11.11%) Project Management
6 3 (11.11%) Fund Management
7 2 (7.41%) Wealth Management
7 2 (7.41%) Problem Management
7 2 (7.41%) Service Delivery
7 2 (7.41%) ITIL
7 2 (7.41%) OO
7 2 (7.41%) ETL
7 2 (7.41%) Root Cause Analysis
7 2 (7.41%) Critical Success Factor
8 1 (3.70%) Mentoring
8 1 (3.70%) Test Strategy
Programming Languages
1 15 (55.56%) SQL
2 2 (7.41%) Java
2 2 (7.41%) Perl
Quality Assurance & Compliance
1 2 (7.41%) QA
Systems Management
1 3 (11.11%) Control-M
2 1 (3.70%) HP Quality Center
Vendors
1 10 (37.04%) Charles River
2 5 (18.52%) Bloomberg
3 3 (11.11%) Oracle
3 3 (11.11%) Sybase
4 2 (7.41%) Tradeweb
4 2 (7.41%) MarketAxess
5 1 (3.70%) HP