The table below looks at the statistics for knowledge and experience of FactSet products and/or services in IT contracts advertised for the London region. Included is a guide to the contractor rates offered in IT contracts that have cited FactSet over the 3 months to 20 January 2017 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 FactSet Research Systems, Inc.

3 months to
20 Jan 2017
Same period 2016 Same period 2015
FactSet
England / London
Rank 403 414 397
Rank change year-on-year
+11 -17
Contract jobs citing FactSet 6 6 20
As % of all contract IT jobs located in London 0.031% 0.029% 0.094%
As % of the Vendors category 0.072% 0.070% 0.21%
Number of daily rates quoted 4 4 14
Median daily rate £208 £475 £250
Median daily rate % change year-on-year
-56.31% +90.00%
90% offered a daily rate of more than £175 £313 £205
10% offered a daily rate of more than £440 £550 £364
UK excluding London median daily rate - - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

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

Vendors Category
London
Contract IT job ads with a match in the
Vendors category
8384 8603 9540
As % of all contract IT jobs located in London 43.12% 40.97% 45.07%
Number of daily rates quoted 5602 5609 6361
Median daily rate £450 £438 £425
Median daily rate % change year-on-year
+2.85% +2.94%
90% offered a daily rate of more than £285 £250 £245
10% offered a daily rate of more than £600 £600 £575
UK excluding London median daily rate £388 £375 £370
% change year-on-year
+3.33% +1.35%
Number of hourly rates quoted 110 146 197
Median hourly rate £23.17 £22.50 £18.00
Median hourly rate % change year-on-year
+2.97% +25.00%
90% offered a hourly rate of more than £13.00 £11.75 £12.50
10% offered a hourly rate of more than £55.00 £50.00 £31.50
UK excluding London median hourly rate £18.50 £22.50 £17.00
% change year-on-year
-17.77% +32.35%

FactSet
Jobs Demand Trend in London

The demand trend of contract jobs across the London region citing FactSet as a proportion of all IT contracts with a match in the Vendors category.

FactSet Jobs Demand Trend in London

FactSet
Daily Rate Trend in London

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

FactSet Daily Rate Trend in London

FactSet
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing FactSet across the London region over the 3 months to 20 January 2017.

FactSet Daily Rate Histogram in London

FactSet
Hourly Rate Trend in London

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

FactSet Hourly Rate Trend in London

FactSet
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing FactSet within the London region over the 3 months to 20 January 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Canary Wharf - 1 £240 -
FactSet
England

FactSet
Top 30 Related IT Skills in London

For the 6 months to 20 January 2017, IT contractor jobs citing FactSet 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 FactSet.

1 14 (93.33%) Bloomberg
2 10 (66.67%) Finance
3 8 (53.33%) Windows
3 8 (53.33%) Windows 7
4 7 (46.67%) Active Directory
5 6 (40.00%) Reuters
6 5 (33.33%) Microsoft
6 5 (33.33%) MS Office
6 5 (33.33%) SQL
6 5 (33.33%) Asset Management
7 4 (26.67%) Banking
7 4 (26.67%) VMware
7 4 (26.67%) Fixed Income
8 3 (20.00%) Front Office
8 3 (20.00%) Symantec
8 3 (20.00%) Fidessa
8 3 (20.00%) Citrix
8 3 (20.00%) Microsoft Certification
8 3 (20.00%) MS Excel
8 3 (20.00%) DHCP
8 3 (20.00%) DNS
8 3 (20.00%) Eikon
9 2 (13.33%) Exchange Server 2010
9 2 (13.33%) Windows Server 2012
9 2 (13.33%) Windows 10
9 2 (13.33%) Windows Server
9 2 (13.33%) SaaS
9 2 (13.33%) FINCAD Analytics
9 2 (13.33%) Performance Attribution
9 2 (13.33%) Investment Banking

FactSet
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:

Application Platforms
1 2 (13.33%) Exchange Server 2010
1 2 (13.33%) MS Exchange
1 2 (13.33%) SharePoint
2 1 (6.67%) Blackberry Enterprise Server
2 1 (6.67%) Exchange Server 2007
2 1 (6.67%) IBM Notes
2 1 (6.67%) SharePoint 2013
2 1 (6.67%) Skype for Business
Applications
1 5 (33.33%) MS Office
2 3 (20.00%) MS Excel
Business Applications
1 3 (20.00%) Eikon
2 2 (13.33%) FINCAD Analytics
Cloud Services
1 2 (13.33%) SaaS
2 1 (6.67%) Amazon AWS
2 1 (6.67%) Azure Active Directory
2 1 (6.67%) IaaS
2 1 (6.67%) Microsoft Azure
2 1 (6.67%) Office 365
2 1 (6.67%) OneDrive
2 1 (6.67%) PaaS
Communications & Networking
1 3 (20.00%) DHCP
1 3 (20.00%) DNS
2 2 (13.33%) TCP/IP
3 1 (6.67%) Firewall
3 1 (6.67%) Internet
3 1 (6.67%) LAN
3 1 (6.67%) Remote Desktop
3 1 (6.67%) WAN
Database & Business Intelligence
1 1 (6.67%) SQL Server
General
1 10 (66.67%) Finance
2 4 (26.67%) Banking
3 3 (20.00%) Front Office
4 2 (13.33%) Investment Banking
5 1 (6.67%) Back Office
5 1 (6.67%) Financial Institution
5 1 (6.67%) Marketing
Job Titles
1 8 (53.33%) Analyst
2 6 (40.00%) Desktop Support
2 6 (40.00%) Support Analyst
3 5 (33.33%) Desktop Analyst
4 4 (26.67%) Desktop Support Analyst
5 3 (20.00%) Developer
6 2 (13.33%) Front Office Developer
6 2 (13.33%) Python Developer
6 2 (13.33%) Quantitative Developer
6 2 (13.33%) SQL Developer
7 1 (6.67%) 2nd Line Support Analyst
7 1 (6.67%) Banking Analyst
7 1 (6.67%) Business Consultant
7 1 (6.67%) Desktop Engineer
7 1 (6.67%) Desktop Support Engineer
7 1 (6.67%) Implementation Consultant
7 1 (6.67%) IT Project Manager
7 1 (6.67%) IT Support Analyst
7 1 (6.67%) Performance Analyst
7 1 (6.67%) Senior Business Consultant
Libraries, Frameworks & Software Standards
1 2 (13.33%) .NET
2 1 (6.67%) FIX Protocol
2 1 (6.67%) XMPP
Miscellaneous
1 4 (26.67%) Fixed Income
2 1 (6.67%) Analytical Skills
2 1 (6.67%) Blackberry
2 1 (6.67%) Equities
2 1 (6.67%) Fintech
2 1 (6.67%) Statistics
2 1 (6.67%) Video Conferencing
Operating Systems
1 8 (53.33%) Windows
1 8 (53.33%) Windows 7
2 2 (13.33%) Windows 10
2 2 (13.33%) Windows Server
2 2 (13.33%) Windows Server 2008
2 2 (13.33%) Windows Server 2012
3 1 (6.67%) Windows 8
Processes & Methodologies
1 5 (33.33%) Asset Management
2 2 (13.33%) ITIL
2 2 (13.33%) Performance Attribution
2 2 (13.33%) RAD
3 1 (6.67%) Analytics
3 1 (6.67%) Case Management
3 1 (6.67%) Configuration Management
3 1 (6.67%) Data Transformation
3 1 (6.67%) Investment Management
3 1 (6.67%) Line Management
3 1 (6.67%) Mobile Device Management
3 1 (6.67%) Multi-Factor Authentication
3 1 (6.67%) Patch Management
3 1 (6.67%) Process Improvement
3 1 (6.67%) Project Management
3 1 (6.67%) Release Management
3 1 (6.67%) Server Monitoring
3 1 (6.67%) Software Delivery
3 1 (6.67%) Software Deployment
3 1 (6.67%) Two-Factor Authentication
Programming Languages
1 5 (33.33%) SQL
2 2 (13.33%) MATLAB
2 2 (13.33%) PowerShell
2 2 (13.33%) Python
2 2 (13.33%) VBA
3 1 (6.67%) C#
3 1 (6.67%) Java
3 1 (6.67%) VB
3 1 (6.67%) VBScript
Qualifications
1 3 (20.00%) Microsoft Certification
2 2 (13.33%) Degree
2 2 (13.33%) MCP
3 1 (6.67%) CFA
3 1 (6.67%) HND
3 1 (6.67%) ITIL Certification
3 1 (6.67%) MCSA
3 1 (6.67%) MCSE
Quality Assurance & Compliance
1 2 (13.33%) SLA
System Software
1 7 (46.67%) Active Directory
2 2 (13.33%) VMware Infrastructure
3 1 (6.67%) Virtual Servers
3 1 (6.67%) vSphere
3 1 (6.67%) XenApp
3 1 (6.67%) XenDesktop
Systems Management
1 1 (6.67%) AirWatch
1 1 (6.67%) Microsoft Intune
1 1 (6.67%) Norton AntiVirus
1 1 (6.67%) Symantec Enterprise Vault
1 1 (6.67%) XenMobile
Vendors
1 14 (93.33%) Bloomberg
2 6 (40.00%) Reuters
3 5 (33.33%) Microsoft
4 4 (26.67%) VMware
5 3 (20.00%) Citrix
5 3 (20.00%) Fidessa
5 3 (20.00%) Symantec
6 2 (13.33%) StatPro
7 1 (6.67%) Advent
7 1 (6.67%) Avaya
7 1 (6.67%) Cisco
7 1 (6.67%) Google
7 1 (6.67%) Lotus
7 1 (6.67%) Oracle
7 1 (6.67%) Remedy
7 1 (6.67%) Sybase