The table below looks at the statistics for knowledge and experience of Bloomberg products and/or services in IT contracts advertised for the Edinburgh region. Included is a guide to the average contractor rates offered in IT contracts that have cited Bloomberg over the 3 months to 24 December 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 Bloomberg.

Location
3 months to
24 Dec 2014
Same period 2013 Same period 2012
Bloomberg
Rank 83 71 63
Rank change year-on-year
-12 -8
Contract jobs citing Bloomberg 2 1 1
As % of all contract IT jobs located in Edinburgh 0.14% 0.084% 0.11%
As % of the Vendors category 0.48% 0.25% 0.28%
Number of daily rates quoted 2 1 0
Average daily rate
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£413 £500 -
Average daily rate % change year-on-year
-17.50% -
UK excluding London average daily rate £425 £475 £225
% change year-on-year
-10.52% +111.11%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - £10.00 -
Bloomberg
Scotland

The following table is for comparison with the above and provides statistics for the entire Vendors category in contract jobs advertised in the Edinburgh region.

Vendors Category
Edinburgh
Contract IT job ads with a match in the
Vendors category
420 404 351
As % of all contract IT jobs located in Edinburgh 28.79% 34.01% 40.02%
Number of daily rates quoted 210 208 140
Average daily rate £400 £395 £325
Average daily rate % change year-on-year
+1.26% +21.53%
90% offered a daily rate of more than £275 £250 £100
10% offered a daily rate of more than £500 £500 £455
UK excluding London average daily rate £365 £350 £350
% change year-on-year
+4.28% -
Number of hourly rates quoted 5 9 7
Average hourly rate £15.77 £16.50 £12.25
Average hourly rate % change year-on-year
-4.42% +34.69%
90% offered a hourly rate of more than £12.17 £10.00 £11.00
10% offered a hourly rate of more than £67.60 £180.00 £23.75
UK excluding London average hourly rate £17.50 £17.00 £19.00
% change year-on-year
+2.94% -10.52%

Bloomberg
Jobs Demand Trend in Edinburgh

This chart provides a 3-month moving total of IT contractor jobs citing Bloomberg across the Edinburgh region as a proportion of the total demand within the Vendors category.

Bloomberg Jobs Demand Trend in Edinburgh

Bloomberg
Daily Rate Trend in Edinburgh

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Bloomberg across the Edinburgh region.

Bloomberg Daily Rate Trend in Edinburgh

Bloomberg
Hourly Rate Trend in Edinburgh

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Bloomberg across the Edinburgh region.

Bloomberg Hourly Rate Trend in Edinburgh

Bloomberg
Top 30 Related IT Skills in Edinburgh

For the 6 months to 24 December 2014, IT contractor jobs across the Edinburgh region citing Bloomberg 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 Bloomberg.

1 4 (80.00%) Asset Management
2 3 (60.00%) RIMES
2 3 (60.00%) Markit EDM
2 3 (60.00%) Front Office
2 3 (60.00%) Migration
2 3 (60.00%) Fixed Income
3 2 (40.00%) Back Office
3 2 (40.00%) Finance
3 2 (40.00%) SQL
3 2 (40.00%) Data Warehouse
3 2 (40.00%) Charles River
3 2 (40.00%) Investment Management
3 2 (40.00%) Data Management
3 2 (40.00%) Derivative
3 2 (40.00%) Equity Derivative
3 2 (40.00%) Enterprise Data Management
3 2 (40.00%) Analytical Skills
4 1 (20.00%) C#
4 1 (20.00%) Fund Management
4 1 (20.00%) Data Analysis
4 1 (20.00%) Business Analysis
4 1 (20.00%) SQL Server 2008
4 1 (20.00%) FINCAD Analytics
4 1 (20.00%) Unity DI Container
4 1 (20.00%) Technical Analysis
4 1 (20.00%) MSTest
4 1 (20.00%) Moq
4 1 (20.00%) Kindle
4 1 (20.00%) ISO 9001
4 1 (20.00%) ISEB

Bloomberg
Top Related IT Skills in Edinburgh by Category

For the 6 months to 24 December 2014, IT contractor jobs across the Edinburgh region citing Bloomberg 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 Bloomberg. Up to 20 skills are shown per category.

Applications
1 1 (20.00%) MS Excel
Business Applications
1 3 (60.00%) Markit EDM
2 1 (20.00%) FINCAD Analytics
Database & Business Intelligence
1 2 (40.00%) Data Warehouse
2 1 (20.00%) SQL Server 2008
2 1 (20.00%) SQL Server
Development Applications
1 1 (20.00%) Visual Studio
1 1 (20.00%) MSTest
1 1 (20.00%) Moq
General
1 3 (60.00%) Front Office
2 2 (40.00%) Back Office
2 2 (40.00%) Finance
Job Titles
1 4 (80.00%) Analyst
2 2 (40.00%) Data Analyst
2 2 (40.00%) Business Analyst
3 1 (20.00%) Developer
3 1 (20.00%) .NET Developer
3 1 (20.00%) IT Business Analyst
Libraries, Frameworks & Software Standards
1 1 (20.00%) .NET
1 1 (20.00%) Unity DI Container
Miscellaneous
1 3 (60.00%) Fixed Income
2 2 (40.00%) Derivative
2 2 (40.00%) Equity Derivative
2 2 (40.00%) Analytical Skills
3 1 (20.00%) Kindle
Processes & Methodologies
1 4 (80.00%) Asset Management
2 3 (60.00%) Migration
3 2 (40.00%) Enterprise Data Management
3 2 (40.00%) Data Management
3 2 (40.00%) Investment Management
4 1 (20.00%) Technical Analysis
4 1 (20.00%) Data Analysis
4 1 (20.00%) Business Analysis
4 1 (20.00%) Fund Management
4 1 (20.00%) Agile Software Development
4 1 (20.00%) TDD
Programming Languages
1 2 (40.00%) SQL
2 1 (20.00%) VBA
2 1 (20.00%) C#
Qualifications
1 1 (20.00%) ISEB
Quality Assurance & Compliance
1 1 (20.00%) ISO 9001
Vendors
1 3 (60.00%) RIMES
2 2 (40.00%) Charles River