The table below looks at the statistics for Loan IQ 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 Loan IQ over the 3 months to 24 December 2014 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
24 Dec 2014
Same period 2013 Same period 2012
Misys Loan IQ
Rank 400 405 377
Rank change year-on-year
+5 -28
Contract jobs citing Loan IQ 3 12 11
As % of all contract IT jobs located in London 0.013% 0.050% 0.053%
As % of the Business Applications category 0.15% 0.55% 0.58%
Number of daily rates quoted 1 6 9
Average daily rate
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£400 £550 £340
Average daily rate % change year-on-year
-27.27% +61.76%
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Loan IQ
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
2029 2163 1892
As % of all contract IT jobs located in London 8.92% 9.09% 9.05%
Number of daily rates quoted 1314 1294 1104
Average daily rate £450 £450 £450
90% offered a daily rate of more than £300 £275 £303
10% offered a daily rate of more than £625 £600 £600
UK excluding London average daily rate £425 £425 £405
% change year-on-year
- +4.93%
Number of hourly rates quoted 11 16 14
Average hourly rate £42.50 £27.56 £41.25
Average hourly rate % change year-on-year
+54.20% -33.18%
90% offered a hourly rate of more than £19.50 £13.56 £18.79
10% offered a hourly rate of more than £87.00 £84.50 £50.00
UK excluding London average hourly rate £17.50 £35.00 £36.00
% change year-on-year
-50.00% -2.77%

Loan IQ
Jobs Demand Trend in London

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

Loan IQ Jobs Demand Trend in London

Loan IQ
Daily Rate Trend in London

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

Loan IQ Daily Rate Trend in London

Loan IQ
Hourly Rate Trend in London

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

Loan IQ Hourly Rate Trend in London

Loan IQ
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 Loan IQ within the London region over the 3 months to 24 December 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
(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 - - - - 1
Loan IQ
England

Loan IQ
Top 30 Related IT Skills in London

For the 6 months to 24 December 2014, IT contractor jobs across the London region citing Loan IQ 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 Loan IQ.

1 16 (69.57%) Data Modelling
2 12 (52.17%) Banking
3 11 (47.83%) Finance
4 10 (43.48%) Dodd-Frank
5 9 (39.13%) SQL
6 8 (34.78%) CGI
6 8 (34.78%) Misys
6 8 (34.78%) Change Management
6 8 (34.78%) Business Analysis
6 8 (34.78%) Wholesale Banking
6 8 (34.78%) Test Scripting
6 8 (34.78%) SWIFT
7 6 (26.09%) Analytical Skills
7 6 (26.09%) Use Case
7 6 (26.09%) Stakeholder Management
7 6 (26.09%) Legal
8 2 (8.70%) IIBA
8 2 (8.70%) CBAP
8 2 (8.70%) MBA
8 2 (8.70%) Degree
9 1 (4.35%) Business Analytics
9 1 (4.35%) Analytics
9 1 (4.35%) Marketing
9 1 (4.35%) Business Development
9 1 (4.35%) Digital Marketing
9 1 (4.35%) Programme Management
9 1 (4.35%) Enterprise Architecture
9 1 (4.35%) Java
9 1 (4.35%) BPR
9 1 (4.35%) SAP

Loan IQ
Top Related IT Skills in London by Category

For the 6 months to 24 December 2014, IT contractor jobs across the London region citing Loan IQ 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 Loan IQ. Up to 20 skills are shown per category.

General
1 12 (52.17%) Banking
2 11 (47.83%) Finance
3 8 (34.78%) Wholesale Banking
4 6 (26.09%) Legal
5 1 (4.35%) Manufacturing
5 1 (4.35%) Marketing
5 1 (4.35%) Telecoms
Job Titles
1 19 (82.61%) Analyst
2 17 (73.91%) Business Analyst
3 3 (13.04%) Consultant
4 2 (8.70%) Senior Analyst
4 2 (8.70%) Project Manager
5 1 (4.35%) Technical Analyst
5 1 (4.35%) Business Consultant
5 1 (4.35%) Senior Technical Analyst
5 1 (4.35%) Financial Business Analyst
5 1 (4.35%) Financial Analyst
5 1 (4.35%) Support Analyst
5 1 (4.35%) Senior Business Analyst
Libraries, Frameworks & Software Standards
1 8 (34.78%) CGI
Miscellaneous
1 8 (34.78%) SWIFT
2 6 (26.09%) Analytical Skills
Processes & Methodologies
1 16 (69.57%) Data Modelling
2 8 (34.78%) Change Management
2 8 (34.78%) Business Analysis
2 8 (34.78%) Test Scripting
3 6 (26.09%) Use Case
3 6 (26.09%) Stakeholder Management
4 1 (4.35%) Programme Management
4 1 (4.35%) Business Intelligence
4 1 (4.35%) BPR
4 1 (4.35%) Digital Marketing
4 1 (4.35%) Enterprise Architecture
4 1 (4.35%) Business Development
4 1 (4.35%) Business Analytics
4 1 (4.35%) Analytics
Programming Languages
1 9 (39.13%) SQL
2 1 (4.35%) Java
Qualifications
1 2 (8.70%) MBA
1 2 (8.70%) Degree
1 2 (8.70%) IIBA
1 2 (8.70%) CBAP
Quality Assurance & Compliance
1 10 (43.48%) Dodd-Frank
Vendors
1 8 (34.78%) Misys
2 1 (4.35%) SAP