The table below looks at the statistics for thinkFolio 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 thinkFolio over the 3 months to 8 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
8 Feb 2016
Same period 2015 Same period 2014
Markit thinkFolio
Rank 395 371 389
Rank change year-on-year
-24 +18
Contract jobs citing thinkFolio 13 47 24
As % of all contract IT jobs located in London 0.061% 0.22% 0.11%
As % of the Business Applications category 0.80% 2.34% 1.16%
Number of daily rates quoted 12 41 14
Average daily rate £631 £550 £538
Average daily rate % change year-on-year
+14.77% +2.32%
90% offered a daily rate of more than £490 £425 £450
10% offered a daily rate of more than £700 £650 £585
UK excluding London average daily rate £625 - -
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 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
1615 2012 2077
As % of all contract IT jobs located in London 7.63% 9.48% 9.61%
Number of daily rates quoted 1003 1280 1189
Average daily rate £458 £475 £450
Average daily rate % change year-on-year
-3.68% +5.55%
90% offered a daily rate of more than £313 £312 £300
10% offered a daily rate of more than £625 £625 £605
UK excluding London average daily rate £425 £425 £418
% change year-on-year
- +1.79%
Number of hourly rates quoted 7 11 23
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 £21.50 £30.00 £16.40
10% offered a hourly rate of more than £100.00 £53.82 £80.00
UK excluding London average hourly rate £38.50 £17.75 £37.80
% change year-on-year
+116.90% -53.04%

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 Business Applications 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 8 February 2016.

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 8 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 +41 2 £631 +26.25% 10
thinkFolio
England

thinkFolio
Top 30 Related IT Skills in London

For the 6 months to 8 February 2016, 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 24 (68.57%) Asset Management
1 24 (68.57%) Investment Management
2 18 (51.43%) Fixed Income
3 16 (45.71%) Front Office
4 11 (31.43%) Finance
4 11 (31.43%) Foreign Exchange (FX)
5 8 (22.86%) Equities
6 7 (20.00%) LatentZero
6 7 (20.00%) Bloomberg
6 7 (20.00%) C#
7 6 (17.14%) SQL
7 6 (17.14%) SQL Server
7 6 (17.14%) Degree
7 6 (17.14%) Derivative
7 6 (17.14%) Fund Management
7 6 (17.14%) Hedge funds
7 6 (17.14%) Portfolio Management
8 5 (14.29%) Analytical Skills
8 5 (14.29%) FIX Protocol
8 5 (14.29%) Change Management
9 4 (11.43%) Risk Management
9 4 (11.43%) Change Control
9 4 (11.43%) Product Management
10 3 (8.57%) Reference Data
10 3 (8.57%) Analytics
10 3 (8.57%) Back Office
10 3 (8.57%) Fidessa
11 2 (5.71%) Salesforce.com
11 2 (5.71%) webMethods
11 2 (5.71%) StatPro

thinkFolio
Top Related IT Skills in London by Category

For the 6 months to 8 February 2016, 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.

Business Applications
1 7 (20.00%) LatentZero
2 2 (5.71%) Markit EDM
2 2 (5.71%) Sentinel
3 1 (2.86%) Eagle PACE
Database & Business Intelligence
1 6 (17.14%) SQL Server
2 2 (5.71%) RDBMS
2 2 (5.71%) Relational Database
2 2 (5.71%) SQL Server Integration Services
3 1 (2.86%) Oracle Database
3 1 (2.86%) SQL Server Reporting Services
General
1 16 (45.71%) Front Office
2 11 (31.43%) Finance
3 3 (8.57%) Back Office
Job Titles
1 30 (85.71%) Analyst
2 22 (62.86%) Business Analyst
3 17 (48.57%) thinkFolio Analyst
3 17 (48.57%) thinkFolio Business Analyst
4 7 (20.00%) Senior Analyst
5 6 (17.14%) Support Analyst
6 5 (14.29%) Systems Analyst
7 4 (11.43%) Applications Support
7 4 (11.43%) Asset Management Analyst
7 4 (11.43%) Investment Management Business Analyst
7 4 (11.43%) Senior Systems Analyst
8 3 (8.57%) Applications Support Analyst
8 3 (8.57%) Developer
8 3 (8.57%) Finance Systems Analyst
8 3 (8.57%) Financial Analyst
8 3 (8.57%) Senior Financial Analyst
8 3 (8.57%) Senior IT Support
8 3 (8.57%) Senior Support Analyst
8 3 (8.57%) Systems Support
8 3 (8.57%) Systems Support Analyst
Libraries, Frameworks & Software Standards
1 5 (14.29%) FIX Protocol
2 2 (5.71%) XML
2 2 (5.71%) XSLT
3 1 (2.86%) .NET
3 1 (2.86%) .NET Framework
Miscellaneous
1 18 (51.43%) Fixed Income
2 11 (31.43%) Foreign Exchange (FX)
3 8 (22.86%) Equities
4 6 (17.14%) Derivative
4 6 (17.14%) Hedge funds
5 5 (14.29%) Analytical Skills
6 3 (8.57%) Reference Data
7 1 (2.86%) Tandem
Processes & Methodologies
1 24 (68.57%) Asset Management
1 24 (68.57%) Investment Management
2 6 (17.14%) Fund Management
2 6 (17.14%) Portfolio Management
3 5 (14.29%) Change Management
4 4 (11.43%) Change Control
4 4 (11.43%) Product Management
4 4 (11.43%) Risk Management
5 3 (8.57%) Analytics
6 2 (5.71%) Business Intelligence
6 2 (5.71%) Data Management
6 2 (5.71%) Enterprise Data Management
6 2 (5.71%) Migration
6 2 (5.71%) User Acceptance Testing
7 1 (2.86%) Agile Software Development
7 1 (2.86%) Business Analysis
7 1 (2.86%) Data Governance
7 1 (2.86%) Data Validation
7 1 (2.86%) Stakeholder Management
7 1 (2.86%) Validation
Programming Languages
1 7 (20.00%) C#
2 6 (17.14%) SQL
3 2 (5.71%) VBA
3 2 (5.71%) VBScript
Qualifications
1 6 (17.14%) Degree
Quality Assurance & Compliance
1 1 (2.86%) Dodd-Frank
1 1 (2.86%) EMIR
Systems Management
1 1 (2.86%) HP Quality Center
Vendors
1 7 (20.00%) Bloomberg
2 3 (8.57%) Fidessa
3 2 (5.71%) BI-SAM
3 2 (5.71%) Charles River
3 2 (5.71%) Salesforce.com
3 2 (5.71%) StatPro
3 2 (5.71%) webMethods
4 1 (2.86%) HP
4 1 (2.86%) Microsoft
4 1 (2.86%) Oracle