The table below looks at the statistics for knowledge and experience of OpenLink products and/or services in IT contracts advertised for the London region. Included is a guide to the average contractor rates offered in IT contracts that have cited OpenLink over the 3 months to 27 February 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.

The figures below represent the IT contractor job market in general and are NOT representative of contractor rates within OpenLink Financial, Inc.

Location
3 months to
27 Feb 2015
Same period 2014 Same period 2013
OpenLink
Rank 369 366 330
Rank change year-on-year
-3 -36
Contract jobs citing OpenLink 30 18 41
As % of all contract IT jobs located in London 0.14% 0.083% 0.21%
As % of the Vendors category 0.31% 0.19% 0.46%
Number of daily rates quoted 25 12 23
Average daily rate
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£600 £750 £650
Average daily rate % change year-on-year
-20.00% +15.38%
90% offered a daily rate of more than £386 £555 £357
10% offered a daily rate of more than £700 £966 £850
UK excluding London average daily rate £750 - £775
Number of hourly rates quoted 0 0 1
Average hourly rate - - £49.00
UK excluding London average hourly rate - - -
OpenLink
England

The following table is for comparison with the above and provides statistics for the entire Vendors category in contract jobs advertised in the London region.

Vendors Category
London
Contract IT job ads with a match in the
Vendors category
9544 9705 8961
As % of all contract IT jobs located in London 44.96% 44.66% 45.27%
Number of daily rates quoted 6261 6202 5712
Average daily rate £425 £425 £425
90% offered a daily rate of more than £251 £250 £250
10% offered a daily rate of more than £575 £600 £588
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 180 212 239
Average hourly rate £19.63 £18.70 £19.00
Average hourly rate % change year-on-year
+4.94% -1.57%
90% offered a hourly rate of more than £12.50 £14.00 £12.00
10% offered a hourly rate of more than £42.50 £39.31 £42.50
UK excluding London average hourly rate £17.50 £17.50 £19.00
% change year-on-year
- -7.89%

OpenLink
Jobs Demand Trend in London

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

OpenLink Jobs Demand Trend in London

OpenLink
Daily Rate Trend in London

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

OpenLink Daily Rate Trend in London

OpenLink
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing OpenLink across the London region over the 3 months to 27 February 2015.

OpenLink Daily Rate Histogram in London

OpenLink
Hourly Rate Trend in London

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

OpenLink Hourly Rate Trend in London

OpenLink
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 OpenLink within the London region over the 3 months to 27 February 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 +22 8 £574 +43.43% 3
Mayfair - - - -
OpenLink
England

OpenLink
Top 30 Related IT Skills in London

For the 6 months to 27 February 2015, IT contractor jobs across the London region citing OpenLink 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 OpenLink.

1 33 (80.49%) Endur
2 14 (34.15%) C#
3 12 (29.27%) .NET
4 11 (26.83%) Agile Software Development
5 8 (19.51%) ETRM
5 8 (19.51%) SQL Server
5 8 (19.51%) Finance
6 7 (17.07%) Front Office
6 7 (17.07%) Back Office
6 7 (17.07%) Java
6 7 (17.07%) SQL
6 7 (17.07%) User Acceptance Testing
7 5 (12.20%) Derivative
7 5 (12.20%) Risk Management
8 4 (9.76%) Oracle
8 4 (9.76%) TIBCO
8 4 (9.76%) Banking
8 4 (9.76%) Logistics
8 4 (9.76%) Aligne
9 3 (7.32%) Stakeholder Engagement
9 3 (7.32%) Business Analysis
9 3 (7.32%) TIBCO EMS
9 3 (7.32%) Low Latency
10 2 (4.88%) Regression Testing
10 2 (4.88%) FIXML
10 2 (4.88%) Project Management
10 2 (4.88%) C
10 2 (4.88%) Murex
10 2 (4.88%) Calypso
10 2 (4.88%) FIX Protocol

OpenLink
Top Related IT Skills in London by Category

For the 6 months to 27 February 2015, IT contractor jobs across the London region citing OpenLink 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 OpenLink. Up to 20 skills are shown per category.

Application Platforms
1 3 (7.32%) TIBCO EMS
Business Applications
1 33 (80.49%) Endur
2 4 (9.76%) Aligne
3 2 (4.88%) OpenLink RightAngle
4 1 (2.44%) Findur
Database & Business Intelligence
1 8 (19.51%) SQL Server
General
1 8 (19.51%) Finance
2 7 (17.07%) Front Office
2 7 (17.07%) Back Office
3 4 (9.76%) Banking
4 1 (2.44%) Investment Banking
4 1 (2.44%) Marketing
Job Titles
1 22 (53.66%) Developer
2 18 (43.90%) Analyst
3 7 (17.07%) Business Analyst
4 4 (9.76%) Analyst Developer
5 3 (7.32%) Senior Business Analyst
5 3 (7.32%) Senior Analyst
5 3 (7.32%) .NET Developer
5 3 (7.32%) Analyst Programmer
5 3 (7.32%) Programmer
6 2 (4.88%) Applications Support
6 2 (4.88%) Consultant
6 2 (4.88%) C# Analyst Programmer
6 2 (4.88%) C# Programmer
7 1 (2.44%) Senior Developer
7 1 (2.44%) Architect
7 1 (2.44%) Project Manager
7 1 (2.44%) Technical Analyst
7 1 (2.44%) Java Developer
7 1 (2.44%) Support Manager
7 1 (2.44%) Applications Support Manager
Libraries, Frameworks & Software Standards
1 12 (29.27%) .NET
2 2 (4.88%) FIXML
2 2 (4.88%) .NET Framework
2 2 (4.88%) FIX Protocol
3 1 (2.44%) WPF
3 1 (2.44%) WinForms
Miscellaneous
1 5 (12.20%) Derivative
2 1 (2.44%) Foreign Exchange (FX)
Operating Systems
1 1 (2.44%) Windows
Processes & Methodologies
1 11 (26.83%) Agile Software Development
2 8 (19.51%) ETRM
3 7 (17.07%) User Acceptance Testing
4 5 (12.20%) Risk Management
5 4 (9.76%) Logistics
6 3 (7.32%) Business Analysis
6 3 (7.32%) Stakeholder Engagement
6 3 (7.32%) Low Latency
7 2 (4.88%) Analytics
7 2 (4.88%) Release Management
7 2 (4.88%) Project Management
7 2 (4.88%) Regression Testing
8 1 (2.44%) Stakeholder Management
8 1 (2.44%) Investment Management
8 1 (2.44%) Performance Management
8 1 (2.44%) Line Management
8 1 (2.44%) PRINCE2
Programming Languages
1 14 (34.15%) C#
2 7 (17.07%) Java
2 7 (17.07%) SQL
3 2 (4.88%) C
4 1 (2.44%) VBA
4 1 (2.44%) PowerShell
Qualifications
1 1 (2.44%) PRINCE2 Certification
Quality Assurance & Compliance
1 1 (2.44%) EMIR
1 1 (2.44%) Dodd-Frank
Vendors
1 4 (9.76%) Oracle
1 4 (9.76%) TIBCO
2 2 (4.88%) Murex
2 2 (4.88%) Calypso
3 1 (2.44%) Triple Point
3 1 (2.44%) Trayport
London
Lorien Resourcing
Rate: £500 - £550 per day
Posted: 2 days ago