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 22 August 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.

Location
3 months to
22 Aug 2014
Same period 2013 Same period 2012
Fidessa LatentZero
Rank 582 559 533
Rank change year-on-year
-23 -26
Contract jobs citing LatentZero 13 19 64
As % of all contract IT jobs located in the UK 0.023% 0.036% 0.11%
As % of the Business Applications category 0.25% 0.40% 1.20%
Number of daily rates quoted 11 12 44
Average daily rate
Keep up to 90%
of your Daily Rate
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£600 £326 £507
Average daily rate % change year-on-year
+83.90% -35.65%
90% offered a daily rate of more than £500 £315 £325
10% offered a daily rate of more than £650 £625 £600
UK excluding London average daily rate - £301 £325
% change year-on-year
- -7.30%
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 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
5151 4698 5341
As % of all contract IT jobs located in the UK 9.14% 8.81% 9.22%
Number of daily rates quoted 2682 2478 2601
Average daily rate £450 £430 £450
Average daily rate % change year-on-year
+4.65% -4.44%
90% offered a daily rate of more than £300 £288 £300
10% offered a daily rate of more than £575 £595 £575
UK excluding London average daily rate £425 £400 £438
% change year-on-year
+6.25% -8.57%
Number of hourly rates quoted 65 82 64
Average hourly rate £30.82 £17.50 £25.00
Average hourly rate % change year-on-year
+76.11% -30.00%
90% offered a hourly rate of more than £13.00 £11.00 £13.40
10% offered a hourly rate of more than £52.00 £45.00 £47.20
UK excluding London average hourly rate £31.50 £18.03 £21.00
% change year-on-year
+74.73% -14.15%

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 22 August 2014.

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 22 August 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 +12 13 £600 +60.00%
England -29 13 £600 +60.00%
City of London +26 5 £525 +66.66%

LatentZero
Top 30 Related IT Skills

For the 6 months to 22 August 2014, 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 24 (70.59%) Investment Management
2 23 (67.65%) thinkFolio
3 22 (64.71%) Asset Management
4 20 (58.82%) Charles River
5 16 (47.06%) Front Office
6 13 (38.24%) Fixed Income
7 12 (35.29%) Sentinel
8 9 (26.47%) SQL
8 9 (26.47%) Bloomberg
9 8 (23.53%) Derivative
10 7 (20.59%) Minerva
10 7 (20.59%) Markit EDM
10 7 (20.59%) Fund Management
11 6 (17.65%) Reuters
11 6 (17.65%) Fidessa
11 6 (17.65%) Business Analysis
12 5 (14.71%) User Acceptance Testing
12 5 (14.71%) Tesseract
13 4 (11.76%) Banking
13 4 (11.76%) Finance
14 3 (8.82%) Murex
14 3 (8.82%) Risk Management
14 3 (8.82%) Portfolio Management
15 2 (5.88%) RIMES
15 2 (5.88%) Stakeholder Engagement
15 2 (5.88%) Back Office
15 2 (5.88%) Algorithmics
15 2 (5.88%) VBA
15 2 (5.88%) SQL Server
15 2 (5.88%) MS Excel

LatentZero
Top Related IT Skills by Category

For the 6 months to 22 August 2014, 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.

Application Platforms
1 1 (2.94%) Exchange Server 2003
1 1 (2.94%) MS Exchange
Applications
1 2 (5.88%) MS Excel
2 1 (2.94%) Adobe Captivate
Business Applications
1 12 (35.29%) Sentinel
2 7 (20.59%) Minerva
2 7 (20.59%) Markit EDM
3 5 (14.71%) Tesseract
4 2 (5.88%) Eagle PACE
5 1 (2.94%) SimCorp Dimension
Communications & Networking
1 1 (2.94%) Internet
Database & Business Intelligence
1 2 (5.88%) SQL Server
Development Applications
1 1 (2.94%) SQL Server Management Studio (SSMS)
General
1 16 (47.06%) Front Office
2 4 (11.76%) Banking
2 4 (11.76%) Finance
3 2 (5.88%) Back Office
3 2 (5.88%) Investment Banking
Job Titles
1 27 (79.41%) Analyst
2 16 (47.06%) Business Analyst
3 7 (20.59%) Test Analyst
4 4 (11.76%) Senior Analyst
5 3 (8.82%) Senior Business Analyst
5 3 (8.82%) Project Manager
6 2 (5.88%) Compliance Analyst
6 2 (5.88%) Applications Support
6 2 (5.88%) Support Analyst
7 1 (2.94%) IT Business Analyst
7 1 (2.94%) Excel Developer
7 1 (2.94%) Desktop Analyst
7 1 (2.94%) VBA Developer
7 1 (2.94%) Data Analyst
7 1 (2.94%) Desktop Support Analyst
7 1 (2.94%) Applications Support Analyst
7 1 (2.94%) Senior Test Analyst
7 1 (2.94%) Analyst Developer
7 1 (2.94%) Applications Support Specialist
7 1 (2.94%) Desktop Support
Miscellaneous
1 13 (38.24%) Fixed Income
2 8 (23.53%) Derivative
3 2 (5.88%) Equities
4 1 (2.94%) Reference Data
4 1 (2.94%) Foreign Exchange (FX)
4 1 (2.94%) Blackberry
Operating Systems
1 1 (2.94%) UNIX
1 1 (2.94%) Windows
Processes & Methodologies
1 24 (70.59%) Investment Management
2 22 (64.71%) Asset Management
3 7 (20.59%) Fund Management
4 6 (17.65%) Business Analysis
5 5 (14.71%) User Acceptance Testing
6 3 (8.82%) Risk Management
6 3 (8.82%) Portfolio Management
7 2 (5.88%) Stakeholder Engagement
7 2 (5.88%) Data Analysis
8 1 (2.94%) Data Management
8 1 (2.94%) Data Migration
8 1 (2.94%) Agile Software Development
8 1 (2.94%) Migration
8 1 (2.94%) Business Continuity
8 1 (2.94%) Data Modelling
Programming Languages
1 9 (26.47%) SQL
2 2 (5.88%) VBA
Quality Assurance & Compliance
1 1 (2.94%) EMIR
System Software
1 1 (2.94%) Active Directory
Vendors
1 23 (67.65%) thinkFolio
2 20 (58.82%) Charles River
3 9 (26.47%) Bloomberg
4 6 (17.65%) Reuters
4 6 (17.65%) Fidessa
5 3 (8.82%) Murex
6 2 (5.88%) RIMES
6 2 (5.88%) Algorithmics
6 2 (5.88%) Sophis
7 1 (2.94%) SimCorp
7 1 (2.94%) Adobe
7 1 (2.94%) Oracle
7 1 (2.94%) Calypso
7 1 (2.94%) CA
7 1 (2.94%) Informatica