The first table below looks at the demand for Greeks skills in IT contracts advertised for the London region. Included is a guide to the average contractor rates offered in IT contracts that have cited Greeks over the 3 months to 18 April 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all of the Processes & Methodologies category for the London region.

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
18 Apr 2014
Same period 2013 Same period 2012
Greeks
Rank 379 349 358
Rank change year-on-year
-30 +9
Contract jobs citing Greeks 33 40 65
As % of all contract IT jobs located in London 0.14% 0.19% 0.23%
As % of the Processes & Methodologies category 0.18% 0.24% 0.32%
Number of daily rates quoted 28 35 51
Average daily rate £581 £575 £550
Average daily rate % change year-on-year
+1.08% +4.54%
90% offered a daily rate of more than £425 £510 £400
10% offered a daily rate of more than £650 £650 £625
UK excluding London average daily rate - £600 -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Processes & Methodologies Category
London
Contract IT job ads with a match in the
Processes & Methodologies category
18535 16423 20573
As % of all contract IT jobs located in London 76.61% 76.02% 73.42%
Number of daily rates quoted 13086 11421 13439
Average daily rate £430 £450 £450
Average daily rate % change year-on-year
-4.44% -
90% offered a daily rate of more than £300 £300 £300
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £375 £360 £370
% change year-on-year
+4.16% -2.70%
Number of hourly rates quoted 234 222 328
Average hourly rate £24.00 £30.00 £29.50
Average hourly rate % change year-on-year
-20.00% +1.69%
90% offered a hourly rate of more than £13.50 £15.00 £15.00
10% offered a hourly rate of more than £50.00 £135.00 £45.00
UK excluding London average hourly rate £30.00 £32.00 £27.50
% change year-on-year
-6.25% +16.36%
Greeks
England

Greeks
Jobs Demand Trend in London

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

Greeks Jobs Demand Trend in London

Greeks
Daily Rate Trend in London

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

Greeks Daily Rate Trend in London

Greeks
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Greeks across the London region over the 3 months to 18 April 2014.

Greeks Daily Rate Histogram in London

Greeks
Hourly Rate Trend in London

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

Greeks Hourly Rate Trend in London

Greeks
Contract Job Locations in London

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Greeks within the London region over the 3 months to 18 April 2014. 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 each for more statistics)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Find
Job
Vacancies
City of London -11 17 £613 +11.36%
Greeks
England

Greeks
Top 30 Related IT Skills in London

For the 6 months to 18 April 2014, IT contractor jobs across the London region citing Greeks 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 Greeks.

1 31 (65.96%) Front Office
2 24 (51.06%) Derivative
3 23 (48.94%) C#
4 19 (40.43%) SQL
4 19 (40.43%) Banking
5 15 (31.91%) Investment Banking
6 14 (29.79%) Market Risk
7 10 (21.28%) Fixed Income
7 10 (21.28%) Risk Management
7 10 (21.28%) Foreign Exchange (FX)
7 10 (21.28%) C++
7 10 (21.28%) Java
7 10 (21.28%) VBA
8 9 (19.15%) .NET
8 9 (19.15%) WCF
8 9 (19.15%) Multithreading
9 7 (14.89%) Equity Derivative
9 7 (14.89%) Degree
9 7 (14.89%) RAD
10 6 (12.77%) Finance
11 5 (10.64%) ClearCase
11 5 (10.64%) JMS
11 5 (10.64%) Oracle
11 5 (10.64%) SQL Server
11 5 (10.64%) LINQ
11 5 (10.64%) Maven
11 5 (10.64%) Credit Risk
11 5 (10.64%) SQL Server 2008
11 5 (10.64%) Hudson
11 5 (10.64%) SQL Server 2012

Greeks
Top Related IT Skills in London by Category

For the 6 months to 18 April 2014, IT contractor jobs across the London region citing Greeks 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 Greeks. Up to 20 skills are shown per category.

Applications
1 1 (2.13%) Spreadsheet
1 1 (2.13%) MS Excel
Database & Business Intelligence
1 5 (10.64%) SQL Server
1 5 (10.64%) SQL Server 2008
1 5 (10.64%) SQL Server 2012
Development Applications
1 5 (10.64%) ClearCase
1 5 (10.64%) Maven
1 5 (10.64%) Hudson
General
1 31 (65.96%) Front Office
2 19 (40.43%) Banking
3 15 (31.91%) Investment Banking
4 6 (12.77%) Finance
Job Titles
1 29 (61.70%) Developer
2 16 (34.04%) Analyst
3 11 (23.40%) Business Analyst
4 9 (19.15%) Java Developer
4 9 (19.15%) C# Developer
5 7 (14.89%) Project Manager
6 5 (10.64%) Investment Banking Business Analyst
6 5 (10.64%) Project Analyst
6 5 (10.64%) Quantitative Analyst
6 5 (10.64%) Risk Analyst
6 5 (10.64%) RAD Developer
7 4 (8.51%) Market Risk Developer
7 4 (8.51%) Quantitative Developer
7 4 (8.51%) Analyst Developer
8 2 (4.26%) IT Business Analyst
8 2 (4.26%) Senior C# Developer
8 2 (4.26%) Market Risk Business Analyst
8 2 (4.26%) Market Analyst
8 2 (4.26%) Senior Developer
8 2 (4.26%) Market Risk Analyst
Libraries, Frameworks & Software Standards
1 9 (19.15%) .NET
1 9 (19.15%) WCF
2 5 (10.64%) JMS
2 5 (10.64%) LINQ
3 3 (6.38%) WinForms
3 3 (6.38%) WPF
4 2 (4.26%) .NET Framework
5 1 (2.13%) FpML
5 1 (2.13%) XML
Miscellaneous
1 24 (51.06%) Derivative
2 14 (29.79%) Market Risk
3 10 (21.28%) Fixed Income
3 10 (21.28%) Foreign Exchange (FX)
4 7 (14.89%) Equity Derivative
5 5 (10.64%) Credit Risk
6 4 (8.51%) Economics
6 4 (8.51%) Statistics
7 3 (6.38%) Credit Derivative
8 2 (4.26%) Computer Science
9 1 (2.13%) Equities
9 1 (2.13%) Mathematics
Processes & Methodologies
1 10 (21.28%) Risk Management
2 9 (19.15%) Multithreading
3 7 (14.89%) RAD
4 5 (10.64%) Analytics
5 4 (8.51%) Stress Testing
5 4 (8.51%) Stochastic Calculus
5 4 (8.51%) Quantitative Analysis
5 4 (8.51%) Econometrics
6 2 (4.26%) Business Analysis
6 2 (4.26%) Low Latency
7 1 (2.13%) Time Management
7 1 (2.13%) Monte Carlo Method
7 1 (2.13%) Regression Testing
7 1 (2.13%) Migration
7 1 (2.13%) Stakeholder Management
7 1 (2.13%) User Acceptance Testing
7 1 (2.13%) Algorithmic Trading
Programming Languages
1 23 (48.94%) C#
2 19 (40.43%) SQL
3 10 (21.28%) C++
3 10 (21.28%) Java
3 10 (21.28%) VBA
4 4 (8.51%) Scala
5 2 (4.26%) T-SQL
6 1 (2.13%) PL/SQL
Qualifications
1 7 (14.89%) Degree
Quality Assurance & Compliance
1 2 (4.26%) QA
Vendors
1 5 (10.64%) Oracle
2 1 (2.13%) Microsoft
2 1 (2.13%) TIBCO