The first table below looks at the demand for Minerva 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 Minerva over the 3 months to 17 May 2013 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 May 2013
Same period 2012 Same period 2011
Fidessa LatentZero Minerva
Rank 368 403 426
Rank change year-on-year
+35 +23
Contract jobs citing Minerva 17 3 11
As % of all contract IT jobs located in London 0.079% 0.011% 0.035%
As % of the Business Applications category 0.970% 0.138% 0.417%
Number of daily rates quoted 9 1 3
Average daily rate £450 £400 £600
Average daily rate % change year-on-year
+12.50% -33.33%
90% offered a daily rate of more than £425 £400 £480
10% offered a daily rate of more than £560 £400 £760
UK excluding London average daily rate £550 - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
All Business Applications
London
Contract IT job ads with a match in the
Business Applications category
1752 2173 2638
As % of all contract IT jobs located in London 8.114% 8.114% 8.444%
Number of daily rates quoted 1037 1180 1576
Average daily rate £454 £450 £500
Average daily rate % change year-on-year
+0.94% -10.00%
90% offered a daily rate of more than £300 £300 £325
10% offered a daily rate of more than £600 £625 £650
UK excluding London average daily rate £425 £438 £420
% change year-on-year
-2.85% +4.16%
Number of hourly rates quoted 24 7 26
Average hourly rate £32.00 £40.00 £34.50
Average hourly rate % change year-on-year
-20.00% +15.94%
90% offered a hourly rate of more than £12.40 £15.80 £11.00
10% offered a hourly rate of more than £90.00 £52.50 £62.50
UK excluding London average hourly rate £37.80 £22.92 £20.00
% change year-on-year
+64.92% +14.60%
Minerva
England

Minerva
Jobs Demand Trend

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

London Minerva Jobs Demand Trend

Minerva
Daily Rate Trend

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

London Minerva Daily Rate Trend

Minerva
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Minerva across the London region over the 3 months to 17 May 2013.

London Minerva Daily Rate Histogram

Minerva
Hourly Rate Trend

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

London Minerva Hourly Rate Trend

Minerva
Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Minerva within the London region over the 3 months to 17 May 2013. 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
(Click each for more statistics)
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
City of London +19 9 £525 +31.25%
Minerva
England

Minerva
Top 30 Related IT Skills

For the 6 months to 17 May 2013, IT contractor jobs across the London region citing Minerva 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 Minerva.

1 29 (80.56%) LatentZero
2 26 (72.22%) Tesseract
3 25 (69.44%) Sentinel
4 24 (66.67%) Front Office
5 20 (55.56%) Asset Management
6 18 (50.00%) Capstone
7 14 (38.89%) Charles River
7 14 (38.89%) Investment Management
8 12 (33.33%) thinkFolio
9 11 (30.56%) Fixed Income
10 9 (25.00%) Derivative
11 8 (22.22%) Foreign Exchange (FX)
11 8 (22.22%) SQL
12 7 (19.44%) Benchmarking
13 6 (16.67%) Release Management
13 6 (16.67%) Validation
14 5 (13.89%) Finance
14 5 (13.89%) Business Analysis
14 5 (13.89%) HP Quality Center
14 5 (13.89%) User Acceptance Testing
14 5 (13.89%) Performance Testing
15 4 (11.11%) Fidessa
15 4 (11.11%) Cadis
16 3 (8.333%) Twitter
16 3 (8.333%) Functional Testing
16 3 (8.333%) HTTP
16 3 (8.333%) HTTPS
16 3 (8.333%) Reuters
16 3 (8.333%) Bloomberg
16 3 (8.333%) Workflow

Minerva
Top Related IT Skills by Category

For the 6 months to 17 May 2013, IT contractor jobs across the London region citing Minerva 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 Minerva. Up to 20 skills are shown per category.

Applications
1 1 (2.778%) MS Project
Business Applications
1 29 (80.56%) LatentZero
2 26 (72.22%) Tesseract
3 25 (69.44%) Sentinel
4 18 (50.00%) Capstone
5 3 (8.333%) Eagle PACE
6 2 (5.556%) LongView
Communications & Networking
1 3 (8.333%) HTTP
1 3 (8.333%) HTTPS
Database & Business Intelligence
1 1 (2.778%) SQL Server
1 1 (2.778%) Data Warehouse
General
1 24 (66.67%) Front Office
2 5 (13.89%) Finance
3 3 (8.333%) Banking
3 3 (8.333%) Investment Banking
4 2 (5.556%) Financial Institution
5 1 (2.778%) Back Office
5 1 (2.778%) Telecoms
Job Titles
1 31 (86.11%) Analyst
2 17 (47.22%) Business Analyst
3 8 (22.22%) Test Analyst
4 6 (16.67%) Support Analyst
5 5 (13.89%) Applications Support
6 2 (5.556%) Applications Support Analyst
6 2 (5.556%) Project Manager
7 1 (2.778%) Applications Support Specialist
7 1 (2.778%) Functional Analyst
7 1 (2.778%) Lead Test Analyst
7 1 (2.778%) Banking Business Analyst
7 1 (2.778%) Investment Banking Business Analyst
7 1 (2.778%) Test Leader
7 1 (2.778%) Senior Business Analyst
7 1 (2.778%) Senior Analyst
7 1 (2.778%) Support Specialist
7 1 (2.778%) Applications Specialist
7 1 (2.778%) Tester
Miscellaneous
1 11 (30.56%) Fixed Income
2 9 (25.00%) Derivative
3 8 (22.22%) Foreign Exchange (FX)
4 2 (5.556%) Mainframe
4 2 (5.556%) Client/Server
5 1 (2.778%) Management Information System
5 1 (2.778%) Equities
Processes & Methodologies
1 20 (55.56%) Asset Management
2 14 (38.89%) Investment Management
3 7 (19.44%) Benchmarking
4 6 (16.67%) Validation
4 6 (16.67%) Release Management
5 5 (13.89%) User Acceptance Testing
5 5 (13.89%) Performance Testing
5 5 (13.89%) Business Analysis
6 3 (8.333%) Workflow
6 3 (8.333%) Fund Management
6 3 (8.333%) Functional Testing
7 2 (5.556%) Portfolio Management
7 2 (5.556%) Fund Accounting
7 2 (5.556%) Data Management
8 1 (2.778%) Project Planning
8 1 (2.778%) Project Management
8 1 (2.778%) Risk Management
8 1 (2.778%) Cash Management
8 1 (2.778%) Test Management
Programming Languages
1 8 (22.22%) SQL
2 2 (5.556%) VB
2 2 (5.556%) VBA
Quality Assurance & Compliance
1 2 (5.556%) SLA
Systems Management
1 5 (13.89%) HP Quality Center
Vendors
1 14 (38.89%) Charles River
2 12 (33.33%) thinkFolio
3 4 (11.11%) Cadis
3 4 (11.11%) Fidessa
4 3 (8.333%) Reuters
4 3 (8.333%) Bloomberg
4 3 (8.333%) Twitter
5 2 (5.556%) Informatica