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 contractor rates offered in IT contracts that have cited ASIC over the 3 months to 29 July 2016 with a comparison to the same period over 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.

3 months to
29 Jul 2016
Same period 2015 Same period 2014
Application-Specific Integrated Circuit (ASIC)
Rank 433 425 -
Rank change year-on-year
-8 -
Contract jobs citing ASIC 1 8 0
As % of all contract IT jobs located in London 0.005% 0.034% -
As % of the Miscellaneous category 0.012% 0.092% -
Number of daily rates quoted 0 6 0
Median daily rate - £631 -
UK excluding London median daily rate £340 - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £41.75 - £40.00
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
8166 8703 8970
As % of all contract IT jobs located in London 36.89% 36.94% 37.95%
Number of daily rates quoted 5742 6109 6057
Median daily rate £475 £475 £450
Median daily rate % change year-on-year
- +5.55%
90% offered a daily rate of more than £300 £275 £278
10% offered a daily rate of more than £650 £650 £625
UK excluding London median daily rate £385 £375 £350
% change year-on-year
+2.66% +7.14%
Number of hourly rates quoted 113 169 167
Median hourly rate £17.50 £20.00 £19.00
Median hourly rate % change year-on-year
-12.50% +5.26%
90% offered a hourly rate of more than £11.42 £14.00 £14.04
10% offered a hourly rate of more than £42.50 £52.17 £45.00
UK excluding London median hourly rate £21.50 £18.50 £20.50
% change year-on-year
+16.21% -9.75%

ASIC
Jobs Demand Trend in London

The demand trend of contract jobs across the London region citing ASIC as a proportion of all IT contracts with a match in 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 29 July 2016, IT contractor jobs citing ASIC also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the London region with a requirement for ASIC.

1 2 (100.00%) EMIR
2 1 (50.00%) Dodd-Frank
2 1 (50.00%) XML
2 1 (50.00%) Middleware
2 1 (50.00%) FpML
2 1 (50.00%) Financial Institution
2 1 (50.00%) GAP Analysis
2 1 (50.00%) Management Information System
2 1 (50.00%) Workflow
2 1 (50.00%) Finance
2 1 (50.00%) Legal
2 1 (50.00%) Fixed Income
2 1 (50.00%) Equities
2 1 (50.00%) Agile Software Development
2 1 (50.00%) Banking
2 1 (50.00%) Retail
2 1 (50.00%) Asset Management
2 1 (50.00%) Investment Banking
2 1 (50.00%) Business Analysis
2 1 (50.00%) MiFID
2 1 (50.00%) Reference Data
2 1 (50.00%) HP Quality Center

ASIC
Top Related IT Skills in London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

General
1 1 (50.00%) Banking
1 1 (50.00%) Finance
1 1 (50.00%) Financial Institution
1 1 (50.00%) Investment Banking
1 1 (50.00%) Legal
1 1 (50.00%) Retail
Job Titles
1 2 (100.00%) Analyst
2 1 (50.00%) Business Analyst
2 1 (50.00%) Business IT Analyst
2 1 (50.00%) IT Analyst
2 1 (50.00%) IT Business Analyst
2 1 (50.00%) MiFID Business Analyst
2 1 (50.00%) Regulatory Business Analyst
2 1 (50.00%) Technical Analyst
Libraries, Frameworks & Software Standards
1 1 (50.00%) FpML
1 1 (50.00%) Middleware
1 1 (50.00%) XML
Miscellaneous
1 1 (50.00%) Equities
1 1 (50.00%) Fixed Income
1 1 (50.00%) Management Information System
1 1 (50.00%) Reference Data
Processes & Methodologies
1 1 (50.00%) Agile Software Development
1 1 (50.00%) Asset Management
1 1 (50.00%) Business Analysis
1 1 (50.00%) GAP Analysis
1 1 (50.00%) Workflow
Quality Assurance & Compliance
1 2 (100.00%) EMIR
2 1 (50.00%) Dodd-Frank
2 1 (50.00%) MiFID
Systems Management
1 1 (50.00%) HP Quality Center