The table below looks at the statistics for Markit EDM 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 Markit EDM over the 3 months to 10 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
10 Feb 2016
Same period 2015 Same period 2014
Markit Enterprise Data Management (formerly Cadis)
Rank 371 307 352
Rank change year-on-year
-64 +45
Contract jobs citing Markit EDM 37 108 55
As % of all contract IT jobs located in London 0.17% 0.51% 0.25%
As % of the Business Applications category 2.30% 5.40% 2.60%
Number of daily rates quoted 25 88 38
Average daily rate £550 £550 £550
90% offered a daily rate of more than £390 £450 £450
10% offered a daily rate of more than £690 £700 £600
UK excluding London average daily rate £525 £525 £550
% change year-on-year
- -4.54%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Markit EDM
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
1609 2000 2113
As % of all contract IT jobs located in London 7.60% 9.43% 9.60%
Number of daily rates quoted 988 1268 1213
Average daily rate £455 £475 £450
Average daily rate % change year-on-year
-4.21% +5.55%
90% offered a daily rate of more than £313 £306 £300
10% offered a daily rate of more than £625 £625 £600
UK excluding London average daily rate £425 £425 £415
% change year-on-year
- +2.40%
Number of hourly rates quoted 7 11 24
Average hourly rate £55.00 £37.50 £25.00
Average hourly rate % change year-on-year
+46.66% +50.00%
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 £75.20
UK excluding London average hourly rate £38.50 £17.75 £35.00
% change year-on-year
+116.90% -49.28%

Markit EDM
Jobs Demand Trend in London

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

Markit EDM Jobs Demand Trend in London

Markit EDM
Daily Rate Trend in London

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

Markit EDM Daily Rate Trend in London

Markit EDM
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Markit EDM across the London region over the 3 months to 10 February 2016.

Markit EDM Daily Rate Histogram in London

Markit EDM
Hourly Rate Trend in London

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

Markit EDM Hourly Rate Trend in London

Markit EDM
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 Markit EDM within the London region over the 3 months to 10 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 +9 14 £469 -21.87% 8
Markit EDM
England

Markit EDM
Top 30 Related IT Skills in London

For the 6 months to 10 February 2016, IT contractor jobs across the London region citing Markit EDM 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 Markit EDM.

1 35 (54.69%) Finance
2 29 (45.31%) SQL
3 28 (43.75%) Asset Management
4 23 (35.94%) SQL Server
5 22 (34.38%) Investment Management
6 17 (26.56%) Derivative
7 16 (25.00%) SQL Server Integration Services
7 16 (25.00%) Equities
8 14 (21.88%) T-SQL
9 13 (20.31%) Fixed Income
9 13 (20.31%) Banking
10 12 (18.75%) Data Analysis
10 12 (18.75%) JIRA
10 12 (18.75%) Bloomberg
10 12 (18.75%) Solvency II
11 11 (17.19%) Reference Data
11 11 (17.19%) Data Management
11 11 (17.19%) Subversion
12 10 (15.63%) Investment Banking
12 10 (15.63%) Reuters
12 10 (15.63%) Degree
12 10 (15.63%) C#
12 10 (15.63%) ETL
13 9 (14.06%) Web Services
13 9 (14.06%) Sybase
13 9 (14.06%) Unix
13 9 (14.06%) Migration
13 9 (14.06%) Test Scripting
13 9 (14.06%) QA
14 8 (12.50%) Equity Derivative

Markit EDM
Top Related IT Skills in London by Category

For the 6 months to 10 February 2016, IT contractor jobs across the London region citing Markit EDM 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 Markit EDM. Up to 20 skills are shown per category.

Applications
1 1 (1.56%) MS Office
1 1 (1.56%) Spreadsheet
Business Applications
1 3 (4.69%) Eagle PACE
2 2 (3.13%) LatentZero
2 2 (3.13%) thinkFolio
3 1 (1.56%) PolarLake
3 1 (1.56%) Salerio
3 1 (1.56%) SimCorp Dimension
Communications & Networking
1 2 (3.13%) SAN
Database & Business Intelligence
1 23 (35.94%) SQL Server
2 16 (25.00%) SQL Server Integration Services
3 7 (10.94%) SQL Server Reporting Services
4 6 (9.38%) Data Warehouse
5 4 (6.25%) SQL Server 2008
6 3 (4.69%) DTS
7 1 (1.56%) BusinessObjects
7 1 (1.56%) Crystal Reports
7 1 (1.56%) MS Access
7 1 (1.56%) OLAP
7 1 (1.56%) SSDT
Development Applications
1 12 (18.75%) JIRA
2 11 (17.19%) Subversion
3 8 (12.50%) ClearCase
3 8 (12.50%) ClearQuest
4 4 (6.25%) TeamCity
5 2 (3.13%) Team Foundation Server
6 1 (1.56%) FitNesse
6 1 (1.56%) SoapUI
General
1 35 (54.69%) Finance
2 13 (20.31%) Banking
3 10 (15.63%) Investment Banking
4 3 (4.69%) Front Office
5 2 (3.13%) Back Office
6 1 (1.56%) Financial Institution
6 1 (1.56%) Retail
Job Titles
1 31 (48.44%) Developer
2 25 (39.06%) Analyst
3 15 (23.44%) Business Analyst
4 11 (17.19%) Data Business Analyst
5 10 (15.63%) Asset Management Analyst
6 8 (12.50%) Database Developer
6 8 (12.50%) Database Programmer
6 8 (12.50%) Programmer
6 8 (12.50%) Solvency II Business Analyst
6 8 (12.50%) Sybase Developer
7 7 (10.94%) Asset Management Business Analyst
8 5 (7.81%) Data Analyst
8 5 (7.81%) Insurance Business Analyst
9 4 (6.25%) Senior Analyst
9 4 (6.25%) SQL Analyst
9 4 (6.25%) SQL Developer
10 3 (4.69%) Analyst Developer
10 3 (4.69%) Business Intelligence Analyst
10 3 (4.69%) Project Manager
10 3 (4.69%) Senior Business Analyst
Libraries, Frameworks & Software Standards
1 9 (14.06%) Web Services
2 6 (9.38%) XML
3 5 (7.81%) WSDL
4 1 (1.56%) .NET
4 1 (1.56%) ASP.NET
4 1 (1.56%) Middleware
4 1 (1.56%) Silverlight
4 1 (1.56%) SOAP
Miscellaneous
1 17 (26.56%) Derivative
2 16 (25.00%) Equities
3 13 (20.31%) Fixed Income
4 11 (17.19%) Reference Data
5 8 (12.50%) Enterprise Software
5 8 (12.50%) Equity Derivative
5 8 (12.50%) Foreign Exchange (FX)
6 3 (4.69%) Analytical Skills
7 2 (3.13%) HP Storage
8 1 (1.56%) Data Structures
8 1 (1.56%) Market Risk
8 1 (1.56%) Wiki
Operating Systems
1 9 (14.06%) Unix
2 2 (3.13%) Windows
2 2 (3.13%) Windows Server
2 2 (3.13%) Windows Server 2012
Processes & Methodologies
1 28 (43.75%) Asset Management
2 22 (34.38%) Investment Management
3 12 (18.75%) Data Analysis
4 11 (17.19%) Data Management
5 10 (15.63%) ETL
6 9 (14.06%) Migration
6 9 (14.06%) Test Scripting
7 8 (12.50%) Analytics
7 8 (12.50%) Configuration Management
7 8 (12.50%) Data Cleansing
7 8 (12.50%) Issue Tracking
8 7 (10.94%) Fund Management
9 4 (6.25%) Agile Software Development
9 4 (6.25%) Business Intelligence
9 4 (6.25%) Enterprise Data Management
10 3 (4.69%) Project Management
10 3 (4.69%) SDLC
11 2 (3.13%) Liability-Driven Investment
11 2 (3.13%) Non-Functional Testing
11 2 (3.13%) Stakeholder Management
Programming Languages
1 29 (45.31%) SQL
2 14 (21.88%) T-SQL
3 10 (15.63%) C#
4 8 (12.50%) Perl
5 1 (1.56%) Java
5 1 (1.56%) Python
5 1 (1.56%) VB
5 1 (1.56%) VBA
Qualifications
1 10 (15.63%) Degree
2 1 (1.56%) ISEB
2 1 (1.56%) ISTQB
2 1 (1.56%) ITIL Certification
Quality Assurance & Compliance
1 12 (18.75%) Solvency II
2 9 (14.06%) QA
3 1 (1.56%) AIFMD
3 1 (1.56%) Data Quality
3 1 (1.56%) EMIR
3 1 (1.56%) MiFID
3 1 (1.56%) SLA
System Software
1 2 (3.13%) Active Directory
1 2 (3.13%) VMware Infrastructure
Systems Management
1 3 (4.69%) Control-M
1 3 (4.69%) HP Quality Center
Vendors
1 12 (18.75%) Bloomberg
2 10 (15.63%) Reuters
3 9 (14.06%) Sybase
4 8 (12.50%) DataSynapse
5 6 (9.38%) Charles River
6 4 (6.25%) HP
6 4 (6.25%) Microsoft
7 2 (3.13%) Oracle
7 2 (3.13%) VMware
8 1 (1.56%) GoldenSource
8 1 (1.56%) Informatica
8 1 (1.56%) Remedy
8 1 (1.56%) SimCorp
8 1 (1.56%) SmartCo