The table below looks at the statistics for Greeks skills in IT contracts advertised across the UK. Included is a guide to the contractor rates offered in IT contracts that have cited Greeks over the 3 months to 26 September 2016 with a comparison to the same period over 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.

3 months to
26 Sep 2016
Same period 2015 Same period 2014
Greeks
Rank 647 623 603
Rank change year-on-year
-24 -20
Contract jobs citing Greeks 8 31 35
As % of all contract IT jobs located in the UK 0.015% 0.054% 0.060%
As % of the Processes & Methodologies category 0.018% 0.067% 0.078%
Number of daily rates quoted 7 24 33
Median daily rate £550 £588 £575
Median daily rate % change year-on-year
-6.38% +2.17%
90% offered a daily rate of more than £480 £531 £450
10% offered a daily rate of more than £665 £625 £600
UK excluding London median daily rate - - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

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

Processes & Methodologies Category
UK
Contract IT job ads with a match in the
Processes & Methodologies category
44605 46363 44678
As % of all contract IT jobs located in the UK 83.11% 81.03% 77.22%
Number of daily rates quoted 29540 30319 27925
Median daily rate £440 £425 £413
Median daily rate % change year-on-year
+3.52% +3.03%
90% offered a daily rate of more than £300 £288 £275
10% offered a daily rate of more than £595 £580 £575
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 1156 1285 1224
Median hourly rate £30.50 £32.00 £24.00
Median hourly rate % change year-on-year
-4.68% +33.33%
90% offered a hourly rate of more than £12.58 £12.50 £12.51
10% offered a hourly rate of more than £50.00 £49.57 £53.50
UK excluding London median hourly rate £32.50 £33.64 £26.00
% change year-on-year
-3.38% +29.38%

Greeks
Jobs Demand Trend

The demand trend of contract jobs citing Greeks as a proportion of all IT contracts with a match in the Processes & Methodologies category.

Greeks Jobs Demand Trend in the UK

Greeks
Daily Rate Trend

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

Greeks Daily Rate Trend in the UK

Greeks
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Greeks within the UK over the 3 months to 26 September 2016.

Greeks Daily Rate Histogram in the UK

Greeks
Hourly Rate Trend

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Greeks within the UK.

Greeks Hourly Rate Trend in the UK

Greeks
Top 3 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Greeks within the UK over the 3 months to 26 September 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
(Click see detailed
statistics and trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
England -11 8 £550 -6.38% 3
London -29 8 £550 -6.38% 3
City of London -4 3 £550 -6.38%

Greeks
Top 30 Related IT Skills

For the 6 months to 26 September 2016, IT contractor jobs citing Greeks also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads with a requirement for Greeks.

1 14 (70.00%) C#
2 10 (50.00%) Finance
3 9 (45.00%) Derivative
4 8 (40.00%) Front Office
5 7 (35.00%) C++
5 7 (35.00%) SQL
6 6 (30.00%) Agile Software Development
6 6 (30.00%) Market Risk
7 5 (25.00%) Multithreading
7 5 (25.00%) TDD
8 4 (20.00%) Banking
8 4 (20.00%) Mathematics
8 4 (20.00%) Physics
8 4 (20.00%) .NET
8 4 (20.00%) Foreign Exchange (FX)
8 4 (20.00%) Quantitative Finance
9 3 (15.00%) Unit Testing
9 3 (15.00%) VBA
9 3 (15.00%) Fixed Income
9 3 (15.00%) Investment Banking
9 3 (15.00%) Business Analysis
9 3 (15.00%) Credit Risk
9 3 (15.00%) Credit Derivative
9 3 (15.00%) Sophis
10 2 (10.00%) Risk Management
10 2 (10.00%) Equity Derivative
10 2 (10.00%) Equities
10 2 (10.00%) Migration
10 2 (10.00%) HTML
10 2 (10.00%) JavaScript

Greeks
Top Related IT Skills by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Business Applications
1 1 (5.00%) Summit
Database & Business Intelligence
1 2 (10.00%) SQL Server
Development Applications
1 1 (5.00%) Visual Studio
General
1 10 (50.00%) Finance
2 8 (40.00%) Front Office
3 4 (20.00%) Banking
4 3 (15.00%) Investment Banking
5 1 (5.00%) Back Office
Job Titles
1 9 (45.00%) Analyst
1 9 (45.00%) Developer
2 8 (40.00%) C# Developer
3 7 (35.00%) Senior C# Developer
3 7 (35.00%) Senior Developer
4 5 (25.00%) Qualitative Analyst
4 5 (25.00%) Quantitative Analyst
4 5 (25.00%) Quantitative Risk Analyst
4 5 (25.00%) Risk Analyst
5 4 (20.00%) Business Analyst
5 4 (20.00%) Market Risk Analyst
6 3 (15.00%) C# Developer - Investment Banking
7 2 (10.00%) Business Manager
7 2 (10.00%) Business Project Manager
7 2 (10.00%) Consultant
7 2 (10.00%) HTML Developer
7 2 (10.00%) Project Analyst
7 2 (10.00%) Project Manager
7 2 (10.00%) Quantitative Developer
8 1 (5.00%) QA Analyst
Libraries, Frameworks & Software Standards
1 4 (20.00%) .NET
2 2 (10.00%) AngularJS
2 2 (10.00%) HTML
2 2 (10.00%) HTML5
2 2 (10.00%) Node.js
3 1 (5.00%) Boost C++ Libraries
3 1 (5.00%) STL
Miscellaneous
1 9 (45.00%) Derivative
2 6 (30.00%) Market Risk
3 4 (20.00%) Foreign Exchange (FX)
3 4 (20.00%) Mathematics
3 4 (20.00%) Physics
4 3 (15.00%) Credit Derivative
4 3 (15.00%) Credit Risk
4 3 (15.00%) Fixed Income
5 2 (10.00%) Equities
5 2 (10.00%) Equity Derivative
6 1 (5.00%) OTC Derivatives
6 1 (5.00%) Swaptions
Operating Systems
1 1 (5.00%) Unix
Processes & Methodologies
1 6 (30.00%) Agile Software Development
2 5 (25.00%) Multithreading
2 5 (25.00%) TDD
3 4 (20.00%) Quantitative Finance
4 3 (15.00%) Business Analysis
4 3 (15.00%) Unit Testing
5 2 (10.00%) BDD
5 2 (10.00%) Data Migration
5 2 (10.00%) Garbage Collection
5 2 (10.00%) Migration
5 2 (10.00%) OO
5 2 (10.00%) Performance Optimisation
5 2 (10.00%) Risk Management
6 1 (5.00%) Analytics
6 1 (5.00%) Asset Management
6 1 (5.00%) Monte Carlo Method
6 1 (5.00%) Risk Analysis
6 1 (5.00%) Scrum
6 1 (5.00%) Technical Architecture
6 1 (5.00%) Test Scripting
Programming Languages
1 14 (70.00%) C#
2 7 (35.00%) C++
2 7 (35.00%) SQL
3 3 (15.00%) VBA
4 2 (10.00%) JavaScript
5 1 (5.00%) F#
5 1 (5.00%) PL/SQL
5 1 (5.00%) VB.NET
Qualifications
1 1 (5.00%) Degree
Quality Assurance & Compliance
1 1 (5.00%) Basel III
1 1 (5.00%) QA
Vendors
1 3 (15.00%) Sophis
2 2 (10.00%) Murex
3 1 (5.00%) Calypso
3 1 (5.00%) Microsoft
3 1 (5.00%) Oracle
3 1 (5.00%) Sybase