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 21 April 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
21 Apr 2015
Same period 2014 Same period 2013
Misys Loan IQ
Rank 390 394 377
Rank change year-on-year
+4 -17
Contract jobs citing Loan IQ 13 12 13
As % of all contract IT jobs located in London 0.058% 0.050% 0.060%
As % of the Business Applications category 0.70% 0.55% 0.66%
Number of daily rates quoted 5 7 8
Average daily rate
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£500 £525 £538
Average daily rate % change year-on-year
-4.76% -2.32%
90% offered a daily rate of more than £470 £515 £411
10% offered a daily rate of more than £572 £560 £731
UK excluding London average daily rate £388 - -
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
1861 2174 1962
As % of all contract IT jobs located in London 8.32% 9.01% 9.08%
Number of daily rates quoted 1194 1424 1178
Average daily rate £475 £450 £459
Average daily rate % change year-on-year
+5.55% -1.88%
90% offered a daily rate of more than £313 £325 £300
10% offered a daily rate of more than £650 £625 £600
UK excluding London average daily rate £415 £400 £425
% change year-on-year
+3.75% -5.88%
Number of hourly rates quoted 10 9 15
Average hourly rate £30.00 £17.50 £23.39
Average hourly rate % change year-on-year
+71.42% -25.18%
90% offered a hourly rate of more than £16.22 £14.36 £16.00
10% offered a hourly rate of more than £62.50 £57.50 £90.00
UK excluding London average hourly rate £32.00 £33.00 £37.80
% change year-on-year
-3.03% -12.69%

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
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Loan IQ across the London region over the 3 months to 21 April 2015.

Loan IQ Daily Rate Histogram 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 21 April 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 +18 4 £530 -1.39% 1
Loan IQ
England

Loan IQ
Top 30 Related IT Skills in London

For the 6 months to 21 April 2015, 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 9 (60.00%) Data Modelling
2 8 (53.33%) Misys
2 8 (53.33%) Banking
3 7 (46.67%) Java
4 6 (40.00%) Oracle
4 6 (40.00%) XML
4 6 (40.00%) DataStage
5 4 (26.67%) IBM
5 4 (26.67%) Finance
5 4 (26.67%) IBM InfoSphere
6 3 (20.00%) Analytical Skills
6 3 (20.00%) Wholesale Banking
6 3 (20.00%) QA
6 3 (20.00%) Use Case
6 3 (20.00%) Data Migration
6 3 (20.00%) SWIFT
6 3 (20.00%) GoldenSource
6 3 (20.00%) Migration
6 3 (20.00%) Stakeholder Management
6 3 (20.00%) Business Analysis
6 3 (20.00%) Change Management
6 3 (20.00%) UNIX
6 3 (20.00%) Oracle Reports
6 3 (20.00%) MQSeries
6 3 (20.00%) Business Intelligence
6 3 (20.00%) CGI
7 2 (13.33%) SQL
7 2 (13.33%) Degree
8 1 (6.67%) Mathematics
8 1 (6.67%) Physics

Loan IQ
Top Related IT Skills in London by Category

For the 6 months to 21 April 2015, 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 3 (20.00%) MQSeries
Database & Business Intelligence
1 6 (40.00%) DataStage
2 4 (26.67%) IBM InfoSphere
3 3 (20.00%) Oracle Reports
General
1 8 (53.33%) Banking
2 4 (26.67%) Finance
3 3 (20.00%) Wholesale Banking
4 1 (6.67%) Back Office
4 1 (6.67%) Investment Banking
Job Titles
1 10 (66.67%) Developer
2 6 (40.00%) DataStage Developer
3 5 (33.33%) Analyst
4 4 (26.67%) Business Analyst
5 1 (6.67%) Financial Analyst
5 1 (6.67%) Consultant
5 1 (6.67%) Programmer
5 1 (6.67%) Support Analyst
5 1 (6.67%) Java Developer
Libraries, Frameworks & Software Standards
1 6 (40.00%) XML
2 3 (20.00%) CGI
Miscellaneous
1 3 (20.00%) SWIFT
1 3 (20.00%) Analytical Skills
2 1 (6.67%) Mathematics
2 1 (6.67%) Physics
2 1 (6.67%) Computer Science
Operating Systems
1 3 (20.00%) UNIX
Processes & Methodologies
1 9 (60.00%) Data Modelling
2 3 (20.00%) Business Intelligence
2 3 (20.00%) Change Management
2 3 (20.00%) Migration
2 3 (20.00%) Stakeholder Management
2 3 (20.00%) Business Analysis
2 3 (20.00%) Use Case
2 3 (20.00%) Data Migration
3 1 (6.67%) Business Development
3 1 (6.67%) Agile Software Development
Programming Languages
1 7 (46.67%) Java
2 2 (13.33%) SQL
Qualifications
1 2 (13.33%) Degree
2 1 (6.67%) IIBA
2 1 (6.67%) CBAP
2 1 (6.67%) MBA
Quality Assurance & Compliance
1 3 (20.00%) QA
Vendors
1 8 (53.33%) Misys
2 6 (40.00%) Oracle
3 4 (26.67%) IBM
4 3 (20.00%) GoldenSource
City of London
Real Staffing
Rate: £250 - £300 per day + competitive
Posted: 5 days ago