The table below looks at the statistics for RMDS 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 RMDS over the 3 months to 22 October 2014 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
22 Oct 2014
Same period 2013 Same period 2012
Reuters Market Data System (RMDS)
Rank 386 373 352
Rank change year-on-year
-13 -21
Contract jobs citing RMDS 28 60 52
As % of all contract IT jobs located in London 0.12% 0.24% 0.21%
As % of the Business Applications category 1.31% 2.75% 2.13%
Number of daily rates quoted 25 44 39
Average daily rate
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of your Daily Rate
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£625 £625 £475
Average daily rate % change year-on-year
- +31.57%
90% offered a daily rate of more than £563 £575 £350
10% offered a daily rate of more than £662 £725 £600
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
RMDS
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
2131 2182 2437
As % of all contract IT jobs located in London 8.77% 8.64% 9.88%
Number of daily rates quoted 1395 1377 1445
Average daily rate £450 £450 £470
Average daily rate % change year-on-year
- -4.25%
90% offered a daily rate of more than £313 £285 £315
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £425 £400 £425
% change year-on-year
+6.25% -5.88%
Number of hourly rates quoted 13 11 14
Average hourly rate £19.50 £17.00 £42.00
Average hourly rate % change year-on-year
+14.70% -59.52%
90% offered a hourly rate of more than £13.00 £14.50 £20.50
10% offered a hourly rate of more than £129.25 £33.50 £50.00
UK excluding London average hourly rate £29.75 £22.50 £35.00
% change year-on-year
+32.22% -35.71%

RMDS
Jobs Demand Trend in London

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

RMDS Jobs Demand Trend in London

RMDS
Daily Rate Trend in London

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

RMDS Daily Rate Trend in London

RMDS
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing RMDS across the London region over the 3 months to 22 October 2014.

RMDS Daily Rate Histogram in London

RMDS
Hourly Rate Trend in London

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

RMDS Hourly Rate Trend in London

RMDS
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 RMDS within the London region over the 3 months to 22 October 2014. 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 +10 16 £620 -0.80% 4
Docklands, London - - - -
RMDS
England

RMDS
Top 30 Related IT Skills in London

For the 6 months to 22 October 2014, IT contractor jobs across the London region citing RMDS 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 RMDS.

1 57 (83.82%) Java
2 41 (60.29%) Agile Software Development
3 37 (54.41%) Banking
4 34 (50.00%) Linux
5 32 (47.06%) 29West
6 29 (42.65%) Front Office
6 29 (42.65%) SQL
7 26 (38.24%) UNIX
8 25 (36.76%) Foreign Exchange (FX)
9 22 (32.35%) TIBCO
9 22 (32.35%) Finance
9 22 (32.35%) Low Latency
10 20 (29.41%) Fixed Income
10 20 (29.41%) Oracle
11 18 (26.47%) Rendezvous
12 17 (25.00%) ION Trading
12 17 (25.00%) Multithreading
13 16 (23.53%) TDD
14 15 (22.06%) Investment Banking
14 15 (22.06%) ION MarketView
15 13 (19.12%) DevOps
15 13 (19.12%) HTML
16 12 (17.65%) Solaris
16 12 (17.65%) E-Commerce
17 11 (16.18%) Risk Management
17 11 (16.18%) JIRA
18 10 (14.71%) Firewall
18 10 (14.71%) Financial Institution
18 10 (14.71%) Reuters
18 10 (14.71%) Git (software)

RMDS
Top Related IT Skills in London by Category

For the 6 months to 22 October 2014, IT contractor jobs across the London region citing RMDS 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 RMDS. Up to 20 skills are shown per category.

Application Platforms
1 10 (14.71%) Confluence
2 9 (13.24%) Oracle Coherence
3 3 (4.41%) Apache
3 3 (4.41%) Tomcat
3 3 (4.41%) IIS
3 3 (4.41%) Oracle HTTP Server
3 3 (4.41%) WebSphere
4 1 (1.47%) TIBCO EMS
Applications
1 4 (5.88%) MS Excel
Business Applications
1 15 (22.06%) ION MarketView
2 1 (1.47%) 3000 Xtra
Communications & Networking
1 10 (14.71%) Firewall
2 9 (13.24%) DNS
3 4 (5.88%) FTP
3 4 (5.88%) Multicast
4 3 (4.41%) NAS
4 3 (4.41%) FCoE
4 3 (4.41%) Fibre Channel
4 3 (4.41%) LAN
4 3 (4.41%) WAN
4 3 (4.41%) HTTP
4 3 (4.41%) SAN
5 2 (2.94%) TCP/IP
5 2 (2.94%) iSCSI
6 1 (1.47%) F5 BIG-IP LTM
6 1 (1.47%) F5 BIG-IP GTM
6 1 (1.47%) CHAP
Database & Business Intelligence
1 7 (10.29%) Relational Database
2 4 (5.88%) SQL Server
2 4 (5.88%) KDB
3 3 (4.41%) Hadoop
3 3 (4.41%) MongoDB
3 3 (4.41%) HBase
Development Applications
1 11 (16.18%) JIRA
2 10 (14.71%) Git (software)
2 10 (14.71%) TeamCity
3 3 (4.41%) Eclipse
4 2 (2.94%) IntelliJ
5 1 (1.47%) Zephyr
5 1 (1.47%) Jenkins
5 1 (1.47%) JUnit
General
1 37 (54.41%) Banking
2 29 (42.65%) Front Office
3 22 (32.35%) Finance
4 15 (22.06%) Investment Banking
5 10 (14.71%) Financial Institution
6 2 (2.94%) Corporate Banking
6 2 (2.94%) International Banking
7 1 (1.47%) Advertising
7 1 (1.47%) Back Office
Job Titles
1 40 (58.82%) Developer
2 32 (47.06%) Java Developer
3 12 (17.65%) Senior Developer
4 10 (14.71%) Senior Java Developer
5 6 (8.82%) Analyst
5 6 (8.82%) Development Manager
5 6 (8.82%) DevOps Engineer
6 5 (7.35%) Support Analyst
7 4 (5.88%) Applications Support
7 4 (5.88%) Applications Support Analyst
7 4 (5.88%) Market Analyst
7 4 (5.88%) Junior Analyst
7 4 (5.88%) Market Data Analyst
7 4 (5.88%) Junior Data Analyst
7 4 (5.88%) Data Analyst
7 4 (5.88%) Junior
7 4 (5.88%) Market Data Support Analyst
7 4 (5.88%) Junior Support Analyst
7 4 (5.88%) Java Swing Developer
7 4 (5.88%) Market Data Engineer
Libraries, Frameworks & Software Standards
1 18 (26.47%) Rendezvous
2 13 (19.12%) HTML
3 10 (14.71%) HTML5
4 9 (13.24%) WebSockets
4 9 (13.24%) Middleware
5 8 (11.76%) CSS
5 8 (11.76%) Swing
5 8 (11.76%) JavaFX
6 7 (10.29%) FIX Protocol
7 6 (8.82%) Web Services
7 6 (8.82%) RESTful
8 3 (4.41%) Spring Integration
8 3 (4.41%) XML
8 3 (4.41%) XSLT
8 3 (4.41%) Spring
9 2 (2.94%) Apache Flex
10 1 (1.47%) JMS
10 1 (1.47%) JMX
Miscellaneous
1 25 (36.76%) Foreign Exchange (FX)
2 20 (29.41%) Fixed Income
3 6 (8.82%) Thin Client
3 6 (8.82%) Fat Client
4 4 (5.88%) Hedge funds
4 4 (5.88%) Analytical Skills
5 3 (4.41%) Algorithms
6 2 (2.94%) Equities
6 2 (2.94%) Computer Science
6 2 (2.94%) N-Tier
7 1 (1.47%) Visualisation
7 1 (1.47%) Derivative
7 1 (1.47%) Management Information System
Operating Systems
1 34 (50.00%) Linux
2 26 (38.24%) UNIX
3 12 (17.65%) Solaris
4 9 (13.24%) Windows
5 1 (1.47%) Red Hat Enterprise Linux
Processes & Methodologies
1 41 (60.29%) Agile Software Development
2 22 (32.35%) Low Latency
3 17 (25.00%) Multithreading
4 16 (23.53%) TDD
5 13 (19.12%) DevOps
6 12 (17.65%) E-Commerce
7 11 (16.18%) Risk Management
8 10 (14.71%) BDD
9 9 (13.24%) Continuous Integration
10 8 (11.76%) Automated Testing
11 6 (8.82%) OO
11 6 (8.82%) Electronic Trading
12 4 (5.88%) Software Engineering
12 4 (5.88%) Algorithmic Trading
13 3 (4.41%) Performance Tuning
13 3 (4.41%) OOD
13 3 (4.41%) Benchmarking
13 3 (4.41%) Change Management
14 2 (2.94%) Migration
14 2 (2.94%) Stakeholder Management
Programming Languages
1 57 (83.82%) Java
2 29 (42.65%) SQL
3 4 (5.88%) C++
4 3 (4.41%) Python
4 3 (4.41%) JavaScript
4 3 (4.41%) Perl
5 2 (2.94%) C#
6 1 (1.47%) C-shell
6 1 (1.47%) Bash Shell
6 1 (1.47%) Shell Script
6 1 (1.47%) Korn
Qualifications
1 1 (1.47%) CISSP
1 1 (1.47%) Degree
Quality Assurance & Compliance
1 3 (4.41%) QA
System Software
1 3 (4.41%) SRDF
1 3 (4.41%) NFS
1 3 (4.41%) Oracle RAC
2 2 (2.94%) Xen
2 2 (2.94%) Hyper-V
2 2 (2.94%) VMware Infrastructure
2 2 (2.94%) KVM
Systems Management
1 1 (1.47%) ITRS Geneos
1 1 (1.47%) Salt
1 1 (1.47%) Puppet
1 1 (1.47%) Opscode Chef
Vendors
1 32 (47.06%) 29West
2 22 (32.35%) TIBCO
3 20 (29.41%) Oracle
4 17 (25.00%) ION Trading
5 10 (14.71%) Reuters
6 6 (8.82%) Informatica
6 6 (8.82%) Bloomberg
7 4 (5.88%) Sybase
8 3 (4.41%) NetApp
8 3 (4.41%) Red Hat
8 3 (4.41%) Cisco
8 3 (4.41%) IBM
8 3 (4.41%) EMC
8 3 (4.41%) Intel
8 3 (4.41%) DataSynapse
9 2 (2.94%) VMware
10 1 (1.47%) SaltStack
10 1 (1.47%) Tufin
10 1 (1.47%) TippingPoint
10 1 (1.47%) Tradeweb
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