The table below looks at the statistics for knowledge and experience of thinkFolio 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 thinkFolio over the 3 months to 19 September 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.

The figures below represent the IT contractor job market in general and are NOT representative of contractor rates within thinkFolio Limited.

Location
3 months to
19 Sep 2014
Same period 2013 Same period 2012
thinkFolio
Rank 384 403 329
Rank change year-on-year
+19 -74
Contract jobs citing thinkFolio 36 31 77
As % of all contract IT jobs located in London 0.15% 0.12% 0.30%
As % of the Vendors category 0.32% 0.27% 0.65%
Number of daily rates quoted 30 28 64
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£550 £500 £525
Average daily rate % change year-on-year
+10.00% -4.76%
90% offered a daily rate of more than £471 £410 £433
10% offered a daily rate of more than £625 £633 £600
UK excluding London average daily rate - £500 £375
% change year-on-year
- +33.33%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
thinkFolio
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
11240 11609 11761
As % of all contract IT jobs located in London 45.89% 46.19% 45.54%
Number of daily rates quoted 7272 7557 7142
Average daily rate £425 £420 £425
Average daily rate % change year-on-year
+1.13% -1.11%
90% offered a daily rate of more than £240 £250 £250
10% offered a daily rate of more than £575 £580 £575
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 244 256 334
Average hourly rate £19.00 £19.50 £19.00
Average hourly rate % change year-on-year
-2.56% +2.63%
90% offered a hourly rate of more than £13.46 £13.00 £12.50
10% offered a hourly rate of more than £37.50 £48.00 £41.00
UK excluding London average hourly rate £18.97 £19.00 £18.50
% change year-on-year
-0.18% +2.70%

thinkFolio
Jobs Demand Trend in London

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

thinkFolio Jobs Demand Trend in London

thinkFolio
Daily Rate Trend in London

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

thinkFolio Daily Rate Trend in London

thinkFolio
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing thinkFolio across the London region over the 3 months to 19 September 2014.

thinkFolio Daily Rate Histogram in London

thinkFolio
Hourly Rate Trend in London

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

thinkFolio Hourly Rate Trend in London

thinkFolio
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 thinkFolio within the London region over the 3 months to 19 September 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 +25 17 £550 +4.76% 3
thinkFolio
England

thinkFolio
Top 30 Related IT Skills in London

For the 6 months to 19 September 2014, IT contractor jobs across the London region citing thinkFolio 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 thinkFolio.

1 49 (69.01%) Front Office
2 42 (59.15%) Asset Management
3 40 (56.34%) Investment Management
4 37 (52.11%) SQL
5 32 (45.07%) Charles River
6 23 (32.39%) Fixed Income
7 18 (25.35%) LatentZero
8 17 (23.94%) Derivative
9 16 (22.54%) Business Analysis
9 16 (22.54%) Markit EDM
10 15 (21.13%) Bloomberg
11 14 (19.72%) Finance
11 14 (19.72%) Fund Management
12 8 (11.27%) Agile Software Development
12 8 (11.27%) Portfolio Management
13 7 (9.86%) Project Management
14 6 (8.45%) Banking
14 6 (8.45%) Equities
15 5 (7.04%) Back Office
15 5 (7.04%) Reuters
15 5 (7.04%) SQL Server
15 5 (7.04%) Financial Modelling
15 5 (7.04%) User Acceptance Testing
15 5 (7.04%) Front Arena
15 5 (7.04%) Data Analysis
16 4 (5.63%) Sentinel
16 4 (5.63%) LongView
16 4 (5.63%) Foreign Exchange (FX)
16 4 (5.63%) Change Management
16 4 (5.63%) Risk Management

thinkFolio
Top Related IT Skills in London by Category

For the 6 months to 19 September 2014, IT contractor jobs across the London region citing thinkFolio 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 thinkFolio. Up to 20 skills are shown per category.

Applications
1 1 (1.41%) MS Excel
Business Applications
1 18 (25.35%) LatentZero
2 16 (22.54%) Markit EDM
3 5 (7.04%) Front Arena
4 4 (5.63%) Sentinel
4 4 (5.63%) LongView
5 3 (4.23%) Tesseract
5 3 (4.23%) Minerva
6 1 (1.41%) Global One
6 1 (1.41%) SimCorp Dimension
6 1 (1.41%) Eagle PACE
Communications & Networking
1 1 (1.41%) FTP
Database & Business Intelligence
1 5 (7.04%) SQL Server
2 3 (4.23%) SQL Server 2008
3 2 (2.82%) SQL Server Reporting Services
3 2 (2.82%) Crystal Reports
4 1 (1.41%) RDBMS
4 1 (1.41%) Relational Database
General
1 49 (69.01%) Front Office
2 14 (19.72%) Finance
3 6 (8.45%) Banking
4 5 (7.04%) Back Office
5 2 (2.82%) Investment Banking
6 1 (1.41%) Retail
6 1 (1.41%) Marketing
Job Titles
1 53 (74.65%) Analyst
2 28 (39.44%) Business Analyst
3 18 (25.35%) Support Analyst
4 17 (23.94%) Applications Support
5 10 (14.08%) Applications Support Analyst
6 9 (12.68%) Project Manager
7 6 (8.45%) Senior Analyst
7 6 (8.45%) Test Analyst
8 5 (7.04%) Senior Business Analyst
9 4 (5.63%) Systems Analyst
10 3 (4.23%) Consultant
11 2 (2.82%) Senior Project Manager
11 2 (2.82%) Systems Test Analyst
11 2 (2.82%) Systems Support Analyst
11 2 (2.82%) Senior Manager
11 2 (2.82%) Systems Support
12 1 (1.41%) 2nd Line Support
12 1 (1.41%) Technical Consultant
12 1 (1.41%) Test Manager
12 1 (1.41%) Implementation Analyst
Libraries, Frameworks & Software Standards
1 1 (1.41%) FIXML
1 1 (1.41%) WebSphere MQ
1 1 (1.41%) XML
1 1 (1.41%) FIX Protocol
Miscellaneous
1 23 (32.39%) Fixed Income
2 17 (23.94%) Derivative
3 6 (8.45%) Equities
4 4 (5.63%) Foreign Exchange (FX)
5 2 (2.82%) Hedge funds
5 2 (2.82%) Analytical Skills
5 2 (2.82%) Swaptions
5 2 (2.82%) PMI
5 2 (2.82%) Management Information System
6 1 (1.41%) Credit Derivative
6 1 (1.41%) Reference Data
Operating Systems
1 2 (2.82%) Windows
Processes & Methodologies
1 42 (59.15%) Asset Management
2 40 (56.34%) Investment Management
3 16 (22.54%) Business Analysis
4 14 (19.72%) Fund Management
5 8 (11.27%) Agile Software Development
5 8 (11.27%) Portfolio Management
6 7 (9.86%) Project Management
7 5 (7.04%) Financial Modelling
7 5 (7.04%) User Acceptance Testing
7 5 (7.04%) Data Analysis
8 4 (5.63%) Change Management
8 4 (5.63%) Risk Management
9 3 (4.23%) GAP Analysis
10 2 (2.82%) Analytics
10 2 (2.82%) Automated Testing
10 2 (2.82%) Test Scripting
10 2 (2.82%) Software Testing
10 2 (2.82%) Incident Management
10 2 (2.82%) ETL
10 2 (2.82%) Business Intelligence
Programming Languages
1 37 (52.11%) SQL
2 3 (4.23%) VBA
3 2 (2.82%) T-SQL
3 2 (2.82%) VB
Qualifications
1 2 (2.82%) PMI Certification
2 1 (1.41%) Degree
Quality Assurance & Compliance
1 2 (2.82%) ISO/IEC 20000
1 2 (2.82%) EMIR
2 1 (1.41%) Dodd-Frank
2 1 (1.41%) UCITS
2 1 (1.41%) Data Quality
Systems Management
1 2 (2.82%) Control-M
2 1 (1.41%) Foglight
2 1 (1.41%) HP Quality Center
Vendors
1 32 (45.07%) Charles River
2 15 (21.13%) Bloomberg
3 5 (7.04%) Reuters
4 3 (4.23%) Murex
4 3 (4.23%) Fidessa
4 3 (4.23%) SimCorp
5 2 (2.82%) RIMES
5 2 (2.82%) BI-SAM
5 2 (2.82%) Wall Street Systems
5 2 (2.82%) Misys
5 2 (2.82%) Salesforce.com
5 2 (2.82%) Algorithmics
5 2 (2.82%) Sophis
6 1 (1.41%) Calypso
6 1 (1.41%) StatPro
6 1 (1.41%) Informatica
6 1 (1.41%) FactSet
City of London
Real Staffing
Rate: £400 - £450 per day
Posted: 3 days ago
London
Hays IT - Uk Posting account
Rate: £550.00 - £600.00 per day
Posted: 9 days ago
London
Real Staffing
Rate: £300 - £500 per day
Posted: 10 days ago