The first table below looks at the demand 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 24 July 2014 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
24 Jul 2014
Same period 2013 Same period 2012
Reuters Market Data System (RMDS)
Rank 362 349 353
Rank change year-on-year
-13 +4
Contract jobs citing RMDS 39 58 58
As % of all contract IT jobs located in London 0.17% 0.24% 0.22%
As % of the Business Applications category 1.84% 2.78% 2.44%
Number of daily rates quoted 32 41 36
Average daily rate
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£638 £600 £500
Average daily rate % change year-on-year
+6.25% +20.00%
90% offered a daily rate of more than £251 £550 £305
10% offered a daily rate of more than £772 £650 £575
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 2 0
Average hourly rate - £39.51 -
UK excluding London average hourly rate - - -
Business Applications Category
London
Contract IT job ads with a match in the
Business Applications category
2117 2088 2380
As % of all contract IT jobs located in London 8.98% 8.61% 9.05%
Number of daily rates quoted 1220 1268 1338
Average daily rate £460 £450 £475
Average daily rate % change year-on-year
+2.22% -5.26%
90% offered a daily rate of more than £300 £310 £300
10% offered a daily rate of more than £600 £625 £600
UK excluding London average daily rate £425 £413 £438
% change year-on-year
+3.03% -5.71%
Number of hourly rates quoted 6 20 16
Average hourly rate £32.03 £19.00 £42.78
Average hourly rate % change year-on-year
+68.57% -55.58%
90% offered a hourly rate of more than £17.89 £12.50 £22.32
10% offered a hourly rate of more than £36.86 £62.45 £62.95
UK excluding London average hourly rate £31.50 £31.50 £32.50
% change year-on-year
- -3.07%
RMDS
England

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 24 July 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 24 July 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 +3 10 £625 +4.16% 4
Docklands, London - - - -
RMDS
England

RMDS
Top 30 Related IT Skills in London

For the 6 months to 24 July 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 83 (71.55%) Java
2 81 (69.83%) Linux
3 63 (54.31%) Front Office
4 58 (50.00%) Banking
5 51 (43.97%) Foreign Exchange (FX)
5 51 (43.97%) 29West
6 50 (43.10%) SQL
7 46 (39.66%) Oracle
8 45 (38.79%) UNIX
9 38 (32.76%) Reuters
9 38 (32.76%) Low Latency
10 36 (31.03%) Solaris
11 33 (28.45%) Risk Management
12 26 (22.41%) Finance
12 26 (22.41%) E-Commerce
12 26 (22.41%) Windows
13 25 (21.55%) Oracle Coherence
14 22 (18.97%) TIBCO
15 21 (18.10%) Bloomberg
16 20 (17.24%) Multithreading
17 19 (16.38%) Rendezvous
17 19 (16.38%) Investment Banking
18 17 (14.66%) Firewall
19 16 (13.79%) Fixed Income
20 15 (12.93%) Middleware
21 13 (11.21%) ION Trading
22 12 (10.34%) Change Management
23 11 (9.48%) ION MarketView
23 11 (9.48%) VMware
23 11 (9.48%) SQL Server

RMDS
Top Related IT Skills in London by Category

For the 6 months to 24 July 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 25 (21.55%) Oracle Coherence
2 6 (5.17%) Confluence
3 4 (3.45%) Oracle HTTP Server
3 4 (3.45%) IIS
3 4 (3.45%) Apache
3 4 (3.45%) Tomcat
3 4 (3.45%) WebSphere
Applications
1 4 (3.45%) MS Office
1 4 (3.45%) MS Excel
Business Applications
1 11 (9.48%) ION MarketView
2 1 (0.86%) Temenos T24
2 1 (0.86%) 3000 Xtra
2 1 (0.86%) FLEXCUBE
Communications & Networking
1 17 (14.66%) Firewall
2 8 (6.90%) LAN
2 8 (6.90%) WAN
3 7 (6.03%) DNS
4 4 (3.45%) SAN
4 4 (3.45%) FTP
4 4 (3.45%) HTTP
4 4 (3.45%) TCP/IP
4 4 (3.45%) Multicast
4 4 (3.45%) FCoE
4 4 (3.45%) Fibre Channel
4 4 (3.45%) NAS
5 1 (0.86%) iSCSI
5 1 (0.86%) CHAP
Database & Business Intelligence
1 11 (9.48%) SQL Server
2 5 (4.31%) KDB
3 4 (3.45%) HBase
3 4 (3.45%) Hadoop
4 3 (2.59%) MongoDB
4 3 (2.59%) Relational Database
5 2 (1.72%) Hazelcast
Development Applications
1 9 (7.76%) JIRA
2 7 (6.03%) JUnit
3 6 (5.17%) TeamCity
3 6 (5.17%) Git (software)
4 4 (3.45%) Eclipse
5 2 (1.72%) IntelliJ
5 2 (1.72%) Jenkins
5 2 (1.72%) Zephyr
6 1 (0.86%) RIATest
6 1 (0.86%) WinRunner
6 1 (0.86%) ClearQuest
General
1 63 (54.31%) Front Office
2 58 (50.00%) Banking
3 26 (22.41%) Finance
4 19 (16.38%) Investment Banking
5 6 (5.17%) Financial Institution
6 3 (2.59%) Corporate Banking
6 3 (2.59%) Back Office
7 2 (1.72%) International Banking
8 1 (0.86%) Retail
Job Titles
1 37 (31.90%) Developer
2 33 (28.45%) Java Developer
3 23 (19.83%) Development Manager
4 15 (12.93%) Analyst
5 12 (10.34%) Data Analyst
5 12 (10.34%) Support Analyst
5 12 (10.34%) Market Analyst
5 12 (10.34%) Market Data Analyst
5 12 (10.34%) Market Data Support Analyst
6 8 (6.90%) Senior Manager
6 8 (6.90%) Senior Development Manager
7 7 (6.03%) Market Data Engineer
8 6 (5.17%) Applications Support
8 6 (5.17%) Technical Support
9 5 (4.31%) 1st Line Support
9 5 (4.31%) Lead Developer
9 5 (4.31%) Lead Java Developer
9 5 (4.31%) Technical Specialist
10 4 (3.45%) Architect
10 4 (3.45%) Junior
Libraries, Frameworks & Software Standards
1 19 (16.38%) Rendezvous
2 15 (12.93%) Middleware
3 6 (5.17%) HTML
4 5 (4.31%) WebSockets
4 5 (4.31%) XML
5 4 (3.45%) XSLT
5 4 (3.45%) Spring
6 3 (2.59%) FIX Protocol
6 3 (2.59%) Apache Flex
6 3 (2.59%) Spring Integration
7 2 (1.72%) MAPI
7 2 (1.72%) JMX
7 2 (1.72%) REST
7 2 (1.72%) HTML5
8 1 (0.86%) FpML
8 1 (0.86%) JMS
Miscellaneous
1 51 (43.97%) Foreign Exchange (FX)
2 16 (13.79%) Fixed Income
3 6 (5.17%) Derivative
4 5 (4.31%) Equity Derivative
5 4 (3.45%) Hedge funds
6 3 (2.59%) Equities
7 2 (1.72%) N-Tier
7 2 (1.72%) Management Information System
8 1 (0.86%) Computer Science
8 1 (0.86%) Enterprise Software
Operating Systems
1 81 (69.83%) Linux
2 45 (38.79%) UNIX
3 36 (31.03%) Solaris
4 26 (22.41%) Windows
5 6 (5.17%) Red Hat Enterprise Linux
Processes & Methodologies
1 38 (32.76%) Low Latency
2 33 (28.45%) Risk Management
3 26 (22.41%) E-Commerce
4 20 (17.24%) Multithreading
5 12 (10.34%) Change Management
6 10 (8.62%) Software Engineering
6 10 (8.62%) Agile Software Development
6 10 (8.62%) Electronic Trading
6 10 (8.62%) DevOps
7 8 (6.90%) TDD
7 8 (6.90%) Algorithmic Trading
8 7 (6.03%) Ultra-Low Latency
8 7 (6.03%) Stakeholder Management
8 7 (6.03%) Automated Testing
9 6 (5.17%) OO
9 6 (5.17%) Knowledge Management
9 6 (5.17%) Integration Testing
10 5 (4.31%) Problem Management
10 5 (4.31%) BDD
10 5 (4.31%) Performance Tuning
Programming Languages
1 83 (71.55%) Java
2 50 (43.10%) SQL
3 7 (6.03%) Perl
4 4 (3.45%) C++
4 4 (3.45%) C-shell
4 4 (3.45%) Bash Shell
5 3 (2.59%) Python
5 3 (2.59%) JavaScript
6 2 (1.72%) C#
7 1 (0.86%) Shell Script
7 1 (0.86%) C
7 1 (0.86%) VBScript
7 1 (0.86%) VB
Qualifications
1 4 (3.45%) Degree
2 1 (0.86%) ISEB Practitioner
2 1 (0.86%) ISEB
Quality Assurance & Compliance
1 4 (3.45%) QA
System Software
1 8 (6.90%) VMware Infrastructure
2 4 (3.45%) NFS
2 4 (3.45%) SRDF
2 4 (3.45%) Oracle RAC
3 1 (0.86%) Xen
3 1 (0.86%) Hyper-V
3 1 (0.86%) KVM
Systems Management
1 2 (1.72%) ITRS Geneos
2 1 (0.86%) HP Quality Center
2 1 (0.86%) Puppet
2 1 (0.86%) Salt
2 1 (0.86%) Opscode Chef
Vendors
1 51 (43.97%) 29West
2 46 (39.66%) Oracle
3 38 (32.76%) Reuters
4 22 (18.97%) TIBCO
5 21 (18.10%) Bloomberg
6 13 (11.21%) ION Trading
7 11 (9.48%) VMware
8 9 (7.76%) Citrix
9 7 (6.03%) MarketAxess
9 7 (6.03%) Red Hat
10 5 (4.31%) Informatica
11 4 (3.45%) Cisco
11 4 (3.45%) IBM
11 4 (3.45%) Microsoft
11 4 (3.45%) EMC
11 4 (3.45%) Intel
11 4 (3.45%) NetApp
11 4 (3.45%) Sybase
11 4 (3.45%) DataSynapse
12 1 (0.86%) Splunk
London
McGregor Boyall
Rate: £650 - £750 per annum
Posted: 6 days ago