The table below looks at the prevalence of the term ASIC in IT contracts advertised for the London region. Included is a guide to the average contractor rates offered in IT contracts that have cited ASIC over the 3 months to 3 September 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 Sep 2015
Same period 2014 Same period 2013
Application-Specific Integrated Circuit (ASIC)
Rank 421 - -
Rank change year-on-year
- 0
Contract jobs citing ASIC 3 0 0
As % of all contract IT jobs located in London 0.013% - -
As % of the Miscellaneous category 0.035% - -
Number of daily rates quoted 3 0 0
Average daily rate
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£638 - -
UK excluding London average daily rate - - £128
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - £40.00 £22.50
% change year-on-year
- +77.77%
ASIC
England

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

Miscellaneous Category
London
Contract IT job ads with a match in the
Miscellaneous category
8642 9041 9846
As % of all contract IT jobs located in London 36.49% 37.31% 38.94%
Number of daily rates quoted 5966 6040 6719
Average daily rate £475 £450 £450
Average daily rate % change year-on-year
+5.55% -
90% offered a daily rate of more than £275 £285 £275
10% offered a daily rate of more than £650 £625 £625
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 153 186 193
Average hourly rate £21.25 £19.00 £20.00
Average hourly rate % change year-on-year
+11.84% -5.00%
90% offered a hourly rate of more than £13.17 £14.04 £13.00
10% offered a hourly rate of more than £43.30 £45.00 £47.00
UK excluding London average hourly rate £21.76 £20.00 £17.50
% change year-on-year
+8.81% +14.28%

ASIC
Jobs Demand Trend in London

This chart provides a 3-month moving total of IT contractor jobs citing ASIC across the London region as a proportion of the total demand within the Miscellaneous category.

ASIC Jobs Demand Trend in London

ASIC
Daily Rate Trend in London

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

ASIC Daily Rate Trend in London

ASIC
Hourly Rate Trend in London

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

ASIC Hourly Rate Trend in London

ASIC
Top 22 Related IT Skills in London

For the 6 months to 3 September 2015, IT contractor jobs across the London region citing ASIC 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 ASIC.

1 12 (100.00%) EMIR
2 10 (83.33%) Dodd-Frank
2 10 (83.33%) Business Analysis
2 10 (83.33%) Foreign Exchange (FX)
2 10 (83.33%) Equities
3 8 (66.67%) Banking
3 8 (66.67%) MiFID
3 8 (66.67%) Investment Banking
4 7 (58.33%) Derivative
4 7 (58.33%) Stakeholder Management
4 7 (58.33%) Fixed Income
5 4 (33.33%) Middleware
5 4 (33.33%) FpML
5 4 (33.33%) Reference Data
6 3 (25.00%) HP Quality Center
7 1 (8.33%) Target Operating Model
7 1 (8.33%) Test Strategy
7 1 (8.33%) Degree
7 1 (8.33%) Project Management
7 1 (8.33%) DSL
7 1 (8.33%) Change Management
7 1 (8.33%) Front Office

ASIC
Top Related IT Skills in London by Category

For the 6 months to 3 September 2015, IT contractor jobs across the London region citing ASIC 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 ASIC. Up to 20 skills are shown per category.

Communications & Networking
1 1 (8.33%) DSL
General
1 8 (66.67%) Banking
1 8 (66.67%) Investment Banking
2 1 (8.33%) Front Office
Job Titles
1 10 (83.33%) Business Analyst
1 10 (83.33%) Analyst
2 3 (25.00%) Technical Analyst
2 3 (25.00%) Technical Business Analyst
3 2 (16.67%) Project Manager
4 1 (8.33%) Senior Reporting Analyst
4 1 (8.33%) Report Manager
4 1 (8.33%) Senior Technical Analyst
4 1 (8.33%) Senior Business Analyst
4 1 (8.33%) Report Analyst
4 1 (8.33%) Senior Analyst
Libraries, Frameworks & Software Standards
1 4 (33.33%) Middleware
1 4 (33.33%) FpML
Miscellaneous
1 10 (83.33%) Foreign Exchange (FX)
1 10 (83.33%) Equities
2 7 (58.33%) Derivative
2 7 (58.33%) Fixed Income
3 4 (33.33%) Reference Data
Processes & Methodologies
1 10 (83.33%) Business Analysis
2 7 (58.33%) Stakeholder Management
3 1 (8.33%) Test Strategy
3 1 (8.33%) Target Operating Model
3 1 (8.33%) Project Management
3 1 (8.33%) Change Management
Qualifications
1 1 (8.33%) Degree
Quality Assurance & Compliance
1 12 (100.00%) EMIR
2 10 (83.33%) Dodd-Frank
3 8 (66.67%) MiFID
Systems Management
1 3 (25.00%) HP Quality Center