The table below looks at the statistics 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 5 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
5 Feb 2016
Same period 2015 Same period 2014
Fidessa LatentZero Minerva
Rank 405 - 389
Rank change year-on-year
- 0
Contract jobs citing Minerva 6 0 18
As % of all contract IT jobs located in London 0.028% - 0.083%
As % of the Business Applications category 0.37% - 0.87%
Number of daily rates quoted 4 0 7
Average daily rate £428 - £440
90% offered a daily rate of more than £425 - £425
10% offered a daily rate of more than £479 - £455
UK excluding London average daily rate £280 - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Minerva
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
1625 2005 2080
As % of all contract IT jobs located in London 7.68% 9.62% 9.63%
Number of daily rates quoted 1007 1275 1194
Average daily rate £463 £465 £450
Average daily rate % change year-on-year
-0.53% +3.33%
90% offered a daily rate of more than £313 £308 £299
10% offered a daily rate of more than £625 £625 £602
UK excluding London average daily rate £425 £425 £418
% change year-on-year
- +1.79%
Number of hourly rates quoted 9 11 22
Average hourly rate £55.00 £37.50 £27.50
Average hourly rate % change year-on-year
+46.66% +36.36%
90% offered a hourly rate of more than £17.75 £30.00 £16.36
10% offered a hourly rate of more than £100.00 £53.82 £80.00
UK excluding London average hourly rate £39.00 £17.50 £37.80
% change year-on-year
+122.85% -53.70%

Minerva
Jobs Demand Trend in London

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.

Minerva Jobs Demand Trend in London

Minerva
Daily Rate Trend in London

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

Minerva Daily Rate Trend in London

Minerva
Hourly Rate Trend in London

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

Minerva Hourly Rate Trend in London

Minerva
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 Minerva within the London region over the 3 months to 5 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 - 4 £425 -
Minerva
England

Minerva
Top 17 Related IT Skills in London

For the 6 months to 5 February 2016, 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 6 (100.00%) Fidessa
2 5 (83.33%) Tesseract
3 3 (50.00%) Sentinel
3 3 (50.00%) Finance
4 2 (33.33%) Front Office
4 2 (33.33%) User Acceptance Testing
4 2 (33.33%) Test Scripting
4 2 (33.33%) Investment Management
4 2 (33.33%) Functional Testing
4 2 (33.33%) Equities
5 1 (16.67%) SimCorp
5 1 (16.67%) SimCorp Dimension
5 1 (16.67%) QA
5 1 (16.67%) LatentZero
5 1 (16.67%) Asset Management
5 1 (16.67%) SQL
5 1 (16.67%) Fixed Income

Minerva
Top Related IT Skills in London by Category

For the 6 months to 5 February 2016, 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.

Business Applications
1 5 (83.33%) Tesseract
2 3 (50.00%) Sentinel
3 1 (16.67%) LatentZero
3 1 (16.67%) SimCorp Dimension
General
1 3 (50.00%) Finance
2 2 (33.33%) Front Office
Job Titles
1 3 (50.00%) Analyst
1 3 (50.00%) Systems Tester
1 3 (50.00%) Tester
2 2 (33.33%) Fidessa Analyst
2 2 (33.33%) Test Analyst
3 1 (16.67%) Asset Management Analyst
3 1 (16.67%) Business Support Analyst
3 1 (16.67%) Fidessa Support
3 1 (16.67%) Fidessa Support Analyst
3 1 (16.67%) Fidessa Test Analyst
3 1 (16.67%) Support Analyst
Miscellaneous
1 2 (33.33%) Equities
2 1 (16.67%) Fixed Income
Processes & Methodologies
1 2 (33.33%) Functional Testing
1 2 (33.33%) Investment Management
1 2 (33.33%) Test Scripting
1 2 (33.33%) User Acceptance Testing
2 1 (16.67%) Asset Management
Programming Languages
1 1 (16.67%) SQL
Quality Assurance & Compliance
1 1 (16.67%) QA
Vendors
1 6 (100.00%) Fidessa
2 1 (16.67%) SimCorp