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 1 May 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
1 May 2015
Same period 2014 Same period 2013
Fidessa LatentZero
Rank 393 384 349
Rank change year-on-year
-9 -35
Contract jobs citing LatentZero 15 22 36
As % of all contract IT jobs located in London 0.067% 0.094% 0.16%
As % of the Business Applications category 0.84% 1.07% 1.83%
Number of daily rates quoted 14 19 31
Average daily rate
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of your Daily Rate
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£550 £575 £450
Average daily rate % change year-on-year
-4.34% +27.77%
90% offered a daily rate of more than £516 £450 £375
10% offered a daily rate of more than £700 £650 £600
UK excluding London average daily rate - £650 £550
% change year-on-year
- +18.18%
Number of hourly rates quoted 0 1 0
Average hourly rate - £50.00 -
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
1789 2060 1966
As % of all contract IT jobs located in London 7.99% 8.83% 8.94%
Number of daily rates quoted 1158 1325 1200
Average daily rate £480 £450 £450
Average daily rate % change year-on-year
+6.66% -
90% offered a daily rate of more than £320 £325 £300
10% offered a daily rate of more than £650 £625 £600
UK excluding London average daily rate £425 £400 £425
% change year-on-year
+6.25% -5.88%
Number of hourly rates quoted 5 7 21
Average hourly rate £19.00 £16.50 £23.39
Average hourly rate % change year-on-year
+15.15% -29.45%
90% offered a hourly rate of more than £16.40 £15.10 £18.25
10% offered a hourly rate of more than £127.00 £55.00 £54.88
UK excluding London average hourly rate £32.00 £37.49 £37.80
% change year-on-year
-14.64% -0.82%

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 1 May 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 1 May 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 -2 6 £569 +3.45% 1
LatentZero
England

LatentZero
Top 30 Related IT Skills in London

For the 6 months to 1 May 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 29 (100.00%) thinkFolio
2 24 (82.76%) Front Office
3 22 (75.86%) Asset Management
4 17 (58.62%) Fixed Income
4 17 (58.62%) Equities
5 15 (51.72%) Derivative
5 15 (51.72%) Fund Management
6 12 (41.38%) Fidessa
7 11 (37.93%) SQL
7 11 (37.93%) SQL Server
7 11 (37.93%) Bloomberg
7 11 (37.93%) Investment Management
8 10 (34.48%) Charles River
9 8 (27.59%) VBA
9 8 (27.59%) Oracle
10 7 (24.14%) Tesseract
10 7 (24.14%) Minerva
10 7 (24.14%) Sentinel
10 7 (24.14%) User Acceptance Testing
11 6 (20.69%) Management Information System
11 6 (20.69%) MS Access
11 6 (20.69%) Problem Management
12 5 (17.24%) Markit EDM
13 4 (13.79%) Finance
13 4 (13.79%) MS Excel
13 4 (13.79%) Analytical Skills
13 4 (13.79%) Agile Software Development
14 3 (10.34%) SQL Server Management Studio (SSMS)
14 3 (10.34%) Microsoft
14 3 (10.34%) Back Office

LatentZero
Top Related IT Skills in London by Category

For the 6 months to 1 May 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 4 (13.79%) MS Excel
2 1 (3.45%) Spreadsheet
Business Applications
1 29 (100.00%) thinkFolio
2 7 (24.14%) Tesseract
2 7 (24.14%) Minerva
2 7 (24.14%) Sentinel
3 5 (17.24%) Markit EDM
4 2 (6.90%) Eagle PACE
Database & Business Intelligence
1 11 (37.93%) SQL Server
2 6 (20.69%) MS Access
Development Applications
1 3 (10.34%) SQL Server Management Studio (SSMS)
General
1 24 (82.76%) Front Office
2 4 (13.79%) Finance
3 3 (10.34%) Back Office
4 2 (6.90%) Banking
4 2 (6.90%) Retail
5 1 (3.45%) Investment Banking
Job Titles
1 24 (82.76%) Analyst
2 8 (27.59%) Business Analyst
2 8 (27.59%) Developer
2 8 (27.59%) VBA Developer
3 7 (24.14%) Excel Developer
3 7 (24.14%) Support Analyst
4 6 (20.69%) Applications Support
4 6 (20.69%) Excel VBA Developer
5 5 (17.24%) Applications Support Analyst
5 5 (17.24%) Analyst Developer
6 4 (13.79%) Test Analyst
7 1 (3.45%) Applications Manager
7 1 (3.45%) Business Test Analyst
7 1 (3.45%) Testing Analyst
7 1 (3.45%) Senior Business Analyst
7 1 (3.45%) Senior Analyst
7 1 (3.45%) Support Manager
7 1 (3.45%) Applications Support Manager
7 1 (3.45%) Senior Test Analyst
7 1 (3.45%) Programme Manager
Miscellaneous
1 17 (58.62%) Fixed Income
1 17 (58.62%) Equities
2 15 (51.72%) Derivative
3 6 (20.69%) Management Information System
4 4 (13.79%) Analytical Skills
5 1 (3.45%) Data Integration
5 1 (3.45%) Foreign Exchange (FX)
Processes & Methodologies
1 22 (75.86%) Asset Management
2 15 (51.72%) Fund Management
3 11 (37.93%) Investment Management
4 7 (24.14%) User Acceptance Testing
5 6 (20.69%) Problem Management
6 4 (13.79%) Agile Software Development
7 2 (6.90%) Portfolio Management
7 2 (6.90%) Integration Testing
8 1 (3.45%) Software Testing
8 1 (3.45%) Business Analysis
8 1 (3.45%) Fund Accounting
8 1 (3.45%) Test Scripting
8 1 (3.45%) Change Control
8 1 (3.45%) Critical Success Factor
8 1 (3.45%) Change Management
8 1 (3.45%) Migration
Programming Languages
1 11 (37.93%) SQL
2 8 (27.59%) VBA
Systems Management
1 1 (3.45%) HP Quality Center
1 1 (3.45%) Control-M
Vendors
1 12 (41.38%) Fidessa
2 11 (37.93%) Bloomberg
3 10 (34.48%) Charles River
4 8 (27.59%) Oracle
5 3 (10.34%) Microsoft
6 1 (3.45%) FactSet
6 1 (3.45%) HP
6 1 (3.45%) Reuters