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

The figures below represent the IT contractor job market in general and are NOT representative of contractor rates within Fundtech Ltd.

Location
3 months to
3 Jul 2015
Same period 2014 Same period 2013
Fundtech
Rank - 403 410
Contract jobs citing Fundtech 0 9 4
As % of all contract IT jobs located in London - 0.039% 0.017%
As % of the Vendors category - 0.088% 0.038%
Number of daily rates quoted 0 5 3
Average daily rate
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of your Daily Rate
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- £475 £500
Average daily rate % change year-on-year
- -5.00%
UK excluding London average daily rate £375 - £525
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Fundtech
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
10425 10213 10562
As % of all contract IT jobs located in London 44.69% 44.57% 45.15%
Number of daily rates quoted 6885 6528 6618
Average daily rate £425 £420 £425
Average daily rate % change year-on-year
+1.19% -1.17%
90% offered a daily rate of more than £250 £240 £265
10% offered a daily rate of more than £600 £575 £575
UK excluding London average daily rate £360 £350 £350
% change year-on-year
+2.85% -
Number of hourly rates quoted 258 208 303
Average hourly rate £19.88 £19.00 £20.00
Average hourly rate % change year-on-year
+4.60% -5.00%
90% offered a hourly rate of more than £12.56 £13.00 £12.00
10% offered a hourly rate of more than £52.17 £32.03 £46.80
UK excluding London average hourly rate £18.14 £17.00 £19.50
% change year-on-year
+6.70% -12.82%

Fundtech
Jobs Demand Trend in London

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

Fundtech Jobs Demand Trend in London

Fundtech
Daily Rate Trend in London

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

Fundtech Daily Rate Trend in London