The table below looks at the statistics for LatentZero skills in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited LatentZero over the 3 months to 24 April 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.

Location
3 months to
24 Apr 2015
Same period 2014 Same period 2013
Fidessa LatentZero
Rank 580 577 510
Rank change year-on-year
-3 -67
Contract jobs citing LatentZero 14 23 49
As % of all contract IT jobs located in the UK 0.025% 0.042% 0.10%
As % of the Business Applications category 0.32% 0.49% 1.11%
Number of daily rates quoted 13 20 37
Average daily rate
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of your Daily Rate
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£550 £588 £500
Average daily rate % change year-on-year
-6.38% +17.50%
90% offered a daily rate of more than £525 £450 £390
10% offered a daily rate of more than £700 £650 £600
UK excluding London average daily rate - £650 £550
% change year-on-year
- +18.18%
Number of hourly rates quoted 0 1 0
Average hourly rate - £50.00 -
UK excluding London average hourly rate - - -

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

Business Applications Category
UK
Contract IT job ads with a match in the
Business Applications category
4345 4734 4432
As % of all contract IT jobs located in the UK 7.80% 8.57% 9.14%
Number of daily rates quoted 2429 2663 2251
Average daily rate £450 £425 £450
Average daily rate % change year-on-year
+5.88% -5.55%
90% offered a daily rate of more than £300 £300 £300
10% offered a daily rate of more than £600 £600 £575
UK excluding London average daily rate £425 £400 £425
% change year-on-year
+6.25% -5.88%
Number of hourly rates quoted 28 44 77
Average hourly rate £30.00 £33.00 £37.80
Average hourly rate % change year-on-year
-9.09% -12.69%
90% offered a hourly rate of more than £17.35 £14.40 £16.50
10% offered a hourly rate of more than £61.34 £53.50 £57.50
UK excluding London average hourly rate £33.50 £37.49 £37.80
% change year-on-year
-10.64% -0.82%

LatentZero
Jobs Demand Trend

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

LatentZero Jobs Demand Trend in the UK

LatentZero
Daily Rate Trend

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

LatentZero Daily Rate Trend in the UK

LatentZero
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing LatentZero within the UK over the 3 months to 24 April 2015.

LatentZero Daily Rate Histogram in the UK

LatentZero
Hourly Rate Trend

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

LatentZero Hourly Rate Trend in the UK

LatentZero
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 LatentZero within the UK over the 3 months to 24 April 2015. 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 -3 14 £550 -4.34% 7
England -9 14 £550 -4.34% 7
City of London +14 6 £569 +3.45% 3

LatentZero
Top 30 Related IT Skills

For the 6 months to 24 April 2015, IT contractor jobs within the UK citing LatentZero 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 LatentZero.

1 28 (100.00%) thinkFolio
2 23 (82.14%) Front Office
3 21 (75.00%) Asset Management
4 16 (57.14%) Fixed Income
4 16 (57.14%) Equities
5 14 (50.00%) Derivative
5 14 (50.00%) Fund Management
6 11 (39.29%) Bloomberg
6 11 (39.29%) SQL
6 11 (39.29%) SQL Server
6 11 (39.29%) Fidessa
7 10 (35.71%) Investment Management
8 9 (32.14%) Charles River
9 8 (28.57%) VBA
9 8 (28.57%) Oracle
10 7 (25.00%) User Acceptance Testing
11 6 (21.43%) Problem Management
11 6 (21.43%) Tesseract
11 6 (21.43%) Minerva
11 6 (21.43%) Sentinel
11 6 (21.43%) Management Information System
11 6 (21.43%) MS Access
12 5 (17.86%) Markit EDM
13 4 (14.29%) Agile Software Development
13 4 (14.29%) Finance
13 4 (14.29%) MS Excel
14 3 (10.71%) Microsoft
14 3 (10.71%) Back Office
14 3 (10.71%) SQL Server Management Studio (SSMS)
14 3 (10.71%) Analytical Skills

LatentZero
Top Related IT Skills by Category

For the 6 months to 24 April 2015, IT contractor jobs within the UK citing LatentZero 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 LatentZero. Up to 20 skills are shown per category.

Applications
1 4 (14.29%) MS Excel
2 1 (3.57%) Spreadsheet
Business Applications
1 28 (100.00%) thinkFolio
2 6 (21.43%) Tesseract
2 6 (21.43%) Minerva
2 6 (21.43%) Sentinel
3 5 (17.86%) Markit EDM
4 2 (7.14%) Eagle PACE
Database & Business Intelligence
1 11 (39.29%) SQL Server
2 6 (21.43%) MS Access
Development Applications
1 3 (10.71%) SQL Server Management Studio (SSMS)
General
1 23 (82.14%) Front Office
2 4 (14.29%) Finance
3 3 (10.71%) Back Office
4 2 (7.14%) Banking
4 2 (7.14%) Retail
5 1 (3.57%) Investment Banking
Job Titles
1 23 (82.14%) Analyst
2 8 (28.57%) Business Analyst
2 8 (28.57%) Developer
2 8 (28.57%) VBA Developer
3 7 (25.00%) Excel Developer
4 6 (21.43%) Excel VBA Developer
4 6 (21.43%) Support Analyst
4 6 (21.43%) Applications Support
5 5 (17.86%) Applications Support Analyst
5 5 (17.86%) Analyst Developer
6 4 (14.29%) Test Analyst
7 1 (3.57%) Applications Manager
7 1 (3.57%) Business Test Analyst
7 1 (3.57%) Testing Analyst
7 1 (3.57%) Senior Business Analyst
7 1 (3.57%) Senior Analyst
7 1 (3.57%) Support Manager
7 1 (3.57%) Applications Support Manager
7 1 (3.57%) Senior Test Analyst
7 1 (3.57%) Programme Manager
Miscellaneous
1 16 (57.14%) Fixed Income
1 16 (57.14%) Equities
2 14 (50.00%) Derivative
3 6 (21.43%) Management Information System
4 3 (10.71%) Analytical Skills
5 1 (3.57%) Data Integration
5 1 (3.57%) Foreign Exchange (FX)
Processes & Methodologies
1 21 (75.00%) Asset Management
2 14 (50.00%) Fund Management
3 10 (35.71%) Investment Management
4 7 (25.00%) User Acceptance Testing
5 6 (21.43%) Problem Management
6 4 (14.29%) Agile Software Development
7 2 (7.14%) Portfolio Management
7 2 (7.14%) Integration Testing
8 1 (3.57%) Software Testing
8 1 (3.57%) Business Analysis
8 1 (3.57%) Fund Accounting
8 1 (3.57%) Test Scripting
8 1 (3.57%) Change Control
8 1 (3.57%) Critical Success Factor
8 1 (3.57%) Change Management
8 1 (3.57%) Migration
Programming Languages
1 11 (39.29%) SQL
2 8 (28.57%) VBA
Systems Management
1 1 (3.57%) HP Quality Center
1 1 (3.57%) Control-M
Vendors
1 11 (39.29%) Bloomberg
1 11 (39.29%) Fidessa
2 9 (32.14%) Charles River
3 8 (28.57%) Oracle
4 3 (10.71%) Microsoft
5 1 (3.57%) FactSet
5 1 (3.57%) HP
5 1 (3.57%) Reuters