The first table below looks at the demand 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 17 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 Business Applications 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
17 Apr 2014
Same period 2013 Same period 2012
Misys Loan IQ
Rank 400 365 427
Rank change year-on-year
-35 +62
Contract jobs citing Loan IQ 12 13 2
As % of all contract IT jobs located in London 0.050% 0.060% 0.007%
As % of the Business Applications category 0.56% 0.69% 0.083%
Number of daily rates quoted 7 8 2
Average daily rate £525 £538 £525
Average daily rate % change year-on-year
-2.32% +2.38%
90% offered a daily rate of more than £515 £411 £505
10% offered a daily rate of more than £560 £731 £545
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Business Applications Category
London
Contract IT job ads with a match in the
Business Applications category
2150 1897 2419
As % of all contract IT jobs located in London 8.88% 8.77% 8.64%
Number of daily rates quoted 1397 1141 1345
Average daily rate £450 £460 £450
Average daily rate % change year-on-year
-2.17% +2.22%
90% offered a daily rate of more than £320 £300 £313
10% offered a daily rate of more than £625 £600 £600
UK excluding London average daily rate £400 £425 £433
% change year-on-year
-5.88% -1.73%
Number of hourly rates quoted 10 15 7
Average hourly rate £17.32 £23.39 £27.50
Average hourly rate % change year-on-year
-25.95% -14.94%
90% offered a hourly rate of more than £13.60 £15.50 £12.42
10% offered a hourly rate of more than £57.50 £81.00 £53.41
UK excluding London average hourly rate £33.00 £37.80 £20.00
% change year-on-year
-12.69% +89.00%
Loan IQ
England

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
Top 30 Related IT Skills in London

For the 6 months to 17 April 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 13 (46.43%) Banking
2 11 (39.29%) Investment Banking
3 10 (35.71%) Data Modelling
4 7 (25.00%) Test Scripting
5 6 (21.43%) User Acceptance Testing
5 6 (21.43%) Misys
6 5 (17.86%) Java
6 5 (17.86%) SQL
7 4 (14.29%) Foreign Exchange (FX)
7 4 (14.29%) DataStage
7 4 (14.29%) Systems Analysis
8 3 (10.71%) Business Analysis
8 3 (10.71%) Dodd-Frank
9 2 (7.14%) IBM InfoSphere
9 2 (7.14%) Legal
9 2 (7.14%) Back Office
9 2 (7.14%) Oracle
9 2 (7.14%) ETL
9 2 (7.14%) XML
9 2 (7.14%) UNIX
9 2 (7.14%) MQSeries
10 1 (3.57%) CSS
10 1 (3.57%) JavaScript
10 1 (3.57%) RPG
10 1 (3.57%) Telecoms
10 1 (3.57%) Finance
10 1 (3.57%) Ajax
10 1 (3.57%) SimCorp
10 1 (3.57%) Credit Risk
10 1 (3.57%) Spring

Loan IQ
Top Related IT Skills in London by Category

For the 6 months to 17 April 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.

Application Platforms
1 2 (7.14%) MQSeries
Database & Business Intelligence
1 4 (14.29%) DataStage
2 2 (7.14%) IBM InfoSphere
General
1 13 (46.43%) Banking
2 11 (39.29%) Investment Banking
3 2 (7.14%) Back Office
3 2 (7.14%) Legal
4 1 (3.57%) Telecoms
4 1 (3.57%) Finance
Job Titles
1 16 (57.14%) Business Analyst
1 16 (57.14%) Analyst
2 7 (25.00%) Developer
3 4 (14.29%) DataStage Developer
4 3 (10.71%) Technical Business Analyst
4 3 (10.71%) Technical Analyst
5 2 (7.14%) Senior Developer
5 2 (7.14%) Java Developer
5 2 (7.14%) Senior DataStage Developer
6 1 (3.57%) Credit Risk Analyst
6 1 (3.57%) Credit Risk Business Analyst
6 1 (3.57%) Test Manager
Libraries, Frameworks & Software Standards
1 2 (7.14%) XML
2 1 (3.57%) Spring
2 1 (3.57%) Ajax
2 1 (3.57%) CSS
Miscellaneous
1 4 (14.29%) Foreign Exchange (FX)
2 1 (3.57%) Credit Risk
2 1 (3.57%) iSeries
Operating Systems
1 2 (7.14%) UNIX
Processes & Methodologies
1 10 (35.71%) Data Modelling
2 7 (25.00%) Test Scripting
3 6 (21.43%) User Acceptance Testing
4 4 (14.29%) Systems Analysis
5 3 (10.71%) Business Analysis
6 2 (7.14%) ETL
7 1 (3.57%) Asset Management
7 1 (3.57%) Test Management
Programming Languages
1 5 (17.86%) Java
1 5 (17.86%) SQL
2 1 (3.57%) C#
2 1 (3.57%) JavaScript
2 1 (3.57%) RPG
Quality Assurance & Compliance
1 3 (10.71%) Dodd-Frank
Vendors
1 6 (21.43%) Misys
2 2 (7.14%) Oracle
3 1 (3.57%) SimCorp
3 1 (3.57%) Wall Street Systems