The table below looks at the statistics for LatentZero 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 LatentZero over the 3 months to 28 August 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.

Location
3 months to
28 Aug 2015
Same period 2014 Same period 2013
Fidessa LatentZero
Rank 402 420 412
Rank change year-on-year
+18 -8
Contract jobs citing LatentZero 13 13 17
As % of all contract IT jobs located in London 0.055% 0.054% 0.068%
As % of the Business Applications category 0.72% 0.57% 0.77%
Number of daily rates quoted 9 11 10
Average daily rate
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of your Daily Rate
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£625 £600 £375
Average daily rate % change year-on-year
+4.16% +60.00%
90% offered a daily rate of more than £417 £500 £315
10% offered a daily rate of more than £635 £650 £628
UK excluding London average daily rate - - £328
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
LatentZero
England

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

Business Applications Category
London
Contract IT job ads with a match in the
Business Applications category
1814 2280 2213
As % of all contract IT jobs located in London 7.65% 9.52% 8.85%
Number of daily rates quoted 1124 1330 1396
Average daily rate £475 £475 £460
Average daily rate % change year-on-year
- +3.26%
90% offered a daily rate of more than £300 £325 £315
10% offered a daily rate of more than £631 £600 £600
UK excluding London average daily rate £425 £425 £400
% change year-on-year
- +6.25%
Number of hourly rates quoted 12 9 15
Average hourly rate £43.15 £30.82 £17.00
Average hourly rate % change year-on-year
+40.00% +81.29%
90% offered a hourly rate of more than £22.60 £13.23 £14.50
10% offered a hourly rate of more than £128.00 £32.82 £65.00
UK excluding London average hourly rate £21.64 £31.50 £17.50
% change year-on-year
-31.30% +80.00%

LatentZero
Jobs Demand Trend in London

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

LatentZero Jobs Demand Trend in London

LatentZero
Daily Rate Trend in London

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

LatentZero Daily Rate Trend in London

LatentZero
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing LatentZero across the London region over the 3 months to 28 August 2015.

LatentZero Daily Rate Histogram in London

LatentZero
Hourly Rate Trend in London

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

LatentZero Hourly Rate Trend in London

LatentZero
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 LatentZero within the London region over the 3 months to 28 August 2015. 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
(Use links below to see detailed
statistics and historical trends)
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
Live
Job
Vacancies
City of London 0 1 £475 -9.52% 3
LatentZero
England

LatentZero
Top 30 Related IT Skills in London

For the 6 months to 28 August 2015, IT contractor jobs across the London region citing LatentZero 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 LatentZero.

1 23 (95.83%) thinkFolio
2 17 (70.83%) Asset Management
3 16 (66.67%) Fixed Income
4 15 (62.50%) Derivative
5 13 (54.17%) Charles River
6 12 (50.00%) Front Office
7 11 (45.83%) Investment Management
8 10 (41.67%) Portfolio Management
8 10 (41.67%) Equities
9 9 (37.50%) Fidessa
9 9 (37.50%) Foreign Exchange (FX)
10 6 (25.00%) SQL
10 6 (25.00%) Finance
11 5 (20.83%) Back Office
11 5 (20.83%) Murex
11 5 (20.83%) BPR
11 5 (20.83%) CFA
11 5 (20.83%) User Acceptance Testing
11 5 (20.83%) Sentinel
11 5 (20.83%) Data Analysis
11 5 (20.83%) SimCorp
11 5 (20.83%) SimCorp Dimension
11 5 (20.83%) Sophis
12 4 (16.67%) Tesseract
12 4 (16.67%) Minerva
12 4 (16.67%) Reference Data
12 4 (16.67%) Analytics
12 4 (16.67%) Analytical Skills
12 4 (16.67%) Fund Management
13 3 (12.50%) Eagle PACE

LatentZero
Top Related IT Skills in London by Category

For the 6 months to 28 August 2015, IT contractor jobs across the London region citing LatentZero 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 LatentZero. Up to 20 skills are shown per category.

Applications
1 1 (4.17%) MS Excel
Business Applications
1 23 (95.83%) thinkFolio
2 5 (20.83%) Sentinel
2 5 (20.83%) SimCorp Dimension
3 4 (16.67%) Tesseract
3 4 (16.67%) Minerva
4 3 (12.50%) Eagle PACE
4 3 (12.50%) Markit EDM
Database & Business Intelligence
1 1 (4.17%) SQL Server
1 1 (4.17%) Oracle Database
Development Applications
1 1 (4.17%) SQL Server Management Studio (SSMS)
General
1 12 (50.00%) Front Office
2 6 (25.00%) Finance
3 5 (20.83%) Back Office
4 1 (4.17%) Banking
Job Titles
1 20 (83.33%) Analyst
2 7 (29.17%) Business Analyst
3 6 (25.00%) Support Analyst
4 5 (20.83%) Senior Business Analyst
4 5 (20.83%) Senior Analyst
5 4 (16.67%) Applications Support
5 4 (16.67%) Applications Support Analyst
6 2 (8.33%) Project Analyst
6 2 (8.33%) Data Analyst
6 2 (8.33%) Test Analyst
7 1 (4.17%) Programme Manager
7 1 (4.17%) Business Manager
7 1 (4.17%) Business Test Analyst
7 1 (4.17%) Testing Analyst
7 1 (4.17%) Senior Test Analyst
7 1 (4.17%) Project Manager
Libraries, Frameworks & Software Standards
1 1 (4.17%) FIX Protocol
Miscellaneous
1 16 (66.67%) Fixed Income
2 15 (62.50%) Derivative
3 10 (41.67%) Equities
4 9 (37.50%) Foreign Exchange (FX)
5 4 (16.67%) Analytical Skills
5 4 (16.67%) Reference Data
6 1 (4.17%) Data Integration
6 1 (4.17%) Equity Derivative
Processes & Methodologies
1 17 (70.83%) Asset Management
2 11 (45.83%) Investment Management
3 10 (41.67%) Portfolio Management
4 5 (20.83%) User Acceptance Testing
4 5 (20.83%) Data Analysis
4 5 (20.83%) BPR
5 4 (16.67%) Fund Management
5 4 (16.67%) Analytics
6 2 (8.33%) Data Validation
6 2 (8.33%) Validation
6 2 (8.33%) Enterprise Data Management
6 2 (8.33%) Data Management
7 1 (4.17%) Migration
7 1 (4.17%) Project Management
7 1 (4.17%) Change Management
7 1 (4.17%) Fund Accounting
7 1 (4.17%) SDLC
Programming Languages
1 6 (25.00%) SQL
Qualifications
1 5 (20.83%) CFA
Systems Management
1 2 (8.33%) HP Quality Center
Vendors
1 13 (54.17%) Charles River
2 9 (37.50%) Fidessa
3 5 (20.83%) Sophis
3 5 (20.83%) SimCorp
3 5 (20.83%) Murex
4 2 (8.33%) HP
5 1 (4.17%) Bloomberg
5 1 (4.17%) Oracle
5 1 (4.17%) Microsoft