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 8 February 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.

Location
3 months to
8 Feb 2016
Same period 2015 Same period 2014
Fidessa LatentZero
Rank 401 407 403
Rank change year-on-year
+6 -4
Contract jobs citing LatentZero 7 11 10
As % of all contract IT jobs located in London 0.033% 0.052% 0.046%
As % of the Business Applications category 0.43% 0.55% 0.48%
Number of daily rates quoted 3 10 6
Average daily rate £400 £525 £456
Average daily rate % change year-on-year
-23.80% +15.06%
90% offered a daily rate of more than £260 £450 £440
10% offered a daily rate of more than £480 £658 £638
UK excluding London average daily rate - - -
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
1615 2012 2077
As % of all contract IT jobs located in London 7.63% 9.48% 9.61%
Number of daily rates quoted 1003 1280 1189
Average daily rate £458 £475 £450
Average daily rate % change year-on-year
-3.68% +5.55%
90% offered a daily rate of more than £313 £312 £300
10% offered a daily rate of more than £625 £625 £605
UK excluding London average daily rate £425 £425 £418
% change year-on-year
- +1.79%
Number of hourly rates quoted 7 11 23
Average hourly rate £55.00 £37.50 £27.50
Average hourly rate % change year-on-year
+46.66% +36.36%
90% offered a hourly rate of more than £21.50 £30.00 £16.40
10% offered a hourly rate of more than £100.00 £53.82 £80.00
UK excluding London average hourly rate £38.50 £17.75 £37.80
% change year-on-year
+116.90% -53.04%

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 8 February 2016.

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 8 February 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
(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 +52 5 £225 -53.84% 1
LatentZero
England

LatentZero
Top 30 Related IT Skills in London

For the 6 months to 8 February 2016, 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 12 (80.00%) Fixed Income
2 9 (60.00%) Asset Management
3 8 (53.33%) Fidessa
3 8 (53.33%) Front Office
4 7 (46.67%) Derivative
4 7 (46.67%) thinkFolio
5 5 (33.33%) Equities
5 5 (33.33%) Sentinel
5 5 (33.33%) Investment Management
6 4 (26.67%) Charles River
6 4 (26.67%) Foreign Exchange (FX)
6 4 (26.67%) Legal
7 3 (20.00%) Back Office
7 3 (20.00%) SQL
7 3 (20.00%) Analytics
7 3 (20.00%) Reference Data
7 3 (20.00%) Portfolio Management
8 2 (13.33%) Markit EDM
8 2 (13.33%) FIX Protocol
8 2 (13.33%) Finance
9 1 (6.67%) Tesseract
9 1 (6.67%) Minerva
9 1 (6.67%) Change Management
9 1 (6.67%) Validation
9 1 (6.67%) RDBMS
9 1 (6.67%) Oracle
9 1 (6.67%) XML
9 1 (6.67%) Salesforce.com
9 1 (6.67%) webMethods
9 1 (6.67%) Bloomberg

LatentZero
Top Related IT Skills in London by Category

For the 6 months to 8 February 2016, 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.

Business Applications
1 7 (46.67%) thinkFolio
2 5 (33.33%) Sentinel
3 2 (13.33%) Markit EDM
4 1 (6.67%) Eagle PACE
4 1 (6.67%) Minerva
4 1 (6.67%) Tesseract
Database & Business Intelligence
1 1 (6.67%) Oracle Database
1 1 (6.67%) RDBMS
1 1 (6.67%) Relational Database
General
1 8 (53.33%) Front Office
2 4 (26.67%) Legal
3 3 (20.00%) Back Office
4 2 (13.33%) Finance
Job Titles
1 12 (80.00%) Analyst
2 6 (40.00%) Senior Analyst
3 5 (33.33%) Business Analyst
3 5 (33.33%) Senior Business Analyst
4 3 (20.00%) Investment Management Business Analyst
4 3 (20.00%) Senior Programme Analyst
5 2 (13.33%) Applications Support
5 2 (13.33%) Applications Support Analyst
5 2 (13.33%) Asset Management Analyst
5 2 (13.33%) Fidessa Analyst
5 2 (13.33%) Fixed Income Business Analyst
5 2 (13.33%) Front Office Business Analyst
5 2 (13.33%) Graduate
5 2 (13.33%) Support Analyst
6 1 (6.67%) Data Analyst
6 1 (6.67%) Senior Test Analyst
6 1 (6.67%) Systems Analyst
6 1 (6.67%) Systems Tester
6 1 (6.67%) Test Analyst
6 1 (6.67%) Tester
Libraries, Frameworks & Software Standards
1 2 (13.33%) FIX Protocol
2 1 (6.67%) XML
Miscellaneous
1 12 (80.00%) Fixed Income
2 7 (46.67%) Derivative
3 5 (33.33%) Equities
4 4 (26.67%) Foreign Exchange (FX)
5 3 (20.00%) Reference Data
6 1 (6.67%) Analytical Skills
Processes & Methodologies
1 9 (60.00%) Asset Management
2 5 (33.33%) Investment Management
3 3 (20.00%) Analytics
3 3 (20.00%) Portfolio Management
4 1 (6.67%) Change Management
4 1 (6.67%) Data Management
4 1 (6.67%) Data Validation
4 1 (6.67%) Electronic Trading
4 1 (6.67%) Enterprise Data Management
4 1 (6.67%) Fund Management
4 1 (6.67%) User Acceptance Testing
4 1 (6.67%) Validation
Programming Languages
1 3 (20.00%) SQL
2 1 (6.67%) Java
Systems Management
1 1 (6.67%) HP Quality Center
Vendors
1 8 (53.33%) Fidessa
2 4 (26.67%) Charles River
3 1 (6.67%) Bloomberg
3 1 (6.67%) Eze Castle Integration
3 1 (6.67%) HP
3 1 (6.67%) Oracle
3 1 (6.67%) Salesforce.com
3 1 (6.67%) StatPro
3 1 (6.67%) webMethods