The table below looks at the statistics for knowledge and experience of Fundtech products and/or services in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited Fundtech over the 3 months to 2 June 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 Fundtech Ltd.

Location
3 months to
2 Jun 2015
Same period 2014 Same period 2013
Fundtech
Rank 593 571 551
Rank change year-on-year
-22 -20
Contract jobs citing Fundtech 1 6 8
As % of all contract IT jobs located in the UK 0.002% 0.011% 0.017%
As % of the Vendors category 0.004% 0.026% 0.037%
Number of daily rates quoted 1 2 3
Average daily rate
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£375 £450 £550
Average daily rate % change year-on-year
-16.66% -18.18%
UK excluding London average daily rate £375 - £525
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -

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

Vendors Category
UK
Contract IT job ads with a match in the
Vendors category
24131 23508 21489
As % of all contract IT jobs located in the UK 45.03% 44.95% 46.84%
Number of daily rates quoted 14085 13312 11404
Average daily rate £400 £388 £400
Average daily rate % change year-on-year
+3.22% -3.12%
90% offered a daily rate of more than £225 £220 £238
10% offered a daily rate of more than £550 £550 £550
UK excluding London average daily rate £368 £350 £350
% change year-on-year
+5.00% -
Number of hourly rates quoted 1092 1044 1167
Average hourly rate £18.50 £17.50 £19.00
Average hourly rate % change year-on-year
+5.71% -7.89%
90% offered a hourly rate of more than £11.18 £11.00 £11.35
10% offered a hourly rate of more than £40.15 £37.49 £40.00
UK excluding London average hourly rate £18.00 £17.00 £19.00
% change year-on-year
+5.88% -10.52%

Fundtech
Jobs Demand Trend

This chart provides the 3-month moving total of IT contractor jobs citing Fundtech within the UK as a proportion of the total demand within the Vendors category.

Fundtech Jobs Demand Trend in the UK

Fundtech
Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Fundtech within the UK.

Fundtech Daily Rate Trend in the UK

Fundtech
Top 16 Related IT Skills

For the 6 months to 2 June 2015, IT contractor jobs within the UK citing Fundtech 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 Fundtech.

1 1 (100.00%) MS Office
1 1 (100.00%) XML
1 1 (100.00%) MS Visio
1 1 (100.00%) Foreign Exchange (FX)
1 1 (100.00%) Finance
1 1 (100.00%) Migration
1 1 (100.00%) XML Messaging
1 1 (100.00%) PACS
1 1 (100.00%) Banking
1 1 (100.00%) Billing
1 1 (100.00%) Investment Banking
1 1 (100.00%) Use Case
1 1 (100.00%) Data Migration
1 1 (100.00%) Cash Management
1 1 (100.00%) SWIFT
1 1 (100.00%) Finacle

Fundtech
Top Related IT Skills by Category

For the 6 months to 2 June 2015, IT contractor jobs within the UK citing Fundtech 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 Fundtech. Up to 20 skills are shown per category.

Applications
1 1 (100.00%) MS Office
1 1 (100.00%) MS Visio
Business Applications
1 1 (100.00%) Finacle
General
1 1 (100.00%) Finance
1 1 (100.00%) Banking
1 1 (100.00%) Billing
1 1 (100.00%) Investment Banking
Job Titles
1 1 (100.00%) Business Analyst
1 1 (100.00%) Analyst
1 1 (100.00%) Payments Business Analyst
Libraries, Frameworks & Software Standards
1 1 (100.00%) XML
1 1 (100.00%) XML Messaging
Miscellaneous
1 1 (100.00%) Foreign Exchange (FX)
1 1 (100.00%) PACS
1 1 (100.00%) SWIFT
Processes & Methodologies
1 1 (100.00%) Migration
1 1 (100.00%) Use Case
1 1 (100.00%) Data Migration
1 1 (100.00%) Cash Management