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 26 May 2016 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
26 May 2016
Same period 2015 Same period 2014
FactSet
Rank 415 415 403
Rank change year-on-year
0 -12
Contract jobs citing FactSet 14 6 13
As % of all contract IT jobs located in London 0.064% 0.027% 0.057%
As % of the Vendors category 0.16% 0.061% 0.13%
Number of daily rates quoted 13 5 12
Median daily rate £330 £475 £475
Median daily rate % change year-on-year
-30.52% -
90% offered a daily rate of more than £228 £450 £354
10% offered a daily rate of more than £354 £700 £600
UK excluding London median daily rate £288 £550 -
% change year-on-year
-47.72% -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
FactSet
England

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
8973 9893 9906
As % of all contract IT jobs located in London 41.26% 44.47% 43.77%
Number of daily rates quoted 6153 6467 6462
Median daily rate £450 £425 £425
Median daily rate % change year-on-year
+5.88% -
90% offered a daily rate of more than £275 £255 £250
10% offered a daily rate of more than £600 £600 £588
UK excluding London median daily rate £380 £368 £350
% change year-on-year
+3.40% +5.00%
Number of hourly rates quoted 115 252 202
Median hourly rate £19.00 £19.00 £19.00
90% offered a hourly rate of more than £12.50 £13.09 £14.00
10% offered a hourly rate of more than £43.00 £50.00 £30.00
UK excluding London median hourly rate £20.00 £18.00 £17.50
% change year-on-year
+11.11% +2.85%

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 26 May 2016.

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 26 May 2016. 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
(Click see detailed
statistics and trends)
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
City of London +38 4 £328 -31.05% 3
Canary Wharf - 1 £240 -
FactSet
England

FactSet
Top 30 Related IT Skills in London

For the 6 months to 26 May 2016, 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 21 (95.45%) Bloomberg
2 19 (86.36%) Finance
3 17 (77.27%) Reuters
4 15 (68.18%) Front Office
4 15 (68.18%) Asset Management
5 11 (50.00%) Investment Management
6 10 (45.45%) Oracle BI EE
6 10 (45.45%) Charles River
6 10 (45.45%) Crystal Reports
7 9 (40.91%) VBA
8 8 (36.36%) Disaster Recovery
8 8 (36.36%) Problem Management
8 8 (36.36%) Portfolio Management
9 6 (27.27%) Windows 7
9 6 (27.27%) MS Office
9 6 (27.27%) Windows
10 4 (18.18%) MS Excel
10 4 (18.18%) SQL
10 4 (18.18%) Equities
10 4 (18.18%) Incident Management
10 4 (18.18%) Fund Management
11 3 (13.64%) Windows 8
11 3 (13.64%) Hedge funds
11 3 (13.64%) Eikon
11 3 (13.64%) Fixed Income
11 3 (13.64%) Fidessa
11 3 (13.64%) Microsoft
12 2 (9.09%) Active Directory
12 2 (9.09%) TCP/IP
12 2 (9.09%) HP

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 1 (4.55%) SharePoint
Applications
1 6 (27.27%) MS Office
2 4 (18.18%) MS Excel
3 1 (4.55%) MS PowerPoint
Business Applications
1 3 (13.64%) Eikon
Communications & Networking
1 2 (9.09%) TCP/IP
Database & Business Intelligence
1 10 (45.45%) Crystal Reports
1 10 (45.45%) Oracle BI EE
2 1 (4.55%) SQL Server
2 1 (4.55%) SQL Server Integration Services
2 1 (4.55%) SQL Server Reporting Services
Development Applications
1 1 (4.55%) Visual Studio
General
1 19 (86.36%) Finance
2 15 (68.18%) Front Office
3 2 (9.09%) Banking
3 2 (9.09%) Financial Institution
4 1 (4.55%) Investment Banking
Job Titles
1 13 (59.09%) Analyst
2 8 (36.36%) Support Analyst
3 6 (27.27%) Applications Support
4 4 (18.18%) Business Analyst
5 2 (9.09%) Applications Support Analyst
5 2 (9.09%) Asset Management Analyst
5 2 (9.09%) Charles River Support Analyst
5 2 (9.09%) Desktop Support
5 2 (9.09%) Investment Management Business Analyst
5 2 (9.09%) IT Analyst
5 2 (9.09%) IT Support
5 2 (9.09%) IT Support Analyst
6 1 (4.55%) 2nd Line Technical Support
6 1 (4.55%) 2nd Line Technical Support Analyst
6 1 (4.55%) Applications Support Specialist
6 1 (4.55%) Asset Management Business Analyst
6 1 (4.55%) Desktop Analyst
6 1 (4.55%) Regulatory Business Analyst
6 1 (4.55%) Support Manager
6 1 (4.55%) Technical Analyst
Libraries, Frameworks & Software Standards
1 1 (4.55%) .NET
Miscellaneous
1 4 (18.18%) Equities
2 3 (13.64%) Fixed Income
2 3 (13.64%) Hedge funds
3 2 (9.09%) BYOD
3 2 (9.09%) Mobile App
3 2 (9.09%) Smartphone
4 1 (4.55%) Blackberry
4 1 (4.55%) Credit Derivative
4 1 (4.55%) Derivative
4 1 (4.55%) Foreign Exchange (FX)
Operating Systems
1 6 (27.27%) Windows
1 6 (27.27%) Windows 7
2 3 (13.64%) Windows 8
3 2 (9.09%) Android
3 2 (9.09%) Apple iOS
4 1 (4.55%) Mac OS X
4 1 (4.55%) Windows 10
4 1 (4.55%) Windows Server
4 1 (4.55%) Windows Server 2012
Processes & Methodologies
1 15 (68.18%) Asset Management
2 11 (50.00%) Investment Management
3 8 (36.36%) Disaster Recovery
3 8 (36.36%) Portfolio Management
3 8 (36.36%) Problem Management
4 4 (18.18%) Fund Management
4 4 (18.18%) Incident Management
5 2 (9.09%) Process Improvement
6 1 (4.55%) Business Analysis
6 1 (4.55%) Business Development
6 1 (4.55%) Configuration Management
6 1 (4.55%) Data Architecture
6 1 (4.55%) Data Management
6 1 (4.55%) Data Reconciliation
6 1 (4.55%) ITIL
6 1 (4.55%) Project Management
6 1 (4.55%) Release Management
6 1 (4.55%) Server Monitoring
Programming Languages
1 9 (40.91%) VBA
2 4 (18.18%) SQL
3 2 (9.09%) PowerShell
4 1 (4.55%) C#
4 1 (4.55%) VB
Qualifications
1 1 (4.55%) ITIL Certification
Quality Assurance & Compliance
1 1 (4.55%) AIFMD
1 1 (4.55%) EMIR
1 1 (4.55%) MiFID
1 1 (4.55%) Solvency II
System Software
1 2 (9.09%) Active Directory
2 1 (4.55%) VMware Infrastructure
Vendors
1 21 (95.45%) Bloomberg
2 17 (77.27%) Reuters
3 10 (45.45%) Charles River
4 3 (13.64%) Fidessa
4 3 (13.64%) Microsoft
5 2 (9.09%) CQG
5 2 (9.09%) HP
6 1 (4.55%) Apple
6 1 (4.55%) Cisco
6 1 (4.55%) Citrix
6 1 (4.55%) Oracle
6 1 (4.55%) StatPro
6 1 (4.55%) Sybase
6 1 (4.55%) VMware