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 17 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 Fundtech Ltd.

Location
3 months to
17 Sep 2014
Same period 2013 Same period 2012
Fundtech
Rank 591 578 565
Rank change year-on-year
-13 -13
Contract jobs citing Fundtech 5 4 31
As % of all contract IT jobs located in the UK 0.009% 0.008% 0.053%
As % of the Vendors category 0.019% 0.016% 0.11%
Number of daily rates quoted 5 2 22
Average daily rate
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£550 £425 £350
Average daily rate % change year-on-year
+29.41% +21.42%
90% offered a daily rate of more than £460 £365 £325
10% offered a daily rate of more than £595 £485 £460
UK excluding London average daily rate - - £475
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
26028 24657 27297
As % of all contract IT jobs located in the UK 45.93% 46.75% 46.62%
Number of daily rates quoted 14753 13799 13866
Average daily rate £388 £385 £375
Average daily rate % change year-on-year
+0.64% +2.66%
90% offered a daily rate of more than £225 £225 £225
10% offered a daily rate of more than £550 £550 £550
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 1155 1109 1354
Average hourly rate £18.98 £19.00 £18.75
Average hourly rate % change year-on-year
-0.09% +1.33%
90% offered a hourly rate of more than £11.00 £11.00 £12.00
10% offered a hourly rate of more than £40.00 £40.00 £40.00
UK excluding London average hourly rate £18.00 £19.00 £18.50
% change year-on-year
-5.26% +2.70%

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
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Fundtech within the UK over the 3 months to 17 September 2014.

Fundtech Daily Rate Histogram in the UK

Fundtech
Top 3 Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Fundtech within the UK over the 3 months to 17 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
London +15 5 £550 +29.41%
England -17 5 £550 +29.41%
City of London +23 1 £450 -10.00%

Fundtech
Top 15 Related IT Skills

For the 6 months to 17 September 2014, 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 6 (60.00%) Finance
1 6 (60.00%) Banking
2 3 (30.00%) Financial Institution
2 3 (30.00%) SWIFT
3 2 (20.00%) Corporate Banking
3 2 (20.00%) TOGAF
4 1 (10.00%) Quality Management
4 1 (10.00%) Billing
4 1 (10.00%) ISO 8583
4 1 (10.00%) QA
4 1 (10.00%) User Acceptance Testing
4 1 (10.00%) Cash Management
4 1 (10.00%) TSYS
4 1 (10.00%) Technical Analysis
4 1 (10.00%) Analytical Skills

Fundtech
Top Related IT Skills by Category

For the 6 months to 17 September 2014, 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.

General
1 6 (60.00%) Finance
1 6 (60.00%) Banking
2 3 (30.00%) Financial Institution
3 2 (20.00%) Corporate Banking
4 1 (10.00%) Billing
Job Titles
1 2 (20.00%) Project Manager
1 2 (20.00%) Business Analyst
1 2 (20.00%) Analyst
1 2 (20.00%) Test Manager
1 2 (20.00%) Consultant
2 1 (10.00%) Solutions Architect
2 1 (10.00%) Senior Manager
2 1 (10.00%) Technical Architect
2 1 (10.00%) Programme Manager
2 1 (10.00%) Technical Solutions Architect
2 1 (10.00%) Architect
2 1 (10.00%) Senior Test Manager
2 1 (10.00%) Managing Consultant
2 1 (10.00%) Test Leader
2 1 (10.00%) Test Programme Manager
2 1 (10.00%) Development Analyst
Miscellaneous
1 3 (30.00%) SWIFT
2 1 (10.00%) Analytical Skills
Processes & Methodologies
1 2 (20.00%) TOGAF
2 1 (10.00%) Quality Management
2 1 (10.00%) User Acceptance Testing
2 1 (10.00%) Cash Management
2 1 (10.00%) Technical Analysis
Quality Assurance & Compliance
1 1 (10.00%) ISO 8583
1 1 (10.00%) QA
Vendors
1 1 (10.00%) TSYS